v3.23.3

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Income Statement [Abstract]
Net sales	$ 3,676	$ 4,597	$ 10,473	$ 14,271
Cost of sales	2,345	2,711	6,475	7,868
Gross profit	1,331	1,886	3,998	6,403
Operating costs and expenses:
Selling expenses	342	784	933	2,262
General and administrative expenses	1,191	2,019	3,769	4,889
Loss from operations	(202)	(917)	(704)	(748)
Other income (expense):
Interest expense, net	(2,107)	(2,064)	(6,429)	(5,876)
Other income (expense)	(16)	0	14	1,676
Total other expense	(2,123)	(2,064)	(6,415)	(4,200)
Loss before income taxes	(2,325)	(2,981)	(7,119)	(4,948)
Provision for income taxes	(25)	0	(32)	0
Net loss from continuing operations	(2,350)	(2,981)	(7,151)	(4,948)
Net income (loss) from discontinued operations, net of income taxes	(3,014)	55	(5,015)	79
Total net loss	$ (5,364)	$ (2,926)	$ (12,166)	$ (4,869)
Net loss from continuing operation per share of common stock
Basic earning per share	$ (0.01)	$ (0.01)	$ (0.03)	$ (0.02)
Diluted earning per share	(0.01)	(0.01)	(0.03)	(0.02)
Net loss from discontinuing operation per share of common stock
Basic earning per share	(0.01)	0	(0.01)	0
Diluted earning per share	$ (0.01)	$ 0	$ (0.01)	$ 0
Weighted average number of common shares outstanding - basic	259,092,833	259,092,833	259,092,833	259,092,833
Net loss per common share - basic	$ (0.02)	$ (0.01)	$ (0.05)	$ (0.02)
Weighted average number of common shares outstanding - diluted	259,092,833	259,092,833	259,092,833	259,092,833
Net loss per common share - diluted	$ (0.02)	$ (0.01)	$ (0.05)	$ (0.02)

The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities.

TWINLAB CONSOLIDATED HOLDINGS, INC. 10-Q