Quarterly report pursuant to Section 13 or 15(d)

DISCONTINUED OPERATIONS (Tables)

v3.22.2.2
DISCONTINUED OPERATIONS (Tables)
 9 Months Ended
Sep. 30, 2022
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Discontinued Operations Operating results for the discontinued operations were comprised of the following:
(in thousands, except for per share data)
Three Months Ended
September 30,		 Nine Months Ended
September 30,
2022 2021 2022 2021
Total Revenues $ —  $ 3,383  $ 2,605  $ 9,829 
Cost of Goods Sold —  1,422  520  6,013 
Gross Profit —  1,961  2,085  3,816 
Selling, General and Administrative Expenses —  1,721  1,862  4,756 
Gain on Sale of Assets —  (6,589) (3,729) (6,583)
Income from Operations —  6,829  3,952  5,643 
Interest Expense —  (268) —  (745)
Other Income 72  —  99  — 
Income from Discontinued Operations $ 72  $ 6,561  $ 4,051  $ 4,898 
Income from Discontinued Operations per Common Share Attributable to Unrivaled Brands, Inc. Common Stockholders - Basic And Diluted $ —  $ 0.01  $ 0.01  $ 0.02 
Schedule of Assets and Liabilities for Discontinued Operations
The carrying amounts of the major classes of assets and liabilities for the discontinued operations are as follows:
(in thousands)
December 31,
2021
Cash $ 1,544 
Accounts Receivable, Net 1,553 
Inventory 1,359 
Prepaid Expenses and Other Assets 39 
Property, Equipment and Leasehold Improvements, Net 17,661 
Other Assets 323 
Assets of Discontinued Operations $ 22,479 
Accounts Payable and Accrued Expenses $ 1,170 
Income Tax Payable 917 
Long-Term Lease Liabilities 184 
Liabilities of Discontinued Operations $ 2,271