$AIFC
APPLIANCE RECYCLING CENTERS OF AMERICA INC /MN
CIK:0000862861|SEC Filings
Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 27, 2026 |
Jun. 28, 2025 |
Jun. 27, 2026 |
Jun. 28, 2025 |
|
| Income Statement [Abstract] | ||||
| Revenues | $ 2,414 | $ 6,378 | $ 7,126 | $ 11,892 |
| Cost of revenues | 59 | 3,603 | 1,197 | 6,526 |
| Gross profit | 2,355 | 2,775 | 5,929 | 5,366 |
| Operating expenses: | ||||
| Selling, general and administrative expenses | 3,063 | 4,870 | 9,380 | 9,091 |
| Operating loss | (708) | (2,095) | (3,451) | (3,725) |
| Other income (expense): | ||||
| Interest income (expense), net | (570) | (550) | (1,076) | (1,270) |
| Unrealized gain on exchange transactions | 41 | 211 | 298 | |
| Unrealized loss on crypto-currency assets | (285,149) | (633,450) | ||
| Realized gain (loss) on exchange transactions | 520 | (3,485) | (5,562) | (3,177) |
| Other income (expense), net | 376 | (15) | 1,654 | (96) |
| Total other (expense) income, net | (284,782) | (3,839) | (638,434) | (4,245) |
| Loss before benefit (provision) for income taxes | (285,490) | (5,934) | (641,885) | (7,970) |
| Income tax benefit (provision) | 57,143 | (432) | 142,223 | (147) |
| Net loss from continuing operations | (228,347) | (5,502) | (499,662) | (7,823) |
| Loss from discontinued operations | (1,210) | (657) | (1,387) | (1,197) |
| Income tax provision from discontinued operations | 2,956 | 2,956 | ||
| Net loss from discontinued operations | (1,210) | (3,613) | (1,387) | (4,153) |
| Net loss | $ (229,557) | $ (9,115) | $ (501,049) | $ (11,976) |
| Net loss per share: | ||||
| Net loss per share from continuing operations, basic | $ (1.67) | $ (0.30) | $ (3.79) | $ (0.46) |
| Net loss per share from continuing operations, diluted | (1.67) | (0.30) | (3.79) | (0.46) |
| Net loss per share from discontinued operations, basic | (0.01) | (0.19) | (0.01) | (0.24) |
| Net loss per share from discontinued operations, diluted | (0.01) | (0.19) | (0.01) | (0.24) |
| Net loss per share, basic | (1.68) | (0.49) | (3.80) | (0.70) |
| Net loss per share, diluted | $ (1.68) | $ (0.49) | $ (3.80) | $ (0.70) |
| Weighted average common shares outstanding: | ||||
| Basic | 136,634,138 | 18,550,568 | 131,726,513 | 17,050,637 |
| Diluted | 136,634,138 | 18,550,568 | 131,726,513 | 17,050,637 |
| Effect of foreign currency translation adjustments | $ (3,025) | $ 1,652 | $ 5,052 | $ 5,285 |
| Total other comprehensive loss, net of tax | (3,025) | 1,652 | 5,052 | 5,285 |
| Comprehensive loss | $ (232,582) | $ (7,463) | $ (495,997) | $ (6,691) |