$LOWLF
Lowell Farms Inc. Stock $lowlf

$lowlf Overview Financials Valuation SEC Filings Company Website

2021 Q2 Form 10-Q Financial Statement

#000165495421009104 Filed on August 16, 2021

Income Statement

Concept	2021 Q2	2021 Q1	2020 Q4
Revenue	$15.16M	$11.03M	$9.151M
YoY Change	53.19%	16.78%	-15.29%
Cost Of Revenue	$9.413M	$12.50M	$8.933M
YoY Change	-15.63%	11.92%	-42.43%
Gross Profit	$5.744M	-$1.477M	$218.0K
YoY Change	-554.79%	-14.57%	-104.63%
Gross Profit Margin	37.9%	-13.4%	2.38%
Selling, General & Admin	$6.050M	$3.901M	$4.672M
YoY Change	129.17%	-22.24%	-56.91%
% of Gross Profit	105.33%		2143.12%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$946.0K	$908.0K	$2.150M
YoY Change	-9.39%	-5.71%	-45.07%
% of Gross Profit	16.47%		986.24%
Operating Expenses	$6.217M	$4.225M	$4.901M
YoY Change	76.37%	-21.47%	-58.19%
Operating Profit	-$473.0K	-$5.702M	-$4.683M
YoY Change	-90.12%	-19.79%	-71.5%
Interest Expense	$598.0K	$831.0K	-$1.657M
YoY Change	-17.63%	-208.63%	1.91%
% of Operating Profit
Other Income/Expense, Net	$1.278M	-$954.0K	$2.121M
YoY Change	-132.4%	-3916.0%	1793.75%
Pretax Income	$805.0K	-$6.656M	-$4.053M
YoY Change	-109.22%	-15.2%	-77.7%
Income Tax	$74.00K	$63.00K	$55.00K
% Of Pretax Income	9.19%
Net Earnings	$731.0K	-$6.719M	-$4.108M
YoY Change	-108.35%	-14.67%	-77.6%
Net Earnings / Revenue	4.82%	-60.94%	-44.89%
Basic Earnings Per Share	$0.01	-$0.13
Diluted Earnings Per Share	$0.00	-$0.13	-$112.2K
COMMON SHARES
Basic Shares Outstanding	71.02M shares	53.59M shares
Diluted Shares Outstanding	201.3M shares	53.59M shares

Balance Sheet

Concept	2021 Q2	2021 Q1	2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$9.113M	$13.57M	$25.75M
YoY Change	35.99%	2212.1%	1816.0%
Cash & Equivalents	$9.113M	$13.57M	$25.75M
Short-Term Investments
Other Short-Term Assets	$4.144M	$2.533M	$6.391M
YoY Change	-34.86%	-21.19%	134.19%
Inventory	$14.74M	$13.89M	$9.933M
Prepaid Expenses
Receivables	$6.223M	$7.118M	$4.529M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$34.22M	$37.11M	$46.60M
YoY Change	-1.82%	60.81%	111.31%
LONG-TERM ASSETS
Property, Plant & Equipment	$64.50M	$49.46M	$49.24M
YoY Change	56.94%	14.34%	14.59%
Goodwill	$357.0K	$357.0K	$357.0K
YoY Change
Intangibles			$736.0K
YoY Change
Long-Term Investments
YoY Change
Other Assets	$601.0K	$591.0K	$476.0K
YoY Change	120.15%	-74.01%	-79.07%
Total Long-Term Assets	$106.4M	$87.34M	$50.81M
YoY Change	146.83%	83.65%	7.76%
TOTAL ASSETS
Total Short-Term Assets	$34.22M	$37.11M	$46.60M
Total Long-Term Assets	$106.4M	$87.34M	$50.81M
Total Assets	$140.6M	$124.5M	$97.42M
YoY Change	80.36%	76.19%	40.76%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$3.313M	$3.352M	$2.137M
YoY Change	4.35%	-6.08%	-70.02%
Accrued Expenses	$1.142M	$900.0K	$1.212M
YoY Change	18.46%	37.4%	128.25%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$2.779M	$3.296M	$1.213K
YoY Change	-6.65%	32.42%	-99.95%
Total Short-Term Liabilities	$12.25M	$14.75M	$15.72M
YoY Change	-17.67%	12.14%	30.47%
LONG-TERM LIABILITIES
Long-Term Debt	$58.10M	$49.80M	$14.00K
YoY Change	31.52%	43.55%	-99.96%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$58.10M	$49.80M	$14.00K
YoY Change	31.37%	39.74%	-99.96%
TOTAL LIABILITIES
Total Short-Term Liabilities	$12.25M	$14.75M	$15.72M
Total Long-Term Liabilities	$58.10M	$49.80M	$14.00K
Total Liabilities	$70.35M	$64.55M	$66.26M
YoY Change	19.02%	32.3%	47.74%
SHAREHOLDERS EQUITY
Retained Earnings	-$100.4M		-$94.38M
YoY Change
Common Stock	$170.6M		$125.5M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$70.24M	$59.90M	$31.16M
YoY Change
Total Liabilities & Shareholders Equity	$140.6M	$124.5M	$97.42M
YoY Change	80.36%	76.19%	40.76%

