SHIFT TECHNOLOGIES, INC. Income Statement

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Financial Statements

In millions of USD; shares in millions, except per-share amounts

	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021	FY2020 12 months to Dec 31, 2020	FY2019 12 months to Dec 31, 2019
Revenue
Ecommerce revenue, net
Retail revenue, net
Other revenue, net
Wholesale vehicle revenue
Total revenue
Cost of sales
Gross profit
Operating expenses:
Selling, general and administrative expenses
Depreciation and amortization
Restructuring expenses
Loss on impairment
Total operating expenses
Loss from operations
Interest earned on marketable securities held in Trust Account
Change in fair value of financial instruments
Gain on bargain purchase
Interest and other expense, net
Loss before income taxes
Provision for income taxes
Net loss
Weighted average shares outstanding of Class A redeemable common stock
Basic and diluted net income per share, Class A
Net loss per share attributable to common stockholders, basic and diluted (in dollars per share)
Weighted-average number of shares outstanding used to compute net loss per share attributable to common stockholders, basic and diluted (in shares)
Net loss per share, basic (in dollars per share)
Net loss per share, diluted (in dollars per share)
Weighted-average number of shares outstanding used to compute net loss per share, basic (in shares)
Weighted-average number of shares outstanding used to compute net loss per share, diluted (in shares)

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