General form of registration statement for all companies including face-amount certificate companies

Consolidated Statements of Operations and Comprehensive Loss

v3.20.1
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Consolidated Statements of Operations and Comprehensive Loss [Abstract]    
Net sales $ 15,577 $ 14,785
Cost of goods sold 9,717 7,489
Gross profit 5,860 7,296
Operating expenses:    
General and administrative 19,782 6,055
Share-based compensation 10,280 431
Sales and marketing 10,138 4,981
Customer service and warehousing 1,097 987
Impairment of intangible asset 889 0
Total operating expenses 42,186 12,454
Loss from operations (36,326) (5,158)
Other expense:    
Interest expense, net (670) (868)
Loss on acquisitions (147,376) 0
Change in fair value of warrant derivative liability (90) 0
Total other expense (148,136) (868)
Net and comprehensive loss (184,462) (6,026)
Preferred dividends 109 0
Net and comprehensive loss available to common stockholders $ (184,571) $ (6,026)
Weighted average number of shares outstanding (in shares) 33,238,600 11,516,421
Loss per share, basic and diluted (in dollars per share) $ (5.55) $ (0.52)