v3.21.2
Condensed Consolidated Statements of Comprehensive Income / (Loss) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
Revenues $ 24,834 $ 20,534 $ 48,125 $ 47,636
Cost of goods sold 7,229 9,469 13,467 18,693
Gross profit 17,605 11,065 34,658 28,943
Operating Expenses:        
Marketing, general and administrative 25,541 32,148 51,701 69,341
Research and development 3,183 3,274 6,059 7,556
Gain on acquisition contingency (2,236) (130) (2,287) (130)
Asset impairment and abandonments 2,206 882 4,382 2,761
Transaction and integration expenses 2,188 6 2,510 2,415
Total operating expenses 30,882 36,180 62,365 81,943
Operating loss (13,277) (25,115) (27,707) (53,000)
Other (income) expense - net:        
Other (income) expense - net (101) (21) (105) (71)
Foreign exchange (gain) loss (95) (195) 450 49
Change in fair value of warrant liability (2,523)   (2,523)  
Total other (income) expense - net (2,719) (216) (2,178) (22)
(Loss) before income tax provision (benefit) (10,558) (24,899) (25,529) (52,978)
Income tax provision (benefit) 81 47 300 (3,492)
Net loss from continuing operations (10,639) (24,946) (25,829) (49,486)
Discontinued operations (Note 3)        
(Loss) from operations of discontinued operations (6,316) (16,963) (6,316) (10,286)
Income tax (benefit) (763) (3,345) (763) (3,345)
Net (loss) from discontinued operations (5,553) (13,618) (5,553) (6,941)
Net (loss) applicable to common shares (16,192) (38,564) (31,382) (56,427)
Other comprehensive loss (gain):        
Unrealized foreign currency translation loss (gain) 35 (298) (36) 72
Comprehensive loss $ (16,227) $ (38,266) $ (31,346) $ (56,499)
Net loss from continuing operations per common share - basic $ (0.09) $ (0.34) $ (0.24) $ (0.68)
Net loss from continuing operations per common share - diluted (0.09) (0.34) (0.24) (0.68)
Net loss from discontinued operations per common share - basic (0.05) (0.19) (0.05) (0.10)
Net loss from discontinued operations per common share - diluted $ (0.05) $ (0.19) $ (0.05) $ (0.10)
Weighted average shares outstanding - basic 114,271,780 72,642,215 106,279,658 72,981,134
Weighted average shares outstanding - diluted 114,271,780 72,642,215 106,279,658 72,981,134

Source