v3.21.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues    
Total revenues $ 4,014,024 $ 3,070,546
Cost of revenues 1,454,167 1,396,219
Gross profit 2,559,857 1,674,327
Operating expenses    
Product development 1,424,100 874,787
Sales and marketing 1,735,915 2,040,751
General and administrative 1,852,962 3,457,262
Depreciation and amortization 1,052,883 180,229
Total operating expenses 6,065,860 6,553,029
Loss from operations (3,506,003) (4,878,702)
Other (expense) income:    
Interest expense (776,181)
Interest income 1,801 33,522
Change in fair value of convertible notes (1,991,272)
Change in fair value of derivative liability (175,996) 236,917
Other expense, net (124)
Total other (expense) income (2,941,648) 270,315
Net loss before income taxes and equity in losses of investee (6,447,651) (4,608,387)
Income tax expense (6,270)
Equity in losses of investee (3,782)
Net loss (6,457,703) (4,608,387)
Net loss attributable to noncontrolling interest in consolidated subsidiary 101,175
Net loss attributable to Akerna shareholders $ (6,457,703) $ (4,507,212)
Basic and diluted weighted average common stock outstanding 22,209,072 12,469,737
Basic and diluted net loss per common share $ (0.29) $ (0.36)
Software    
Revenues    
Total revenues $ 3,795,153 $ 2,346,310
Consulting    
Revenues    
Total revenues 172,747 692,584
Other    
Revenues    
Total revenues $ 46,124 $ 31,652

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