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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Revenues $ 134 $ 123 $ 223 $ 227
Cost of revenues 62 62 115 113
Gross profit 72 61 108 114
Operating expenses:        
General and administrative, including stock based compensation of $811 thousand and $137 thousand for the three months ended, $1,043 thousand and $943 thousand for the six months ended June 30, 2023 and 2022, respectively 2,816 1,320 4,887 4,101
Research and development, including stock based compensation of $2 thousand and $1,958 thousand for the three months ended, $630 thousand and $3,660 thousand for the six months ended June 30, 2023 and 2022, respectively 498 2,884 2,023 4,936
Impairment of Intangible assets 6,131 0 6,131 0
Excess fair value of equity issuance over assets received 0 72 0 904
Total operating expenses 9,445 4,276 13,041 9,941
Loss from operations (9,373) (4,215) (12,933) (9,827)
Other income (expenses)        
Interest income (expense) 3 (41) (43) (96)
Change in fair value of derivative liability 0 37 27 173
Other income (expenses) 287 92 715 168
Total other income (expenses) 290 88 699 245
Loss before provision for income taxes (9,083) (4,127) (12,234) (9,582)
Provision for income taxes 0 0 0 0
Net loss attributable to AppTech common shareholder (9,083) (4,127) (12,234) (9,582)
Deemed dividend related to warrant resets 0 0 (763) 0
Net loss $ (9,083) $ (4,127) $ (12,997) $ (9,582)