$LOWLF
Lowell Farms Inc. Stock $lowlf

$lowlf Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000165495424006255 Filed on May 14, 2024

Income Statement

Concept	2024 Q2	2024 Q1
Revenue	$3.538M	$4.874M
YoY Change	-49.69%	-35.24%
Cost Of Revenue	$4.092M	$5.701M
YoY Change	-44.5%	-22.9%
Gross Profit	-$554.0K	-$827.0K
YoY Change	62.46%	-726.52%
Gross Profit Margin	-15.66%	-16.97%
Selling, General & Admin	$1.540M	$1.961M
YoY Change	-29.97%	-16.87%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$629.0K	$808.0K
YoY Change	-53.27%	-32.44%
% of Gross Profit
Operating Expenses	$1.638M	$2.059M
YoY Change	-29.0%	-16.47%
Operating Profit	-$2.192M	-$2.886M
YoY Change	-17.22%	23.7%
Interest Expense	$5.000K	$9.000K
YoY Change	-99.57%	-99.46%
% of Operating Profit
Other Income/Expense, Net	$1.394M	-$3.000K
YoY Change	-46.9%	-99.82%
Pretax Income	-$798.0K	-$2.889M
YoY Change	3369.57%	-27.61%
Income Tax	$0.00	$0.00
% Of Pretax Income
Net Earnings	-$798.0K	-$2.889M
YoY Change	993.15%	-28.49%
Net Earnings / Revenue	-22.56%	-59.27%
Basic Earnings Per Share	-$0.04	-$0.15
Diluted Earnings Per Share	-$0.04	-$0.15
COMMON SHARES
Basic Shares Outstanding	18.26M shares	18.13M shares
Diluted Shares Outstanding	19.03M shares	19.02M shares

Balance Sheet

Concept	2024 Q2	2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments		$1.175M
YoY Change		-9.2%
Cash & Equivalents	$642.0K	$1.175M
Short-Term Investments
Other Short-Term Assets		$2.253M
YoY Change		86.66%
Inventory	$2.926M	$4.224M
Prepaid Expenses
Receivables	$1.844M	$2.067M
Other Receivables		$0.00
Total Short-Term Assets	$7.050M	$9.719M
YoY Change	-66.98%	-36.98%
LONG-TERM ASSETS
Property, Plant & Equipment	$3.537M	$3.814M
YoY Change	-76.06%	-87.61%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets		$465.0K
YoY Change		12.86%
Total Long-Term Assets	$23.90M	$24.63M
YoY Change	-78.58%	-75.04%
TOTAL ASSETS
Total Short-Term Assets	$7.050M	$9.719M
Total Long-Term Assets	$23.90M	$24.63M
Total Assets	$30.95M	$34.35M
YoY Change	-76.72%	-69.9%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.775M	$3.931M
YoY Change	-42.26%	14.21%
Accrued Expenses		$2.595M
YoY Change		500.69%
Deferred Revenue
YoY Change
Short-Term Debt		$0.00
YoY Change
Long-Term Debt Due		$1.934M
YoY Change		-92.06%
Total Short-Term Liabilities	$6.166M	$8.570M
YoY Change	-79.85%	-73.04%
LONG-TERM LIABILITIES
Long-Term Debt		$17.16M
YoY Change		-55.04%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities		$17.16M
YoY Change		-55.04%
TOTAL LIABILITIES
Total Short-Term Liabilities	$6.166M	$8.570M
Total Long-Term Liabilities		$17.16M
Total Liabilities	$23.13M	$25.73M
YoY Change	-73.97%	-63.22%
SHAREHOLDERS EQUITY
Retained Earnings	-$184.7M	-$183.9M
YoY Change	24.99%	24.51%
Common Stock	$192.5M	$192.5M
YoY Change	0.33%	0.35%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$7.827M	$8.615M
YoY Change
Total Liabilities & Shareholders Equity	$30.95M	$34.35M
YoY Change	-76.72%	-69.9%

