Lowell Farms Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

LEASES (Tables)

3 Months Ended

Mar. 31, 2022

Schedule Of Lease Obligations

(in thousands)
Lease obligation
December 31, 2021		$	36,496
Lease principal payments			(586	)
March 31, 2022		$	35,910

		March 31,				December 31,
(in thousands)		2022				2021
Lease obligation, current portion		$	2,503			$	2,444
Lease obligation, long-term portion			33,407				34,052
Total		$	35,910			$	36,496

Schedule Of Lease Expense

		Three Months Ended
		March 31,				March 31,
(in thousands)		2022				2021
Amortization of leased assets ⁽¹⁾		$	817			$	742
Interest on lease liabilities ⁽²⁾			573				563
Total		$	1,390			$	1,305

		March 31,
(in thousands)		2022
Balance of 2022		$	3,948
2023			4,890
2024			4,280
2025			3,451
2026 and beyond			43,038
Total lease payments			59,607
Less imputed interest			(23,697	)
Total		$	35,910