v3.20.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
Revenues        
Software $ 2,346,310 $ 2,024,916 $ 7,148,964 $ 6,174,102
Consulting 692,584 216,897 2,248,947 826,777
Other 31,652 86,067 171,727 200,312
Total revenues 3,070,546 2,327,880 9,569,638 7,201,191
Cost of revenues 1,420,909 1,166,482 4,457,110 3,550,612
Gross profit 1,649,637 1,161,398 5,112,528 3,650,579
Operating expenses        
Product development 1,632,353 1,001,394 4,024,743 2,877,869
Selling, general and administrative 5,500,837 2,663,171 13,881,055 7,440,115
Total operating expenses 7,133,190 3,664,565 17,905,798 10,317,984
Loss from operations (5,483,553) (2,503,167) (12,793,270) (6,667,405)
Other income (expense)        
Interest 33,522 20,914 158,762 69,265
Other (124) (7,850) (254) 17,983
Total other income 33,398 13,064 158,508 87,248
Net loss (5,450,155) (2,490,103) (12,634,762) (6,580,157)
Net loss attributable to noncontrolling interests in consolidated subsidiary 101,175 101,175
Net loss attributable to Akerna stockholders $ (5,348,980) $ (2,490,103) $ (12,533,587) $ (6,580,157)
Basic and diluted weighted average common stock outstanding 12,469,737 6,022,026 11,299,997 5,843,334
Basic and diluted net loss per common share $ (0.43) $ (0.41) $ (1.11) $ (1.13)

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