Cashflow Statement

Concept	2024 Q2	2024 Q1
OPERATING ACTIVITIES
Net Income	-$798.0K	-$2.889M
YoY Change	993.15%	-28.49%
Depreciation, Depletion And Amortization	$629.0K	$808.0K
YoY Change	-53.27%	-32.44%
Cash From Operating Activities		-$1.025M
YoY Change		-212.39%
INVESTING ACTIVITIES
Capital Expenditures		$0.00
YoY Change		-100.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities		$0.00
YoY Change		-100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities		-$111.0K
YoY Change		-83.84%
NET CHANGE
Cash From Operating Activities		-$1.025M
Cash From Investing Activities		$0.00
Cash From Financing Activities		-$111.0K
Net Change In Cash		-$1.136M
YoY Change		-679.59%
FREE CASH FLOW
Cash From Operating Activities		-$1.025M
Capital Expenditures		$0.00
Free Cash Flow		-$1.025M
YoY Change		-216.08%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	2067000	usd
CY2023Q4	us-gaap	Assets Assets	37613000	usd
CY2023Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	4314000	usd
CY2023Q4	us-gaap	Notes Payable Current NotesPayableCurrent	3000	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	8613000	usd
CY2024Q1	us-gaap	Assets Current AssetsCurrent	9719000	usd
CY2023Q4	us-gaap	Assets Current AssetsCurrent	12088000	usd
CY2024Q1	us-gaap	Inventory Net InventoryNet	4224000	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	4760000	usd
CY2024Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	2253000	usd
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	17900000	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	18327000	usd
CY2024Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	3931000	usd
CY2024Q1	us-gaap	Notes Payable Current NotesPayableCurrent	2000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2311000	usd
CY2023Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	2620000	usd
CY2023Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	2397000	usd
CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	3814000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	4099000	usd
CY2024Q1	us-gaap	Other Intangible Assets Net OtherIntangibleAssetsNet	2448000	usd
CY2023Q4	us-gaap	Other Intangible Assets Net OtherIntangibleAssetsNet	2544000	usd
CY2024Q1	us-gaap	Other Assets OtherAssets	465000	usd
CY2023Q4	us-gaap	Other Assets OtherAssets	555000	usd
CY2024Q1	us-gaap	Assets Assets	34346000	usd
CY2024Q1	us-gaap	Accrued Employee Benefits Current AccruedEmployeeBenefitsCurrent	212000	usd
CY2023Q4	us-gaap	Accrued Employee Benefits Current AccruedEmployeeBenefitsCurrent	363000	usd
CY2024Q1	us-gaap	Capital Lease Obligations Current CapitalLeaseObligationsCurrent	1932000	usd
CY2023Q4	us-gaap	Capital Lease Obligations Current CapitalLeaseObligationsCurrent	1990000	usd
CY2024Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001838128
CY2024Q1	dei	Amendment Flag AmendmentFlag	false
CY2024Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2024Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2024Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2024
CY2024Q1	lowlf	Aggregate Intrinsic Value Expired AggregateIntrinsicValueExpired	0	usd
CY2024Q1	dei	Document Type DocumentType	10-Q
CY2024Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2024Q1	dei	Document Period End Date DocumentPeriodEndDate	2024-03-31
CY2024Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2024Q1	dei	Entity File Number EntityFileNumber	000-56254
CY2024Q1	dei	Entity Registrant Name EntityRegistrantName	LOWELL FARMS INC.
CY2024Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	Z4
CY2024Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	87-3037317
CY2024Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	19 Quail Run Circle - Suite B
CY2024Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Salinas
CY2024Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	CA
CY2024Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	93907
CY2024Q1	dei	City Area Code CityAreaCode	831
CY2024Q1	dei	Local Phone Number LocalPhoneNumber	998-8214
CY2024Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2024Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2024Q1	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2024Q1	dei	Entity Small Business EntitySmallBusiness	true
CY2024Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
CY2024Q1	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
CY2024Q1	dei	Entity Shell Company EntityShellCompany	false
CY2024Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	18256282	shares
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1175000	usd
CY2024Q1	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	2493000	usd
CY2023Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	1943000	usd
CY2024Q1	us-gaap	Liabilities Current LiabilitiesCurrent	8570000	usd
CY2024Q1	us-gaap	Capital Lease Obligations Noncurrent CapitalLeaseObligationsNoncurrent	17161000	usd
