iAnthus Capital Holdings, Inc. Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Unaudited Interim Condensed Consolidated Statements of Cash Flows Supplemental Information

Unaudited Interim Condensed Consolidated Statements of Cash Flows Supplemental Information

6 Months Ended

Jun. 30, 2026

Supplemental Cash Flow Elements [Abstract]

Unaudited Interim Condensed Consolidated Statements of Cash Flows Supplemental Information

Note 13 – Unaudited Interim Condensed Consolidated Statements of Cash Flows Supplemental Information

(a) Cash payments made on account of:


	Six Months Ended June 30,
	2026		2025
Income taxes (including interest and penalties)	$	2,365	$	4,551
Interest		502		865

(b) Changes in operating assets and liabilities are comprised of the following:


	Six Months Ended June 30,
	2026		2025
Decrease (increase) in:
Accounts receivables, net	$	969	$	5,664
Prepaid expenses		767		(168)
Inventories, net		(3,986)		(4,115)
Other current assets		244		(1,221)
Other long-term assets		245		1,260
Operating leases		(991)		(810)
(Decrease) increase in:
Accounts payable		(6,962)		2,067
Accrued and other current liabilities		5,820		(2,384)
Other non-current liabilities		813		3,689
Uncertain tax position liabilities		12,154		5,947
	$	9,072	$	9,929


	Six Months Ended June 30,
	2026		2025
Property, plant and equipment	$	3,813	$	3,498
Operating lease ROU assets		1,116		1,010
Intangible assets		4,452		4,801
	$	9,381	$	9,309

(d) Write-downs, (recoveries), and other charges, net are comprised of the following:


	Six Months Ended June 30,
	2026		2025

Accounts receivable	$	(7)	$	112
Notes receivable		500		1,362
Operating lease ROU assets		(50)		—
Property, plant and equipment		—		7
	$	443	$	1,481

(e) Significant non-cash investing and financing activities are as follows:


	Six Months Ended June 30,
	2026		2025
Supplemental Cash Flow Information:
Non-cash consideration for paid-in-kind interest	$	7,803	$	7,201
Non-cash issuance of shares for the Cheetah Acquisition		—		250

Cash and Restricted Cash

For purposes of the unaudited interim condensed consolidated balance sheets and the statements of cash flows, cash and restricted cash are held primarily in U.S. dollars.

Restricted cash balances are those which meet the definition of cash and cash equivalents but are not available for use by the Company. As of June 30, 2026, the Company held $0.2 million as restricted cash (December 31, 2025— $0.2 million).

The following table provides a reconciliation of cash and restricted cash reported on the unaudited interim condensed consolidated balance sheets to such amounts presented in the statements of cash flows:



	June 30, 2026		December 31, 2025
Cash	$	8,038	$	11,650
Restricted cash		236		220
Total cash and restricted cash presented in the statements of cash flows	$	8,274	$	11,870