Arcadia Wellness Acquisition (Tables)

12 Months Ended

Dec. 31, 2021

Business Combinations [Abstract]

Schedule of Preliminary Allocation of the Purchase Price of ISI Assets Acquired Based on Fair Values

The following table presents the allocation of the purchase price of ISI assets acquired, based on their fair values.

	Purchase Price Allocation
Inventory	$	511
Intangible assets, net		400
Goodwill		408
Deferred tax liability		(107	)
Total consideration allocated	$	1,212

The following table presents the allocation of the purchase price of the assets acquired, based on their fair values at December 31, 2021.

	Purchase Price Allocation
Inventory	$	840
Prepaid and other current assets		62
Fixed assets		308
Deposits		82
Customer list		360
Trade names and trademarks		2,900
Formulations		260
Goodwill		1,240
Total consideration allocated	$	6,052

Schedule of Unaudited Pro-forma Condensed Consolidated Results of Operations

The following unaudited pro-forma condensed consolidated results of operations for the years ended December 31, 2021 and 2020, have been prepared as if the acquisition of Arcadia Wellness had occurred on January 1, 2020 and includes adjustments for amortization of intangibles, and the addition to basic and diluted weighted average number of shares outstanding.

	For the year ended December 31,
	2021 (Pro forma)			2020 (Pro forma)
Total revenues	$	9,062		$	14,684
Net loss		(17,854	)		(8,152	)
Net loss attributable to common stockholders	$	(16,380	)	$	(6,781	)
Weighted average shares - Basic and diluted		21,590,895			10,786,418
Net loss per share attributable to common stockholders:
Basic and diluted	$	(0.76	)	$	(0.63	)