| Schedule of Segment Reporting Information, by Segment |
The following table is a comparative summary of the Company’s net sales and segment profit by reportable segment for the periods presented:
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Three months ended |
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March 31,
2021 |
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March 31,
2020 |
Segment Net Sales:
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| Cannabinoid |
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$ |
677
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$ |
242 |
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| Non-Cannabinoid |
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2,800
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2,672 |
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| Total Net Sales |
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3,477
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2,914 |
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Segment Profit (Loss):
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| Cannabinoid |
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(2,864) |
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(5,401) |
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| Non-Cannabinoid |
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612
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480 |
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| Total Segment Loss |
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$ |
(2,252) |
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$ |
(4,921) |
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Reconciliation:
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| Total Segment Loss |
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(2,252) |
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(4,921) |
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| Unallocated corporate expenses |
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(3,387) |
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(1,804) |
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| Non-cash share based compensation |
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(1,550) |
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(416) |
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| Depreciation and amortization |
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(579) |
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(352) |
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| Goodwill impairment |
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—
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(1,682) |
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| Loss from operations |
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$ |
(7,768) |
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$ |
(9,174) |
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| Loss on fair value of derivative instrument |
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—
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13 |
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| Loss(gain) on remeasurement of warrant liability |
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4,851
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— |
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| Loss on investments |
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—
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161 |
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| Foreign exchange loss |
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759
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48 |
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| Interest expense |
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978
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|
836 |
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| Miscellaneous, net |
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(602) |
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(57) |
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| Loss from operations before income taxes |
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$ |
(13,754) |
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$ |
(10,175) |
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March 31,
2021 |
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December 31,
2020 |
Long-lived assets
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| Cannabinoid |
$ |
27,148
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$ |
25,485 |
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Non-Cannabinoid |
162
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176 |
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Other(a)
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26
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19 |
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$ |
27,336
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$ |
25,680 |
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(a)“Other” includes long-lived assets primarily in the Company’s corporate offices.
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| Disaggregation of Revenue by Channel |
The following table disaggregates the Company’s revenues by channel for the for the periods presented:
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Three months ended |
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March 31,
2021 |
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March 31,
2020 |
| Mass retail |
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$ |
1,888
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$ |
1,021 |
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| Specialty, health and other retail |
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225
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312 |
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| Distributors |
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1,232
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1,339 |
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| E-commerce |
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132
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242 |
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$ |
3,477
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$ |
2,914 |
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