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CONDENSED CONSOLIDATED INTERIM STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
REVENUE        
Revenue from sale of goods $ 25,488 $ 24,452 $ 48,571 $ 44,532
Real estate income 2,951 2,669 5,916 5,559
Total revenues 28,439 27,121 54,487 50,091
Cost of goods sold (16,123) (10,816) (28,717) (19,941)
Gross profit 12,316 16,305 25,770 30,150
OPERATING EXPENSES        
Selling and marketing expenses 6,327 6,714 11,493 11,871
General and administrative expenses 6,566 5,083 14,210 10,248
Depreciation and amortization 1,123 861 1,970 1,635
Transaction and restructuring related expenses 2,009 0 2,009 0
Equity based compensation 390 2,979 1,428 5,375
Total operating expenses 16,415 15,637 31,110 29,129
(Loss) Income from operations (4,099) 668 (5,340) 1,021
Other income (expense)        
Interest income 0 8 2 11
Interest expense (3,418) (2,901) (6,038) (5,362)
Amortization of loan discount upon conversion of debt to equity 0 0 0 (2,915)
Change in fair value of derivative liability 1,774 (311) 3,074 (2,843)
Change in contingent consideration payable 2,393 0 2,393 0
Loss on lease termination 0 (331) 0 (1,210)
Other (154) 0 (51) 0
Total other income (expense), net 595 (3,535) (620) (12,319)
Net loss before income taxes (3,504) (2,867) (5,960) (11,298)
Income tax expense (3,042) (3,351) (6,480) (6,004)
Net loss (6,546) (6,218) (12,440) (17,302)
Net income attributable to non-controlling interest 5 5 10 10
Net loss attributable to shareholders $ (6,551) $ (6,223) $ (12,450) $ (17,312)
Basic loss per share $ 0.01 $ 0.01 $ 0.02 $ 0.03
Diluted loss per share $ 0.01 $ 0.01 $ 0.02 $ 0.03
Weighted average number of shares outstanding, basic 636,653,975 587,218,794 628,175,765 573,108,183
Weighted average number of shares outstanding, diluted 636,653,975 587,218,794 628,175,765 573,108,183