Every 10-Q that TERRASCENT CORP (TSNDF) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow TSNDF and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TSNDF filings page.
TerrAscend Corp. reports modest top-line growth but continued losses. For the three months ended June 30, 2026, revenue from continuing operations was $67.1 million versus $65.0 million a year earlier, generating gross profit of $36.3 million and income from operations of $12.1 million. A heavy income tax provision of $11.6 million turned $1.5 million of pre‑tax income from continuing operations into a net continuing loss of $10.1 million. Including discontinued operations, net loss for the quarter was $8.1 million, or $(0.03) per share, compared with a $48.1 million loss, or $(0.17) per share, in the prior‑year quarter.
At June 30, 2026, TerrAscend held $42.0 million in cash and cash equivalents and total assets of $553.7 million against total liabilities of $469.7 million, including $209.7 million of loans payable principal and a $152.5 million liability on uncertain tax positions. Shareholders’ equity was $84.0 million, with an accumulated deficit of $883.0 million and 309.2 million common shares outstanding. The company completed the strategic exit of its Michigan business, deconsolidated those entities, and recorded a $2.4 million gain in discontinued operations, with cumulative restructuring costs of $0.7 million. It expanded its New Jersey footprint via the Union Chill acquisition (total consideration $13.5 million) and issued 21,835 secured convertible debentures maturing in 2031 at an 8.00% coupon and $0.87 conversion price. The FocusGrowth term loan remained the dominant borrowing, with $202.1 million principal outstanding after prepayments, while a share repurchase program continued with 578,500 shares bought back in the first half of 2026.
TerrAscend Corp. filed its Q3 2025 report, showing stable quarterly revenue and continued restructuring. Revenue for the quarter was $65.1 million, essentially flat year over year, with gross profit of $33.9 million and income from operations of $11.1 million. After finance costs and taxes, the company recorded a net loss from continuing operations of $9.9 million, and a total net loss of $24.6 million including discontinued operations tied to its Michigan exit.
Year to date, revenue was $194.4 million versus $201.6 million last year, and the net loss totaled $84.9 million. Cash and cash equivalents rose to $36.5 million from $26.4 million at year-end. The balance sheet reflected total assets of $555.3 million, liabilities of $459.8 million, and shareholders’ equity of $95.5 million. The company upsized its FocusGrowth term loan, with $222.1 million outstanding, and used proceeds to retire the $45.5 million Pelorus loan, recognizing a loss on extinguishment. TerrAscend classified Michigan operations as discontinued, recognized asset impairments, and continued asset sales efforts. Common shares outstanding were 306,967,397 as of September 30, 2025.