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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
Net sales $ 21,924 $ 19,982 $ 60,916 $ 53,005
Cost of sales (excluding amortization, shown separately below) 7,104 6,453 17,418 14,981
Gross Profit 14,820 13,529 43,498 38,024
Research and development expenses 3,496 2,895 6,794 5,537
Selling, general and administrative expenses 13,620 12,722 27,171 26,431
Amortization of intangibles 10,499 10,936 21,262 21,893
Grant income 0 (2,974) 0 (2,974)
Operating loss (12,795) (10,050) (11,729) (12,863)
Other (expense) income (46) (7) 14,352 1,500
Gain on foreign currency exchange 921 449 1,354 1,076
Interest expense, net (5,216) (6,513) (11,106) (13,479)
Loss before income taxes (17,136) (16,121) (7,129) (23,766)
Income taxes expense (benefit) 144 630 1,967 (3,201)
Net loss including non-controlling interest (17,280) (16,751) (9,096) (20,565)
Less: Net (loss) income attributable to non-controlling interests (20) 130 (259) 33
Net loss attributable to AgroFresh Solutions, Inc. (17,260) (16,881) (8,837) (20,598)
Less: Dividends on convertible preferred stock 6,327 0 12,332 0
Net loss attributable to AgroFresh Solutions, Inc. common stockholders $ (23,587) $ (16,881) $ (21,169) $ (20,598)
Loss per share of common shares:        
Basic (in dollars per share) $ (0.46) $ (0.33) $ (0.41) $ (0.41)
Diluted (in dollars per share) $ (0.46) $ (0.33) $ (0.41) $ (0.41)
Weighted average shares of common stock outstanding:        
Basic (in shares) 51,348,000 50,758,000 51,191,000 50,647,000
Diluted (in shares) 51,348,000 50,758,000 51,191,000 50,647,000