Annual report pursuant to Section 13 and 15(d)

Note 18 - Discontinued Operations (Tables)

v3.24.1.u1
Note 18 - Discontinued Operations (Tables)
 12 Months Ended
Dec. 31, 2023
Notes Tables  
Disposal Groups, Including Discontinued Operations [Table Text Block]
    (in thousands)  
   

Year Ended

  
   

December 31, 2023

    

December 31, 2022

  

Total Revenues

   $ 1,685     $ 9,256  

Cost of Goods Sold

     1,545       6,542  
                 

Gross Profit

     140       2,714  
                 

Selling, General & Administrative Expenses

     352       6,006  

Loss on Sale of Assets

     98       1,485  
                 

Loss from Operations

   $ (310 )   $ (4,777 )
                 

Interest Expense

     (1 )     (10 )

Other Income

     —       41  
                 

Loss from Discontinued Operations Before Provision for Income Taxes

   $ (311 )   $ (4,746 )

Provision for Income Tax for Discontinued Operations

     —       —  

Net Loss from Discontinued Operations, Net of Taxes

   $ (311 )   $ (4,746 )
                 

Loss from Discontinued Operations per Common Share Attributable to Unrivaled Brands, Inc. Common Stockholders - Basic And Diluted

   $ (0.04 )   $ (0.80 )
   

(in thousands)

  
   

December 31, 2023

    

December 31, 2022

  

Inventory

   $ —     $ 284  

Prepaid Expenses and Other Assets

     12       7  

Property, Equipment and Leasehold Improvements, Net

     95       1,323  

Other Assets

     —       1,387  

Assets Related to Discontinued Operations

   $ 107     $ 3,001  
                 

Accounts Payable and Accrued Expenses

     100     $ 168  

Long-Term Lease Liabilities

     —       1,383  

Liabilities Related to Discontinued Operations

   $ 100     $ 1,551