| Results of Discontinued Operations, Assets and Liabilities of Discontinued Operations |
The results of discontinued operations for the three months ended June 30, 2019 are as follows (in thousands):
|
|
Verykool |
|
|
OneClick International |
|
|
OneClick Argentino |
|
|
Verablue Caribbean |
|
|
TOTAL |
|
|
Net sales |
$ |
— |
|
|
$ |
— |
|
|
$ |
2,102 |
|
|
$ |
901 |
|
|
$ |
3,003 |
|
|
Cost of sales |
|
— |
|
|
|
1 |
|
|
|
1,355 |
|
|
|
624 |
|
|
|
1,980 |
|
|
Gross profit (loss) |
|
— |
|
|
|
(1 |
) |
|
|
747 |
|
|
|
277 |
|
|
|
1,023 |
|
|
Selling, general and administrative expenses |
|
19 |
|
|
|
137 |
|
|
|
739 |
|
|
|
298 |
|
|
|
1,193 |
|
|
Operating loss |
|
(19 |
) |
|
|
(138 |
) |
|
|
8 |
|
|
|
(21 |
) |
|
|
(170 |
) |
|
Other expense, net |
|
(4 |
) |
|
|
— |
|
|
|
(38 |
) |
|
|
— |
|
|
|
(42 |
) |
|
Loss from discontinued operations before income taxes |
|
(23 |
) |
|
|
(138 |
) |
|
|
(30 |
) |
|
|
(21 |
) |
|
|
(212 |
) |
|
Provision for income taxes |
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
- |
|
|
Net loss from discontinued operations |
$ |
(23 |
) |
|
$ |
(138 |
) |
|
$ |
(30 |
) |
|
$ |
(21 |
) |
|
$ |
(212 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
The results of discontinued operations for the six months ended June 30, 2019 are as follows (in thousands):
|
|
Verykool |
|
|
OneClick International |
|
|
OneClick Argentino |
|
|
Verablue Caribbean |
|
|
TOTAL |
|
|
Net sales |
$ |
47 |
|
|
$ |
— |
|
|
$ |
3,890 |
|
|
$ |
1,808 |
|
|
$ |
5,745 |
|
|
Cost of sales |
|
47 |
|
|
|
12 |
|
|
|
2,546 |
|
|
|
1,234 |
|
|
|
3,839 |
|
|
Gross profit (loss) |
|
— |
|
|
|
(12 |
) |
|
|
1,344 |
|
|
|
574 |
|
|
|
1,906 |
|
|
Selling, general and administrative expenses |
|
27 |
|
|
|
254 |
|
|
|
1,594 |
|
|
|
611 |
|
|
|
2,486 |
|
|
Operating loss |
|
(27 |
) |
|
|
(266 |
) |
|
|
(250 |
) |
|
|
(37 |
) |
|
|
(580 |
) |
|
Other income (expense), net |
|
26 |
|
|
|
(13 |
) |
|
|
(220 |
) |
|
|
— |
|
|
|
(207 |
) |
|
Loss from discontinued operations before income taxes |
|
(1 |
) |
|
|
(279 |
) |
|
|
(470 |
) |
|
|
(37 |
) |
|
|
(787 |
) |
|
Provision for income taxes |
|
(2 |
) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(2 |
) |
|
Net loss from discontinued operations |
$ |
(3 |
) |
|
$ |
(279 |
) |
|
$ |
(470 |
) |
|
$ |
(37 |
) |
|
$ |
(789 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
The results of discontinued operations for the transition period from January 1, 2020 to February 1, 2020 are as follows (in thousands):
|
|
Verykool |
|
|
OneClick International |
|
|
OneClick Argentino |
|
|
Verablue Caribbean |
|
|
TOTAL |
|
|
Net sales |
$ |
— |
|
|
$ |
— |
|
|
$ |
821 |
|
|
$ |
334 |
|
|
$ |
1,155 |
|
|
Cost of sales |
|
8 |
|
|
|
— |
|
|
|
544 |
|
|
|
223 |
|
|
|
775 |
|
|
Gross profit (loss) |
|
(8 |
) |
|
|
— |
|
|
|
277 |
|
|
|
111 |
|
|
|
380 |
|
|
Selling, general and administrative expenses |
|
2 |
|
|
|
1 |
|
|
|
203 |
|
|
|
81 |
|
|
|
287 |
|
|
Operating loss |
|
(10 |
) |
|
|
(1 |
) |
|
|
74 |
|
|
|
30 |
|
|
|
93 |
|
|
Other income (expense), net |
|
— |
|
|
|
— |
|
|
|
(21 |
) |
|
|
(6 |
) |
|
|
(27 |
) |
|
Loss from discontinued operations before income taxes |
|
(10 |
) |
|
|
(1 |
) |
|
|
53 |
|
|
|
24 |
|
|
|
66 |
|
|
Provision for income taxes |
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
Net income from discontinued operations |
$ |
(10 |
) |
|
$ |
(1 |
) |
|
$ |
53 |
|
|
$ |
24 |
|
|
$ |
66 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
There were no results of discontinued operations for the 13 weeks ended August 1, 2020. The results of discontinued operations for the 26 weeks ended August 1, 2020 are as follows (in thousands):
|
|
Verykool |
|
|
Verablue Caribbean |
|
|
TOTAL |
|
|
Net sales |
$ |
— |
|
|
$ |
407 |
|
|
$ |
407 |
|
|
Cost of sales |
|
— |
|
|
|
319 |
|
|
|
319 |
|
|
Gross profit (loss) |
|
— |
|
|
|
88 |
|
|
|
88 |
|
|
Selling, general and administrative expenses |
|
6 |
|
|
|
192 |
|
|
|
198 |
|
|
Operating loss |
|
(6 |
) |
|
|
(104 |
) |
|
|
(110 |
) |
|
Other income (expense), net |
|
3 |
|
|
|
(129 |
) |
|
|
(126 |
) |
|
Loss from discontinued operations before income taxes |
|
(3 |
) |
|
|
(233 |
) |
|
|
(236 |
) |
|
Provision for income taxes |
|
— |
|
|
|
— |
|
|
|
— |
|
|
Net loss from discontinued operations |
$ |
(3 |
) |
|
$ |
(233 |
) |
|
$ |
(236 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|