XML 15 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Net sales $ 18,109 $ 12,212 $ 37,570 $ 28,641
Cost of sales 13,273 9,388 25,615 20,653
Gross profit 4,836 2,824 11,955 7,988
Operating costs and expenses:        
Selling expenses 737 341 1,626 624
General and administrative expenses 1,312 2,728 4,971 9,586
Income (loss) from operations 2,787 (245) 5,358 (2,222)
Other income (expense):        
Interest expense, net (2,241) (2,148) (4,410) (4,306)
Gain (loss) on change in derivative liabilities 0 886 0 (143)
Other income 536 145 517 145
Total other expense (1,705) (1,117) (3,893) (4,304)
Income (loss) before income taxes 1,082 (1,362) 1,465 (6,526)
Provision for income taxes 0 0 0 0
Total net income (loss) $ 1,082 $ (1,362) $ 1,465 $ (6,526)
Weighted average number of common shares outstanding - basic (in shares) 259,092,833 257,210,800 259,606,931 256,985,474
Net income (loss) per common share - basic (in dollars per share) $ 0.01 $ (0.01) $ 0.01 $ (0.03)
Weighted average number of common shares outstanding - diluted (in shares) 259,092,833 258,235,795 259,606,931 256,985,474
Net income (loss) per common share - diluted (in dollars per share) $ 0.01 $ (0.01) $ 0.01 $ (0.03)