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 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Revenue $ 1,568 $ 2,069 $ 4,440 $ 5,416
Cost of revenues 912 993 2,366 2,729
Gross profit 656 1,076 2,074 2,687
Operating expenses:        
General and administrative 1,217 1,239 4,982 4,205
Sales and marketing 354 322 979 824
Impairment of goodwill 0 2,873 0 2,873
Merger costs 454 284 454 284
Total operating expenses 2,025 4,718 6,415 8,186
Loss from operations (1,369) (3,642) (4,341) (5,499)
Other income (expense):        
Interest expense (108) (200) (283) (1,327)
Interest income 0 0 4 0
Change in fair value of acquisition note payable 0 5 4 12
Change in fair value of other derivatives 0 0 0 86
Change in fair value of warrant liability (19) 34 133 233
Change in fair value of siParadigm Earn-Out (1) (982) (66) (982)
Other income (expense) 146 0 251 (11)
Total other income (expense) 18 (1,143) 43 (1,989)
Loss from continuing operations before income taxes (1,351) (4,785) (4,298) (7,488)
Income tax expense (benefit) 2 0 8 (512)
Loss from continuing operations (1,353) (4,785) (4,306) (6,976)
Income from discontinuing operations 0 6,760 74 561
Net income (loss) (1,353) 1,975 (4,232) (6,415)
Foreign currency translation gain (loss) (29) (120) (82) (161)
Comprehensive income (loss) $ (1,382) $ 1,855 $ (4,314) $ (6,576)
Basic and diluted net loss per share from continuing operations (usd per share) $ (0.58) $ (2.38) $ (1.96) $ (3.77)
Basic and diluted net income per share from discontinuing operations (usd per share) 0 3.36 0.03 0.30
Basic and diluted net income (loss) per share (usd per share) $ (0.58) $ 0.98 $ (1.93) $ (3.47)
Basic and diluted weighted-average shares outstanding 2,328 2,014 2,193 1,850