XML 14 R4.htm IDEA: XBRL DOCUMENT v3.21.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Income Statement [Abstract]    
NET REVENUE $ 48,136 $ 25,628
COST OF GOODS SOLD 22,073 15,330
GROSS PROFIT 26,063 10,298
OPERATING EXPENSES:    
Sales and distribution 25,069 13,910
Research and development 2,124 2,281
General and administrative 10,976 8,003
Change in fair value of contingent earn-out liabilities 15,645  
TOTAL OPERATING EXPENSES: 53,814 24,194
OPERATING LOSS (27,751) (13,896)
INTEREST EXPENSE—net 4,420 1,109
CHANGE IN FAIR VALUE OF WARRANT LIABILITY 30,202  
LOSS ON INITIAL ISSUANCE OF WARRANT 20,147  
OTHER EXPENSE 33 25
LOSS BEFORE INCOME TAXES (82,553) (15,030)
NET LOSS $ (82,553) $ (15,030)
Net loss per share, basic and diluted $ (3.15) $ (0.99)
Weighted-average number of shares outstanding, basic and diluted 26,225,383 15,193,647