CY2023Q4	us-gaap	Capital Lease Obligations Noncurrent CapitalLeaseObligationsNoncurrent	17522000	usd
CY2024Q1	us-gaap	Liabilities Liabilities	25731000	usd
CY2023Q4	us-gaap	Liabilities Liabilities	26135000	usd
CY2024Q1	us-gaap	Common Stock Value CommonStockValue	192471000	usd
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	192445000	usd
CY2024Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-183856000	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-180967000	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	8615000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	11478000	usd
CY2024Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	34346000	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	37613000	usd
CY2024Q1	us-gaap	Revenues Revenues	4874000	usd
CY2023Q1	us-gaap	Revenues Revenues	7526000	usd
CY2024Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	5701000	usd
CY2023Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	7394000	usd
CY2024Q1	us-gaap	Gross Profit GrossProfit	-827000	usd
CY2023Q1	us-gaap	Gross Profit GrossProfit	132000	usd
CY2024Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1553000	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1673000	usd
CY2024Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	408000	usd
CY2023Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	735000	usd
CY2024Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	98000	usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	106000	usd
CY2024Q1	us-gaap	Operating Expenses OperatingExpenses	2059000	usd
CY2023Q1	us-gaap	Operating Expenses OperatingExpenses	2514000	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-2886000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-2382000	usd
CY2024Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	6000	usd
CY2023Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1000	usd
CY2024Q1	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	0	usd
CY2023Q1	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	0	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	9000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	1659000	usd
CY2024Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-3000	usd
CY2023Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-1658000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-2889000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-4040000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-2889000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-4040000	usd
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.15
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.33
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.15
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.33
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	19024000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	12177000	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	19024000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	12177000	shares
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	11478000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-2889000	usd
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition	26000	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	8615000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	48117000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-4040000	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition	60000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	44137000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	-2889000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-4040000	usd
CY2024Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	808000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1196000	usd
CY2024Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	0	usd
CY2023Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	249000	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	26000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	60000	usd
CY2024Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	197000	usd
CY2023Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	88000	usd
CY2024Q1	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	0	usd
CY2023Q1	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	0	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	356000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	1237000	usd
CY2024Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	536000	usd
CY2023Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	695000	usd
CY2024Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	144000	usd
CY2023Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	315000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	90000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	1000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	16000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	1111000	usd
