SEDAR Interim Financial Statements

```json [ { "companyName": "AURORA CANNABIS INC.", "balanceSheet": { "december31_2025": { "cashAndCashEquivalents": 56363, "restrictedCash": 45987, "shortTermInvestments": 52087, "accountsReceivable": 44186, "biologicalAssets": 46710, "inventory": 183850, "prepaidsAndOtherCurrentAssets": 14918, "assetsHeldForSale": 1735, "totalCurrentAssets": 445836, "propertyPlantAndEquipment": 259110, "depositsAndOtherLongTermAssets": 4809, "leaseReceivable": 4077, "intangibleAssets": 35664, "goodwill": 25639, "deferredTaxAssets": 157, "totalAssets": 775292, "accountsPayableAndAccruedLiabilities": 68026, "incomeTaxesPayable": 6424, "deferredRevenue": 1914, "loansAndBorrowingsCurrentPortion": 61775, "leaseLiabilitiesCurrentPortion": 6021, "provisions": 1775, "totalCurrentLiabilities": 145935, "loansAndBorrowings": 0, "leaseLiabilities": 33199, "derivativeLiabilities": 4921, "otherLongTermLiabilities": 19931, "deferredTaxLiabilities": 3480, "totalLiabilities": 207466, "shareCapital": 6997098, "contributedSurplus": 158740, "accumulatedOtherComprehensiveIncomeLoss": -215034, "retainedEarningsDeficit": -6404444, "equityAttributableToShareholders": 536360, "nonControllingInterests": 31466, "totalShareholdersEquity": 567826, "totalLiabilitiesAndShareholdersEquity": 775292, "cashPerShare": null, "workingCapitalPerShare": null }, "march31_2025": { "cashAndCashEquivalents": 137921, "restrictedCash": 47407, "shortTermInvestments": 0, "accountsReceivable": 42470, "biologicalAssets": 51168, "inventory": 187925, "prepaidsAndOtherCurrentAssets": 11215, "assetsHeldForSale": 222, "totalCurrentAssets": 478328, "propertyPlantAndEquipment": 268107, "depositsAndOtherLongTermAssets": 7722, "leaseReceivable": 5256, "intangibleAssets": 45163, "goodwill": 43871, "deferredTaxAssets": 4219, "totalAssets": 852666, "accountsPayableAndAccruedLiabilities": 73605, "incomeTaxesPayable": 7601, "deferredRevenue": 1074, "loansAndBorrowingsCurrentPortion": 21513, "leaseLiabilitiesCurrentPortion": 5381, "provisions": 1689, "totalCurrentLiabilities": 110863, "loansAndBorrowings": 40194, "leaseLiabilities": 37495, "derivativeLiabilities": 5531, "otherLongTermLiabilities": 48095, "deferredTaxLiabilities": 1897, "totalLiabilities": 244075, "shareCapital": 6991154, "contributedSurplus": 158970, "accumulatedOtherComprehensiveIncomeLoss": -215208, "retainedEarningsDeficit": -6367745, "equityAttributableToShareholders": 567171, "nonControllingInterests": 41420, "totalShareholdersEquity": 608591, "totalLiabilitiesAndShareholdersEquity": 852666, "cashPerShare": null, "workingCapitalPerShare": null } }, "incomeStatement": { "threeMonthsEndedDecember31_2025": { "revenue": 99173, "exciseTaxes": -4982, "netRevenue": 94191, "costOfSales": 48023, "grossProfitBeforeFairValueAdjustments": 46168, "lossOnChangesInFairValueOfInventoryAndBiologicalAssetsSold": 37964, "gainOnChangesInFairValueOfBiologicalAssets": -38416, "grossProfit": 46620, "generalAndAdministration": 25756, "salesAndMarketing": 14864, "businessDevelopmentCosts": 442, "researchAndDevelopment": 