Cashflow Statement

Concept	2021 Q2	2021 Q1	2020 Q4
OPERATING ACTIVITIES
Net Income	$731.0K	-$6.719M	-$4.108M
YoY Change	-108.35%	-14.67%	-77.6%
Depreciation, Depletion And Amortization	$946.0K	$908.0K	$2.150M
YoY Change	-9.39%	-5.71%	-45.07%
Cash From Operating Activities	-$1.514M	-$9.271M	$892.0K
YoY Change	-70.44%	294.34%	-102.27%
INVESTING ACTIVITIES
Capital Expenditures	-$235.0K	$373.0K	-$2.740M
YoY Change	-91.85%	-130.4%	-72.58%
Acquisitions		$4.569M
YoY Change
Other Investing Activities	-$2.074M	-$2.589M	-$1.500M
YoY Change	-174.07%	4442.11%	2042.86%
Cash From Investing Activities	-$2.309M	-$2.962M	-$4.240M
YoY Change	2681.93%	130.69%	-57.86%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-636.0K	$54.00K	23.57M
YoY Change	-105.62%	-98.12%	-41.69%
NET CHANGE
Cash From Operating Activities	-1.514M	-$9.271M	892.0K
Cash From Investing Activities	-2.309M	-$2.962M	-4.240M
Cash From Financing Activities	-636.0K	$54.00K	23.57M
Net Change In Cash	-4.459M	-$12.18M	20.22M
YoY Change	-172.94%	1510.98%	-325.53%
FREE CASH FLOW
Cash From Operating Activities	-$1.514M	-$9.271M	$892.0K
Capital Expenditures	-$235.0K	$373.0K	-$2.740M
Free Cash Flow	-$1.279M	-$9.644M	$3.632M
YoY Change	-42.88%	758.01%	-112.38%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	187000	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	0	USD
	lowlf	Property And Equipment Acquired Via Capital Lease PropertyAndEquipmentAcquiredViaCapitalLease	0	USD
CY2021Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	78805938	shares
CY2021Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	9113000	USD
CY2020Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	25751000	USD
CY2021Q2	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	1024000	USD
CY2020Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	1389000	USD
CY2020Q4	us-gaap	Assets Current AssetsCurrent	46604000	USD
CY2021Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	64496000	USD
CY2021Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	6223000	USD
	us-gaap	Cost Of Revenue CostOfRevenue	22328000	USD
CY2020Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	4529000	USD
CY2021Q2	us-gaap	Inventory Net InventoryNet	14736000	USD
CY2020Q4	us-gaap	Inventory Net InventoryNet	9933000	USD
CY2021Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	4144000	USD
CY2020Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	6391000	USD
CY2021Q2	us-gaap	Assets Current AssetsCurrent	34216000	USD
CY2020Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	49243000	USD
CY2021Q2	us-gaap	Goodwill Goodwill	357000	USD
CY2020Q4	us-gaap	Goodwill Goodwill	357000	USD
CY2021Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	40919000	USD
CY2020Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	736000	USD
CY2021Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	601000	USD
CY2020Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	476000	USD
CY2021Q2	us-gaap	Assets Assets	140589000	USD
CY2020Q4	us-gaap	Assets Assets	97416000	USD
CY2021Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	3313000	USD
CY2020Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	2137000	USD
CY2021Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	1142000	USD
CY2020Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	1212000	USD
CY2021Q2	us-gaap	Notes Payable Current NotesPayableCurrent	369000	USD
CY2020Q4	us-gaap	Notes Payable Current NotesPayableCurrent	1213000	USD
CY2021Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	2410000	USD
CY2020Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	2301000	USD
CY2021Q2	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	5012000	USD
CY2020Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	8860000	USD
CY2021Q2	us-gaap	Liabilities Current LiabilitiesCurrent	12246000	USD
CY2020Q4	us-gaap	Liabilities Current LiabilitiesCurrent	15723000	USD
CY2021Q2	us-gaap	Notes Payable Related Parties Noncurrent NotesPayableRelatedPartiesNoncurrent	258000	USD
CY2020Q4	us-gaap	Notes Payable Related Parties Noncurrent NotesPayableRelatedPartiesNoncurrent	303000	USD
CY2021Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	35260000	USD
CY2020Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	36533000	USD
CY2021Q2	us-gaap	Convertible Debt Noncurrent ConvertibleDebtNoncurrent	13646000	USD
CY2020Q4	us-gaap	Convertible Debt Noncurrent ConvertibleDebtNoncurrent	13701000	USD
CY2021Q2	us-gaap	Purchase Obligation PurchaseObligation	8938000	USD
CY2020Q4	us-gaap	Purchase Obligation PurchaseObligation	0	USD
CY2021Q2	us-gaap	Liabilities Liabilities	70348000	USD
CY2020Q4	us-gaap	Liabilities Liabilities	66260000	USD
CY2021Q2	us-gaap	Common Stock Value CommonStockValue	170613000	USD
CY2020Q4	us-gaap	Common Stock Value CommonStockValue	125540000	USD
CY2021Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-100372000	USD
CY2020Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-94384000	USD
CY2021Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	140589000	USD
CY2020Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	97416000	USD
CY2021Q2	us-gaap	Revenues Revenues	15157000	USD
CY2020Q2	us-gaap	Revenues Revenues	9894000	USD
	us-gaap	Revenues Revenues	26183000	USD
	us-gaap	Revenues Revenues	19336000	USD
CY2021Q2	us-gaap	Cost Of Revenue CostOfRevenue	9413000	USD
CY2020Q2	us-gaap	Cost Of Revenue CostOfRevenue	11157000	USD
	us-gaap	Cost Of Revenue CostOfRevenue	21915000	USD
	us-gaap	Gross Profit GrossProfit	4268000	USD
CY2021Q2	us-gaap	Gross Profit GrossProfit	5744000	USD
CY2020Q2	us-gaap	Gross Profit GrossProfit	-1263000	USD
	us-gaap	Gross Profit GrossProfit	-2992000	USD
