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Cronos Group CRON Impairment on sales of Shopify's logistics businesses
Impairment on sales of Shopify's logistics businesses at other companies
Other financials
Where this comes from
Reported directly by Cronos Group in its filing.
Tagged under the XBRL concept us-gaap:DisposalGroupNotDiscontinuedOperationLossGainOnWriteDown.
The source filing: Cronos Group’s 10-Q, filed August 6, 2026.
- Filed
- Aug 6, 2026, 7:32 AM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001656472-26-000051
| Line item | Three months ended June 30, 2026 | Three months ended June 30, 2025 | Six months ended June 30, 2026 | Six months ended June 30, 2025 |
|---|---|---|---|---|
| Interest income, net | 8,816 | 8,997 | 17,669 | 18,662 |
| Loss on revaluation of financial instruments | (615) | (640) | (3,099) | (591) |
| Foreign currency gain (loss) | 20,219 | (39,538) | 33,918 | (37,955) |
| Loss on held-for-sale assets | — | (2,501) | — | (2,501) |
| Change in allowance for credit loss on non-operating loan | (108) | — | (214) | — |
| Other, net | (2) | (1) | 8 | 42 |
| Total other income (expense) | 28,310 | (33,683) | 48,282 | (22,343) |
| Income (loss) before income taxes | 35,714 | (39,007) | 53,853 | (31,739) |
Item 1. Financial Statements.
FAQ
- What is Cronos Group's impairment on sales of shopify's logistics businesses?
- Cronos Group (CRON) reported impairment on sales of shopify's logistics businesses of $0 in Q2 2026.
- How has Cronos Group's impairment on sales of shopify's logistics businesses changed year-over-year?
- Cronos Group's impairment on sales of shopify's logistics businesses decreased by 100.0% year-over-year, from $2.5M to $0.
- What does impairment on sales of shopify's logistics businesses mean?
- Measures the gain or loss recognized on the write-down or disposal of assets that are held for sale but do not meet the criteria for discontinued operations. This metric highlights the financial impact of divesting non-core assets or business units. It is essential for understanding the efficiency of capital recycling and portfolio optimization.
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