1303, "depreciationAndAmortization": 2622, "shareBasedCompensation": -551, "totalExpenses": 44436, "interestAndOtherIncome": 991, "financeAndOtherCosts": -2106, "foreignExchangeGainLoss": -1945, "otherGainsLosses": -703, "impairmentOfPropertyPlantAndEquipment": 0, "impairmentOfIntangibleAssetsAndGoodwill": 0, "totalOtherIncomeExpenses": -3763, "incomeLossBeforeIncomeTaxRecoveryExpense": -1579, "incomeTaxRecoveryExpenseCurrent": -184, "incomeTaxRecoveryExpenseDeferredNet": 20, "totalIncomeTaxRecoveryExpense": -164, "netIncomeLossFromContinuingOperations": -1743, "netIncomeLossFromDiscontinuedOperationsNetOfTax": -160, "netIncomeLoss": -1903, "weightedAverageSharesOutstandingBasic": 56700794 }, "threeMonthsEndedDecember31_2024": { "revenue": 95978, "exciseTaxes": -7780, "netRevenue": 88198, "costOfSales": 44876, "grossProfitBeforeFairValueAdjustments": 43322, "lossOnChangesInFairValueOfInventoryAndBiologicalAssetsSold": 38029, "gainOnChangesInFairValueOfBiologicalAssets": -69644, "grossProfit": 74937, "generalAndAdministration": 23687, "salesAndMarketing": 13077, "businessDevelopmentCosts": 819, "researchAndDevelopment": 929, "depreciationAndAmortization": 2214, "shareBasedCompensation": 1657, "totalExpenses": 42383, "interestAndOtherIncome": 2601, "financeAndOtherCosts": -1976, "foreignExchangeGainLoss": 3111, "otherGainsLosses": -7990, "impairmentOfPropertyPlantAndEquipment": -567, "impairmentOfIntangibleAssetsAndGoodwill": 0, "totalOtherIncomeExpenses": -4821, "incomeLossBeforeIncomeTaxRecoveryExpense": 27733, "incomeTaxRecoveryExpenseCurrent": -845, "incomeTaxRecoveryExpenseDeferredNet": 1222, "totalIncomeTaxRecoveryExpense": 377, "netIncomeLossFromContinuingOperations": 28110, "netIncomeLossFromDiscontinuedOperationsNetOfTax": 115, "netIncomeLoss": 28225, "weightedAverageSharesOutstandingBasic": 54877295 }, "nineMonthsEndedDecember31_2025": { "revenue": 299919, "exciseTaxes": -17339, "netRevenue": 282580, "costOfSales": 164815, "grossProfitBeforeFairValueAdjustments": 117765, "lossOnChangesInFairValueOfInventoryAndBiologicalAssetsSold": 115372, "gainOnChangesInFairValueOfBiologicalAssets": -104469, "grossProfit": 106862, "generalAndAdministration": 81848, "salesAndMarketing": 43648, "businessDevelopmentCosts": 1124, "researchAndDevelopment": 3036, "depreciationAndAmortization": 7234, "shareBasedCompensation": 6604, "totalExpenses": 143494, "interestAndOtherIncome": 4807, "financeAndOtherCosts": -6103, "foreignExchangeGainLoss": 1649, "otherGainsLosses": 767, "impairmentOfPropertyPlantAndEquipment": -525, "impairmentOfIntangibleAssetsAndGoodwill": -31901, "totalOtherIncomeExpenses": -31306, "incomeLossBeforeIncomeTaxRecoveryExpense": -67938, "incomeTaxRecoveryExpenseCurrent": -553, "incomeTaxRecoveryExpenseDeferredNet": -5798, "totalIncomeTaxRecoveryExpense": -6351, "netIncomeLossFromContinuingOperations": -74289, "netIncomeLossFromDiscontinuedOperationsNetOfTax": -528, "netIncomeLoss": -74817, "weightedAverageSharesOutstandingBasic": 56467927 }, "nineMonthsEndedDecember31_2024": { "revenue": 276948, "exciseTaxes": -24193, "netRevenue": 