XML 49 R4.htm IDEA: XBRL DOCUMENT v3.19.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) [Abstract]        
Revenues, net $ 7,480 $ 7,729 $ 22,688 $ 21,856
Cost of revenues 2,855 3,099 8,544 9,992
Gross profit 4,625 4,630 14,144 11,864
Operating expenses:        
Engineering and product development 249 224 788 831
Selling and marketing 2,887 2,487 8,911 7,737
General and administrative 2,218 2,289 7,398 6,583
Total operating expenses 5,354 5,000 17,097 15,151
Loss from operations (729) (370) (2,953) (3,287)
Other expense, net:        
Interest expense, net (153) (239) (433) (930)
Change in fair value of warrant liability (see Note 1) 0 (79) 0 (101)
Total other expense, net (153) (318) (433) (1,031)
Loss before income taxes (882) (688) (3,386) (4,318)
Income tax benefit (expense) 22 80 111 0
Net loss (860) (608) (3,275) (4,318)
Loss attributable to common shares (840) (539) (3,079) (2,784)
Loss attributable to Preferred Series C shares $ (20) $ (69) $ (196) $ (1,534)
Loss per common share:        
Basic (in dollars per share) $ (0.03) $ (0.02) $ (0.10) $ (0.17)
Diluted (in dollars per share) $ (0.03) $ (0.02) $ (0.10) $ (0.17)
Shares used in computing loss per common share:        
Basic (in shares) 32,903,287 29,912,827 31,663,355 16,099,752
Diluted (in shares) 32,903,287 29,912,827 31,663,355 16,099,752
Loss per Preferred Series C share basic and diluted (in dollars per share) $ (9.58) $ (6.82) $ (36.14) $ (64.27)
Shares used in computing loss per basic and diluted Preferred Series C Shares (in shares) 2,103 10,049 5,412 23,872