Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Other Comprehensive Loss (Unaudited)

v3.20.2
Condensed Consolidated Statements of Operations and Other Comprehensive Loss (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Revenue $ 1,446 $ 1,525 $ 2,872 $ 3,347
Cost of revenues 640 734 1,454 1,736
Gross profit 806 791 1,418 1,611
Operating expenses:        
General and administrative 2,232 1,184 3,765 2,966
Sales and marketing 284 317 625 502
Total operating expenses 2,516 1,501 4,390 3,468
Loss from operations (1,710) (710) (2,972) (1,857)
Other income (expense):        
Interest expense (97) (514) (175) (1,129)
Interest income 0 0 4 2
Change in fair value of acquisition note payable 0 7 4 7
Change in fair value of other derivatives 0 55 0 86
Change in fair value of warrant liability 25 206 152 199
Change in fair value of siParadigm Earn-Out (89) 0 (65) 0
Other income (expense) 105 (11) 105 (11)
Total other income (expense) (56) (257) 25 (846)
Loss from continuing operations before income taxes (1,766) (967) (2,947) (2,703)
Income tax expense (benefit) 0 (512) 6 (512)
Loss from continuing operations (1,766) (455) (2,953) (2,191)
Income (loss) from discontinuing operations 66 (3,318) 74 (6,199)
Net loss (1,700) (3,773) (2,879) (8,390)
Foreign currency translation gain (loss) (157) 35 (53) (41)
Comprehensive loss $ (1,857) $ (3,738) $ (2,932) $ (8,431)
Basic and diluted net loss per share from continuing operations (usd per share) $ (0.82) $ (0.24) $ (1.39) $ (1.24)
Basic and diluted net income (loss) per share from discontinuing operations (usd per share) 0.03 (1.74) 0.04 (3.51)
Basic and diluted net loss per share (usd per share) $ (0.79) $ (1.98) $ (1.35) $ (4.75)
Basic and diluted weighted-average shares outstanding 2,146 1,905 2,126 1,768