| Schedule of Segment Reporting |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the three months ended June 30, 2023 |
|
|
Cannabis |
|
Accessories |
|
Corporate |
|
Other |
|
Total |
Revenue |
|
|
12,925 |
|
$ |
28,833 |
|
$ |
— |
|
$ |
— |
|
$ |
41,758 |
Inter-segment revenue |
|
|
— |
|
|
(159) |
|
|
— |
|
|
— |
|
|
(159) |
Net revenue |
|
$ |
12,925 |
|
$ |
28,674 |
|
$ |
— |
|
$ |
— |
|
$ |
41,599 |
Share-based compensation |
|
|
— |
|
|
— |
|
|
(1,072) |
|
|
(1,286) |
|
|
(2,358) |
Depreciation and amortization |
|
|
821 |
|
|
3,246 |
|
|
628 |
|
|
17 |
|
|
4,712 |
Wages and benefits |
|
|
1,899 |
|
|
1,335 |
|
|
2,637 |
|
|
— |
|
|
5,871 |
Impairment loss |
|
|
3,208 |
|
|
16 |
|
|
986 |
|
|
737 |
|
|
4,947 |
Interest expense |
|
|
1,377 |
|
|
621 |
|
|
3,400 |
|
|
68 |
|
|
5,466 |
Loan receivable losses |
|
|
— |
|
|
— |
|
|
277 |
|
|
4,923 |
|
|
5,200 |
Net loss |
|
$ |
(16,387) |
|
$ |
(2,840) |
|
$ |
(4,587) |
|
$ |
(4,523) |
|
$ |
(28,337) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the three months ended June 30, 2022 |
|
|
Cannabis |
|
Accessories |
|
Corporate |
|
Other |
|
Total |
Revenue |
|
$ |
12,223 |
|
$ |
35,084 |
|
$ |
— |
|
$ |
— |
|
$ |
47,307 |
Inter-segment revenue |
|
|
— |
|
|
(252) |
|
|
— |
|
|
— |
|
|
(252) |
Net revenue |
|
$ |
12,223 |
|
$ |
34,832 |
|
$ |
— |
|
$ |
— |
|
$ |
47,055 |
Share-based compensation |
|
|
— |
|
|
— |
|
|
525 |
|
|
261 |
|
|
786 |
Depreciation and amortization |
|
|
647 |
|
|
3,709 |
|
|
13 |
|
|
191 |
|
|
4,560 |
Wages and benefits |
|
|
1,719 |
|
|
1,252 |
|
|
3,364 |
|
|
— |
|
|
6,335 |
Impairment loss |
|
|
— |
|
|
6,669 |
|
|
— |
|
|
— |
|
|
6,669 |
Interest expense |
|
|
601 |
|
|
602 |
|
|
2,593 |
|
|
— |
|
|
3,796 |
Loan losses |
|
|
— |
|
|
— |
|
|
504 |
|
|
— |
|
|
504 |
Net income (loss) |
|
$ |
(1,940) |
|
$ |
(11,048) |
|
$ |
6,103 |
|
$ |
(169) |
|
$ |
(7,054) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the six months ended June 30, 2023 |
|
|
Cannabis |
|
Accessories |
|
Corporate |
|
Other |
|
Total |
Revenue |
|
$ |
25,886 |
|
$ |
58,246 |
|
$ |
— |
|
$ |
— |
|
$ |
84,132 |
Inter-segment revenue |
|
|
— |
|
|
(269) |
|
|
— |
|
|
— |
|
|
(269) |
Net revenue |
|
$ |
25,886 |
|
$ |
57,977 |
|
$ |
— |
|
$ |
— |
|
$ |
83,863 |
Share-based compensation |
|
|
— |
|
|
— |
|
|
(831) |
|
|
(1,234) |
|
|
(2,065) |
Depreciation and amortization |
|
|
1,615 |
|
|
6,484 |
|
|
642 |
|
|
100 |
|
|
8,841 |
Wages and benefits |
|
|
4,120 |
|
|
2,608 |
|
|
4,927 |
|
|
— |
|
|
11,655 |
Impairment loss |
|
|
3,256 |
|
|
16 |
|
|
1,126 |
|
|
737 |
|
|
5,135 |
Interest expense |
|
|
2,733 |
|
|
1,263 |
|
|
5,494 |
|
|
68 |
|
|
9,558 |
Loan losses |
|
|
— |
|
|
— |
|
|
665 |
|
|
4,923 |
|
|
5,588 |
Net income (loss) |
|
$ |
(23,035) |
|
$ |
(5,490) |
|
$ |
(8,200) |
|
$ |
3,522 |
|
$ |
(33,203) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the six months ended June 30, 2022 |
|
|
Cannabis |
|
Accessories |
|
Corporate |
|
Other |
|
Total |
Revenue |
|
$ |
23,482 |
|
$ |
66,708 |
|
$ |
— |
|
$ |
— |
|
$ |
90,190 |
Inter-segment revenue |
|
|
— |
|
|
(783) |
|
|
— |
|
|
— |
|
|
(783) |
Net revenue |
|
$ |
23,482 |
|
$ |
65,925 |
|
$ |
— |
|
$ |
— |
|
$ |
89,407 |
Share-based compensation |
|
|
— |
|
|
— |
|
|
1,494 |
|
|
518 |
|
|
2,012 |
Depreciation and amortization |
|
|
1,295 |
|
|
7,409 |
|
|
27 |
|
|
387 |
|
|
9,118 |
Wages and benefits |
|
|
3,251 |
|
|
2,420 |
|
|
5,832 |
|
|
— |
|
|
11,503 |
Impairment loss |
|
|
697 |
|
|
6,669 |
|
|
— |
|
|
— |
|
|
7,366 |
Interest expense |
|
|
688 |
|
|
840 |
|
|
5,049 |
|
|
— |
|
|
6,577 |
Loan losses |
|
|
— |
|
|
— |
|
|
1,021 |
|
|
— |
|
|
1,021 |
Net income (loss) |
|
$ |
(3,161) |
|
$ |
(15,749) |
|
$ |
723 |
|
$ |
(501) |
|
$ |
(18,688) |
|
| Schedule of Revenue by Geographic Area |
|
|
|
|
|
|
|
|
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|
|
For the three months ended June 30, 2023 |
|
|
US |
|
Canada |
|
Other |
|
Total |
Revenue |
|
$ |
36,232 |
|
$ |
5,361 |
|
$ |
6 |
|
$ |
41,599 |
Gross profit |
|
|
2,607 |
|
|
1,433 |
|
|
- |
|
|
4,040 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the three months ended June 30, 2022 |
|
|
US |
|
Canada |
|
Other |
|
Total |
Revenue |
|
$ |
43,370 |
|
$ |
3,585 |
|
$ |
100 |
|
$ |
47,055 |
Gross profit |
|
|
9,963 |
|
|
940 |
|
|
42 |
|
|
10,945 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the six months ended June 30, 2023 |
|
|
US |
|
Canada |
|
Other |
|
Total |
Revenue |
|
$ |
74,407 |
|
$ |
9,441 |
|
$ |
15 |
|
$ |
83,863 |
Gross profit |
|
|
10,397 |
|
|
2,435 |
|
|
4 |
|
|
12,836 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the six months ended June 30, 2022 |
|
|
US |
|
Canada |
|
Other |
|
Total |
Revenue |
|
$ |
83,277 |
|
$ |
5,880 |
|
$ |
250 |
|
$ |
89,407 |
Gross profit |
|
|
18,590 |
|
|
1,609 |
|
|
99 |
|
|
20,298 |
|