v3.19.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
May 31, 2019
May 31, 2018
[1]
May 31, 2019
May 31, 2018
[1]
Income Statement [Abstract]        
Net revenue $ 41,486 $ 12,905 $ 101,982 $ 32,113
Cost of goods sold 34,090 9,247 86,834 22,860
Gross profit 7,396 3,658 15,148 9,253
Operating expenses:        
Selling, general and administrative 20,719 5,742 52,032 12,067
Gain on disposition of assets     (1,254)  
Change in fair value of contingent consideration 2,961 7,041 (2,247) 18,182
Total operating expenses 23,680 12,783 48,531 30,249
Loss from operations (16,284) (9,125) (33,383) (20,996)
Other income (expense):        
Change in fair value of warrant liability 6,254   7,309  
Change in fair value of equity investment (71)   (663)  
Interest expense (474) (81) (1,452) (112)
Other income, net (10)   110  
Total other income (expense), net 5,699 (81) 5,304 (112)
Loss before income taxes (10,585) (9,206) (28,079) (21,108)
Income tax expense 13   13 66
Net loss $ (10,598) $ (9,206) $ (28,092) $ (21,174)
Net loss per share:        
Basic and diluted net loss per common share (in dollars per share) $ (0.12) $ (0.14) $ (0.34) $ (0.34)
Basic and diluted weighted average common shares outstanding (in shares) 88,286 64,680 83,338 61,995
[1] Restated

Source