XML 82 R4.htm IDEA: XBRL DOCUMENT v3.23.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenue:        
Total revenue $ 7,233,000 $ 11,771,000 $ 19,064,000 $ 24,064,000
Cost of revenue:        
Printed Products 2,421,000 2,603,000 7,081,000 6,026,000
Securities 1,820,000 2,551,000 4,340,000 5,124,000
Biotechnology 2,000 308,000 63,000 308,000
Direct Marketing 516,000 1,990,000 1,806,000 4,127,000
Others 73,000 218,000 75,000 700,000
Selling, general and administrative (including stock-based compensation) 8,851,000 15,283,000 17,824,000 25,639,000
Total costs and expenses 13,683,000 22,953,000 31,189,000 41,924,000
Operating loss (6,450,000) (11,182,000) (12,125,000) (17,860,000)
Other income (expense):        
Interest income 407,000 139,000 538,000 295,000
Dividend income 8,000 12,000
Other income (expense) 147,000 2,344,000 175,000 576,000
Interest expense (138,000) (121,000) (388,000) (1,499,000)
Gain on extinguishment of debt 110,000 110,000
Loss on equity method investment (18,000) (99,000) (22,000) (211,000)
(Loss)/gain on investments (27,922,000) 3,399,000 (30,790,000) 3,823,000
Provision for loan losses (3,757,000) (3,757,000)
Gain on sale of assets 405,000
Loss from continuing operations before income taxes (37,723,000) (5,410,000) (46,357,000) (14,361,000)
Income tax benefit (loss)
Net loss (37,723,000) (5,410,000) (46,357,000) (14,361,000)
(Income)/loss from continuing operations attributed to noncontrolling interest (200,000) 758,000 398,000 1,661,000
Net loss attributable to common stockholders $ (37,923,000) $ (4,652,000) $ (45,959,000) $ (12,700,000)
Loss per common share:        
Basic $ (0.27) $ (0.05) $ (0.33) $ (0.15)
Diluted $ (0.27) $ (0.05) $ (0.33) $ (0.15)
Shares used in computing loss per common share:        
Basic 140,140,913 34,888,054 139,579,043 85,641,957
Diluted 140,140,913 34,888,054 139,579,043 85,641,957
Printed Products [Member]        
Revenue:        
Total revenue $ 3,626,000 $ 4,048,000 $ 9,661,000 $ 7,617,000
Rental Income [Member]        
Revenue:        
Total revenue 1,543,000 1,508,000 3,228,000 3,171,000
Net Investment Income [Member]        
Revenue:        
Total revenue 197,000 145,000 314,000 274,000
Direct Marketing [Member]        
Revenue:        
Total revenue 1,572,000 6,070,000 5,566,000 13,002,000
Commission Revenue [Member]        
Revenue:        
Total revenue $ 295,000 $ 295,000