v3.22.4
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Consolidated Statements of Operations    
Revenues, net of discounts $ 465,618 $ 357,608
Cost of goods sold excluding fair value items 268,957 175,646
Incremental costs to acquire cannabis inventory in a business combination 6,216 43,864
Cost of goods sold 275,173 219,510
Gross profit 190,445 138,098
Operating expenses    
Selling, general, and administrative 222,092 144,444
Impairment of goodwill 148,531  
Depreciation and amortization 56,856 40,659
Acquisition expense 5,991 9,002
Gain on sale of assets (8)  
Total operating expenses 433,462 194,105
Loss from operations (243,017) (56,007)
Other income (expense), net    
Share of loss on equity investments   (32)
Fair value gain on financial liabilities 63,088 83,759
Interest expense, net (30,575) (16,550)
Interest income 275 204
Other, net 120 935
Total other income, net 32,908 68,316
Income (loss) before income taxes and noncontrolling interests (210,109) 12,309
Income taxes    
Current tax provision (46,934) (45,820)
Deferred tax benefit 1,558 16,559
Total income taxes (45,376) (29,261)
Net loss before noncontrolling interest (255,485) (16,952)
Net loss attributable to noncontrolling interest (10,019)  
Net loss attributable to Ayr Wellness Inc. $ (245,466) $ (16,952)
Basic net loss per share $ (3.58) $ (0.30)
Diluted net loss per share $ (3.58) $ (0.30)
Weighted average number of shares outstanding (basic) 68,635 57,329
Weighted average number of shares outstanding (diluted) 68,635 57,329