v3.22.1
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]    
Total revenues $ 20,725 $ 2,057
Cost of goods sold 14,292 1,866
Gross profit 6,433 191
Selling, general and administrative expenses 18,767 12,650
Gain on sale of assets (198) 0
Loss from operations (12,136) (12,459)
Other income (expense):    
Gain (loss) on extinguishment of debt 542 (6,161)
Interest expense, net (1,766) (71)
Other income 1,034 345
Gain on investments 0 6,212
Total other income (expense) (190) 325
Loss from continuing operations, before provision for income taxes (12,326) (12,134)
Provision for income taxes for continuing operations 1,688 0
Net income (loss) from continuing operations (10,638) (12,134)
Income from discontinued operations, before provision for income taxes 2,135 438
Provision for income taxes for discontinued operations (95) 0
Net income (loss) from discontinued operations 2,040 438
NET LOSS (8,598) (11,696)
Less: Income (loss) attributable to non-controlling interest from continuing operations 0 0
Less: Income (loss) attributable to non-controlling interest from discontinued operations 275 381
NET LOSS ATTRIBUTABLE TO UNRIVALED BRANDS, INC. $ (8,873) $ (12,077)
Loss from continuing operations per common share attributable to Unrivaled Brands, Inc. common stockholders – basic (in dollars per share) $ (0.02) $ (0.05)
Loss from continuing operations per common share attributable to Unrivaled Brands, Inc. common stockholders – diluted (in dollars per share) (0.02) (0.05)
Net Loss per common share attributable to Unrivaled Brands, Inc. common stockholders – basic (in dollars per share) (0.02) (0.05)
Net Loss per common share attributable to Unrivaled Brands, Inc. common stockholders – diluted (in dollars per share) $ (0.02) $ (0.05)
Weighted-average number of common shares outstanding – basic (in shares) 561,818,857 237,752,273
Weighted-average number of common shares outstanding – diluted (in shares) 561,818,857 237,752,273

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