Quarterly report pursuant to Section 13 or 15(d)

EARNINGS (LOSS) PER SHARE (Tables)

v3.23.1
EARNINGS (LOSS) PER SHARE (Tables)
 3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
The reconciliations of the net income (loss) and the weighted average number of shares used in the computations of basic and diluted earnings (loss) per share attributable to Jushi shareholders are as follows:
Three Months Ended March 31,
2023 2022
Numerator:
Net loss and comprehensive loss attributable to Jushi shareholders $ (12,440) $ (19,757)
Dilutive effect of net income from derivative warrants liability —  (14,309)
Net loss and comprehensive loss attributable to Jushi shareholders - diluted $ (12,440) $ (34,066)
Denominator:
Weighted-average shares of common stock - basic 194,050,835  183,226,027 
Dilutive effect of derivative warrants —  24,612,879 
Weighted-average shares of common stock - diluted 194,050,835  207,838,906 
Net loss per common share attributable to Jushi:
Basic $ (0.06) $ (0.11)
Diluted $ (0.06) $ (0.16)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following table summarizes weighted average instruments that may, in the future, have a dilutive effect on earnings (loss) per share, but were excluded from consideration in the computation of diluted net loss per share for the three months ended March 31, 2023 and 2022, because the impact of including them would have been anti-dilutive:
March 31,
2023 2022
Stock options 28,615,308  20,615,601 
Warrants (derivative liabilities and equity) 85,989,948  29,472,725 
Unvested restricted stock awards 1,120,815  2,636,282 
Convertible promissory notes —  910,000 
115,726,071  53,634,608