None
SEDAR Interim Financial Statements
XTRX · Price
[
{
"companyName": "Adastra Holdings Ltd.",
"reportingPeriodEnd": "2025-09-30",
"reportStatus": "Unaudited",
"auditorName": null,
"auditorKeyMatters": [],
"balanceSheet": {
"cash": 786599,
"amountsReceivable": 1751786,
"prepaidExpensesAndDeposits": 183394,
"inventory": 3727043,
"incomeTaxReceivable": 21772,
"totalCurrentAssets": 6470594,
"longTermDeposits": 1662000,
"propertyAndEquipment": 7875917,
"totalAssets": 16008511,
"accountsPayableAndAccruedLiabilities": 13384376,
"currentPortionOfLeaseLiability": 7043,
"governmentLoan": 49815,
"currentPortionOfMortgagePayable": 3496917,
"totalCurrentLiabilities": 16938151,
"leaseLiability": 17616,
"mortgagePayable": 0,
"totalLiabilities": 16955767,
"shareCapital": 29964446,
"reserves": 6474732,
"deficit": -37386430,
"totalShareholdersEquity": -947254,
"totalLiabilitiesAndShareholdersEquity": 16008511,
"cashPerShare": 0.1405,
"workingCapitalPerShare": -1.8699
},
"incomeStatement": {
"revenue": 21248150,
"exciseTaxes": -9123582,
"netRevenue": 12124568,
"costOfSales": -8115086,
"grossProfit": 4009482,
"generalAndAdministrative": 2854393,
"salesAndMarketing": 2660749,
"depreciationAndAmortization": 103579,
"provisionForExpectedCreditLosses": 4091,
"totalOperatingExpenses": 5622813,
"lossFromOperations": -1613330,
"interestExpense": -788281,
"gainOnSettlementOfAccountsPayable": 16543,
"lossBeforeIncomeTaxes": -2396988,
"incomeTaxExpense": 0,
"netLossAndComprehensiveLoss": -2396988,
"basicLossPerShare": -0.43,
"weightedAverageSharesOutstanding": 5597050
},
"cashFlowStatement": {
"netLossAndComprehensiveLoss": -2396988,
"depreciationAndAmortization": 103579,
"interestExpense": 788281,
"provisionForExpectedCreditLosses": 4091,
"gainOnSettlementOfAccountsPayable": -16543,
"changeInAmountsReceivable": 1163203,
"changeInPrepaidExpensesAndDeposits": 288565,
"changeInInventory": 1867266,
"changeInAccountsPayableAndAccruedLiabilities": -1675454,
"cashProvidedByOperatingActivities": 142543,
"purchasesOfPropertyAndEquipment": 546901,
"longTermDeposits": -1150000,
"cashUsedInInvestingActivities": -603099,
"paymentOfMortgageInterest": 26377,
"repaymentOfLeaseLiability": -62762,
"loanRepayment": -22630,
"cashUsedInFinancingActivities": -49570,
"netDecreaseInCash": -510126,
"cashBeginningOfPeriod": 1296727,
"cashEndOfPeriod": 786601
},
"investmentsAndOtherAssets": [
{
"type": "Long-term Deposit",
"description": "Deposits held in trust with the Canadian Revenue Agency for excise bond",
"ownershipPercentage": null,
"value": 1662000,
"notes": ""
},
{
"type": "Subsidiary",
"description": "Adastra Labs Holdings (2019) Ltd.",
"ownershipPercentage": 100,
"value": null,
"notes": "Functional currency: CAD"
},
{
"type": "Subsidiary",
"description": "Adastra Labs Inc.",
"ownershipPercentage": 100,
"value": null,
"notes": "Functional currency: CAD"
},
{
"type": "Subsidiary",
"description": "1178562 B.C. Ltd.",
"ownershipPercentage": 100,
"value": null,
"notes": "Functional currency: CAD"
},
{
"type": "Subsidiary",
"description": "Adastra Brands Inc.",
"ownershipPercentage": 100,
"value": null,
"notes": "Functional currency: CAD"
},
{
"type": "Subsidiary",
"description": "1204581 B.C. Ltd. (Phyto BrandCo)",
"ownershipPercentage": 100,
"value": null,
"notes": "Functional currency: CAD"
}
],
"shareStructure": {
"authorizedShares": "unlimited",
"issuedShares": 5597050,
"classesOfShares": [
"common shares"
],
"warrants": [],
"options": [
{
"number": 3333,
"exercisePrice": 13.5,
"expiryDate": "2026-08-05"
},
{
"number": 30000,
"exercisePrice": 10.6,
"expiryDate": "2026-10-25"
},
{
"number": 6500,
"exercisePrice": 9.5,
"expiryDate": "2026-10-28"
}
],
"rightsConvertibleInstruments": null
},
"managementCompensation": {
"currency": "CAD",
"periods": {
"nineMonthsEndedSeptember30_2025": {
"consultingFees": 0,
"wagesAndSalaries": 0,
"directorsFees": 0,
"total": 0
},
"nineMonthsEndedSeptember30_2024": {
"consultingFees": 85571,
"wagesAndSalaries": 118579,
"directorsFees": 28843,
"total": 232993
}
},
"namedIndividuals": [
{
"name": "Lachlan McLeod",
"title": "CFO, Interim CEO, Corporate Secretary",
"period": "nineMonthsEndedSeptember30_2024",
"components": {
"salary": 118579,
"bonus": 0,
"total": 118579
}
},
{
"name": "Michael Forbes",
"title": "Director, President, CEO",
"period": "nineMonthsEndedSeptember30_2024",
"components": {
"salary": 0,
"bonus": 0,
"total": 85571
}
},
{
"name": "Paul Morgan",
"title": "Director",
"period": "nineMonthsEndedSeptember30_2024",
"components": {
"salary": 0,
"bonus": 0,
"total": 16833
}
},
{
"name": "Smoke Wallin",
"title": null,
"period": "nineMonthsEndedSeptember30_2024",
"components": {
"salary": 0,
"bonus": 0,
"total": 12010
}
}
],
"otherRelatedPartyTransactions": []
},
"subsequentEvents": []
}
]
More from Adastra Holdings Ltd
Oct 16, 2025 · 03:34