CY2024Q1	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-309000	usd
CY2023Q1	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	0	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1025000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	912000	usd
CY2024Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	0	usd
CY2023Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	29000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	0	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-29000	usd
CY2024Q1	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	110000	usd
CY2023Q1	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	608000	usd
CY2024Q1	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	1000	usd
CY2023Q1	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	79000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-111000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-687000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-1136000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	196000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2311000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1098000	usd
CY2024Q1	us-gaap	Interest Receivable InterestReceivable	0	usd
CY2023Q4	us-gaap	Interest Receivable InterestReceivable	26000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1175000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1294000	usd
CY2024Q1	us-gaap	Interest Paid Net InterestPaidNet	9000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	821000	usd
CY2024Q1	lowlf	Purchase Of Property And Equipment Not Yet Paid PurchaseOfPropertyAndEquipmentNotYetPaid	0	usd
CY2023Q1	lowlf	Purchase Of Property And Equipment Not Yet Paid PurchaseOfPropertyAndEquipmentNotYetPaid	8000	usd
CY2024Q1	us-gaap	Deposits Assets Current DepositsAssetsCurrent	1132000	usd
CY2023Q4	us-gaap	Deposits Assets Current DepositsAssetsCurrent	1134000	usd
CY2024Q1	us-gaap	Prepaid Insurance PrepaidInsurance	173000	usd
CY2023Q4	us-gaap	Prepaid Insurance PrepaidInsurance	237000	usd
CY2024Q1	us-gaap	Supplies Supplies	66000	usd
CY2023Q4	us-gaap	Supplies Supplies	26000	usd
CY2024Q1	lowlf	Licenses And Payments LicensesAndPayments	48000	usd
CY2023Q4	lowlf	Licenses And Payments LicensesAndPayments	106000	usd
CY2024Q1	us-gaap	Advance Royalties AdvanceRoyalties	806000	usd
CY2023Q4	us-gaap	Advance Royalties AdvanceRoyalties	853000	usd
CY2024Q1	us-gaap	Other Prepaid Expense Current OtherPrepaidExpenseCurrent	28000	usd
CY2023Q4	us-gaap	Other Prepaid Expense Current OtherPrepaidExpenseCurrent	15000	usd
CY2024Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	2253000	usd
CY2023Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	2397000	usd
CY2024Q1	us-gaap	Inventory Raw Materials InventoryRawMaterials	810000	usd
CY2023Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	1400000	usd
CY2024Q1	us-gaap	Inventory Work In Process InventoryWorkInProcess	215000	usd
CY2023Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	307000	usd
CY2024Q1	us-gaap	Inventory Finished Goods InventoryFinishedGoods	3199000	usd
CY2023Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	3053000	usd
CY2024Q1	us-gaap	Inventory Net InventoryNet	4224000	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	4760000	usd
CY2024Q1	us-gaap	Income Tax Examination Interest Accrued IncomeTaxExaminationInterestAccrued	140000	usd
CY2023Q4	us-gaap	Income Tax Examination Interest Accrued IncomeTaxExaminationInterestAccrued	109000	usd
CY2024Q1	us-gaap	Financing Receivable Nonaccrual No Allowance FinancingReceivableNonaccrualNoAllowance	441000	usd
CY2023Q4	us-gaap	Financing Receivable Nonaccrual No Allowance FinancingReceivableNonaccrualNoAllowance	441000	usd
CY2024Q1	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	133000	usd
CY2023Q4	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	133000	usd
CY2024Q1	us-gaap	Sales And Excise Tax Payable Current SalesAndExciseTaxPayableCurrent	291000	usd
CY2023Q4	us-gaap	Sales And Excise Tax Payable Current SalesAndExciseTaxPayableCurrent	289000	usd
CY2024Q1	us-gaap	Accrued Insurance Current AccruedInsuranceCurrent	435000	usd
CY2023Q4	us-gaap	Accrued Insurance Current AccruedInsuranceCurrent	287000	usd
CY2024Q1	us-gaap	Accrued Marketing Costs Current AccruedMarketingCostsCurrent	943000	usd
CY2023Q4	us-gaap	Accrued Marketing Costs Current AccruedMarketingCostsCurrent	558000	usd
CY2024Q1	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	110000	usd
CY2023Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	126000	usd
CY2024Q1	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	2493000	usd
CY2023Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	1943000	usd
CY2024Q1	us-gaap	Depreciation Depreciation	712000	usd
