| Schedule of Segment Reporting |
The following tables present the operating results of the Company’s segments:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the three months ended March 31, 2023 |
|
|
Cannabis |
|
Accessories |
|
Corporate |
|
Other |
|
Total |
Revenue |
|
$ |
12,961 |
|
$ |
29,413 |
|
$ |
— |
|
$ |
— |
|
$ |
42,374 |
Inter-segment revenue |
|
|
— |
|
|
(110) |
|
|
— |
|
|
— |
|
|
(110) |
Net revenue |
|
$ |
12,961 |
|
$ |
29,303 |
|
$ |
— |
|
$ |
— |
|
$ |
42,264 |
Share-based compensation |
|
|
— |
|
|
— |
|
|
241 |
|
|
52 |
|
|
293 |
Depreciation and amortization |
|
|
794 |
|
|
3,238 |
|
|
14 |
|
|
83 |
|
|
4,129 |
Wages and benefits |
|
|
2,221 |
|
|
1,273 |
|
|
2,290 |
|
|
— |
|
|
5,784 |
Impairment loss |
|
|
48 |
|
|
— |
|
|
140 |
|
|
— |
|
|
188 |
Interest expense |
|
|
1,356 |
|
|
642 |
|
|
2,094 |
|
|
— |
|
|
4,092 |
Loan receivable losses |
|
|
— |
|
|
— |
|
|
388 |
|
|
— |
|
|
388 |
Net (loss) income |
|
|
(6,648) |
|
|
(2,650) |
|
|
(3,613) |
|
|
8,045 |
|
|
(4,866) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the three months ended March 31, 2022 |
|
|
Cannabis |
|
Accessories |
|
Corporate |
|
Other |
|
Total |
Revenue |
|
$ |
11,259 |
|
$ |
31,624 |
|
$ |
— |
|
$ |
— |
|
$ |
42,883 |
Inter-segment revenue |
|
|
— |
|
|
(531) |
|
|
— |
|
|
— |
|
|
(531) |
Net revenue |
|
$ |
11,259 |
|
$ |
31,093 |
|
$ |
— |
|
$ |
— |
|
$ |
42,352 |
Share-based compensation |
|
|
— |
|
|
— |
|
|
969 |
|
|
257 |
|
|
1,226 |
Depreciation and amortization |
|
|
648 |
|
|
3,700 |
|
|
14 |
|
|
196 |
|
|
4,558 |
Wages and benefits |
|
|
1,532 |
|
|
1,168 |
|
|
2,468 |
|
|
— |
|
|
5,168 |
Impairment loss |
|
|
697 |
|
|
— |
|
|
— |
|
|
— |
|
|
697 |
Interest expense |
|
|
87 |
|
|
238 |
|
|
2,456 |
|
|
— |
|
|
2,781 |
Loan losses |
|
|
— |
|
|
— |
|
|
517 |
|
|
— |
|
|
517 |
Net loss |
|
|
(1,221) |
|
|
(4,701) |
|
|
(5,380) |
|
|
(332) |
|
|
(11,634) |
|
| Schedule of Revenue by Geographic Area |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the three months ended March 31, 2023 |
|
|
US |
|
Canada |
|
Other |
|
Total |
Revenue |
|
$ |
38,175 |
|
$ |
4,080 |
|
$ |
9 |
|
$ |
42,264 |
Gross profit |
|
|
7,790 |
|
|
1,002 |
|
|
4 |
|
|
8,796 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the three months ended March 31, 2022 |
|
|
US |
|
Canada |
|
Other |
|
Total |
Revenue |
|
$ |
39,907 |
|
$ |
2,295 |
|
$ |
150 |
|
$ |
42,352 |
Gross profit |
|
|
8,627 |
|
|
669 |
|
|
57 |
|
|
9,353 |
|