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Cronos Group CRON Inventory step-up recorded to cost of sales

Inventory step-up recorded to cost of sales at other companies

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Bausch + LombBLCO
$0-100%
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HaemoneticsHAE
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Bausch Health Companies logo
Bausch Health CompaniesBHC
$3M-86.4%

Other financials

Income statement

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Revenue$45.2M+40.1%
Gross profit$19.2M+39.5%
Operating income-$1.8M+55.0%
Net income$13.8M+125%
EPS (diluted)$0.04+100%

Balance sheet

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Cash & equivalents$821.9M+3.0%
Total debt$1.3M-27.8%
Total equity$1.1B+0.7%
Total assets$1.2B+1.6%

Cash flow

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Operating cash flow$10.9M+620%
CapEx$1.9M-87.7%
Free cash flow$9.0M+152%

Valuation

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Market cap$1.01B+41.3%
Enterprise value$192.08M-343%
P/S6.4×+0.6×

Profitability

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Gross margin42.7%+15.1pp
Operating margin-9.5%-4.3pp
Net margin-1.1%-40.8pp
FCF margin16.6%+13.3pp

Returns & leverage

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Return on equity-0.2%-4.8pp
Debt / equity0.0×
Current ratio21.9×-5.9×

Where this comes from

Reported directly by Cronos Group in its filing.

Tagged under the XBRL concept cron:InventoryStepUp.

The official record: Cronos Group’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cronos Group's inventory step-up recorded to cost of sales?
Cronos Group (CRON) reported inventory step-up recorded to cost of sales of $0 in Q1 2026.
How has Cronos Group's inventory step-up recorded to cost of sales changed year-over-year?
Cronos Group's inventory step-up recorded to cost of sales decreased by 100.0% year-over-year, from $517K to $0.
What does inventory step-up recorded to cost of sales mean?
Represents the non-cash expense related to the fair value adjustment of acquired inventory during a business combination, which is subsequently recognized in cost of sales. This metric isolates the impact of purchase accounting on current period profitability. It helps investors distinguish between operational costs and accounting-driven expenses stemming from acquisitions.