v3.22.2.2
Unaudited Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Net sales $ 11,865,000 $ 13,200,000 $ 45,394,000 $ 35,019,000
Cost of goods sold 7,700,000 8,762,000 31,795,000 22,407,000
Gross profit 4,165,000 4,438,000 13,599,000 12,612,000
Operating expenses:        
Selling, general and administrative 10,007,000 7,745,000 25,771,000 21,397,000
Share-based compensation 562,000 660,000 2,454,000 3,517,000
Total operating expenses 10,569,000 8,405,000 28,225,000 24,914,000
Loss from operations (6,404,000) (3,967,000) (14,626,000) (12,302,000)
Other (expense) income:        
Interest expense, net (142,000) (79,000) (324,000) (3,148,000)
Gain on extinguishment of debt, net 0 0 0 457,000
Change in fair value of warrant liabilities 0 590,000 0 23,463,000
Total other (expense) income, net (142,000) 511,000 (324,000) 20,772,000
Net (loss) income before income taxes (6,546,000) (3,456,000) (14,950,000) 8,470,000
Income tax expense 1,000 0 4,000 0
Net (loss) income available to common stockholders $ (6,547,000) $ (3,456,000) $ (14,954,000) $ 8,470,000
Weighted average number of shares outstanding, basic (in shares) 29,364,712 29,466,520 29,339,918 16,799,796
Weighted average number of shares outstanding, diluted (in shares) 29,364,712 29,466,520 29,339,918 23,685,351
Net (loss) income per share available to common stockholders, basic (in dollars per share) $ (0.22) $ (0.12) $ (0.51) $ 0.48
Net (loss) income per share available to common stockholders, diluted (in dollars per share) $ (0.22) $ (0.12) $ (0.51) $ 0.34

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