v3.20.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Revenues    
Software $ 3,154,442 $ 2,254,480
Consulting 331,080 831,363
Other 228,482 107,047
Total revenues 3,714,004 3,192,890
Cost of revenues 1,739,937 1,379,701
Gross profit 1,974,067 1,813,189
Operating expenses    
Product development 1,758,826 610,902
Sales and marketing 2,097,502 1,841,514
General and administrative 2,470,187 1,742,301
Depreciation and amortization 1,171,022 17,899
Total operating expenses 7,497,537 4,212,616
Loss from operations (5,523,470) (2,399,427)
Other income (expense)    
Interest (expense), net (3,687) 73,382
Change in fair value of Convertible Notes 778,000
Other (287)
Total other income (expense) 774,313 73,095
Net loss before income tax expense (4,749,157) (2,326,332)
Equity in losses of investee (1,534)
Net loss (4,750,691) (2,326,332)
Net loss attributable to noncontrolling interest in consolidated subsidiary 8,815
Net loss attributable to Akerna shareholders $ (4,741,876) $ (2,326,332)
Basic and diluted weighted average common stock outstanding 14,058,412 10,879,112
Basic and diluted net loss per common share $ (0.34) $ (0.21)

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