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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
CONSOLIDATED STATEMENTS OF OPERATIONS        
Revenue from third-parties $ 10,618 $ 250 $ 15,681 $ 950
Revenue from related parties 2 2,854 9 43,554
Total revenue 10,620 3,104 15,690 44,504
Cost of revenue from third-parties 9,906 244 14,674 751
Cost of revenue from related parties 0 0 2 467
Gross profit 714 2,860 1,014 43,286
Operating expenses:        
Selling, general and administrative expense 7,636 7,770 20,188 18,443
Research and development 1,318 0 1,318 0
Professional fees 3,968 1,389 8,096 3,918
Impairment loss 3,275 2,299 10,363 2,299
Change in fair value of contingent consideration, net (4,179) 0 (2,900) 0
Depreciation and amortization 695 806 1,651 1,420
Total operating expense 12,713 12,264 38,716 26,080
Income (loss) from operations (11,999) (9,404) (37,702) 17,206
Interest and other income (expense):        
Interest expense, net (2,014) (639) (14,061) (1,955)
Equity in income (loss) of equity method investees 7 (40) (8) (606)
Gain on disposal of subsidiaries 0 1,057 0 1,057
Loss on remeasurement of DBOT investment 0 (3,179) 0 (3,179)
Conversion expense 0 0 (2,266) 0
Other income (expense) 5,283 (100) 6,272 (156)
Income (loss) before income taxes and non-controlling interest (8,723) (12,305) (47,765) 12,367
Income tax benefit 0 0 0 514
Net income (loss)   (12,305) (47,765) 12,881
Deemed dividend related to warrant repricing 0 0 (184) 0
Net loss (income) attributable to non-controlling interest 437 (1,408) 737 (1,374)
Net income (loss) attributable to IDEX common shareholders $ (8,286) $ (13,713) $ (47,212) $ 11,507
Earnings (loss) per share        
Basic (in dollars per shares) $ (0.03) $ (0.11) $ (0.25) $ 0.10
Diluted (in dollars per shares) $ (0.03) $ (0.11) $ (0.25) $ 0.10
Weighted average shares outstanding:        
Basic (in shares) 237,535,999 127,609,748 191,976,856 113,964,933
Diluted (in shares) 237,535,999 127,609,748 191,976,856 118,319,893