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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Revenue (including $0 and $46 from related parties, respectively) $ 2,598 $ 5,804
Cost of goods sold 1,869 4,816
Gross profit 729 988
General and administrative 2,952 6,931
Selling and marketing 462 1,590
Research and development 275 735
Change in contingent consideration (2,180) (684)
Total operating expenses 1,509 8,572
Loss from operations (780) (7,584)
Interest expense, net (145) (799)
Change in fair value of warrant liabilities 873 2,672
Loss on extinguishment of long-term debt, net (4,620)
Other income, net 14 4
Total other income (expense), net 742 (2,743)
Net loss before income taxes (38) (10,327)
Income tax benefit (expense)
Net loss (38) (10,327)
Net loss attributable to Agrify Corporation $ (38) $ (10,327)
Net loss per share attributable to Common Stockholders – basic (in Dollars per share) [1] $ (9.63)
Weighted average common shares outstanding - basic (in Shares) [1] 8,894,229 1,072,292
[1] Periods presented have been adjusted to reflect the 1-for-20 reverse stock split on July 5, 2023. Additional information regarding reverse stock splits may be found in Note 1 – Overview, Basis of Presentation, and Significant Accounting Policies, included elsewhere in the notes to the consolidated financial statements.