XML 47 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]            
Revenue         $ 120
Operating expenses:            
Research and development $ 1,574 $ 1,012 $ 5,329 $ 3,233 5,126 6,367
General and administrative 2,619 953 6,140 3,245 4,101 3,870
Proceeds from sale of IP (1,000) (1,000)    
Impairment         7,494
Total operating costs and expenses 3,193 1,965 10,469 6,478 9,227 17,731
Loss from operations (3,193) (1,965) (10,469) (6,478) (9,227) (17,611)
Interest (income) (28) (221) (7)
Interest expenses 481 115 227 3,312
Loss (gain) on investment 137 (243) 317 (654) (708)
Foreign exchange losses (gains), net (51) (32) 29 (118) (62) (80)
Fair value adjustment of derivative liabilities (4,517) 104 (4,547) (957) (2,131) (1,859)
Change in fair value of convertible debt 78 298 553 681
Net other (income) expenses (4,459) (314) (3,422) (1,061) (1,993) 1,366
Net (loss) income for the period before tax benefit 1,266 (1,651) (7,047) (5,417) (7,234) (18,977)
Income tax benefit 406 691 1,061 1,520 2,161 4,577
Net (loss) income 1,672 (960) (5,986) (3,897) (5,073) (14,400)
Net loss attributable to non-controlling interests (15) (15) (87)
Net (loss) income attributable to Allarity A/S common stockholders $ 1,672 $ (960) $ (5,986) $ (3,882) $ (5,058) $ (14,313)
Basic and diluted net income (loss) per common share (in Dollars per share) $ 0 $ (0.01) $ (0.02) $ (0.03) $ (0.03) $ (0.23)
Weighted-average number of common shares outstanding, basic (in Shares) 387,652,549 186,230,830 288,984,065 150,650,949    
Weighted-average number of common shares outstanding, diluted (in Shares) 397,201,067 194,948,069 299,740,036 159,368,188    
Other comprehensive income (loss), net of tax: $ 1,672 $ (960) $ (5,986) $ (3,897)    
Weighted-average number of common shares outstanding, basic and diluted (in Shares)         172,723,125 63,407,230
Other comprehensive loss, net of tax:            
Change in cumulative translation adjustment (939) 1,130 (1,785) 1,212 $ 2,452 $ (465)
Change in fair value attributable to instrument specific credit risk (9) 6 9
Total comprehensive gain (loss) 733 170 (7,780) (2,679) (2,612) (14,865)
Less comprehensive gain (loss) attributable to non-controlling interests (15) (15) (165)
Comprehensive income (loss) attributable to Allarity A/S common stockholders $ 733 $ 170 $ (7,780) $ (2,664) $ (2,597) $ (14,700)