XML 41 R34.htm IDEA: XBRL DOCUMENT v3.25.3

Segment and Geographic Information (Tables)

9 Months Ended

Sep. 30, 2025

Segment Reporting [Abstract]

Schedule of Reconciliation of Segment Revenue, Measures of Segments Profit or Loss, and Significant Segment Expenses from Continuing Operations Reconciled to Consolidated Loss Before Income Taxes

The following tables reflect the reconciliation of segment revenue and significant segment expenses from continuing operations reconciled to the consolidated income (loss) from continuing operations before income taxes and equity method investments:

	For the Three Months Ended September 30, 2025
	Produce(4)				Cannabis Canada				Cannabis U.S.				Clean Energy				Cannabis Netherlands				Total
Sales to external customers	$	12,841			$	46,583			$	3,337			$	393			$	3,587			$	66,741
Cost of sales		(10,833	)			(20,628	)			(1,348	)			(66	)			(1,928	)			(34,803	)
Selling, general and administrative expenses		(217	)			(9,140	)			(2,425	)			(22	)			(702	)			(12,506	)
Segment operating income (loss)	$	1,791			$	16,815			$	(436	)		$	305			$	957			$	19,432
Reconciliation of segment operating income (loss) to income from continuing operations before taxes and income from equity method investments(1)
Other expense, net (2)																						(806	)
Other corporate expenses (3)																						(3,093	)
Income from continuing operations before taxes and income from equity method investments																					$	15,533

	For the Three Months Ended September 30, 2024
	Produce				Cannabis Canada				Cannabis U.S.				Clean Energy				Cannabis Netherlands				Total
Sales to external customers	$	14,340			$	36,463			$	3,943			$	192			$	—			$	54,938
Cost of sales		(12,930	)			(26,864	)			(1,443	)			(64	)			—				(41,301	)
Selling, general and administrative expenses		(715	)			(7,983	)			(2,692	)			(1	)			(385	)			(11,776	)
Segment operating income (loss)	$	695			$	1,616			$	(192	)		$	127			$	(385	)		$	1,861
Reconciliation of segment operating income (loss) to loss from continuing operations before taxes and income from equity method investments(1)
Other income, net (2)																						181
Goodwill and intangible asset impairments																						-
Other corporate expenses (3)																						(2,789	)
Loss from continuing operations before taxes and income from equity method investments																					$	(747	)

	For the Nine Months Ended September 30, 2025
	Produce(4)				Cannabis Canada				Cannabis U.S.				Clean Energy				Cannabis Netherlands				Total
Sales to external customers	$	21,442			$	125,938			$	11,082			$	1,302			$	6,556			$	166,320
Cost of sales		(20,277	)			(70,040	)			(4,064	)			(219	)			(3,260	)			(97,860	)
Selling, general and administrative expenses		(1,802	)			(26,506	)			(7,405	)			(23	)			(1,698	)			(37,434	)
Segment operating (loss) income	$	(637	)		$	29,392			$	(387	)		$	1,060			$	1,598			$	31,026
Reconciliation of segment operating income (loss) to income from continuing operations before taxes and income from equity method investments(1)
Other income, net (2)																						4,021
Other corporate expenses (3)																						(8,195	)
Income from continuing operations before taxes and income from equity method investments																					$	26,852

	For the Nine Months Ended September 30, 2024
	Produce				Cannabis Canada				Cannabis U.S.				Clean Energy				Cannabis Netherlands				Total
Sales to external customers	$	22,778			$	114,654			$	12,777			$	313			$	—			$	150,522
Cost of sales		(22,129	)			(84,842	)			(4,953	)			(107	)			—				(112,031	)
Selling, general and administrative expenses		(2,274	)			(24,436	)			(9,058	)			(38	)			(1,089	)			(36,895	)
Segment operating (loss) income	$	(1,625	)		$	5,376			$	(1,234	)		$	168			$	(1,089	)		$	1,596
Reconciliation of segment operating income (loss) to loss from continuing operations before taxes and income from equity method investments(1)
Other expense, net (2)																						(2,238	)
Goodwill and intangible asset impairments																						(11,939	)
Other corporate expenses (3)																						(8,976	)
Loss from continuing operations before taxes and income from equity method investments																					$	(21,557	)

(1)The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM.

(2)Other income (expense), net is comprised of interest expense, interest income, foreign exchange (loss) gain, other income (expense).

(3)Other corporate expenses are comprised of expenses related to centralized corporate functions such as accounting, treasury, information technology, legal, human services, and internal audit expenses.

(4)Beginning May 31, 2025, as set forth in the Sales, Marketing & Distribution Agreement, the Company entered into a multi-year supply agreement with Village Fresh to provide them with all of the produce from our Delta greenhouses, as such, Village Fresh is the produce segment's sole customer.

Summary of Interest Income, Interest Expense, Depreciation and Amortization, Other Significant Non-Cash Items and Expenditures for Capital Assets by Reportable Segment

The following tables summarize our interest income, interest expense, depreciation and amortization, other significant noncash items, and expenditures for capital assets by reportable segment:

	For the Nine Months Ended September 30, 2025
	Produce			Cannabis Canada			Cannabis U.S.			Clean Energy			Cannabis Netherlands			Segment Totals			Corporate			Consolidated Totals
Interest income		1			243			—			—			—			244			300			544
Interest expense		1,270			892			—			—			—			2,162			—			2,162
Depreciation and amortization		3,086			8,231			145			—			1,003			12,465			107			12,572
Share based compensation		26			290			72			—			3			391			891			1,282
Other significant noncash items:
Non-cash lease expense		51			63			627			—			—			740			—			740
Expenditures for segment assets		708			1,943			10			—			4,456			7,117			—			7,117

	For the Nine Months Ended September 30, 2024
	Produce			Cannabis Canada			Cannabis U.S.			Clean Energy			Cannabis Netherlands			Segment Totals			Corporate			Consolidated Totals
Interest income		3			355			—			—			—			358			399			757
Interest expense		1,700			878			—			16			—			2,594			—			2,594
Depreciation and amortization		2,456			9,221			154			—			951			12,782			152			12,934
Share based compensation		—			126			66			—			—			192			3,284			3,476
Other significant noncash items:
Non-cash lease expense		98			65			430			—			—			593			—			593
Expenditures for segment assets		792			191			35			—			4,509			5,527			—			5,527

Summary of Total Assets by Reportable Segment

The following tables summarize our total assets by reportable segment:

		September 30, 2025				December 31, 2024
Assets
Produce		$	54,730			$	51,983
Cannabis - Canada			289,979				266,433
Cannabis - United States			5,530				6,728
Clean Energy			736				360
Cannabis - Netherlands			19,459				11,093
Total assets for reportable segments		$	370,434			$	336,597
Corporate			47,950				7,360
Consolidated total assets from continuing operations		$	418,384			$	343,957

Summary of Assets by Geographic Location

The Company’s primary operations are in the United States, Canada, and the Netherlands. The following tables summarizes our assets by geographic location:

Total assets from continuing operations		September 30, 2025				December 31, 2024
United States		$	38,121			$	46,922
Canada			360,804				285,942
Netherlands			19,459				11,093
		$	418,384			$	343,957
Long-lived assets from continuing operations		September 30, 2025				December 31, 2024
United States		$	29,623			$	26,930
Canada			216,144				216,061
Netherlands			15,992				9,866
		$	261,759			$	252,857

X

- Definition

Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-41

+ Details

Name:	us-gaap_LongLivedAssetsByGeographicAreasTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration