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

Annual report [Section 13 and 15(d), not S-K Item 405]

Massachusetts Lease Liability (Tables)

Massachusetts Lease Liability (Tables)

12 Months Ended

Dec. 31, 2024

Lessee, Lease, Description [Line Items]

Schedule of future minimum lease payments

Future minimum lease payments under the Company’s non-cancellable leases as of December 31, 2024 are as follows:


Year ending December 31,	Finance		Operating
2025	$	1,343	$	2,490
2026		926		2,553
2027		916		2,618
2028		310		2,637
2029		69		2,550
Thereafter		—		23,113
Total undiscounted lease liabilities		3,564		35,961
Interest on lease liabilities		(396)		(23,146)
Total present value of minimum lease payments		3,168		12,815
Lease liability - current portion		(1,146)		(120)
Lease liability	$	2,022	$	12,695

Taunton Facility

Lessee, Lease, Description [Line Items]

Schedule of future minimum lease payments

As of December 31, 2024, the Massachusetts Lease Liability had a balance of $41,556. Future minimum lease payments for the Massachusetts Lease Liability as of December 31, 2024 are as follows:


Year ending December 31,	Amount
2025	$	4,581
2026		4,695
2027		4,813
2028		4,933
2029		5,056
2030 and thereafter		152,865
Total future payments		176,943
Less: Interest		(143,099)
Total present value of minimum payments		33,844
Add: Estimated ending residual value		7,712
Total	$	41,556