CY2023Q1	us-gaap	Depreciation Depreciation	1095000	usd
CY2024Q1	lowlf	Amortization Expense AmortizationExpense	96000	usd
CY2023Q1	lowlf	Amortization Expense AmortizationExpense	101000	usd
CY2023Q4	lowlf	Share Outstanding Voting Shares ShareOutstandingVotingShares	19024000	shares
CY2023Q4	lowlf	Share Outstanding Super Voting Shares ShareOutstandingSuperVotingShares	20000	shares
CY2024Q1	lowlf	Share Outstanding Voting Shares ShareOutstandingVotingShares	19024000	shares
CY2024Q1	lowlf	Share Outstanding Super Voting Shares ShareOutstandingSuperVotingShares	20000	shares
CY2023Q4	lowlf	Warrants Beginning Balance WarrantsBeginningBalance	1126000	shares
CY2024Q1	lowlf	Warrants Ending Balance WarrantsEndingBalance	1126000	shares
CY2024Q1	us-gaap	Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1 ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1	1.52
CY2024Q1	lowlf	Warrants Expire Date WarrantsExpireDate	February, 2025
CY2024Q1	lowlf	Total Indebtness TotalIndebtness	2000	usd
CY2023Q4	lowlf	Total Indebtness TotalIndebtness	3000	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	2000	usd
CY2024Q1	us-gaap	Long Term Debt LongTermDebt	2000	usd
CY2024Q1	lowlf	Operating Lease Liability Beginning OperatingLeaseLiabilityBeginning	19512000	usd
CY2024Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	419000	usd
CY2024Q1	lowlf	Operating Lease Liability Ending OperatingLeaseLiabilityEnding	19093000	usd
CY2024Q1	us-gaap	Amortization Of Leased Asset AmortizationOfLeasedAsset	41000	usd
CY2023Q1	us-gaap	Amortization Of Leased Asset AmortizationOfLeasedAsset	573000	usd
CY2024Q1	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	2000	usd
CY2023Q1	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	500000	usd
CY2024Q1	lowlf	Total Components Of Lease Expense TotalComponentsOfLeaseExpense	43000	usd
CY2023Q1	lowlf	Total Components Of Lease Expense TotalComponentsOfLeaseExpense	1073000	usd
CY2024Q1	lowlf	Amortization Of Leased Assets Operating Leases AmortizationOfLeasedAssetsOperatingLeases	386000	usd
CY2023Q1	lowlf	Amortization Of Leased Assets Operating Leases AmortizationOfLeasedAssetsOperatingLeases	0	usd
CY2024Q1	lowlf	Interest On Lease Liabilities Operating Leases InterestOnLeaseLiabilitiesOperatingLeases	382000	usd
CY2023Q1	lowlf	Interest On Lease Liabilities Operating Leases InterestOnLeaseLiabilitiesOperatingLeases	0	usd
CY2024Q1	lowlf	Operating Lease Amortization OperatingLeaseAmortization	768000	usd
CY2023Q1	lowlf	Operating Lease Amortization OperatingLeaseAmortization	0	usd
CY2024Q1	lowlf	Weighted Average Remaining Lease Term WeightedAverageRemainingLeaseTerm	P8Y8M12D
CY2024Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.10	pure
CY2023	lowlf	Weighted Average Remaining Lease Term WeightedAverageRemainingLeaseTerm	P8Y10M24D
CY2023Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.10	pure
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	2381000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	3258000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	3240000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	3324000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	16847000	usd
CY2024Q1	lowlf	Total Lease Payments TotalLeasePayments	29050000	usd
CY2024Q1	us-gaap	Receivable With Imputed Interest Discount ReceivableWithImputedInterestDiscount	9957000	usd
CY2024Q1	lowlf	Total Future Lease Payments TotalFutureLeasePayments	19093000	usd
CY2024Q1	lowlf	Proceeds From Issuance Of Stock Options ProceedsFromIssuanceOfStockOptions	2300000	shares
CY2024Q1	lowlf	Stock Option For Future Grant StockOptionForFutureGrant	700000	shares
CY2024Q1	lowlf	Vesting Period Descriptions VestingPeriodDescriptions	The awards granted generally vest in 25% increments over a four-year period and option awards expire 6 years from grant date
CY2024Q1	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	26000	usd
CY2023Q1	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	60000	usd
CY2023Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	1453000	shares
CY2023Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	1.9
CY2024Q1	lowlf	Weighted Average Remaining Contactual Life Outstanding Beginning Balance WeightedAverageRemainingContactualLifeOutstandingBeginningBalance	P5Y3M18D
CY2023Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	0	usd
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	250000	shares
CY2024Q1	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	0.16
CY2024Q1	lowlf	Share Based Compensation Arrangement By Share Based Payment Award Options Granted In Period Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantedInPeriodIntrinsicValue	0	usd
CY2024Q1	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	0
CY2024Q1	lowlf	Share Based Compensation Arrangement By Share Based Payment Award Options Exercised In Period Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedInPeriodIntrinsicValue	0	usd
