EX-99.2 3 rkda-ex99_2.htm EX-99.2 EX-99.2

 

Exhibit 99.2

img193038000_0.jpg 

 

Arcadia Biosciences, Inc.

Consolidated Statements of Operations and Comprehensive Loss

(Unaudited)

(In thousands, except share data and per share data)

 

 

 

Three Months Ended March 31,

 

 

 

 

2023

 

 

 

2022

 

Revenues:

 

 

 

 

 

 

Product

 

$

1,509

 

 

$

3,170

 

Royalty

 

 

 

 

 

50

 

Total revenues

 

 

1,509

 

 

 

3,220

 

Operating expenses (income):

 

 

 

 

 

 

Cost of revenues

 

 

825

 

 

 

3,458

 

Research and development

 

 

359

 

 

 

395

 

Change in fair value of contingent consideration

 

 

 

 

 

(31

)

Gain on sale of property and equipment

 

 

(19

)

 

 

(328

)

Selling, general and administrative

 

 

4,392

 

 

 

4,349

 

Total operating expenses

 

 

5,557

 

 

 

7,843

 

Loss from operations

 

 

(4,048

)

 

 

(4,623

)

 

 

 

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