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Condensed 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]        
Revenue $ 3,496 $ 2,088 $ 3,979 $ 4,141
Cost of goods sold 809 2,981 1,110 4,464
Gross profit (loss) 2,687 (893) 2,869 (323)
Operating expenses        
Research and development [1] 49 536 106 1,708
Sales and marketing [1] 12 78
General and administrative [1] 1,486 5,396 3,665 11,176
Depreciation and amortization 68 262 137 1,003
Impairment 15,775 896 15,775
Loss (gain) on sales (ID, DWXC, SKS) [2] 2,564 (454) 2,564
Loss on lease abandonment 11,329 11,329
Gain on the sale of assets (8,441)
Total operating expenses, net 1,603 35,873 4,350 35,191
Income (loss) from operations 1,084 (36,766) (1,481) (35,514)
Other expense        
Interest expense (404) (1,348) (823) (2,227)
Other expense (42) (42)
Loss on extinguishment of debt (445) (618)
Loss on inducement of debt conversions (1,946)
Foreign currency transaction loss (1) (1)
Total other expense (446) (1,794) (2,811) (2,846)
Income (loss) from continuing operations 638 (38,560) (4,292) (38,360)
Income from discontinued operations, net of tax 811 747
Net income (loss) 638 (37,749) (4,292) (37,613)
Dividend on preferred stock (185) (185) (370) (308)
Net income (loss) attributable to common stockholders $ 453 $ (37,934) $ (4,662) $ (37,921)
Net income (loss) per share        
Basic from continuing operations (in Dollars per share) $ 0.17 $ (0.45) $ (1.76) $ (0.46)
Basic from discontinued operations (in Dollars per share) $ 0.01 $ 0.01
Weighted average number of common shares outstanding        
Weighted average number of common shares outstanding basic (in Shares) 2,693,971 861,264 2,643,236 848,467
[1] These are exclusive of depreciation and amortization
[2] Innovation Digital (“ID”) and DragonWave-X Canada (“DWXC”) were sold in 2022. Sky Sapience (“SKS”) was sold in 2023.