v3.24.2.u1
Unaudited Interim Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Statement of Comprehensive Income [Abstract]        
Revenue, net $ 77,523 $ 72,124 $ 158,156 $ 141,522
Cost of sales 39,840 35,898 81,742 71,396
Gross profit 37,683 36,226 76,414 70,126
Operating expenses:        
General and administrative 24,060 30,476 52,068 58,206
Amortization and depreciation 2,190 2,242 4,405 4,271
Impairment of property and equipment and right of use assets     2,438 28
Other operating (income) expense (1,186) 10 (1,186) 317
Total operating expenses 25,064 32,728 57,725 62,822
Income from operations 12,619 3,498 18,689 7,304
Other expense (income)        
Loss from revaluation of contingent consideration 1,827   3,220  
Gain on fair value of derivative liabilities and purchase option derivative assets (2,922) (215) (1,939) (653)
Finance and other expenses 8,891 8,171 17,480 18,258
Transaction and restructuring costs   389   392
Unrealized and realized foreign exchange loss (gain) 104 (101) 389 (132)
Unrealized and realized loss on investments 227 1,661 227 2,360
Income (loss) from continuing operations before provision for income taxes 4,492 (6,407) (688) (12,921)
Provision for income taxes 10,729 6,448 20,400 19,112
Net loss from continuing operations (6,237) (12,855) (21,088) (32,033)
Discontinued operations:        
Loss from discontinued operations, net of tax   (621)   (4,212)
Net loss (6,237) (13,476) (21,088) (36,245)
Foreign currency translation adjustment (260) 408 (658) 755
Comprehensive loss (5,977) (13,884) (20,430) (37,000)
Net loss from continuing operations attributable to:        
Common and proportionate Shareholders of the Company (8,180) (14,998) (25,235) (36,362)
Non-controlling interests 1,943 2,143 4,147 4,329
Comprehensive loss attributable to:        
Common and proportionate Shareholders of the Company (7,920) (16,027) (24,577) (41,329)
Non-controlling interests $ 1,943 $ 2,143 $ 4,147 $ 4,329
Net loss per share - basic:        
Continuing operations $ (0.03) $ (0.05) $ (0.09) $ (0.13)
Discontinued operations       (0.02)
Net loss per share - basic $ (0.03) $ (0.05) $ (0.09) $ (0.15)
Weighted average number of outstanding common shares 291,488,661 275,186,279 291,053,614 271,223,233
Net loss per share - diluted:        
Continuing operations $ (0.03) $ (0.05) $ (0.09) $ (0.13)
Discontinued operations       (0.02)
Net loss per share - diluted $ (0.03) $ (0.05) $ (0.09) $ (0.15)
Weighted average number of outstanding common shares, assuming dilution 291,488,661 275,186,279 291,053,614 271,223,233

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