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Business Acquisitions
 6 Months Ended
Jun. 30, 2022
Business Combinations [Abstract]  
BUSINESS ACQUISITIONS

NOTE 19 BUSINESS ACQUISITIONS

 

During 2021, the Company completed the acquisitions of Fastback Networks, a telecommunications provider, Sky Sapience Ltd., a tethered drone provider, Rvision, Inc., a video and communications developer, Innovation Digital, a developer of signal processing solutions, RF Engineering and Energy Resource, an antenna and accessories provider, and SAGUNA Networks, a software developer to expand the Company’s product offerings and developments.

 

The following information represents the unaudited pro forma combined results of operations, giving effect to the acquisitions as if they occurred at the beginning of the period ended June 30, 2021.

 

   For the
Three Months Ended		   For the
Six Months Ended		 
(Amounts in thousands)  June 30,
2021		   June 30,
2021		 
         
Revenue from continuing operations  $2,585   $4,416 
           
Net loss from continuing operations  $(11,409)  $(28,790)
           
Basic and diluted loss per common share  $(0.15)  $(0.38)
           
Weighted-average common shares outstanding   78,433,662   $75,442,895