XML 49 R37.htm IDEA: XBRL DOCUMENT
v3.23.1

Arcadia Wellness Acquisition (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Business Combinations [Abstract] |
Schedule of Allocation Purchase Price of Assets Acquired at Fair Value at Acquisition Date | The following table presents the allocation of the purchase price of the assets acquired, based on their fair values at the acquisition date (in thousands):
|  | Purchase Price Allocation |
Inventory |  | $ | 840 |
Prepaid and other current assets |  |  | 62 |
Fixed assets |  |  | 308 |
Deposits |  |  | 82 |
Customer list |  |  | 360 |
Trade names and trademarks |  |  | 2,900 |
Formulations |  |  | 260 |
Goodwill |  |  | 1,240 |
Total consideration allocated |  | $ | 6,052 |
Schedule of Unaudited Pro-forma Condensed Consolidated Results of Operations | The following unaudited pro-forma consolidated results of operations for the years ended December 31, 2022 and 2021, have been prepared as if the acquisition of Arcadia Wellness had occurred on January 1, 2021 and includes adjustments for amortization of intangibles, and the addition to basic and diluted weighted average number of shares outstanding.
|  | For the year ended December 31, |
|  | 2022 (Pro forma) |  |  | 2021 (Pro forma) |
Total revenues |  | $ | 9,956 |  |  | $ | 9,062 |
Net loss |  |  | (15,605 | ) |  |  | (17,854 | )
Net loss attributable to common stockholders |  | $ | (15,376 | ) |  | $ | (16,380 | )
Weighted average shares - Basic and diluted |  |  | 599,389 |  |  |  | 539,773 |
Net loss per share attributable to common stockholders: |  |  |  |  |  |
Basic and diluted |  | $ | (25.65 | ) |  | $ | (30.35 | )

X
- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2) -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(3) -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
Name: | us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_BusinessCombinationsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=128092470&loc=d3e4845-128472 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration