Quarterly report pursuant to Section 13 or 15(d)

Condensed Statement of Comprehensive (Loss) (Unaudited)

v3.21.1
Condensed Statement of Comprehensive (Loss) (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating revenues    
Total revenue $ 19,340,115 $ 3,203,134
Cost of goods and services    
Cost of goods and services 12,087,111 2,148,535
Total cost of goods and services 12,087,111 2,148,535
Gross profit 7,253,004 1,054,599
Operating expenses    
Selling, general and administrative 3,189,638 666,919
Professional services 2,195,108 1,248,988
Salaries 1,869,358 1,997,036
Stock-based compensation 1,483,806 1,252,731
Total operating expenses 8,737,910 5,165,674
Loss from operations (1,484,906) (4,111,075)
Other income (expense)    
Interest income (expense), net (961,282) 48,042
Gain on forfeiture of contingent consideration 0 1,462,636
Unrealized gain (loss) on derivative liabilities (1,253,814) 1,191,963
Gain (loss) on sale of assets 292,479 0
Unrealized gain (loss) on investment 214,630 29,124
Total other income (expense) (1,707,987) 2,731,765
Loss before income taxes (3,192,893) (1,379,310)
Provision for income tax (benefit) expense 456,614 0
Net loss $ (3,649,507) $ (1,379,310)
Loss per share attributable to common shareholders    
Basic and diluted loss per share $ (0.09) $ (0.03)
Weighted average number of shares outstanding, basic and diluted 42,616,309 39,952,628
Comprehensive loss $ (3,649,507) $ (1,379,310)
Retail [Member]    
Operating revenues    
Total revenue 11,816,200 0
Wholesale [Member]    
Operating revenues    
Total revenue 7,446,265 2,528,931
Other [Member]    
Operating revenues    
Total revenue $ 77,650 $ 674,203