Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations and Comprehensive Loss

v3.20.1
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 29, 2019
Dec. 30, 2018
Dec. 31, 2017
Revenue $ 372,511 $ 216,131 $ 139,231
Cost of sales (note 8) 335,490 194,470 128,380
Gross profit 37,021 21,661 10,851
Selling, general and administrative expenses (note 15) 27,040 18,062 13,960
Change in fair value of warrant liability (279) 111
Change in fair value of contingent consideration (3,050)
Restructuring charges (notes 4 and 14) 7,955 172 1,732
Impairment of property, plant and equipment 1,601
Gain on disposal of property, plant and equipment (30) (60)
Operating earnings (loss) 5,355 3,346 (6,382)
Interest expense (note 4) 10,562 3,117 903
(Loss) earnings before income taxes (5,207) 229 (7,285)
Income tax expense (recovery) (note 9)      
Current 948 752 639
Deferred (160) (75) (79)
Total income tax expense (recovery) 788 677 560
Net loss and comprehensive loss $ (5,995) $ (448) $ (7,845)
Basic loss per share (in dollars per share) $ (0.23) $ (0.02) $ (0.47)
Diluted loss per share (in dollars per share) $ (0.23) $ (0.02) $ (0.47)
Weighted average number of shares outstanding (note 10)      
Basic (in shares) 25,745,499 19,176,198 16,788,231
Diluted (in shares) 25,745,499 19,176,198 16,788,231