CY2021Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3817000	USD
CY2020Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1456000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	6285000	USD
CY2020Q2	us-gaap	Net Income Loss NetIncomeLoss	-8757000	USD
	us-gaap	Net Income Loss NetIncomeLoss	-5988000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4733000	USD
CY2021Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	2233000	USD
CY2020Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	1184000	USD
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	3667000	USD
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	2410000	USD
CY2021Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	167000	USD
CY2020Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	885000	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	491000	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	1762000	USD
CY2021Q2	us-gaap	Operating Expenses OperatingExpenses	6217000	USD
CY2020Q2	us-gaap	Operating Expenses OperatingExpenses	3525000	USD
	us-gaap	Operating Expenses OperatingExpenses	10443000	USD
	us-gaap	Operating Expenses OperatingExpenses	8905000	USD
CY2021Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-473000	USD
CY2020Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-4788000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	-6175000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	-11897000	USD
CY2021Q2	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	1858000	USD
CY2020Q2	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	0	USD
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	1416000	USD
CY2021Q2	lowlf	Loss On Termination Of Investment LossOnTerminationOfInvestment	0	USD
CY2020Q2	lowlf	Loss On Termination Of Investment LossOnTerminationOfInvestment	3524000	USD
	lowlf	Loss On Termination Of Investment LossOnTerminationOfInvestment	0	USD
	lowlf	Loss On Termination Of Investment LossOnTerminationOfInvestment	3524000	USD
CY2021Q2	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	18000	USD
CY2020Q2	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	306000	USD
	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	124000	USD
	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	391000	USD
CY2021Q2	us-gaap	Interest Expense InterestExpense	598000	USD
CY2020Q2	us-gaap	Interest Expense InterestExpense	726000	USD
	us-gaap	Interest Expense InterestExpense	1215000	USD
	us-gaap	Interest Expense InterestExpense	1576000	USD
CY2021Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1278000	USD
CY2020Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-3944000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	325000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-4684000	USD
CY2021Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	805000	USD
CY2020Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-8732000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-5850000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-16581000	USD
CY2021Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	74000	USD
CY2020Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	25000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	138000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	50000	USD
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	731000	USD
CY2021Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.00
	us-gaap	Net Income Loss NetIncomeLoss	-16631000	USD
CY2021Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.01
CY2020Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.26
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.10
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.50
CY2020Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.26
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.10
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.50
CY2021Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	71021000	shares
CY2020Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	33307000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	61956000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	33025000	shares
CY2021Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	201278000	shares
CY2020Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	33307000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	61956000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	33025000	shares
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	59903000	USD
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	731000	USD
CY2021Q2	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities	200000	USD
CY2021Q2	us-gaap	Stock Issued During Period Value Acquisitions StockIssuedDuringPeriodValueAcquisitions	9023000	USD
CY2021Q2	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	46000	USD
CY2021Q2	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	338000	USD
CY2021Q2	us-gaap	Stockholders Equity StockholdersEquity	70241000	USD
CY2020Q1	us-gaap	Stockholders Equity StockholdersEquity	17424000	USD
CY2020Q2	us-gaap	Net Income Loss NetIncomeLoss	-8757000	USD
CY2020Q2	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities	62000	USD
CY2020Q2	lowlf	Issuance Of Warrants IssuanceOfWarrants	1556000	USD
CY2020Q2	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	213000	USD
CY2020Q2	us-gaap	Stockholders Equity StockholdersEquity	10498000	USD
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	31156000	USD
	us-gaap	Net Income Loss NetIncomeLoss	-5988000	USD
	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities	478000	USD
	us-gaap	Stock Issued During Period Value Acquisitions StockIssuedDuringPeriodValueAcquisitions	43259000	USD