CY2024Q1	lowlf	Stock Options Cancelled StockOptionsCancelled	-94000	shares
CY2024Q1	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice	3.24
CY2024Q1	lowlf	Share Based Compensation Arrangement By Share Based Payment Award Options Cancelled In Period Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsCancelledInPeriodIntrinsicValue	0	usd
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	1609000	shares
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	2.06
CY2024Q1	lowlf	Weighted Average Remaining Contactual Life Outstanding Ending Balance WeightedAverageRemainingContactualLifeOutstandingEndingBalance	P1Y4M13D
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	0	usd
CY2024Q1	lowlf	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisable	1127000	shares
CY2024Q1	lowlf	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercisable ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisable	2.37
CY2024Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1	P4Y9M7D
CY2024Q1	lowlf	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable In Period Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableInPeriodIntrinsicValue	0	usd
CY2024Q1	lowlf	Sharebasedcompensationarrangementbysharebasedpaymentawardoptionsvested And Expected SharebasedcompensationarrangementbysharebasedpaymentawardoptionsvestedAndExpected	1609000	shares
CY2024Q1	lowlf	Sharebasedcompensationarrangementbysharebasedpaymentawardoptionsoutstandingweightedaveragevested And Expected SharebasedcompensationarrangementbysharebasedpaymentawardoptionsoutstandingweightedaveragevestedAndExpected	2.06
CY2024Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1	P1Y4M13D
CY2024Q1	lowlf	Aggregate Intrinsic Value Vested And Expected AggregateIntrinsicValueVestedAndExpected	0	usd
CY2024Q1	us-gaap	Warrant Exercise Price Decrease WarrantExercisePriceDecrease	0.16
CY2024Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions	128000	usd
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1 ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1	P0Y10M24D
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-2889000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-4040000	usd
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.15
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.33
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.15
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.33
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	19024000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	12177000	shares
CY2024Q1	lowlf	Weighted Average Number Of Diluted Share Outstanding WeightedAverageNumberOfDilutedShareOutstanding	19024000	shares
CY2023Q1	lowlf	Weighted Average Number Of Diluted Share Outstanding WeightedAverageNumberOfDilutedShareOutstanding	12177000	shares
CY2024Q1	lowlf	Basic Shares BasicShares	19024000	shares
CY2023Q1	lowlf	Basic Shares BasicShares	12177000	shares
CY2024Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	19024000	shares
CY2023Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	12177000	shares
CY2024Q1	lowlf	Real Property Description RealPropertyDescription	the Company, surrendered possession of approximately 10 acres of real property at 139 Zabala Road, Salinas, California (the “Zabala Road Property”) leased by Cypress pursuant to a Lease Agreement dated April 1, 2017 (the “Zabala Road Lease”) with Tinhouse, LLC, dba Tinhouse Partners, LLC, as landlord (the “Landlord”). Prior to vacating the premises on January 12, 2024, the Company had operated a cultivation facility, which included four greenhouses totaling approximately 255,000 square feet

Files In Submission

Name	View Source	Status
0001654954-24-006255-index-headers.html	Edgar Link	pending
0001654954-24-006255-index.html	Edgar Link	pending
0001654954-24-006255.txt	Edgar Link	pending
0001654954-24-006255-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
lowlf-20240331.xsd	Edgar Link	pending
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lowlf_ex311.htm	Edgar Link	pending
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lowlf-20240331_def.xml	Edgar Link	unprocessable
lowlf-20240331_lab.xml	Edgar Link	unprocessable
lowlf-20240331_pre.xml	Edgar Link	unprocessable
lowlf_10q_htm.xml	Edgar Link	completed
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lowlf-20240331_cal.xml	Edgar Link	unprocessable

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$LOWLF
Lowell Farms Inc. Stock $lowlf

2024 Q2 Form 10-Q Financial Statement

#000165495424006255 Filed on May 14, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LOWLF Lowell Farms Inc. Stock $lowlf

2024 Q2 Form 10-Q Financial Statement

#000165495424006255 Filed on May 14, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LOWLF
Lowell Farms Inc. Stock $lowlf