XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Condensed Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Consolidated Condensed Statements of Operations and Comprehensive Loss    
Revenues, net $ 50,603 $ 33,424
Cost of revenues 37,987 24,872
Gross profit 12,616 8,552
Operating expense:    
General and administrative expenses 15,457 10,112
Research and development 613 474
Total operating expense 16,070 10,586
Loss from operations (3,454) (2,034)
Other income (expense):    
Interest expense, net (2,317) (1,018)
Other income (expense), net (15) 15
(Gain) loss on settlement of liabilities, net 854 (1,846)
Changes in fair value of derivative liabilities (10) (265)
Total other income (expense) (1,488) (3,114)
Loss before income taxes (4,942) (5,148)
Income tax benefit (expense) 86 (21)
Net loss (4,856) (5,169)
Fixed dividends - Series B Preferred (317) (317)
Net loss attributable to common stockholders (5,173) (5,486)
Comprehensive loss:    
Net loss (4,856) (5,169)
Foreign currency translation adjustment (1,772) (261)
Total comprehensive loss $ (6,628) $ (5,430)
Net loss per common share - basic $ (0.07) $ (0.09)
Net loss per common share - diluted $ (0.07) $ (0.09)
Weighted average number of common shares outstanding - basic 65,428 55,150
Weighted average number of common shares outstanding - diluted 65,428 55,150