| Schedule of summarized financial information |
|
| For the Three Months Ended March 31, 2020
(Unaudited)
(in thousands)
| |
|
| Cannabis
| |
| Other / Corporate
| |
| Total
| |
| | | | | | | | |
|
| Total Revenues
|
| $
| 3,746
| |
| $
| 567
| |
| $
| 4,313
|
|
| Cost of Goods Sold
| |
| 1,422
| | |
| 553
| | |
| 1,975
| |
| | | | | | | | | | | |
|
| Gross Profit
| |
| 2,324
| | |
| 14
| | |
| 2,338
| |
| | | | | | | | | | | |
|
| Selling, General and Administrative Expenses
| |
| 3,878
| | |
| 5,159
| | |
| 9,037
|
|
| Impairment of Assets
| |
| 5,120
| | |
| -
| | |
| 5,120
|
|
| (Gain) / Loss on Sale of Assets
| |
| (35
| )
| |
| -
| | |
| (35
| )
|
| (Gain) / Loss on Interest in Joint Venture
| |
| -
| | |
| -
| | |
| -
| |
| | | | | | | | | | | |
|
| Loss from operations
| |
| (6,639
| )
| |
| (5,145
| )
| |
| (11,784
| )
|
| | | | | | | | | | | |
|
| Other Income (Expense):
| | | | | | | | | | | |
|
| Interest Income (Expense)
| |
| (245
| )
| |
| (657
| )
| |
| (902
| )
|
| Other Income / (Loss)
| |
| 38
| | |
| 27
| | |
| 65
| |
| | | | | | | | | | | |
|
| Total Other Income (Expense)
| |
| (207
| )
| |
| (630
| )
| |
| (837
| )
|
| | | | | | | | | | | |
|
| Income (loss) from subsidiaries
| |
| -
| | |
| -
| | |
| -
| |
| | | | | | | | | | | |
|
| Net Income (Loss) from continuing operations
|
| $
| (6,846
| )
|
| $
| (5,775
| )
|
| $
| (12,621
| )
|
| | | | | | | | | | | |
|
| Total assets at March 31, 2020
|
| $
| 49,915
| |
| $
| 65,071
| |
| $
| 114,986
| |
|
| For the Three Months Ended March 31, 2019
(Unaudited)
(in thousands)
| |
|
| Cannabis
| |
| Other / Corporate
| |
| Total
| |
| | | | | | | | |
|
| Total Revenues
|
| $
| 2,045
| |
| $
| -
| |
| $
| 2,045
|
|
| Cost of Goods Sold
| |
| 445
| | |
| -
| | |
| 445
| |
| | | | | | | | | | | |
|
| Gross Profit
| |
| 1,600
| | |
| -
| | |
| 1,600
| |
| | | | | | | | | | | |
|
| Selling, General and Administrative Expenses
| |
| 3,052
| | |
| 5,539
| | |
| 8,591
|
|
| Impairment of Assets
| |
| -
| | |
| -
| | |
| -
|
|
| (Gain) / Loss on Sale of Assets
| |
| -
| | |
| -
| | |
| -
|
|
| (Gain) / Loss on Interest in Joint Venture
| |
| 1,067
| | |
| -
| | |
| 1,067
| |
| | | | | | | | | | | |
|
| Loss from operations
| |
| (2,519
| )
| |
| (5,539
| )
| |
| (8,058
| )
|
| | | | | | | | | | | |
|
| Other Income (Expense):
| | | | | | | | | | | |
|
| Interest Income (Expense)
| |
| (227
| )
| |
| (2,701
| )
| |
| (2,928
| )
|
| Other Income / (Loss)
| |
| -
| | |
| 11
| | |
| 11
| |
| | | | | | | | | | | |
|
| Total Other Income (Expense)
| |
| (227
| )
| |
| (2,690
| )
| |
| (2,917
| )
|
| | | | | | | | | | | |
|
| Income (loss) from subsidiaries
| |
| -
| | |
| -
| | |
| -
| |
| | | | | | | | | | | |
|
| Net Income (Loss) from continuing operations
|
| $
| (2,746
| )
|
| $
| (8,229
| )
|
| $
| (10,975
| )
|
| | | | | | | | | | | |
|
| Total assets at March 31, 2019
|
| $
| 41,862
| |
| $
| 77,388
| |
| $
| 119,250
| |
|