Annual report pursuant to Section 13 and 15(d)

Reportable Segments and Revenue (Tables)

v3.22.4
Reportable Segments and Revenue (Tables)
12 Months Ended
Dec. 31, 2022
Reportable Segments and Revenue  
Schedule of segment reporting information

The following tables present the operating results of the Company’s segments:

For the year ended December 31, 2022

    

Cannabis

    

Accessories

    

Corporate

    

Other

    

Total

Revenue

$

48,029

$

127,665

$

$

$

175,694

Inter-segment revenue

(1,506)

(1,506)

Net revenue

$

48,029

$

126,159

$

$

$

174,188

Share-based compensation

2,465

862

3,327

Depreciation and amortization

2,715

14,803

54

780

18,352

Wages and benefits

7,478

4,860

9,707

22,045

Impairment loss

16,288

45,625

175

55

62,143

Interest expense

3,391

1,742

9,108

14,241

Loan losses

1,677

1,677

Net loss

(20,182)

(63,082)

(22,451)

(1,749)

(107,464)

For the year ended December 31, 2021

    

Cannabis

    

Accessories

    

Corporate

    

Other

    

Total

Revenue

$

41,923

$

161,662

$

$

$

203,585

Inter-segment revenue

(880)

(880)

Net revenue

$

41,923

$

160,782

$

$

$

202,705

Share-based compensation

3,804

3,804

Depreciation and amortization

2,313

14,750

141

653

17,857

Wages and benefits

3,775

4,881

8,751

17,407

Impairment loss

4,987

25,040

371

30,398

Interest expense

660

424

9,283

10,367

Loan losses

4,562

4,562

Net loss

(3,277)

(25,074)

(6,207)

(568)

(35,126)

Schedule of revenue by geographic information

The following table presents financial information relating to geographic areas in which the Company operated for the years ended December 31, 2022 and 2021, respectively:

For the year ended December 31, 2022

US

Canada

Other

Total

Revenue

$

160,977

$

12,771

$

440

$

174,188

Gross profit

34,298

3,695

175

38,168

For the year ended December 31, 2021

US

Canada

Other

Total

Revenue

$

189,194

$

13,222

$

289

$

202,705

Gross profit

46,535

3,555

113

50,203