Quarterly report pursuant to Section 13 or 15(d)

Financial Instruments (Tables)

v3.24.2.u1
Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2024
Text Block [Abstract]  
Summary of Fair Value Hierarchy of Company's Financial Assets and Financial Liabilities

The following table summarizes the fair value hierarchy for the Company’s financial assets and financial liabilities that are re-measured at their fair values periodically:

 

 

 

As of June 30, 2024

 

As of December 31, 2023

 

 

Level 1

 

Level 2

 

Level 3

 

Total

 

Level 1

 

Level 2

 

Level 3

 

Total

Financial assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Long term investments - other (1)

 

$

47

 

$

 

$

877

 

$

924

 

$

56

 

$

 

$

679

 

$

735

 

(1)
Long-term investments – other are included in the investments balance on the unaudited interim condensed consolidated balance sheets.
Summary of Changes in Level One and Level Three Financial Assets

The following table summarizes the changes in Level 1 and Level 3 financial assets:

 

 

Financial Assets

 

 

 

4Front Venture Corp.

 

 

The Pharm Stand, LLC

 

 

Island Thyme, LLC

 

 

 

 

 

 

 

 

 

 

Balance as of December 31, 2023

 

$

56

 

$

 

$

679

Additions

 

 

 

 

125

 

 

195

Revaluations

 

 

(9)

 

 

 

 

Loss on equity method investments

 

 

 

 

 

 

(122)

Balance as of June 30, 2024

 

$

47

 

$

125

 

$

752

Summary of Long-term Debt Instruments at Carrying Value and Fair Value

The following table summarizes the Company’s long-term debt instruments (Note 4) at their carrying value and fair value:

 

 

As of June 30, 2024

 

As of December 31, 2023

 

 

Carrying Value

 

Fair Value

 

Carrying Value

 

Fair Value

June Unsecured Debentures

 

$

20,269

 

$

18,473

 

$

18,856

 

$

17,301

June Secured Debentures

 

 

137,337

 

 

124,457

 

 

130,103

 

 

118,118

Secured Notes

 

 

14,607

 

 

14,804

 

 

15,565

 

 

15,414

Other

 

 

725

 

 

732

 

 

752

 

 

772

Total

 

$

172,938

 

$

158,466

 

$

165,276

 

$

151,605