Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Loss

v3.20.2
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Net sales $ 11,135 $ 3,932 $ 33,302 $ 11,567
Cost of goods sold 6,681 3,096 20,567 7,178
Gross profit 4,454 836 12,735 4,389
Operating expenses:        
General and administrative 3,648 4,856 23,298 12,031
Share-based compensation     7,047 6,708
Sales and marketing 2,396 2,856 6,203 8,452
Customer service and warehousing 148 303 500 854
Total operating expenses 7,735 10,511 37,048 28,045
Loss from operations (3,281) (9,675) (24,313) (23,656)
Other expense (income):        
Interest expense, net 2,537 41 7,268 165
Loss on extinguishment of debt 88 0 88 0
Loss on acquisitions 0 (2,612) 0 147,376
Change in fair value of warrant derivative liability (4,213) (1,079) (2,118) (886)
Total other expense (income), net (1,588) (3,650) 5,238 146,655
Net loss (1,693) (6,025) (29,551) (170,311)
Comprehensive loss (1,693) (6,025) (29,551) (170,311)
Preferred dividends 35 43 103 70
Net loss available to common stockholders (1,728) (6,068) (29,654) (170,381)
Comprehensive loss attributable to common stockholders $ (1,728) $ (6,068) $ (29,654) $ (170,381)
Weighted average number of shares outstanding, basic and diluted (in shares) 48,961,447 43,575,010 48,809,740 28,624,230
Loss per share, basic and diluted (in dollars per share) $ (0.04) $ (0.14) $ (0.61) $ (5.95)
Share-based compensation expense $ 1,543 $ 2,496 $ 7,047 $ 6,708