Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations

v3.21.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenue    
Total revenue $ 3,100 $ 1,246,882
Cruise operating expense    
Payroll and related 82,138 247,147
Fuel 42,603 125,024
Total cruise operating expense 200,855 994,260
Other operating expense    
Marketing, general and administrative 203,195 270,689
Depreciation and amortization 170,316 198,197
Impairment loss   1,607,797
Total other operating expense 373,511 2,076,683
Operating loss (571,266) (1,824,061)
Non-operating income (expense)    
Interest expense, net (824,441) (68,907)
Other income (expense), net 27,243 5,823
Total non-operating income (expense) (797,198) (63,084)
Net loss before income taxes (1,368,464) (1,887,145)
Income tax benefit (expense) (1,728) 6,173
Net loss $ (1,370,192) $ (1,880,972)
Weighted-average shares outstanding    
Basic (in shares) 329,377,207 213,630,798
Diluted (in shares) 329,377,207 213,630,798
Loss per share    
Basic (in dollars per share) $ (4.16) $ (8.80)
Diluted (in dollars per share) $ (4.16) $ (8.80)
Passenger ticket    
Revenue    
Total revenue $ 166 $ 840,791
Onboard and other    
Revenue    
Total revenue 2,934 406,091
Cruise operating expense    
Total cruise operating expense 1,259 74,973
Commissions, transportation and other    
Cruise operating expense    
Total cruise operating expense 9,033 332,368
Food    
Cruise operating expense    
Total cruise operating expense 6,308 49,216
Other    
Cruise operating expense    
Total cruise operating expense $ 59,514 $ 165,532