Cronos Group Inc.
For the period ended Sep 30, 2026. Filed Nov 5, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 5, 2026
CRON$3.41-3.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows
| Cronos Group Inc. | |
|---|---|
| Condensed Consolidated Statements of Cash Flows | |
| (In thousands of U.S. dollars, except share amounts, unaudited) | Table of Contents |
| Nine months ended September 30, | ||
|---|---|---|
| 2026 | 2025 | |
| Operating activities | ||
| Net income (loss) | $69,200 | $(2,438) |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||
| Share-based compensation | 5,180 | 5,802 |
| Depreciation and amortization | 11,812 | 10,574 |
| Impairment loss on long-lived assets | — | 36 |
| (Gain) loss from investments | 2,181 | (3,482) |
| Changes in expected credit losses | 438 | 4,766 |
| Loss on held-for-sale assets | — | 5,532 |
| Inventory step-up recorded to cost of sales | — | 517 |
| Foreign currency (gain) loss | (33,688) | 18,170 |
| Other non-cash operating activities, net | (167) | 2,367 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable, net | (10,800) | (10,510) |
| Interest receivable | (841) | 2,095 |
| Current income tax receivable | 12,127 | 1,609 |
| Other receivables | 827 | (668) |
| Prepaids and other current assets | 1,912 | (2,348) |
| Inventory, net | (8,916) | (13,025) |
| Accounts payable | 4,443 | (1,227) |
| Income taxes payable | 6,075 | (9) |
| Accrued liabilities | 9,461 | (3,730) |
| Net cash provided by operating activities | 69,244 | 14,031 |
| Investing activities | ||
| Purchase of short-term investments | (330,000) | (40,000) |
| Proceeds from short-term investments | 40,000 | — |
| Purchase of non-current interest-bearing deposits | (95,700) | — |
| Purchase of other investments | — | (5,107) |
| Advances on loans receivable | — | (13,307) |
| Proceeds from repayment on loans receivable | 3,480 | 2,855 |
| Purchase of property, plant and equipment | (13,563) | (23,578) |
| Purchase of intangible assets | (139) | (204) |
| Net cash used in investing activities | (395,922) | (79,341) |
| Financing activities | ||
| Repurchases of common stock | (42,268) | (5,471) |
| Dividend paid to non-controlling interest | (3,698) | (3,858) |
| Withholding taxes paid on share-based awards | (2,025) | (3,153) |
| Other financing activities, net | (577) | — |
| Net cash used in financing activities | (48,568) | (12,482) |
| Effect of foreign currency translation on cash and cash equivalents and restricted cash | (1,531) | 3,157 |
| Net change in cash and cash equivalents and restricted cash | (376,777) | (74,635) |
| Cash and cash equivalents and restricted cash, beginning of period | 791,794 | 858,805 |
| Cash and cash equivalents and restricted cash, end of period | $415,017 | $784,170 |
| Supplemental cash flow information | ||
| Interest paid | $215 | $— |
| Interest received | $26,835 | $32,148 |
| Income taxes paid | $22 | $68 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.