	lowlf	Exercise Of Warrants Amount ExerciseOfWarrantsAmount	665000	USD
	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	46000	USD
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	625000	USD
CY2021Q2	us-gaap	Stockholders Equity StockholdersEquity	70241000	USD
CY2019Q4	us-gaap	Stockholders Equity StockholdersEquity	23686000	USD
	us-gaap	Net Income Loss NetIncomeLoss	-16631000	USD
	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities	62000	USD
	lowlf	Issuance Of Warrants IssuanceOfWarrants	1556000	USD
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	1825000	USD
CY2020Q2	us-gaap	Stockholders Equity StockholdersEquity	10498000	USD
	us-gaap	Net Income Loss NetIncomeLoss	-5988000	USD
	us-gaap	Net Income Loss NetIncomeLoss	-16631000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1858000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1762000	USD
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	420000	USD
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	0	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	625000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	1825000	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	173000	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	720000	USD
	us-gaap	Gain Loss On Contract Termination GainLossOnContractTermination	152000	USD
	us-gaap	Gain Loss On Contract Termination GainLossOnContractTermination	0	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-1526000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	1390000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-1501000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	1980000	USD
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-553000	USD
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-333000	USD
	lowlf	Change In Other Assets ChangeInOtherAssets	0	USD
	lowlf	Change In Other Assets ChangeInOtherAssets	0	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-4320000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	2307000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	0	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-98000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-10785000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-7473000	USD
	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	1979000	USD
	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	0	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	608000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	4110000	USD
	lowlf	Disposition Of Business Interest Net Of Cash Received DispositionOfBusinessInterestNetOfCashReceived	0	USD
	lowlf	Disposition Of Business Interest Net Of Cash Received DispositionOfBusinessInterestNetOfCashReceived	2743000	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	6642000	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	USD
	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	0	USD
	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	0	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-5271000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1367000	USD
	lowlf	Principal Payments On Lease Obligations PrincipalPaymentsOnLeaseObligations	1164000	USD
	lowlf	Principal Payments On Lease Obligations PrincipalPaymentsOnLeaseObligations	1053000	USD
	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	128000	USD
	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	31000	USD
	us-gaap	Proceeds From Convertible Debt ProceedsFromConvertibleDebt	0	USD
	us-gaap	Proceeds From Convertible Debt ProceedsFromConvertibleDebt	13663000	USD
	us-gaap	Proceeds From Issuance Of Warrants ProceedsFromIssuanceOfWarrants	0	USD
	us-gaap	Proceeds From Issuance Of Warrants ProceedsFromIssuanceOfWarrants	1556000	USD
	us-gaap	Proceeds From Issuance Of Private Placement ProceedsFromIssuanceOfPrivatePlacement	0	USD
	us-gaap	Proceeds From Issuance Of Private Placement ProceedsFromIssuanceOfPrivatePlacement	62000	USD
	us-gaap	Payments For Proceeds From Loans And Leases PaymentsForProceedsFromLoansAndLeases	0	USD
	us-gaap	Payments For Proceeds From Loans And Leases PaymentsForProceedsFromLoansAndLeases	0	USD
	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	0	USD
	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	0	USD
	us-gaap	Proceeds From Warrant Exercises ProceedsFromWarrantExercises	710000	USD
	us-gaap	Proceeds From Warrant Exercises ProceedsFromWarrantExercises	0	USD
	lowlf	Issuance Of Subordinate Voting Shares For Acquisition IssuanceOfSubordinateVotingSharesForAcquisition	0	USD
	lowlf	Issuance Of Subordinate Voting Shares For Acquisition IssuanceOfSubordinateVotingSharesForAcquisition	0	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	0	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	0	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-582000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	14197000	USD
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-16638000	USD
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	5357000	USD
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	25751000	USD
CY2019Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1344000	USD
CY2021Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	9113000	USD
CY2020Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	6701000	USD
	us-gaap	Interest Paid Net InterestPaidNet	605000	USD
	us-gaap	Interest Paid Net InterestPaidNet	1403000	USD
	lowlf	Issuance Of Warrants IssuanceOfWarrants	1556000	USD
	lowlf	Shares Issued For Services In Connection With Convertible Debenture Offering SharesIssuedForServicesInConnectionWithConvertibleDebentureOffering	0	USD
