| Schedule of Segment Reporting Information, by Segment |
The following is key financial information by reportable segment which is used by management in evaluating performance and allocating resources (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the Three Months Ended
September 30, 2022 | | For the Three Months Ended
September 30, 2021 | | Revenue | | Cost of revenue | | Gross profit | | Revenue | | Cost of revenue | | Gross profit | | United States: | | | | | | | | | | | | | Franchise | $ | 11,722 | | | $ | 1,158 | | | $ | 10,564 | | | $ | 11,856 | | | $ | 1,047 | | | $ | 10,809 | | | Equipment and merchandise | 4,805 | | | 3,796 | | | 1,009 | | | 4,162 | | | 2,239 | | | 1,923 | | | $ | 16,527 | | | $ | 4,954 | | | $ | 11,573 | | | $ | 16,018 | | | $ | 3,286 | | | $ | 12,732 | | | Australia: | | | | | | | | | | | | | Franchise | $ | 3,302 | | | $ | 168 | | | $ | 3,134 | | | $ | 3,328 | | | $ | 158 | | | $ | 3,170 | | | Equipment and merchandise | 664 | | | 606 | | | 58 | | | 2,234 | | | $ | 1,992 | | | 242 | | | $ | 3,966 | | | $ | 774 | | | $ | 3,192 | | | $ | 5,562 | | | $ | 2,150 | | | $ | 3,412 | | | Rest of World: | | | | | | | | | | | | | Franchise | $ | 3,541 | | | $ | 143 | | | $ | 3,398 | | | $ | 3,329 | | | $ | 281 | | | $ | 3,048 | | | Equipment and merchandise | 5,293 | | | 3,548 | | | 1,745 | | | 2,268 | | | 1,521 | | | 747 | | | $ | 8,834 | | | $ | 3,691 | | | $ | 5,143 | | | $ | 5,597 | | | $ | 1,802 | | | $ | 3,795 | | | Consolidated: | | | | | | | | | | | | | Franchise | $ | 18,565 | | | $ | 1,469 | | | $ | 17,096 | | | $ | 18,513 | | | $ | 1,486 | | | $ | 17,027 | | | Equipment and merchandise | 10,762 | | | 7,950 | | | 2,812 | | | 8,664 | | | 5,752 | | | 2,912 | | | $ | 29,327 | | | $ | 9,419 | | | $ | 19,908 | | | $ | 27,177 | | | $ | 7,238 | | | $ | 19,939 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the Nine Months Ended
September 30, 2022 | | For the Nine Months Ended
September 30, 2021 | | Revenue | | Cost of revenue | | Gross profit | | Revenue | | Cost of revenue | | Gross profit | | United States: | | | | | | | | | | | | | Franchise | $ | 36,268 | | | $ | 3,565 | | | $ | 32,703 | | | $ | 31,823 | | | $ | 3,377 | | | $ | 28,446 | | | Equipment and merchandise | 34,206 | | | 16,794 | | | 17,412 | | | 11,166 | | | 6,154 | | | 5,012 | | | $ | 70,474 | | | $ | 20,359 | | | $ | 50,115 | | | $ | 42,989 | | | $ | 9,531 | | | $ | 33,458 | | | Australia: | | | | | | | | | | | | | Franchise | $ | 10,242 | | | $ | 473 | | | $ | 9,769 | | | $ | 9,319 | | | $ | 430 | | | $ | 8,889 | | | Equipment and merchandise | 3,893 | | | $ | 3,394 | | | 499 | | | 3,762 | | | 3,313 | | | 449 | | | $ | 14,135 | | | $ | 3,867 | | | $ | 10,268 | | | $ | 13,081 | | | $ | 3,743 | | | $ | 9,338 | | | Rest of World: | | | | | | | | | | | | | Franchise | $ | 11,024 | | | $ | 352 | | | $ | 10,672 | | | $ | 11,108 | | | $ | 355 | | | $ | 10,753 | | | Equipment and merchandise | 13,735 | | | 7,384 | | | 6,351 | | | 5,022 | | | 3,205 | | | 1,817 | | | $ | 24,759 | | | $ | 7,736 | | | $ | 17,023 | | | $ | 16,130 | | | $ | 3,560 | | | $ | 12,570 | | | Consolidated: | | | | | | | | | | | | | Franchise | $ | 57,534 | | | $ | 4,390 | | | $ | 53,144 | | | $ | 52,250 | | | $ | 4,162 | | | $ | 48,088 | | | Equipment and merchandise | 51,834 | | | 27,572 | | | 24,262 | | | 19,950 | | | 12,672 | | | 7,278 | | | $ | 109,368 | | | $ | 31,962 | | | $ | 77,406 | | | $ | 72,200 | | | $ | 16,834 | | | $ | 55,366 | | | | | | | | | | | | | |
(1) Revenues for the three and nine months ended September 30, 2021 have been recast by management to reflect changes in inter-segment profit in order to conform to current year presentation.
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| Schedule of Reconciliation of Operating Profit (Loss) from Segments to Consolidated |
The reconciliation between reportable segment gross profit to condensed consolidated net loss is as follows (in thousands): | | | | | | | | | | | | | For the Three Months Ended
September 30, | | 2022 | | 2021 | | Segment gross profit | $ | 19,908 | | | $ | 19,939 | | | Selling, general and administrative expenses | 53,913 | | | 110,492 | | | | | | | | | | | Change in fair value - warrant liabilities | (3,192) | | | — | | | Interest expense, net | 12,620 | | | 41,897 | | | Other expense, net | 2,567 | | | (2,035) | | | Provision (benefit) for income taxes | 14,010 | | | (222) | | | Net loss | $ | (60,010) | | | $ | (130,193) | |
| | | | | | | | | | | | | For the Nine Months Ended
September 30, | | 2022 | | 2021 | | Segment gross profit | $ | 77,406 | | | $ | 55,366 | | | Selling, general and administrative expenses | 138,831 | | | 145,882 | | | | | | | Loss on derivative liabilities, net | — | | | 48,603 | | | Change in fair value - warrant liabilities | (4,457) | | | — | | | Interest expense, net | 13,442 | | | 59,165 | | | Other expense (income), net | 1,953 | | | (1,415) | | | Provision for income taxes | 20,061 | | | 693 | | | Net loss | $ | (92,424) | | | $ | (197,562) | |
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