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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
REVENUE    
Total revenues, net $ 55,963 $ 56,879
Total cost of goods sold (29,378) (27,369)
Gross profit 26,585 29,510
OPERATING EXPENSES    
General and administrative 10,512 8,387
Compensation expense 12,203 14,195
Equity-based compensation expense 984 4,159
Marketing 744 697
Impairments, net 0 2,138
Write down of assets held-for-sale 0 874
Legal recoveries 0 (25)
Depreciation and amortization 997 1,807
Total operating expenses 25,440 32,232
Net operating income (loss) 1,145 (2,722)
Loss from investments, net (342) 1,133
Interest income from loans receivable 16 417
Interest expense (8,074) (4,781)
Other loss, net (1,553) (10)
Total other loss (9,953) (3,241)
Loss before income taxes (8,808) (5,963)
Income tax expense (7,349) (7,948)
Net loss (16,157) (13,911)
Less: net loss attributable to non-controlling interests (1,567) (1,217)
Net loss attributable to Acreage Holdings, Inc. $ (14,590) $ (12,694)
Net loss per share attributable to Acreage Holdings, Inc. - basic (USD per share) $ (0.13) $ (0.12)
Net loss per share attributable to Acreage Holdings, Inc. - diluted (USD per share) $ (0.13) $ (0.12)
Weighted average shares outstanding - basic (in share) 112,546 106,900
Weighted average shares outstanding - diluted (in shares) 112,546 106,900
Retail    
REVENUE    
Total revenues, net $ 41,881 $ 41,427
Total cost of goods sold (20,414) (20,768)
Wholesale    
REVENUE    
Total revenues, net 13,998 15,172
Total cost of goods sold (8,964) (6,601)
Other    
REVENUE    
Total revenues, net $ 84 $ 280