Quarterly report pursuant to Section 13 or 15(d)

UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

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UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
REVENUE, NET $ 72,757 $ 47,744 $ 134,645 $ 89,419
COST OF GOODS SOLD (46,089) (26,126) (88,865) (49,060)
GROSS PROFIT 26,668 21,618 45,780 40,359
OPERATING EXPENSES 38,745 26,357 76,458 48,268
LOSS FROM OPERATIONS (12,077) (4,739) (30,678) (7,909)
OTHER INCOME (EXPENSE):        
Interest expense, net (10,947) (6,868) (21,063) (13,703)
Fair value gains on derivatives 42,572 21,098 56,881 11,741
Other, net 228 (487) (70) (3,864)
Total other income (expense), net 31,853 13,743 35,748 (5,826)
INCOME (LOSS) BEFORE PROVISION FOR INCOME TAXES 19,776 9,004 5,070 (13,735)
Provision for income taxes (7,710) (6,368) (12,761) (14,679)
NET INCOME (LOSS) AND COMPREHENSIVE INCOME (LOSS) 12,066 2,636 (7,691) (28,414)
NET INCOME (LOSS) AND COMPREHENSIVE INCOME (LOSS) 12,066 2,636 (7,691) (28,414)
Net loss attributable to non-controlling interests 0 (190) 0 (365)
NET INCOME (LOSS) AND COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO JUSHI SHAREHOLDERS 12,066 2,826 (7,691) (28,049)
NET INCOME (LOSS) AND COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO JUSHI SHAREHOLDERS $ 12,066 $ 2,826 $ (7,691) $ (28,049)
EARNINGS (LOSS) PER SHARE ATTRIBUTABLE TO JUSHI SHAREHOLDERS - BASIC (in dollars per share) $ 0.06 $ 0.02 $ (0.04) $ (0.17)
Weighted average shares outstanding - basic (in shares) 190,870,572 163,512,333 187,147,856 160,426,413
EARNINGS (LOSS) PER SHARE ATTRIBUTABLE TO JUSHI SHAREHOLDERS - DILUTED (in dollars per share) $ (0.15) $ (0.09) $ (0.31) $ (0.20)
Weighted average shares outstanding - diluted (in shares) 205,697,153 196,541,225 208,038,283 194,097,783