Village Farms International 2026年季度报告

VILLAGE FARMS INTERNATIONAL, INC.(Exact name of Registrant as Specified in its Charter) 98-1007671(I.R.S. EmployerIdentification No.) If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying withany new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ TABLE OF CONTENTS PART I - FINANCIAL INFORMATION Item 1.Financial Statements Condensed Consolidated Statements of Financial PositionCondensed Consolidated Statements of Operations and Comprehensive Income (Loss)Condensed ConsolidatedStatements of Changes in Shareholders’ Equity and Mezzanine EquityCondensed Consolidated Statements of Cash FlowsNotes to Condensed Consolidated Financial StatementsItem 2.Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem 3.Quantitative and Qualitative Disclosures About Market RiskItem 4.Controls and Procedures PART II - OTHER INFORMATIONItem 1.Legal Proceedings Item 1A.Risk FactorsItem 2.Unregistered Sale of Securities and Use of ProceedsItem 3.Defaults Upon Senior SecuritiesItem 4.Mine Safety DisclosuresItem 5.Other InformationItem 6.ExhibitsSignatures Forward Looking Statements As used in this Quarterly Report on Form 10-Q, the terms “Village Farms”, “Village Farms International”, the “Company”, “we”,“us”, “our” and similar references refer to Village Farms International, Inc. and our consolidated subsidiaries, and the term “Common Shares”refers to our common shares, no par value. Our financial information is presented in U.S. dollars and all references in this Quarterly Report on This Quarterly Report on Form 10-Q contains forward-looking statements within the meaning of the United States Private SecuritiesLitigation Reform Act of 1995, Section 27A of the U.S. Securities Act of 1933, as amended, (the "Securities Act") and Section 21E of the SecuritiesExchange Act of 1934, as amended (the "Exchange Act"), and is subject to the safe harbor created by those sections. This Quarterly Report onForm 10-Q also contains "forward-looking information" within the meaning of applicable Canadian securities laws. We refer to such forward-looking statements and forward-looking information collectively as "forward-looking statements". Forward-looking statements may relate to theCompany's future outlook or financial position and anticipated events or results and may include statements regarding the financial position,business strategy, budgets, expansion plans, litigation, projected production, projected costs, capital expenditures, financial results, tariffs, taxes,plans and objectives of or involving the Company or statements regarding the anticipated benefits from the closing of the transaction involvingVanguard Food LP. Particularly, statements regarding future results, performance, achievements, prospects or opportunities for the Company,the greenhouse vegetable or produce industry, the cannabis industry and market and our energy segment are forward-looking statements. In somecases, forward-looking information can be identified by such terms as "can", "outlook", "may", "might", "will", "could", "should", "would","occur", "expect", "plan", "anticipate", "believe", "intend", "try", "estimate", "predict", "potential", "continue", "likely", "schedule", "objectives",or the negative or grammatical variation thereof or other similar expressions concerning matters that are not historical facts. The forward-looking statements in this Quarterly Report on Form 10-Q are subject to risks that may include, but are not limited to: our limited operatinghistory in the cannabis and cannabinoids industry, including that of Pure Sunfarms, Corp. (“Pure Sunfarms”), Rose LifeScience Inc. (“Rose” or“Rose LifeScience”), Balanced Health Botanicals, LLC (“Balanced Health”) and Village Farms International B.V ("VFN"); the limitedoperational history of the Delta RNG Project in our energy segment; the legal status of the cannabis business of Pure Sunfarms, Rose, and VFNand the hemp business of Balanced Health and uncertainty regarding the legality and regulatory status of cannabis and cannabinoid (CBD)products in the United States; risks relating to the implementation and enforcement of the Continuing Appropriations, Agriculture, Legislative The Company has based these forward-looking statements on factors and assumptions about future events and financial trends that itbelieves may affect its financial condition, results of operations, business strategy and financial needs. Although the forward-looking statementscontained in this Quarterly Report on Form 10-Q are based upon assumptions that management believes are reasonable based on informationcurrently available to management, there can be no assurance that actual results will be consistent with these forward-looking statements.Forward-looking statements necessarily involve known and unknown risks and uncertainties, many of which are be