252755, "costOfSales": 141719, "grossProfitBeforeFairValueAdjustments": 111036, "lossOnChangesInFairValueOfInventoryAndBiologicalAssetsSold": 107104, "gainOnChangesInFairValueOfBiologicalAssets": -156112, "grossProfit": 160044, "generalAndAdministration": 68705, "salesAndMarketing": 40822, "businessDevelopmentCosts": 2811, "researchAndDevelopment": 2891, "depreciationAndAmortization": 6694, "shareBasedCompensation": 9144, "totalExpenses": 131067, "interestAndOtherIncome": 8915, "financeAndOtherCosts": -5902, "foreignExchangeGainLoss": 7070, "otherGainsLosses": -4443, "impairmentOfPropertyPlantAndEquipment": -696, "impairmentOfIntangibleAssetsAndGoodwill": 0, "totalOtherIncomeExpenses": 4944, "incomeLossBeforeIncomeTaxRecoveryExpense": 33921, "incomeTaxRecoveryExpenseCurrent": -2630, "incomeTaxRecoveryExpenseDeferredNet": 1704, "totalIncomeTaxRecoveryExpense": -926, "netIncomeLossFromContinuingOperations": 32995, "netIncomeLossFromDiscontinuedOperationsNetOfTax": -14221, "netIncomeLoss": 18774, "weightedAverageSharesOutstandingBasic": 54704625 } }, "cashFlowStatement": { "nineMonthsEndedDecember31_2025": { "netIncomeLossFromContinuingOperations": -74289, "adjustmentsForNonCashItems": { "unrealizedGainOnChangesInFairValueOfBiologicalAssets": -104469, "changesInFairValueOfInventoryAndBiologicalAssetsSold": 115372, "depreciationOfPropertyPlantAndEquipment": 18112, "amortizationOfIntangibleAssets": 697, "shareBasedCompensation": 6604, "impairmentOfPropertyPlantAndEquipment": 525, "impairmentOfIntangibleAssetsAndGoodwill": 31901, "netInterestAccrualAndAccretion": 241, "interestAndOtherIncome": -17, "deferredTaxRecoveryExpense": 4987, "otherGainsLosses": -1070, "foreignExchangeGainLoss": -1674, "deferredCompensationAmortization": 2854 }, "cashProvidedByUsedInOperatingActivitiesFromContinuingOperationsBeforeChangesInNonCashWorkingCapital": -226, "changesInNonCashWorkingCapital": -12981, "netCashProvidedByUsedInOperatingActivitiesFromContinuingOperations": -13207, "netCashUsedInOperatingActivitiesFromDiscontinuedOperations": -74, "netCashProvidedByUsedInOperatingActivities": -13281, "purchaseOfShortTermInvestments": -52087, "proceedsFromDisposalOfMarketableSecurities": 0, "purchaseOfPropertyPlantAndEquipmentAndIntangibleAssets": -17371, "proceedsFromDisposalOfPropertyPlantAndEquipmentAndAssetsHeldForSale": 1342, "changesInRestrictedCash": 816, "cashProvidedByUsedInInvestingActivitiesFromContinuingOperations": -67300, "netCashProvidedByUsedInInvestingActivitiesFromDiscontinuedOperations": 0, "netCashProvidedByUsedInInvestingActivities": -67300, "proceedsFromLoansAndBorrowings": 3014, "repaymentOfLoansAndBorrowings": -3051, "netPrincipalPaymentsOfLeaseLiabilities": -4237, "proceedsFromStockOptionExercise": 587, "cashProvidedByUsedInFinancingActivitiesFromContinuingOperations": -3687, "netCashProvidedByUsedInFinancingActivitiesFromDiscontinuedOperations": 0, "netCashProvidedByUsedInFinancingActivities": -3687, "effectOfForeignExchangeOnCashAndCashEquivalents": 2710, "increaseDecreaseInCashAndCashEquivalents": -81558, "cashAndCashEquivalentsBeginningOfPeriod": 