DISCONTINUED OPERATIONS (Tables)

3 Months Ended

Mar. 31, 2022

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Discontinued Operations

Operating results for the discontinued operations were comprised of the following:

	(in thousands)
	Three Months Ended March 31,
	2022		2021
Total revenues	$	2,605	$	3,055
Cost of goods sold	543		815
Gross profit	2,062		2,240
Selling, general and administrative expenses	1,635		1,475
(Gain) / Loss on sale of assets	(1,682)		—
Income (Loss) from operations	$	2,109	$	765
Interest expense	—		(327)
Other income (expense)	26		—
Income tax expense	(95)		—
Income (Loss) from discontinued operations	$	2,040	$	438
Income (Loss) from discontinued operations per common share attributable to Unrivaled Brands, Inc. common stockholders - basic and diluted	$	0.00	$	0.00

Schedule of Assets and Liabilities for Discontinued Operations

The carrying amounts of the major classes of assets and liabilities for the discontinued operations are as follows:

	(in thousands)
	March 31, 2022		December 31, 2021
Cash	$	863	$	1,544
Accounts receivable, net	2,261		1,553
Inventory	2,434		1,359
Prepaid expenses and other assets	86		39
Property, equipment and leasehold improvements, net	4,516		17,661
Other assets	300		323
Assets of discontinued operations	$	10,460	$	22,479
Accounts payable and accrued expenses	$	1,198	$	1,170
Income taxes payable	1,012		917
Long-term lease liabilities	150		184
Liabilities of discontinued operations	$	2,360	$	2,271