v3.21.2
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)        
Total revenues $ 23,434,000 $ 3,053,000 $ 34,809,000 $ 9,806,000
Cost of goods sold 21,146,000 1,615,000 27,750,000 4,796,000
Gross profit 2,288,000 1,438,000 7,059,000 5,010,000
Selling, general and administrative expenses 13,516,000 5,588,000 33,841,000 20,409,000
Impairment of assets 0 9,792,000 0 19,910,000
(Gain) / Loss on sale of assets 0 0 (6,000) 35,000
Loss from operations (11,227,000) (13,943,000) (26,788,000) (35,273,000)
Other income (expense):        
(Gain) / Loss on Extinguishment of Debt 185,000 0 (5,976,000) 0
Interest expense, net (740,000) (529,000) (1,344,000) (1,885,000)
Other income/loss 5,000 372,000 367,000 349,000
Gain (loss) on investments 0 0 5,337,000 0
Total other income (expense) (550,000) (157,000) (1,616,000) (1,536,000)
Income (Loss) from continuing operations 11,777,000 (14,100,000) (28,404,000) (36,809,000)
Income (Loss) from discontinued operations, net of tax 6,312,000 (4,199,000) 6,270,000 (17,342,000)
NET INCOME (LOSS) 5,465,000 (18,299,000) (22,134,000) (54,151,000)
Less: Income (Loss) attributable to non-controlling interest from continuing operations (118,000) (138,000) (604,000) (479,000)
Less: Income (Loss) attributable to non-controlling interest from discontinued operations 0 0 0 0
NET LOSS ATTRIBUTABLE TO UNRIVALED BRANDS, INC. $ (5,347,000) $ (18,161,000) $ (21,530,000) $ (53,672,000)
Income / ( Loss) from continuing operations per common share attributable to Unrivaled Brands, Inc. common stockholders - basic and diluted $ 0.03 $ (0.07) $ (0.09) $ (0.20)
Net Loss per common share attributable to Unrivaled Brands, Inc. common stockholders - basic and diluted $ 0.01 $ (0.09) $ (0.07) $ (0.29)
Weighted-average number of common shares outstanding - basic and diluted 457,745,655 206,828,614 317,491,979 186,295,127

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