v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Net sales [1] $ 3,392 $ 2,673 $ 9,638 $ 2,673
Cost of goods sold 2,488 2,642 6,405 2,642
Gross profit 904 31 3,233 31
Operating expenses:        
Selling, general and administrative 4,105 8,637 12,042 8,637
Loss from continuing operations (3,201) (8,606) (8,809) (8,606)
Other expense (income):        
Interest expense, net 569 (30) 3,637 (30)
Loss/(Gain) on extinguishment of debt (469) 2,588
Change in fair value of digital assets 1,410 4,768
Change in fair value of equity securities (12) 481
Change in fair value of derivative liabilities (578) (1,170)
Bargain purchase gain (1,693) (1,693)
Other income, net (19) 32 (16) 32
Total other expense, net 939 (1,755) 10,320 (1,755)
Net loss before income taxes (4,140) (6,851) (19,129) (6,851)
Income tax expense 6
Net loss from continuing operations (4,140) (6,851) (19,135) (6,851)
Loss from discontinued operations (8,282) (22,894)
Net loss $ (4,140) $ (15,133) $ (19,135) $ (29,745)
Weighted average number of shares outstanding, basic 11,420,008 340,019 5,629,712 322,245
Weighted average number of shares outstanding, diluted 11,420,008 340,019 5,629,712 322,245
Loss per share, basic $ (0.36) $ (44.51) $ (3.40) $ (92.31)
Loss per share, diluted $ (0.36) $ (44.51) $ (3.40) $ (92.31)
[1] Prior period amounts have been presented only for Better Choice Company, Inc., as the prior year operations of SRX Canada have been deconsolidated and are presented as discontinued operations. Accordingly, the results for the three and nine months ended June 30, 2026 and June 30, 2025, reflect only the continuing operations of BTTR and Halo and are not comparable to prior periods.