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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
Revenues        
Total Revenues $ 1,635 $ 3,536 $ 5,724 $ 8,573
Operating costs and expenses        
Product cost 728 2,689 3,763 4,704
Services cost 635 491 1,206 753
Sales and marketing 152 263 378 661
General and administrative 2,713 1,617 5,099 5,186
Impairment of digital assets 1,187 2,423
Amortization of intangibles 144 143 287 286
Total Operating Costs and Expenses 4,372 6,390 10,733 14,013
Operating Loss from Continuing Operations (2,737) (2,854) (5,009) (5,440)
Other (Expense) Income        
Interest expense (678) (764) (1,331) (1,738)
Realized gain on sale of digital assets 164 1,271
Revaluation of conversion feature derivative liability (122) (1,868) 1,945 (2,706)
Loss on extinguishment of debt (895) (1,444)
Change in fair value of share derivative liability (280) (38) (444) (38)
Other income (expense), net 8 (3) 27 3
Total Other (Expense) Income (1,072) (3,404) 197 (4,652)
Loss from continuing operations before income taxes (3,809) (6,258) (4,812) (10,092)
Income tax expense
Loss from continuing operations (3,809) (6,258) (4,812) (10,092)
(Loss) gain from discontinued operations (111) (739) (976) 62
Net Loss $ (3,920) $ (6,997) $ (5,788) $ (10,030)
Net loss per share - basic and diluted – continuing operations (in Dollars per share) [1] $ (1.53) $ (14) $ (1.93) $ (33)
Net (loss) income per share – basic and diluted – discontinued operations (in Dollars per share) [1] $ (0.04) $ (2) $ (0.39) $ 0.2
Weighted Average Shares Outstanding - basic and diluted (in Shares) [1] 2,487,427 441,013 2,487,427 308,732
Product revenue        
Revenues        
Total Revenues $ 824 $ 2,889 $ 4,097 $ 7,418
Services revenue        
Revenues        
Total Revenues $ 811 $ 647 $ 1,627 $ 1,155
[1] Adjusted, where applicable, to reflect the retrospective application of the 1:1000 reverse stock split that became effective on August 7, 2023.