Second Quarter Financial Overview
Total revenue of $1.3 million, marking an increase of $0.8 million from the second quarter last year:
Foodservice revenue of $0.8 million, an
Second Quarter Financial Overview
- Total revenue of $1.3 million, marking an increase of $0.8 million from the second quarter last year:
- Foodservice revenue of $0.8 million, an increase of $0.6 million;
- Retail revenue of $0.5 million, an increase of $0.2 million.
- Net loss of $78.7 million, or a loss of $3.92 per diluted share, which included a one-time non-cash expense for goodwill impairment of $64.3 million, the change in fair value for the contingent value rights earnout of $17.3 million and a one-time expense of $7.5 million related to the closing of the Agrico business combination and Nasdaq listing.
- Adjusted EBITDA of negative $14.1 million.
