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CONDENSED CONSOLIDATED INTERIM BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash $ 6,032 $ 22,581
Accounts receivable, net 5,844 1,946
Other receivables 33 289
Current portion of lease receivables 3,405 3,630
Inventory 28,837 20,087
Current portion of notes receivable 0 109
Prepaid expenses 2,974 2,232
Total current assets 47,125 50,874
Property, plant, and equipment, net 58,967 42,633
Lease receivables 6,541 6,748
Intangible assets, net 54,239 26,246
Goodwill 42,037 23,155
Right-of-use assets 106,406 100,519
Deposits 5,142 5,364
TOTAL ASSETS 320,457 255,539
Current liabilities:    
Accounts payable 6,391 2,131
Accrued expenses and other current liabilities 13,031 9,411
Taxes payable 29,651 23,968
Derivative liability 428 3,502
Current portion of contract liabilities 1,535 0
Current portion of convertible notes 0 2,784
Current portion of lease liability 4,121 3,629
Current portion of notes payable and accrued interest 8,235 3,413
Total current liabilities 63,392 48,838
Convertible notes 15,205 14,641
Notes payable and accrued interest from related party 49,366 48,266
Long term notes payable 10,128 1,709
Long term accounts payable 1,200 1,200
Contract liabilities 2,000 0
Contingent consideration payable 0 2,393
Construction finance liability 16,000 0
Deferred tax liability 6,884 7,849
Lease liability 101,380 93,111
TOTAL LIABILITIES 265,555 218,007
SHAREHOLDERS' EQUITY    
Equity attributable to 4Front Ventures Corp. 302,502 274,120
Additional paid-in capital 53,625 52,197
Deficit (301,307) (288,857)
Non-controlling interest 82 72
TOTAL SHAREHOLDERS' EQUITY 54,902 37,532
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 320,457 $ 255,539