XML 31 R4.htm IDEA: XBRL DOCUMENT v3.22.2
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Sales $ 5,123 $ 3,618 $ 8,903 $ 6,861
Less customer programs and excise taxes 266 173 306 268
Net sales 4,857 3,445 8,597 6,593
Cost of sales 3,405 2,536 6,198 5,141
Gross profit 1,452 909 2,399 1,452
Operating expenses:        
Sales and marketing expenses 729 697 1,376 1,554
General and administrative expenses 1,748 1,605 3,678 3,529
Loss on disposal of property and equipment 101 101 61
Total operating expenses 2,578 2,302 5,155 5,144
Loss from operations (1,126) (1,393) (2,756) (3,692)
Other income (expense), net        
Interest expense (762) (345) (1,168) (471)
Other income 100 17 100 2,217
Total other income (expense), net (662) (328) (1,068) 1,746
Loss before income taxes (1,788) (1,721) (3,824) (1,946)
Provision for income taxes
Net loss from continuing operations (1,788) (1,721) (3,824) (1,946)
Net income (loss) from discontinued operations (47) 3,886
Net income (loss) (1,788) (1,768) (3,824) 1,940
Preferred stock dividends (36) (75)
Net income (loss) attributable to common shareholders $ (1,824) $ (1,768) $ (3,899) $ 1,940
Basic net income (loss) per common share $ (0.12) $ (0.14) $ (0.26) $ 0.17
Diluted net income (loss) per common share $ (0.12) $ (0.14) $ (0.26) $ 0.13
Basic weighted average common shares outstanding 15,270 12,262 15,090 11,683
Diluted weighted average common shares outstanding 15,270 12,262 15,090 14,401