Quarterly report pursuant to Section 13 or 15(d)

Supplemental Financial Statement Information (Tables)

v3.21.2
Supplemental Financial Statement Information (Tables)
 9 Months Ended
Sep. 30, 2021
Payables and Accruals [Abstract]  
Schedule of Other Current Assets The following table summarizes the composition of other current assets as of the dates indicated:
(in thousands) September 30, 2021 December 31, 2020
Other current assets:
VAT refund receivable $ 146  $ 4,391 
Prepaid expenses 3,569  1,542 
Indemnification receivable, net 124  921 
Other 7,172  4,038 
$ 11,011  $ 10,892 
Schedule of Accrued Expenses and Other Current Liabilities
The following table summarizes the composition of accrued expenses and other current liabilities as of the dates indicated:
(in thousands) September 30, 2021 December 31, 2020
Accrued expenses and other current liabilities:
VAT payable $ 3,084  $ 9,882 
Contingent consideration 1,710  — 
Payroll related including bonus 5,814  2,361 
Accrued professional fees 4,341  1,750 
Accrued third-party logistics fees 272  1,295 
Refund liability 1,100  785 
Current portion of long-term debt 1,429  182 
Other 5,152  3,317 
$ 22,902  $ 19,572 
Schedule of Customer Deposits Changes in our customer deposits liability balance during the nine months ended September 30, 2021 were as follows:
(in thousands) Customer Deposits
Balance as of December 31, 2020 $ 2,729 
Customer deposits assumed as part of KushCo acquisition (Note 3 - Business Acquisitions) 3,934 
Increases due to deposits received, net of other adjustments 9,728 
Revenue recognized (9,874)
Balance as of September 30, 2021
 $ 6,517 
Schedule of Accumulated Other Comprehensive Income (Loss)
The components of accumulated other comprehensive income (loss) for the periods presented were as follows:
(in thousands) Foreign Currency Translation Unrealized Loss on Derivative Instrument Total
Balance at December 31, 2020 $ 183  $ (154) $ 29 
Other comprehensive (loss) income (59) 256  $ 197 
Less: Other comprehensive loss (income) attributable to non-controlling interest 20  (154) $ (134)
Balance at September 30, 2021
 $ 144  $ (52) $ 92 
(in thousands) Foreign Currency Translation Unrealized Loss on
Derivative Instrument		 Total
Balance at December 31, 2019 $ (22) $ (50) $ (72)
Other comprehensive income (loss) 130  (525) (395)
Less: Other comprehensive (income) loss attributable to non-controlling interest (87) 400  313 
Balance at September 30, 2020
 $ 21  $ (175) $ (154)