Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations (Unaudited)

v3.4.0.3
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Income Statement [Abstract]    
Revenue $ 6,068 $ 4,370
Cost of revenues 4,103 3,141
Gross profit 1,965 1,229
Operating expenses:    
Research and development 1,532 1,278
General and administrative 4,318 2,987
Sales and marketing 1,298 1,116
Total operating expenses 7,148 5,381
Loss from operations (5,183) (4,152)
Other income (expense):    
Interest expense (126) (34)
Interest income 4 13
Change in fair value of acquisition note payable 34 (90)
Change in fair value of warrant liability 17 (15)
Total other (expense) (71) (126)
Net (loss) $ (5,254) $ (4,278)
Basic net (loss) per share (usd per share) $ (0.39) $ (0.44)
Diluted net (loss) per share (usd per share) $ (0.39) $ (0.44)
Basic Weighted-Average Shares Outstanding (in shares) 13,547 9,704
Diluted Weighted-Average Shares Outstanding (in shares) 13,547 9,704