| Schedule of Segment Reporting |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
|
Three Months Ended September 30, 2023 |
|
|
Cannabis |
|
Accessories |
|
Corporate |
|
Other |
|
Total |
Revenue |
|
$ |
11,738 |
|
$ |
33,010 |
|
$ |
— |
|
$ |
— |
|
$ |
44,748 |
Inter-segment revenue |
|
|
— |
|
|
(193) |
|
|
— |
|
|
— |
|
|
(193) |
Net revenue |
|
$ |
11,738 |
|
$ |
32,817 |
|
$ |
— |
|
$ |
— |
|
$ |
44,555 |
Share-based compensation |
|
|
— |
|
|
— |
|
|
190 |
|
|
— |
|
|
190 |
Depreciation and amortization |
|
|
655 |
|
|
3,236 |
|
|
— |
|
|
— |
|
|
3,891 |
Wages and benefits |
|
|
1,884 |
|
|
1,518 |
|
|
1,305 |
|
|
— |
|
|
4,707 |
Impairment loss |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
Interest expense |
|
|
1,817 |
|
|
680 |
|
|
3,872 |
|
|
— |
|
|
6,369 |
Loan receivable losses |
|
|
— |
|
|
— |
|
|
1 |
|
|
13 |
|
|
14 |
Net loss |
|
$ |
(4,365) |
|
$ |
(1,311) |
|
$ |
(3,456) |
|
$ |
469 |
|
$ |
(8,663) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended September 30, 2022 |
|
|
Cannabis |
|
Accessories |
|
Corporate |
|
Other |
|
Total |
Revenue |
|
$ |
12,175 |
|
$ |
28,799 |
|
$ |
— |
|
$ |
— |
|
$ |
40,974 |
Inter-segment revenue |
|
|
— |
|
|
(487) |
|
|
— |
|
|
— |
|
|
(487) |
Net revenue |
|
$ |
12,175 |
|
$ |
28,312 |
|
$ |
— |
|
$ |
— |
|
$ |
40,487 |
Share-based compensation |
|
|
— |
|
|
— |
|
|
418 |
|
|
115 |
|
|
533 |
Depreciation and amortization |
|
|
672 |
|
|
3,712 |
|
|
13 |
|
|
197 |
|
|
4,594 |
Wages and benefits |
|
|
1,912 |
|
|
1,159 |
|
|
1,810 |
|
|
— |
|
|
4,881 |
Impairment loss |
|
|
— |
|
|
— |
|
|
175 |
|
|
— |
|
|
175 |
Interest expense |
|
|
1,350 |
|
|
402 |
|
|
2,398 |
|
|
— |
|
|
4,150 |
Loan losses |
|
|
— |
|
|
— |
|
|
133 |
|
|
— |
|
|
133 |
Net loss |
|
$ |
(4,513) |
|
$ |
(1,739) |
|
$ |
(9,297) |
|
$ |
(142) |
|
$ |
(15,691) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine Months Ended September 30, 2023 |
|
|
Cannabis |
|
Accessories |
|
Corporate |
|
Other |
|
Total |
Revenue |
|
$ |
37,624 |
|
$ |
91,256 |
|
$ |
— |
|
$ |
— |
|
$ |
128,880 |
Inter-segment revenue |
|
|
— |
|
|
(462) |
|
|
— |
|
|
— |
|
|
(462) |
Net revenue |
|
$ |
37,624 |
|
$ |
90,794 |
|
$ |
— |
|
$ |
— |
|
$ |
128,418 |
Share-based compensation |
|
|
— |
|
|
— |
|
|
(641) |
|
|
(1,234) |
|
|
(1,875) |
Depreciation and amortization |
|
|
2,270 |
|
|
9,720 |
|
|
642 |
|
|
100 |
|
|
12,732 |
Wages and benefits |
|
|
6,004 |
|
|
4,126 |
|
|
6,232 |
|
|
— |
|
|
16,362 |
Impairment loss |
|
|
3,256 |
|
|
16 |
|
|
1,126 |
|
|
737 |
|
|
5,135 |
Interest expense |
|
|
4,550 |
|
|
1,943 |
|
|
9,366 |
|
|
68 |
|
|
15,927 |
Loan losses |
|
|
— |
|
|
— |
|
|
666 |
|
|
4,936 |
|
|
5,602 |
Net income (loss) |
|
$ |
(27,400) |
|
$ |
(6,801) |
|
$ |
(11,656) |
|
$ |
3,991 |
|
$ |
(41,866) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine Months Ended September 30, 2022 |
|
|
Cannabis |
|
Accessories |
|
Corporate |
|
Other |
|
Total |
Revenue |
|
$ |
35,657 |
|
$ |
95,507 |
|
$ |
— |
|
$ |
— |
|
$ |
131,164 |
Inter-segment revenue |
|
|
— |
|
|
(1,270) |
|
|
— |
|
|
— |
|
|
(1,270) |
Net revenue |
|
$ |
35,657 |
|
$ |
94,237 |
|
$ |
— |
|
$ |
— |
|
$ |
129,894 |
Share-based compensation |
|
|
— |
|
|
— |
|
|
1,912 |
|
|
633 |
|
|
2,545 |
Depreciation and amortization |
|
|
1,967 |
|
|
11,121 |
|
|
40 |
|
|
584 |
|
|
13,712 |
Wages and benefits |
|
|
5,163 |
|
|
3,579 |
|
|
7,642 |
|
|
— |
|
|
16,384 |
Impairment loss |
|
|
697 |
|
|
6,669 |
|
|
175 |
|
|
— |
|
|
7,541 |
Interest expense |
|
|
2,038 |
|
|
1,242 |
|
|
7,447 |
|
|
— |
|
|
10,727 |
Loan losses |
|
|
— |
|
|
— |
|
|
1,154 |
|
|
— |
|
|
1,154 |
Net loss |
|
$ |
(7,674) |
|
$ |
(17,488) |
|
$ |
(8,574) |
|
$ |
(643) |
|
$ |
(34,379) |
|
| Schedule of Revenue by Geographic Area |
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|
|
|
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|
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|
|
Three Months Ended September 30, 2023 |
|
|
US |
|
Canada |
|
Other |
|
Total |
Revenue |
|
$ |
38,803 |
|
$ |
5,752 |
|
$ |
- |
|
$ |
44,555 |
Gross profit |
|
|
6,292 |
|
|
1,668 |
|
|
- |
|
|
7,960 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended September 30, 2022 |
|
|
US |
|
Canada |
|
Other |
|
Total |
Revenue |
|
$ |
36,599 |
|
$ |
3,806 |
|
$ |
82 |
|
$ |
40,487 |
Gross profit |
|
|
8,392 |
|
|
1,111 |
|
|
34 |
|
|
9,537 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine Months Ended September 30, 2023 |
|
|
US |
|
Canada |
|
Other |
|
Total |
Revenue |
|
$ |
113,210 |
|
$ |
15,193 |
|
$ |
15 |
|
$ |
128,418 |
Gross profit |
|
|
16,689 |
|
|
4,103 |
|
|
4 |
|
|
20,796 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine Months Ended September 30, 2022 |
|
|
US |
|
Canada |
|
Other |
|
Total |
Revenue |
|
$ |
119,876 |
|
$ |
9,686 |
|
$ |
332 |
|
$ |
129,894 |
Gross profit |
|
|
26,982 |
|
|
2,720 |
|
|
133 |
|
|
29,835 |
|