	lowlf	Property And Equipment Acquired Via Capital Lease PropertyAndEquipmentAcquiredViaCapitalLease	578000	USD
	lowlf	Disposition Of Business Interests DispositionOfBusinessInterests	0	USD
	lowlf	Disposition Of Business Interests DispositionOfBusinessInterests	2743000	USD
	lowlf	Issuance Of Warrants IssuanceOfWarrants	0	USD
	lowlf	Shares Issued For Services In Connection With Convertible Debenture Offering SharesIssuedForServicesInConnectionWithConvertibleDebentureOffering	62000	USD
	lowlf	Subordinated Voting Shares Issued During Period Value Asset Acquisitions SubordinatedVotingSharesIssuedDuringPeriodValueAssetAcquisitions	43259000	USD
	lowlf	Subordinated Voting Shares Issued During Period Value Asset Acquisitions SubordinatedVotingSharesIssuedDuringPeriodValueAssetAcquisitions	0	USD
	lowlf	Liabilities Assumed And Receivable Forgiveness In Exchange For Net Assets Acquired LiabilitiesAssumedAndReceivableForgivenessInExchangeForNetAssetsAcquired	2910000	USD
	lowlf	Liabilities Assumed And Receivable Forgiveness In Exchange For Net Assets Acquired LiabilitiesAssumedAndReceivableForgivenessInExchangeForNetAssetsAcquired	0	USD
	lowlf	Debt And Associated Accrued Interest Converted To Subordinate Voting Shares DebtAndAssociatedAccruedInterestConvertedToSubordinateVotingShares	478000	USD
	lowlf	Debt And Associated Accrued Interest Converted To Subordinate Voting Shares DebtAndAssociatedAccruedInterestConvertedToSubordinateVotingShares	0	USD
	us-gaap	Use Of Estimates UseOfEstimates	<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;">The preparation of financial statements in conformity with generally accepted accounting principles in the United States (“U.S. GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates in these financial statements include allowance for doubtful accounts and credit losses, carrying value of inventory, revenue recognition, accounting for stock-based compensation expense, and income taxes. Actual results could differ from those estimates.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;">The global COVID-19 pandemic has impacted the operations and purchasing decisions of companies worldwide. It also has created and may continue to create significant uncertainty in the global economy. The Company has undertaken measures to protect its employees, partners, customers, and vendors. In addition, the Company’s personnel are subject to various travel restrictions, which limit the ability of the Company to provide services to customers and affiliates. This impacts the Company's normal operations. To date, the Company has been able to provide uninterrupted access to its products and services, including certain employees that are working remotely, and its pre-existing infrastructure that supports secure access to the Company’s internal systems. If, however, the COVID-19 pandemic has a substantial impact on the productivity of the Company’s employees or its partners’ or customers’ decision to use the Company’s products and services, the results of the Company’s operations and overall financial performance may be adversely impacted. The duration and extent of the impact from the COVID-19 pandemic depends on future developments that cannot be accurately predicted at this time. As of the date of issuance of the financial statements, the Company is not aware of any specific event or circumstance that would require updates to the Company’s estimates and judgments or revisions to the carrying value of its assets or liabilities. These estimates may change, as new events occur and additional information is obtained, and are recognized in the condensed consolidated financial statements as soon as they become known. Actual results could differ from those estimates and any such differences may be material to the financial statements.</p>
CY2021Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	74134000	USD
CY2021Q2	us-gaap	Depreciation Depreciation	946000	USD
CY2020Q2	us-gaap	Depreciation Depreciation	1044000	USD
	us-gaap	Depreciation Depreciation	1844000	USD
	us-gaap	Depreciation Depreciation	1909000	USD
CY2021Q1	us-gaap	Goodwill Goodwill	357000	USD
	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	USD
CY2021Q2	us-gaap	Goodwill Goodwill	357000	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	14000	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod	358000	shares
CY2021Q2	us-gaap	Amortization Of Leased Asset AmortizationOfLeasedAsset	785000	USD
CY2020Q2	us-gaap	Amortization Of Leased Asset AmortizationOfLeasedAsset	839000	USD
CY2020Q2	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	491000	USD
CY2020Q2	us-gaap	Operating Leases Rent Expense Sublease Rentals1 OperatingLeasesRentExpenseSubleaseRentals1	1330000	USD
CY2021Q2	us-gaap	Share Based Compensation ShareBasedCompensation	338000	USD
CY2020Q2	us-gaap	Share Based Compensation ShareBasedCompensation	213000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	1825000	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	1153000	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod	10000	shares
	lowlf	Basic Shares BasicShares	33025000	shares
CY2021Q2	lowlf	Incremental Common Shares Attributable To Options IncrementalCommonSharesAttributableToOptions	2908000	shares
CY2021Q2	lowlf	Incremental Common Shares Attributable To Warrants IncrementalCommonSharesAttributableToWarrants	60767000	shares
CY2021Q2	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	64796000	shares
CY2021Q2	lowlf	Incremental Common Shares Attributable To Restricted Stock Units IncrementalCommonSharesAttributableToRestrictedStockUnits	1786000	shares

