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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Revenues    
Total revenues $ 102,545 $ 78,251
Cost of goods sold    
Cost of goods sold 80,441 61,582
Gross profit 22,104 16,669
Operating expenses    
Research & development 1,826 1,873
Selling, general and administrative 27,707 21,865
Depreciation 324 251
Amortization 1,799 3,160
Total operating expenses 31,656 27,149
Loss from operations (9,552) (10,480)
Other income (expenses):    
Interest expense (3,496) (2,515)
Other (expenses) income (601) 7
Total other expenses (4,097) (2,508)
Net loss before income taxes (13,649) (12,988)
Provision for income taxes    
Current 35 (156)
Total provision for income taxes 35 (156)
Net loss (13,614) (13,144)
Net income attributable to non-controlling interest 67 218
Net loss attributable to OmniQ Corp (13,681) (13,362)
Foreign currency translation adjustment 365 71
Comprehensive loss (13,249) (13,073)
Less comprehensive loss attributable to non-controlling interests 20 (59)
Comprehensive loss attributable to OmniQ Corp (13,229) (13,132)
Reconciliation of net loss to net loss attributable to common shareholders    
Less: dividends attributable to non-common stockholders’ of OmniQ Corp (206) (77)
Net loss less non-common stockholder dividends (13,820) (13,221)
Non-common stockholder dividends attributable to non-controlling interest 218
Net loss attributable to common stockholders’ of OmniQ Corp $ (13,820) $ (13,439)
Net loss per share - basic attributable to common stockholders’ of OmniQ Corp $ (1.82) $ (2.20)
Weighted average number of common shares outstanding - basic 7,576,434 6,082,763