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CONDENSED CONSOLIDATED INTERIM STATEMENTS OF OPERATIONS (unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
REVENUE        
Revenue from sale of goods $ 15,292 $ 20,110 $ 49,005 $ 67,709
Real estate income 1,840 2,892 5,625 8,747
Total revenues 17,132 23,002 54,630 76,456
Cost of goods sold (13,468) (13,722) (36,053) (38,884)
Gross profit 3,664 9,280 18,577 37,572
OPERATING EXPENSES        
Selling, general and administrative expenses 9,919 22,407 32,718 49,423
Depreciation and amortization 325 817 1,600 2,406
(Gain) Loss on disposal (1,213) 160 (1,208) 160
Transaction and restructuring related expenses 0 195 0 212
Total operating expenses 9,031 23,579 33,110 52,201
Income (loss) from continuing operations (5,367) (14,299) (14,533) (14,629)
Other income (expense):        
Interest income 5 (21) 15 0
Interest expense (2,141) (3,322) (6,332) (9,561)
Change in fair value of derivative liability 2,403 (11,931) 4,033 (11,931)
Loss on extinguishment of debt (1,343) 0 (13,095) 0
Loss on litigation settlement 0 0 0 (3)
Other (20) (1,054) (141) (2,621)
Total other expense, net (1,096) (16,328) (15,520) (24,116)
Net loss from continuing operations before income taxes (6,463) (30,627) (30,053) (38,745)
Income tax benefit (expense) 0 4,199 0 (818)
Net loss from continuing operations (6,463) (26,428) (30,053) (39,563)
Net income (loss) from discontinued operations, net of taxes 60 (35,668) 330 (45,389)
Net loss (6,403) (62,096) (29,723) (84,952)
Net income attributable to non-controlling interest 0 5 0 15
Net loss attributable to shareholders $ (6,403) $ (62,101) $ (29,723) $ (84,967)
Basic loss per share - continuing operations (in USD per share) $ (0.01) $ (0.04) $ (0.03) $ (0.06)
Diluted loss per share - continuing operations (in USD per share) (0.01) (0.04) (0.03) (0.06)
Basic loss per share - discontinued operations (in USD per share) 0 (0.05) 0 (0.07)
Diluted loss per share - discontinued operations (in USD per share) $ 0 $ (0.05) $ 0 $ (0.07)
Weighted average number of shares outstanding, basic (in shares) 913,923,993 653,080,343 886,589,101 647,329,688
Weighted average number of shares outstanding, diluted (in shares) 913,923,993 653,080,343 886,589,101 647,329,688