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XL FLEET CP   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period202120202019
Period End Date12/31/202112/31/202012/31/2019
Total Revenues15.6020.347.22
Cost of revenues16.3017.598.08
Gross Profit(0.70)2.74(0.86)
Research and development10.784.452.87
Selling, general, and administrative expenses47.4413.599.84
Income (Loss) from operations(58.91)(15.29)(13.57)
Interest expense, net0.046.372.15
Loss on asset disposal(0.03)----
Change in fair value of warrant liability90.14(35.02)--
Loss on extinguishment of debt--(1.04)--
Other income0.06----
Loss on impairment of investment(3.00)----
Change in fair value of convertible notes payable derivative liabilities--(2.89)0.82
Change in fair value of obligation toissue shares of common stock tosellers of World Energy0.57----
Net income28.79(60.61)(14.90)
Net Income (Loss) Available to Common Shareholders28.79(60.61)(14.90)
Net earnings (loss) per share - Basic0.21(0.72)(0.19)
Net earnings (loss) per share - Diluted0.19(0.72)(0.19)
Weighted Average Shares Outstanding- Diluted138.4684.5779.82
Weighted Average Shares Outstanding- Diluted148.5184.5779.82