XML 14 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Revenues $ 9,181 $ 9,711 $ 18,830 $ 19,366
Cost of revenues 3,778 3,789 7,376 7,789
Gross profit 5,403 5,922 11,454 11,577
Operating expenses:        
Research and development, net 4,151 4,297 7,495 8,474
Sales and marketing 3,146 3,590 6,182 7,446
General and administrative 2,476 2,398 4,690 4,830
Total operating expenses 9,773 10,285 18,367 20,750
Operating loss (4,370) (4,363) (6,913) (9,173)
Other income, net 2 17 8 265
Financial expenses, net [1] (290) (268) (521) (321)
Loss before taxes on income (4,658) (4,614) (7,426) (9,229)
Tax benefit 44 41 61 80
Loss $ (4,614) $ (4,573) $ (7,365) $ (9,149)
Basic and diluted loss per share $ (0.08) $ (0.08) $ (0.12) $ (0.17)
Weighted average number of shares used in computing basic and diluted loss per share 60,041 54,424 59,862 54,300
[1] This market represents customers who embed Cyren Threat Detection Services and Threat Intelligence Feeds into their infrastructure and/or products to protect their customers and users.