137921, "cashAndCashEquivalentsEndOfPeriod": 56363 }, "nineMonthsEndedDecember31_2024": { "netIncomeLossFromContinuingOperations": 32995, "adjustmentsForNonCashItems": { "unrealizedGainOnChangesInFairValueOfBiologicalAssets": -156112, "changesInFairValueOfInventoryAndBiologicalAssetsSold": 107104, "depreciationOfPropertyPlantAndEquipment": 16110, "amortizationOfIntangibleAssets": 484, "shareBasedCompensation": 9144, "impairmentOfPropertyPlantAndEquipment": 696, "impairmentOfIntangibleAssetsAndGoodwill": 0, "netInterestAccrualAndAccretion": 1911, "interestAndOtherIncome": 0, "deferredTaxRecoveryExpense": -1651, "otherGainsLosses": 4442, "foreignExchangeGainLoss": -7070, "deferredCompensationAmortization": 2871 }, "cashProvidedByUsedInOperatingActivitiesFromContinuingOperationsBeforeChangesInNonCashWorkingCapital": 10924, "changesInNonCashWorkingCapital": 3263, "netCashProvidedByUsedInOperatingActivitiesFromContinuingOperations": 14187, "netCashUsedInOperatingActivitiesFromDiscontinuedOperations": -1864, "netCashProvidedByUsedInOperatingActivities": 12323, "purchaseOfShortTermInvestments": 0, "proceedsFromDisposalOfMarketableSecurities": 5488, "purchaseOfPropertyPlantAndEquipmentAndIntangibleAssets": -14554, "proceedsFromDisposalOfPropertyPlantAndEquipmentAndAssetsHeldForSale": 1738, "changesInRestrictedCash": -4426, "cashProvidedByUsedInInvestingActivitiesFromContinuingOperations": -11754, "netCashProvidedByUsedInInvestingActivitiesFromDiscontinuedOperations": 1292, "netCashProvidedByUsedInInvestingActivities": -10462, "proceedsFromLoansAndBorrowings": 7353, "repaymentOfLoansAndBorrowings": -6690, "netPrincipalPaymentsOfLeaseLiabilities": -3843, "proceedsFromStockOptionExercise": 181, "cashProvidedByUsedInFinancingActivitiesFromContinuingOperations": -2999, "netCashProvidedByUsedInFinancingActivitiesFromDiscontinuedOperations": -131, "netCashProvidedByUsedInFinancingActivities": -3130, "effectOfForeignExchangeOnCashAndCashEquivalents": -2201, "increaseDecreaseInCashAndCashEquivalents": -3470, "cashAndCashEquivalentsBeginningOfPeriod": 136095, "cashAndCashEquivalentsEndOfPeriod": 132625 } }, "investmentsAndOtherAssets": [ { "type": "Investment in Subsidiary", "description": "50.1% controlling interest in Bevo Agtech Inc. (Bevo), the sole parent of Bevo Farms Ltd., a key supplier of propagated vegetables and ornamental plants in North America.", "value": null, "notes": "Controlling interest; results consolidated." }, { "type": "Intangible Assets", "description": "Includes goodwill and other intangible assets from acquisitions (e.g., MRA, Bevo).", "value": 61303, "notes": "Goodwill: $25.6M; Intangible assets: $35.7M as at Dec 31, 2025." }, { "type": "Biological Assets", "description": "Cannabis plants and propagation plants (vegetables, ornamentals) measured at fair value less costs to sell.", "value": 46710, "notes": "Indoor cannabis: $19.7M; Plant propagation: $27.0M as at Dec 31, 2025." }, { "type": "Short-term Investments", "description": "Highly liquid investments in funds composed of high-grade fixed rate or floating