v3.21.2
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)        
Total revenues $ 6,262,000 $ 2,706,000 $ 11,375,000 $ 6,753,000
Cost of goods sold 3,924,000 1,458,000 6,604,000 3,181,000
Gross profit 2,338,000 1,248,000 4,771,000 3,572,000
Selling, general and administrative expenses 6,188,000 6,279,000 20,325,000 14,820,000
Impairment of assets 0 4,998,000 0 10,118,000
Loss (gain) on sale of assets 6,000 0 6,000 (35,000)
Loss from operations (3,856,000) (10,029,000) (15,560,000) (21,331,000)
Other income (expense):        
Loss on extinguishment of debt 0 0 (6,161,000) 0
Interest expense, net (204,000) (454,000) (604,000) (1,356,000)
Other income/loss 17,000 (89,000) 362,000 (23,000)
Gain (loss) on sale of investment (874,000) 0 5,337,000 0
Total other income (expense) (1,061,000) (543,000) (1,066,000) (1,379,000)
Loss from continuing operations (4,917,000) (10,572,000) (16,626,000) (22,710,000)
Loss from discontinued operations, net of tax (56,000) (7,908,000) (42,000) (13,143,000)
NET LOSS (4,973,000) (18,480,000) (16,669,000) (35,853,000)
Less: Income (loss) attributable to non-controlling interest from continuing operations (868,000) (298,000) (486,000) (341,000)
NET LOSS ATTRIBUTABLE TO UNRIVALED BRANDS, INC. $ (4,105,000) $ (18,182,000) $ (16,183,000) $ (35,512,000)
Loss from continuing operations per common share attributable to Unrivaled Brands, Inc. common stockholders - basic and diluted $ (0.02) $ (0.06) $ (0.07) $ (0.13)
Net Loss per common share attributable to Unrivaled Brands Inc. common stockholders - basic and diluted $ (0.02) $ (0.10) $ (0.07) $ (0.20)
Weighted-average number of common shares outstanding - basic and diluted 258,897,777 186,068,175 248,066,926 174,781,579

Source