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Segment Reporting (Tables)

v3.22.1
Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Schedule of segment reporting information, by segment
 

Year ended

   

December 31, 2021

 

December 31, 2020

Segment Net Sales:

 

 

 

 

 

 

 

 

Cannabinoid

 

$

3,242

 

 

$

2,511

 

Non-Cannabinoid

 

 

12,132

 

 

 

9,606

 

Total Net Sales

 

 

15,374

 

 

 

12,117

 

   

 

 

 

 

 

 

 

Segment Profit (Loss):

 

 

 

 

 

 

 

 

Cannabinoid

 

 

(16,915

)

 

 

(18,798

)

Non-Cannabinoid

 

 

2,631

 

 

 

1,863

 

Total Loss

 

$

(14,284

)

 

$

(16,935

)

   

 

 

 

 

 

 

 

Reconciliation:

 

 

 

 

 

 

 

 

Total Segment Loss

 

 

(14,284

)

 

 

(16,935

)

Unallocated corporate expenses

 

 

(11,196

)

 

 

(6,405

)

Non-cash share based compensation

 

 

(11,451

)

 

 

(1,652

)

Depreciation and amortization

 

 

(1,768

)

 

 

(1,854

)

Goodwill impairment

 

 

(18,508

)

 

 

(1,682

)

Loss from operations

 

$

(57,207

)

 

$

(28,528

)

   

 

 

 

 

 

 

 

(Gain) loss on debt extinguishment, net

 

 

(3,262

)

 

 

2,360

 

Gain on remeasurement of warrant liability

 

 

(16,856

)

 

 

(10,780

)

Loss on fair value of derivative instrument

 

 

 

 

 

657

 

Loss on investments

 

 

 

 

 

464

 

Foreign exchange loss

 

 

1,276

 

 

 

491

 

Interest expense

 

 

6,818

 

 

 

4,455

 

Other income, net

 

 

(502

)

 

 

(284

)

Loss from operations before income taxes and equity investment loss

 

$

(44,681

)

 

$

(25,891

)

 

December31,
2021

 

December31,
2020

Long-lived assets

 

 

   

 

 

Cannabinoid

 

$

30,709

 

$

25,485

Non-Cannabinoid

 

 

216

 

 

176

Other(a)

 

 

7

 

 

19

   

$

30,932

 

$

25,680

Schedule of revenue by major customers by reporting segments
 

Percentage of Revenues
December 31,

 

Percentage of Accounts Receivable
December 31,

2021

 

2020

 

2021

 

2020

Customer A(a)

 

*

 

 

*

 

 

*

 

 

40

%

Customer B(a)

 

*

 

 

*

 

 

*

 

 

23

%

Customer C(b)

 

17

%

 

21

%

 

25

%

 

11

%

Customer D(a)

 

*

 

 

*

 

 

18

%

 

*

 

*        denotes less than 10%

(a)      net sales attributed are reflected in the cannabinoid segments

(b)      net sales attributed are reflected in the non-cannabinoid segments

Disaggregation of revenue by channel
 

Year ended

   

December 31,
2021

 

December 31,
2020

Mass retail

 

$

8,070

 

$

6,879

Distributors

 

 

5,835

 

 

4,036

Specialty, health and other retail

 

 

945

 

 

689

E-commerce

 

 

524

 

 

513

   

$

15,374

 

$

12,117