Annual report pursuant to Section 13 and 15(d)

EARNINGS (LOSS) PER SHARE (Tables)

v3.24.1
EARNINGS (LOSS) PER SHARE (Tables)
 12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
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:
Year Ended December 31,
2023 2022 2021
Numerator:
Net income (loss) and comprehensive income (loss) attributable to Jushi shareholders
 $ (65,102) $ (202,324) $ 20,251 
Dilutive effect of net income from derivative warrants —  (91,887) (104,594)
Net income (loss) and comprehensive loss attributable to Jushi shareholders - diluted
 $ (65,102) $ (294,211) $ (84,343)
Denominator:
Weighted-average shares of common stock - basic 194,770,212  190,021,550  170,292,035 
Dilutive effect of derivative warrants —  14,213,882  31,318,216 
Weighted-average shares of common stock - diluted 194,770,212  204,235,432  201,610,251 
Earnings (loss) per share - basic
 $ (0.33) $ (1.06) $ 0.12 
Earnings (loss) per share - diluted
 $ (0.33) $ (1.44) $ (0.42)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following table summarizes equity 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 earnings (loss) per share for the years ended December 31, 2023, 2022 and 2021 because the impact of including them would have been anti-dilutive:
As of December 31,
2023 2022 2021
Stock options 28,783,139  30,752,259  20,429,120 
Warrants (derivative liabilities and equity)
 85,575,031  30,673,635  29,156,048 
Unvested restricted stock awards 368,711  1,156,319  2,859,151 
Convertible promissory notes —  —  910,000 
114,726,881  62,582,213  53,354,319