| Schedule of financial statements |
|
|
|
Year Ended June 30, 2019
|
|
|
|
|
As reported
|
|
Adjustment
|
|
As revised
|
|
|
Consolidated Statements of Operations
|
|
|
|
|
|
|
|
|
Change in fair value of derivative liability
|
|
$
|
—
|
|
$
|
(2,015,812
|
) |
$
|
(2,015,812
|
) |
|
Net loss
|
|
|
(12,403,215
|
) |
|
(2,015,812
|
)
|
|
(14,419,027
|
) |
|
Net loss per share
|
|
|
(2.05
|
) |
|
—
|
|
|
(2.39
|
) |
|
|
|
Three Months Ended March 31, 2020
|
|
|
|
|
As reported
|
|
Adjustment
|
|
As revised
|
|
|
Condensed Consolidated Statements of Operations
|
|
|
|
|
|
|
|
|
Change in fair value of derivative liability
|
|
$
|
—
|
|
$
|
236,917
|
|
$
|
236,917
|
|
|
Net loss
|
|
|
(4,744,129
|
) |
|
236,917
|
|
|
(4,507,212
|
) |
|
Net loss per share
|
|
|
(0.38
|
) |
|
—
|
|
|
(0.36
|
) |
|
|
|
Year Ended June 30, 2020
|
|
|
|
|
As reported
|
|
Adjustment
|
|
As revised
|
|
|
Consolidated Statements of Operations
|
|
|
|
|
|
|
|
|
Change in fair value of derivative liability
|
|
$
|
—
|
|
$
|
1,962,034
|
|
$
|
1,962,034
|
|
|
Net loss attributable to Akerna shareholders
|
|
|
(15,534,345
|
) |
|
1,962,034
|
|
|
(13,572,311
|
) |
|
Net loss per share
|
|
|
(1.31
|
) |
|
—
|
|
|
(1.14
|
) |
|
|
|
Three Months Ended September 30, 2020
|
|
|
|
|
As reported
|
|
Adjustment
|
|
As revised
|
|
|
Condensed Consolidated Statements of Operations
|
|
|
|
|
|
|
|
|
Change in fair value of derivative liability
|
|
$
|
—
|
|
$
|
762,646
|
|
$
|
762,646
|
|
|
Net loss attributable to Akerna shareholders
|
|
|
(4,741,876
|
) |
|
762,646
|
|
|
(3,979,230
|
) |
|
Net loss per share
|
|
|
(0.34
|
) |
|
—
|
|
|
(0.28
|
) |
|
|
|
Six Months Ended December 31, 2020
|
|
|
|
|
As reported
|
|
Adjustment
|
|
As revised
|
|
|
Consolidated Statements of Operations
|
|
|
|
|
|
|
|
|
Change in fair value of derivative liability
|
|
$
|
—
|
|
$
|
746,852
|
|
$
|
746,852
|
|
|
Net loss attributable to Akerna shareholders
|
|
|
(16,957,334
|
) |
|
746,852
|
|
|
(16,210,482
|
) |
|
Net loss per share
|
|
|
(1.06
|
) |
|
—
|
|
|
(1.01
|
) |
|
|
|
As of June 30, 2019
|
|
|
|
|
As reported
|
|
Adjustment
|
|
As revised
|
|
|
Consolidated Balance Sheet
|
|
|
|
|
|
|
|
|
Derivative liability
|
|
$
|
—
|
|
$
|
(3,042,000
|
) |
$
|
(3,042,000
|
) |
|
Total liabilities
|
|
|
(2,442,503
|
) |
|
(3,042,000
|
)
|
|
(5,484,503
|
) |
|
Additional paid-in capital
|
|
|
47,325,421
|
|
|
(1,026,188
|
)
|
|
46,299,233
|
|
| Accumulated deficit |
|
|
(25,566,746
|
) |
|
(2,015,812
|
) |
|
(27,582,558
|
) |
|
|
|
As of June 30, 2020
|
|
|
|
|
As reported
|
|
Adjustment
|
|
As revised
|
|
|
Consolidated Balance Sheet
|
|
|
|
|
|
|
|
|
Derivative liability
|
|
$
|
—
|
|
$
|
(1,058,228
|
) |
$
|
(1,058,228
|
) |
|
Total liabilities
|
|
|
(21,955,213
|
) |
|
(1,058,228
|
)
|
|
(23,013,441
|
) |
|
Additional paid-in capital
|
|
|
72,906,924
|
|
|
(1,004,450
|
)
|
|
71,902,474
|
|
| Accumulated deficit |
|
|
(41,101,091
|
) |
|
(53,778
|
) |
|
(41,154,869
|
) |
|
|
|
As of December 31, 2020
|
|
|
|
|
As reported
|
|
Adjustment
|
|
As revised
|
|
|
Consolidated Balance Sheet
|
|
|
|
|
|
|
|
|
Derivative liability
|
|
$
|
—
|
|
$
|
(311,376
|
) |
$
|
(311,376
|
) |
|
Total liabilities
|
|
|
(19,635,076
|
) |
|
(311,376
|
)
|
|
(19,946,452
|
) |
|
Additional paid-in capital
|
|
|
95,090,883
|
|
|
(1,004,450
|
)
|
|
94,086,433
|
|
| Accumulated deficit |
|
|
(57,872,599
|
) |
|
693,074 |
|
|
(57,179,525
|
) |
|