![]() ![]() For 2020, net loss was $(59.1) million as compared to a net loss of $(80.5) million, and diluted net loss per share was $(3.12) based on 18.9 million weighted average shares outstanding during 2020. For the fourth quarter, net loss was $(4.5) million as compared to net loss of $(20.5) million, and basic and diluted net loss per share was $(0.07) based on 66.1 million weighted average shares outstanding during Q4 2020.In 2020, SG&A was $83.9 million or 43% of total revenue as compared to $71.9 million or 43% of total revenue. For the fourth quarter, SG&A was $31.8 million, or 43% of revenue, as compared to $17.6 million or 64% of revenue.In 2020, adjusted gross profit per unit was $1,350 compared to $811. For the fourth quarter, adjusted gross profit per unit 2 (“Adjusted GPU”) was $514, compared to $335, a 53% increase. For 2020, gross profit per unit was $1,283 compared to negative gross profit per unit of $(213). ![]() For the fourth quarter, gross profit per unit was $466 compared to negative gross profit per unit of $(505).Please see the discussion in the section “Non-GAAP Financial Measures” and the reconciliations included at the end of this press release. For 2020, gross profit grew to $12.2 million or 6% of total revenue as compared to $(1.8) million in the prior year period.ġ See Q1 2021 Outlook for a discussion of guidance with respect to non-GAAP financial measuresĢ Adjusted gross profit and Adjusted GPU are non-GAAP financial measures. Non-GAAP adjusted gross profit 2 grew to $1.7 million or 2% of total revenue. For the fourth quarter, gross profit grew to $1.5 million or 2% of total revenue, up from $(0.7) million.Total ecommerce units sold were 9,497 and total wholesale units sold were 3,638, increases of 15% and 29%, respectively. Total ecommerce units sold were 3,308 and total wholesale units sold were 1,358, an increase of 134% and 186%, respectively. Total units sold during Q4 were 4,666, up 147%.In 2020, total revenue grew 18% to $195.7 million. ![]()
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