v3.25.1
Unaudited Interim Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Statement of Comprehensive Income [Abstract]    
Revenue, net $ 70,997 $ 80,633
Cost of sales 34,194 41,902
Gross profit 36,803 38,731
Operating expenses:    
General and administrative 26,380 28,008
Amortization and depreciation 1,764 2,215
Impairment of property and equipment and right of use assets   2,438
Total operating expenses 28,144 32,661
Income from operations 8,659 6,070
Other expense (income)    
Finance and other expenses 8,413 8,589
Unrealized and realized loss on investments 742 0
Loss from revaluation of contingent consideration 381 1,393
(Gain) loss on fair value of derivative liabilities and purchase option derivative assets (97) 983
Unrealized and realized foreign exchange loss 42 285
Loss from operations before provision for income taxes (822) (5,180)
Provision for income taxes 11,447 9,671
Net loss (12,269) (14,851)
Foreign currency translation adjustment (14) (398)
Comprehensive loss (12,255) (14,453)
Net loss attributable to:    
Common and proportionate Shareholders of the Company (13,571) (17,055)
Non-controlling interests 1,302 2,204
Comprehensive loss attributable to:    
Common and proportionate Shareholders of the Company (13,557) (16,657)
Non-controlling interests $ 1,302 $ 2,204
Net loss per share - basic $ (0.05) $ (0.06)
Net loss per share - diluted $ (0.05) $ (0.06)
Weighted average number of outstanding common shares, basic 293,122,312 290,618,567
Weighted average number of outstanding common shares, diluted 293,122,312 290,618,567

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