XML 15 R4.htm IDEA: XBRL DOCUMENT v3.25.3
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Consolidated Statements of Operations and Comprehensive Loss        
Revenue $ 20,689 $ 18,957 $ 59,406 $ 51,651
Cost of revenue (excluding amortization of intangible assets) 6,625 6,004 18,535 16,099
Amortization of intangible assets 95 95 285 285
Gross profit 13,969 12,858 40,586 35,267
Operating expenses:        
Sales and marketing 15,227 16,472 48,692 50,691
General and administrative 3,948 3,683 11,910 11,133
Research and development 2,348 2,068 7,091 6,784
Total operating expenses 21,523 22,223 67,693 68,608
Other operating income:        
Gain on sale of product line       7,580
Loss from operations (7,554) (9,365) (27,107) (25,761)
Other (expense) income:        
Interest expense (1,201) (1,344) (3,608) (4,007)
Other income 152 337 1,010 1,135
Total other expense, net (1,049) (1,007) (2,598) (2,872)
Loss before income tax expense (8,603) (10,372) (29,705) (28,633)
Income tax expense     (85)  
Net loss $ (8,603) $ (10,372) $ (29,790) $ (28,633)
Net loss per common share, basic (in dollars per share) $ (0.19) $ (0.42) $ (0.66) $ (1.16)
Net loss per common share, diluted (in dollars per share) $ (0.19) $ (0.42) $ (0.66) $ (1.16)
Weighted average common shares outstanding, basic (in shares) 45,421,795 24,703,578 45,351,947 24,648,933
Weighted average common shares outstanding, diluted (in shares) 45,421,795 24,703,578 45,351,947 24,648,933
Comprehensive loss:        
Net loss $ (8,603) $ (10,372) $ (29,790) $ (28,633)
Foreign currency translation adjustment (2) 51 1 58
Comprehensive loss $ (8,605) $ (10,321) $ (29,789) $ (28,575)