v3.21.1
Consolidated Statements of Operations - USD ($)
6 Months Ended 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenue        
Software $ 6,766,985 $ 4,802,654 $ 9,976,580 $ 8,256,492
Consulting 916,099 1,556,363 2,379,947 2,307,129
Other revenue 141,700 140,076 216,749 259,496
Total revenue 7,824,784 6,499,093 12,573,276 10,823,117
Cost of revenue 3,141,041 2,994,940 6,209,724 4,633,844
Gross profit 4,683,743 3,504,153 6,363,552 6,189,273
Total Operating expenses        
Product development 3,166,088 1,234,403 3,206,310 5,565,097
Sales and marketing 3,928,028 3,725,012 7,792,480 7,498,114
General and administrative 4,435,067 4,655,207 11,320,715 5,638,408
Depreciation and amortization 2,007,237 104,667 1,315,898
Impairment of long-lived assets 6,887,000
Total operating expenses 20,423,420 9,719,289 23,635,403 18,701,619
Loss from operations (15,739,677) (6,215,136) (17,271,851) (12,512,346)
Other income (expense)        
Interest expense (198,195) (3,734)
Interest Income 5,111 125,239 160,412 91,239
Change in fair value of convertible notes (961,273) 766,000
Other (expense) income (59,272) (130) (254) 17,892
Total other (expense) income (1,213,629) 125,109 922,424 109,131
Net loss before income tax expense (16,953,306) (6,090,027) (16,349,427) (12,403,215)
Income tax expense (200) (30,985)
Equity in losses of investee (12,643) (3,692)
Net Loss (16,966,149) (6,090,027) (16,384,104) (12,403,215)
Net loss attributable to noncontrolling interest in consolidated subsidiary 8,815 849,759
Net loss attributable to Akerna shareholders $ (16,957,334) $ (6,090,027) $ (15,534,345) $ (12,403,215)
Basic and diluted weighted average common shares outstanding 16,056,030 10,918,942 11,860,212 6,045,382
Basic and diluted net loss per common share $ (1.06) $ (0.56) $ (1.31) $ (2.05)

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