v3.25.0.1
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Statement of Comprehensive Income [Abstract]      
Revenue, net $ 306,677,000 $ 317,328,000 $ 247,829,000
Cost of sales 156,717,000 157,630,000 146,325,000
Gross profit 149,960,000 159,698,000 101,504,000
Operating expenses:      
General and administrative 111,596,000 115,189,000 115,588,000
Amortization and depreciation 8,823,000 9,433,000 9,658,000
Impairment of intangible assets 39,334,000 51,303,000 140,727,000
Impairment of goodwill 0 4,690,000 170,357,000
Impairment of property and equipment and right of use assets 8,511,000 2,079,000 1,089,000
Other operating income (1,198,000) (3,131,000)  
Total operating expenses 167,066,000 179,563,000 437,419,000
Loss from operations (17,106,000) (19,865,000) (335,915,000)
Other expense (income)      
Loss (gain) from revaluation of contingent consideration 2,465,000 (645,000) (1,061,000)
Loss (gain) on extinguishment of debt 1,662,000   (4,153,000)
Gain on fair value of derivative liabilities and purchase option derivative assets (4,549,000) (322,000) (58,523,000)
Finance and other expenses 34,370,000 37,041,000 35,893,000
Transaction and restructuring costs   344,000 1,445,000
Unrealized and realized foreign exchange loss (gain) 940,000 (53,000) 712,000
Unrealized and realized loss (gain) on investments 238,000 2,603,000 (43,000)
Loss from continuing operations before provision for income taxes (52,232,000) (58,833,000) (310,185,000)
Provision for (benefit from) income taxes 20,438,000 23,453,000 (10,783,000)
Net loss from continuing operations (72,670,000) (82,286,000) (299,402,000)
Discontinued operations:      
Loss from discontinued operations, net of tax   (4,444,000) (25,949,000)
Net loss (72,670,000) (86,730,000) (325,351,000)
Foreign currency translation adjustment (1,212,000) 286,000 738,000
Comprehensive loss (71,458,000) (87,016,000) (326,089,000)
Net loss from continuing operations attributable to:      
Common and proportionate Shareholders of the Company (80,232,000) (91,101,000) (303,959,000)
Non-controlling interests 7,562,000 8,815,000 4,557,000
Comprehensive loss attributable to:      
Common and proportionate Shareholders of the Company (79,020,000) (95,831,000) (330,646,000)
Non-controlling interests $ 7,562,000 $ 8,815,000 $ 4,557,000
Net loss per share - basic & diluted:      
Continuing operations, basic $ (0.28) $ (0.33) $ (1.24)
Continuing operations, diluted (0.28) (0.33) (1.24)
Discontinued operations, basic   (0.02) (0.11)
Discontinued operations, diluted   (0.02) (0.11)
Net loss per share - basic (0.28) (0.35) (1.35)
Net loss per share - diluted $ (0.28) $ (0.35) $ (1.35)
Weighted average number of outstanding common shares, basic 291,513,878 279,285,588 244,351,028
Weighted average number of outstanding common shares, diluted 291,513,878 279,285,588 244,351,028

Source

10-K PDF
XBRL