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

GENERAL AND ADMINISTRATIVE EXPENSES

9 Months Ended

Sep. 30, 2024

15. GENERAL AND ADMINISTRATIVE EXPENSES

For the three and nine months ended September 30, 2024 and 2023, general and administrative expenses were comprised of:

	Three Months Ended				Nine Months Ended
	September 30,		September 30,		September 30,		September 30,
(in thousands)	2024		2023		2024		2023
Salaries and benefits	$	436	$	799	$	1,487	$	2,485
Professional fees		99		271		690		798
Share-based compensation		7		92		43		193
Insurance		153		228		560		752
Bad debt expense		619		212		807		328
Administrative		126		263		494		594
Total general and administrative expenses	$	1,440	$	1,865	$	4,081	$	5,150