XML 18 R4.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]    
Revenue, net $ 59,859 $ 12,087
Cost of goods sold 54,625 11,517
Gross profit 5,234 570
Selling, general and administrative 34,970 9,832
Research and development 3,925 3,354
Change in contingent consideration 1,412
Total operating expenses 40,307 13,186
Loss from operations (35,073) (12,616)
Interest income (expense), net 74 (481)
Other expenses (31)
Gain (loss) on extinguishment of notes payable 2,685 (5,618)
Gain on forgiveness of PPP loan 45
Change in fair value of derivative liabilities (2,924)
Other income (expense), net 2,773 (9,023)
Net loss before income taxes (32,300) (21,639)
Income tax provision 25
Net loss (32,325) (21,639)
Income (loss) attributable to non-controlling interest 140 (22)
Net loss attributable to Agrify Corporation $ (32,465) $ (21,617)
Net loss per share attributable to common stockholders – basic and diluted (in Dollars per share) $ (1.69) $ (5.32)
Weighted average common shares outstanding – basic and diluted (in Shares) 19,090,932 4,175,176