Files In Submission

Name	View Source	Status
0001654954-21-009104-index-headers.html	Edgar Link	pending
0001654954-21-009104-index.html	Edgar Link	pending
0001654954-21-009104.txt	Edgar Link	pending
0001654954-21-009104-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
lowlf-20210630.xsd	Edgar Link	pending
lowlf-20210630_cal.xml	Edgar Link	unprocessable
lowlf-20210630_def.xml	Edgar Link	unprocessable
lowlf-20210630_lab.xml	Edgar Link	unprocessable
lowlf-20210630_pre.xml	Edgar Link	unprocessable
lowlf_10q.htm	Edgar Link	pending
lowlf_10q_htm.xml	Edgar Link	completed
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R58.htm	Edgar Link	pending
R59.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R60.htm	Edgar Link	pending
R61.htm	Edgar Link	pending
R62.htm	Edgar Link	pending
R63.htm	Edgar Link	pending
R64.htm	Edgar Link	pending
R65.htm	Edgar Link	pending
R66.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$LOWLF
Lowell Farms Inc. Stock $lowlf

2021 Q2 Form 10-Q Financial Statement

#000165495421009104 Filed on August 16, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LOWLF Lowell Farms Inc. Stock $lowlf

2021 Q2 Form 10-Q Financial Statement

#000165495421009104 Filed on August 16, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LOWLF
Lowell Farms Inc. Stock $lowlf