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Condensed Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 29,657 $ 30,291
Restricted cash   5,000
Trade receivables 39,875 30,561
Inventories 59,029 78,472
Income tax receivable 8  
Other receivables 1,087 294
Prepaid expenses and deposits 4,678 7,150
Total current assets 134,334 151,768
Non-current assets    
Property, plant and equipment 198,433 205,613
Investments 2,656 2,656
Goodwill 44,460 55,918
Intangibles 27,869 32,275
Deferred tax asset 4,201 4,201
Right-of-use assets 11,352 12,596
Other assets 2,049 1,962
Total assets 425,354 466,989
Current liabilities    
Line of credit 4,000 4,000
Trade payables 20,117 21,753
Current maturities of long-term debt 8,683 9,133
Accrued sales taxes 15,785 15,941
Accrued loyalty program 1,623 1,773
Accrued liabilities 13,299 15,076
Lease liabilities - current 2,354 2,112
Income tax payable   28
Other current liabilities 2,337 2,340
Total current liabilities 68,198 72,156
Non-current liabilities    
Long-term debt 35,736 38,925
Deferred tax liability 23,582 23,730
Lease liabilities - non-current 9,712 11,335
Other liabilities 2,087 1,902
Total liabilities 139,315 148,048
MEZZANINE EQUITY    
Redeemable non-controlling interest 10,358 15,667
SHAREHOLDERS’ EQUITY    
Common stock, no par value per share - unlimited shares authorized; 111,727,953 shares issued and outstanding at June 30, 2024 and 110,248,929 shares issued and outstanding at December 31, 2023. 386,719 386,719
Additional paid in capital 30,405 25,611
Accumulated other comprehensive loss (9,394) (3,540)
Retained earnings (132,566) (106,165)
Total Village Farms International, Inc. shareholders' equity 275,164 302,625
Non-controlling interest 517 649
Total shareholders' equity 275,681 303,274
Total liabilities, mezzanine equity and shareholders’ equity $ 425,354 $ 466,989