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Condensed Consolidated Statements of Operations and Comprehensive Loss (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]        
REVENUE $ 117 $ 262 $ 251 $ 564
COST OF REVENUE 208 230 385 467
GROSS PROFIT (LOSS) (91) 32 (134) 97
OPERATING EXPENSES        
Amortization of Intangible Assets 450 900
General and administrative 709 510 2,798 1,000
TOTAL OPERATING EXPENSES 1,159 510 3,698 1,000
OPERATING LOSS (1,250) (478) (3,832) (903)
OTHER INCOME        
Other income 18 2,319 81 2,539
Interest expense (4) (9) (7) (69)
Gain on derivative liability 26 3 25
Gain from Change in fair value of stock-based liabilities 34 359 (20)
TOTAL OTHER INCOME 14 2,370 436 2,475
NET INCOME (LOSS) BEFORE CONTROLLING INTEREST (1,236) 1,892 (3,396) 1,572
NET INCOME ATTRIBUTILE TO NON-CONTROLLING INTEREST (27) (3) (27)
NET LOSS ATTRIBUTILE TO NET INCOME (LOSS) ATTRIBUTILE TO CUENTAS INC. $ (1,236) $ 1,865 $ (3,399) $ 1,545
Net income (loss) per basic share $ (0.20) $ 0.91 $ (0.59) $ 0.80
Net income (loss) per diluted share $ (0.20) $ 0.74 $ (0.59) $ 0.66
Weighted average number of basic common shares outstanding 6,159,255 2,058,110 5,736,822 1,938,005
Weighted average number of diluted common shares outstanding 6,159,255 2,516,405 5,736,822 2,351,507