iAnthus Capital Holdings, Inc. Annual report [Section 13 and 15(d), not S-K Item 405]

Acquisitions (Tables)

12 Months Ended

Dec. 31, 2025

The purchase price allocation was subsequently finalized as shown in the table below:


Consideration:
Cash consideration - paid	$	2,000
Common stock - issued		1,167
Additional earn-out consideration		3,127
Fair value of consideration	$	6,294

Estimated fair values of net assets acquired and liabilities assumed:
Cash	$	45
Receivables and prepaid assets		340
Inventory		6
Operating lease right-of-use assets, net		42
Accounts payable		(301	)
Accrued and other current liabilities		(86	)
Intangible assets		4,690
Net assets acquired	$	4,736

Goodwill	$	1,558

The following table summarizes the final adjustments made to the provisional purchase price allocation:


	Preliminary allocation at acquisition		Adjustments			As adjusted
Cash consideration - paid	$	675	$	1,325		$	2,000
Cash consideration - accrued		1,325		(1,325	)		—
Common stock - issued		—		1,167			1,167
Common stock - issuable		1,167		(1,167	)		—
Inventory		106		(100	)		6
Intangible assets		—		4,690			4,690
Goodwill		6,148		(4,590	)		1,558

Tabular disclosure of business combination. Includes, but is not limited to, recognized asset and liability.