Canopy Growth Corp
For the period ended Dec 31, 2023. Filed Feb 9, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 31, 2023 · Filed Feb 9, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Interim Consolidated Balance Sheets
(in thousands of Canadian dollars, except number of shares and per share data, unaudited)
| December 31, 2023 | March 31,2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $142,745 | $667,693 |
| Short-term investments | 43,436 | 105,526 |
| Restricted short-term investments | 7,275 | 11,765 |
| Amounts receivable, net | 63,924 | 68,459 |
| Inventory | 86,917 | 83,230 |
| Assets of discontinued operations | 29,401 | 116,291 |
| Prepaid expenses and other assets | 23,582 | 24,290 |
| Total current assets | 397,280 | 1,077,254 |
| Other financial assets | 392,324 | 568,292 |
| Property, plant and equipment | 340,479 | 471,271 |
| Intangible assets | 119,072 | 160,750 |
| Goodwill | 85,237 | 85,563 |
| Noncurrent assets of discontinued operations | - | 56,569 |
| Other assets | 25,359 | 19,996 |
| Total assets | $1,359,751 | $2,439,695 |
| LIABILITIES AND SHAREHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $25,837 | $31,835 |
| Other accrued expenses and liabilities | 49,775 | 53,743 |
| Current portion of long-term debt and convertible debentures | 91,336 | 556,890 |
| Liabilities of discontinued operations | - | 67,624 |
| Other liabilities | 54,397 | 93,750 |
| Total current liabilities | 221,345 | 803,842 |
| Long-term debt | 520,738 | 749,991 |
| Noncurrent liabilities of discontinued operations | - | 3,417 |
| Other liabilities | 73,005 | 122,423 |
| Total liabilities | 815,088 | 1,679,673 |
| Commitments and contingencies | ||
| Canopy Growth Corporation shareholders' equity: | ||
| Common shares - $nil par value; Authorized - unlimited number of shares; Issued and outstanding - 82,931,963 shares and 51,730,555 shares, respectively1 | 8,219,747 | 7,938,571 |
| Additional paid-in capital | 2,578,519 | 2,506,485 |
| Accumulated other comprehensive loss | (16,049) | (13,860) |
| Deficit | (10,237,693) | (9,672,761) |
| Total Canopy Growth Corporation shareholders' equity | 544,524 | 758,435 |
| Noncontrolling interests | 139 | 1,587 |
| Total shareholders' equity | 544,663 | 760,022 |
| Total liabilities and shareholders' equity | $1,359,751 | $2,439,695 |
1 Prior year share amounts have been retrospectively adjusted to reflect the Share Consolidation (as defined below), which became effective on December 15, 2023. See Note 2 for details.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.