BBX Capital Inc. Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2020



	September 30,		December 31,
	2020		2019
ASSETS
Cash and cash equivalents	$	—		35
Operating lease assets		—		772
Other assets		—		185
Discontinued operations total assets	$	—		992
LIABILITIES AND EQUITY
Liabilities:
Accounts payable	$	—		2
Accrued expenses		—		134
Operating lease liability		—		905
Discontinued operations total liabilities	$	—		1,041



	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,
	2020		2019		2020		2019
Revenues:
Trade sales	$	—		2,057		—		6,044
Other revenue		—		31		—		89
Total revenues		—		2,088		—		6,133
Costs and Expenses:
Cost of trade sales		—		1,156		—		2,452
Depreciation, amortization and accretion, net		—		183		—		690
Impairment losses		—		3,993		71		6,749
Selling, general and administrative expenses		—		1,585		20		5,715
Total costs and expenses		—		6,917		91		15,606
Pre-tax loss from discontinued operations	$	—		(4,829)		(91)		(9,473)




	For the Nine Months Ended
	September 30,
	2020		2019
Operating activities:
Pre-tax loss from discontinued operations	$	(91)		(9,473)
Adjustment to reconcile pre-tax loss to net cash
used in operating activities:
Depreciation, amortization and accretion, net		—		690
Impairment losses		71		6,749
Decrease in trade inventory		—		64
Decrease in other assets		94		470
Change in operating lease assets and liabilities		(113)		(269)
Decrease in accounts payable		(2)		(57)
Decrease in accrued expenses		(134)		(540)
Net cash used in operating activities	$	(175)		(2,366)
Investing activities:
Cash paid for intangible assets	$	—		(40)
Purchases of property and equipment		—		(542)
Net cash used in investing activities	$	—		(582)