During the fourth quarter of 2018, the Company completed the closure of the verykool business segment that had been an old legacy business. Also, as discussed in Note 15, in early 2020, the Company sold OneClick Argentino, its business unit in Argentina, and Verablue Caribbean Group, its business unit in the Dominican Republic, which resulted in losses on sale of $13,000 and $136,000 in the transition period from January 1, 2020 to February 1, 2020 and in the fiscal year ended January 30, 2021, respectively. Consequently, these business units, plus OneClick International, the wholly owned parent of the two business units, are reported as discontinued operations in our consolidated financial statements for all periods presented.

The results of discontinued operations for the year ended December 31, 2019 are as follows (in thousands):

	Verykool			OneClick International			OneClick Argentino			Verablue Caribbean			TOTAL
Net sales	$	47		$	1		$	8,029		$	3,849		$	11,926
Cost of sales		118			13			5,374			2,783			8,288
Gross profit (loss)		(71	)		(12	)		2,655			1,066			3,638
Selling, general and administrative expenses		(16	)		501			2,703			1,057			4,245
Goodwill and intangible impairments		—			630			—			—			630
Operating income (loss)		(55	)		(1,143	)		(48	)		9			(1,237	)
Loss on assets held for sale		—			—			(1,932	)		(698	)		(2,630	)
Other income (expense), net		25			(14	)		(678	)		(8	)		(675	)
Loss from discontinued operations before income taxes		(30	)		(1,157	)		(2,658	)		(697	)		(4,542	)
Provision (benefit) for income taxes		(2	)		—			—			78			76
Net loss from discontinued operations	$	(32	)	$	(1,157	)	$	(2,658	)	$	(619	)	$	(4,466	)

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 income (loss)		(10	)		(1	)		74			30			93
Other income (expense), net		—			—			(21	)		(6	)		(27	)
Income (loss) from discontinued operations before income taxes		(10	)		(1	)		53			24			66
Provision for income taxes		—			—			—			—			—
Net income (loss) from discontinued operations	$	(10	)	$	(1	)	$	53		$	24		$	66

The results of discontinued operations for the year ended January 30, 2021 are as follows (in thousands):

	Verykool			OneClick International			Verablue Caribbean			TOTAL
Net sales	$	—		$	—		$	408		$	408
Cost of sales		—			—			319			319
Gross profit		—			—			89			89
Selling, general and administrative expenses		19			(41	)		165			143
Operating income (loss)		(19	)		41			(76	)		(54	)
Other income (expense), net		59			—			(129	)		(70	)
Income (loss) from discontinued operations before income taxes		40			41			(205	)		(124	)
Provision for income taxes		—			—			—			—
Net income (loss) from discontinued operations	$	40		$	41		$	(205	)	$	(124	)