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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Net sales $ 47,764 $ 49,178 $ 113,405 $ 110,094
Cost of sales (excluding amortization, shown separately below) 15,552 15,035 36,767 32,453
Gross profit 32,212 34,143 76,638 77,641
Research and development expenses 3,150 3,329 9,085 10,123
Selling, general and administrative expenses 13,537 12,282 39,763 39,453
Amortization of intangibles 10,606 10,830 32,032 32,092
Operating income (loss) 4,919 7,702 (4,242) (4,027)
Other (expense) income (35) (299) 479 14,053
(Loss) gain on foreign currency exchange (3,299) (918) (9,373) 436
Interest expense, net (5,664) (5,465) (15,703) (16,571)
(Loss) income before income taxes (4,079) 1,020 (28,839) (6,109)
Income taxes expense (benefit) 535 208 (2,687) 2,175
Net (loss) income including non-controlling interest (4,614) 812 (26,152) (8,284)
Less: Net loss attributable to non-controlling interests (476) (182) (911) (441)
Net (loss) income attributable to AgroFresh Solutions, Inc. (4,138) 994 (25,241) (7,843)
Less: Dividends on convertible preferred stock 6,663 6,248 19,632 18,580
Net loss attributable to AgroFresh Solutions, Inc. common stockholders $ (10,801) $ (5,254) $ (44,873) $ (26,423)
Loss per share of common shares:        
Basic (in dollars per share) $ (0.21) $ (0.10) $ (0.86) $ (0.51)
Diluted (in dollars per share) $ (0.21) $ (0.10) $ (0.86) $ (0.51)
Weighted average shares of common stock outstanding:        
Basic (in shares) 52,400 51,583 52,077 51,323
Diluted (in shares) 52,400 51,583 52,077 51,323