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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenue, net of contractual allowances and adjustments $ 1,645 $ 1,199 $ 3,127 $ 2,116
less allowance for doubtful accounts (337) (257) (603) (461)
Net sales 1,308 942 2,524 1,655
Total cost of sales 1,137 770 2,228 1,445
Gross profit 171 172 296 210
OPERATING EXPENSES:        
Operating expenses 2,430 2,467 4,758 4,564
OPERATING LOSS (2,259) (2,295) (4,462) (4,354)
OTHER INCOME (EXPENSE):        
Interest income (expense), net 246 (178) (467) (201)
Warrant revaluation (372) (822) 564 (582)
Loss on modification of warrants   (1,128)   (1,128)
Derivative revaluation   (438)   (415)
Gain on settlement of liability, net 0 1,084 0 1,251
Loss on extinguishment of debt     1,225  
Loss on litigation   (266)   (266)
Loss on issuance of convertible notes   (1,870)   (1,870)
Other income 153   153  
Total other expenses 27 (3,618) (975) (3,211)
LOSS BEFORE INCOME TAXES (2,232) (5,913) (5,437) (7,565)
NET LOSS (2,232) (5,913) (5,437) (7,565)
Less: Net income attributable to noncontrolling interest in joint venture (17)   (17)  
Deemed dividends related to beneficial conversion feature of preferred stock and fair value of warrant down round features     (3,344)  
NET LOSS ATTRIBUTABLE TO PRECIPIO, INC. COMMON STOCKHOLDERS $ (2,249) $ (5,913) $ (8,798) $ (7,565)
BASIC AND DILUTED LOSS PER COMMON SHARE (IN DOLLARS PER SHARE) $ (0.20) $ (1.05) $ (0.89) $ (1.66)
BASIC AND DILUTED WEIGHTED-AVERAGE SHARES OF COMMON STOCK OUTSTANDING (IN SHARES) 11,353,093 5,655,022 9,862,525 4,554,571
Service revenue, net [Member]        
Revenue, net of contractual allowances and adjustments $ 1,616 $ 1,195 $ 3,074 $ 2,105
less allowance for doubtful accounts (337) (257) (603) (461)
Net sales 1,279 938 2,471 1,644
Other [Member]        
Revenue, net of contractual allowances and adjustments $ 29 $ 4 $ 53 $ 11