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v3.25.1

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2025 | Mar. 31, 2024
Cash flows provided by (used in) operating activities: |  |
Loss including non-controlling interests | $ (7,115) | $ (2,679)
Adjustments to reconcile net loss attributable to Village Farms International, Inc. shareholders to net cash provided by (used in) operating activities: |  |
Depreciation and amortization | 4,973 | 4,558
Amortization of deferred charges |  | 10
Interest expense | 706 | 917
Interest paid on long-term debt | (794) | (1,062)
Unrealized foreign exchange loss | 49 | 130
Non-cash lease expense | 532 | 631
Share-based compensation | 145 | 405
Deferred income taxes | (663) | 330
Changes in non-cash working capital items | (4,209) | (3,290)
Net cash used in operating activities | (6,376) | (50)
Cash flows used in investing activities: |  |
Purchases of property, plant and equipment | (2,539) | (1,876)
Issuance of note receivable | (300) |
Net cash used in investing activities | (2,839) | (1,876)
Cash flows provided by (used in) financing activities: |  |
Proceeds from borrowings | 1,000 |
Repayments on borrowings | (1,384) | (1,442)
Net cash used in financing activities | (384) | (1,442)
Effect of exchange rate changes on cash and cash equivalents | 93 | (238)
Net decrease in cash, cash equivalents and restricted cash | (9,506) | (3,606)
Cash, cash equivalents and restricted cash, beginning of period | 24,631 | 35,291
Cash, cash equivalents and restricted cash, end of period | $ 15,125 | $ 31,685

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