v3.22.2.2
Unaudited Interim Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Statement of Comprehensive Income [Abstract]        
Revenue $ 67,726 $ 50,537 $ 183,538 $ 169,010
Excise and cultivation tax (701) (1,398) (2,050) (7,794)
Revenue, net 67,025 49,139 181,488 161,216
Cost of Sales 42,662 27,642 118,992 69,942
Gross profit 24,363 21,497 62,496 91,274
Operating expenses:        
General and administrative 29,385 21,320 85,918 62,462
Amortization and depreciation 3,032 1,947 8,666 5,664
Impairment of intangible assets 152,928   152,928 3,633
Impairment of goodwill 178,314   178,314 5,007
Total operating expenses 363,659 23,267 425,826 76,766
(Loss) income from operations (339,296) (1,770) (363,330) 14,508
Other expense (income)        
Revaluation of contingent consideration 36 (338) 189 2,652
Gain on fair value of warrants and purchase option derivative asset (5,497) (69,016) (58,555) (43,715)
Finance and other expenses 9,469 6,972 30,227 22,281
Transaction and restructuring costs 1,359 1,034 2,601 1,466
Unrealized and realized foreign exchange loss (gain) 586 (1,256) 636 4,582
Unrealized and realized (gain) loss on investments (231)   3 (6,192)
(Loss) income before provision from income taxes (345,018) 60,834 (338,431) 33,434
Provision for income taxes (34,033) 4,999 (25,602) 21,372
Net (loss) income (310,985) 55,835 (312,829) 12,062
Foreign currency translation (2,758) 1,745 1,129 (3,469)
Comprehensive (loss) income (308,227) 54,090 (313,958) 15,531
Net (loss) income attributable to:        
Common and proportionate Shareholders of the Company (313,212) 54,428 (316,352) 9,594
Non-controlling interests 2,227 1,407 3,523 2,468
Comprehensive (loss) income attributable to:        
Common and proportionate Shareholders of the Company (310,454) 52,683 (317,481) 13,063
Non-controlling interests $ 2,227 $ 1,407 $ 3,523 $ 2,468
Net (loss) income per share, basic and diluted        
Net (loss) income per share - basic $ (1.23) $ 0.30 $ (1.32) $ 0.05
Weighted average number of outstanding common and proportionate voting shares 254,355,792 184,438,592 239,567,866 179,441,224
Net (loss) income per share - diluted $ (1.23) $ 0.25 $ (1.32) $ 0.04
Weighted average number of outstanding common and proportionate voting shares, assuming dilution 254,355,792 214,134,641 239,567,866 214,756,569

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