iAnthus Capital Holdings, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Revision of Prior Period Financial Statements (Tables)

Revision of Prior Period Financial Statements (Tables)

3 Months Ended

Mar. 31, 2021

The effect of the adjustments on the line items within the Company’s consolidated balance sheet as of December 31, 2020 is as follows:


	December 31, 2020
	As previously reported			Adjustment			As adjusted
Inventories	$	30,292		$	(4,841	)	$	25,451
Current Assets		50,464			(4,841	)		45,623
Total Assets		357,974			(4,841	)		353,133
Accrued and other current liabilities		56,381			(1,328	)		55,053
Current liabilities		233,207			(1,328	)		231,879
Total Liabilities		307,132			(1,328	)		305,804
Accumulated Deficit		(720,629	)		(3,513	)		(724,142	)
Total Shareholders’ Equity		50,842			(3,513	)		47,329
Total Liabilities and Shareholders’ Equity		357,974			(4,841	)		353,133

Summary of Restatement of Statement of Equity

he effect of the adjustments on the line items within the Company’s interim condensed consolidated statements of shareholder’s equity for the three months ended March 31, 2021 is as follow


	March 31, 2021
	As previously reported			Adjustment			As adjusted
Deficit accumulated – Balance January 1, 2021	$	(720,629	)	$	(3,513	)	$	(724,142	)
Shareholders’ equity total – Balance January 1, 2021		50,842			(3,513	)		47,329