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 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Condensed Consolidated Statements of Operations and Comprehensive Loss [Abstract]        
Net sales $ 9,941 $ 4,084 $ 22,167 $ 7,635
Cost of goods sold 5,817 2,421 13,886 4,082
Gross profit 4,124 1,663 8,281 3,553
Operating expenses:        
General and administrative 11,594 5,211 19,650 7,174
Share-based compensation 3,020 4,006 5,504 4,212
Sales and marketing 1,848 3,412 3,807 5,597
Customer service and warehousing 162 297 352 551
Total operating expenses 16,624 12,926 29,313 17,534
Loss from operations (12,500) (11,263) (21,032) (13,981)
Other expense:        
Interest expense, net 2,430 62 4,731 124
Loss on Acquisitions 0 149,988 0 149,988
Change in fair value of warrant derivative liability 3,474 193 2,095 193
Total other expense, net 5,904 150,243 6,826 150,305
Net and comprehensive loss (18,404) (161,506) (27,858) (164,286)
Preferred dividends 34 27 68 27
Net and comprehensive loss available to common stockholders $ (18,438) $ (161,533) $ (27,926) $ (164,313)
Weighted average number of shares outstanding, basic and diluted (in shares) 48,939,708 30,638,048 48,733,052 21,202,188
Loss per share, basic and diluted (in dollars per share) $ (0.38) $ (5.27) $ (0.57) $ (7.75)