XML 14 R4.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenue $ 18,620 $ 15,792 $ 30,140 $ 28,287
Cost of revenue (exclusive of items shown separately below):        
Sales and marketing 7,728 9,195 11,368 16,159
Operations and support 16,024 14,090 28,126 25,141
Technology and product development 4,291 4,538 8,130 8,709
General and administrative 14,194 14,494 28,562 27,585
Depreciation and amortization 3,297 2,639 5,779 5,348
Total Operating Expenses 47,300 46,330 85,115 85,314
Loss from Operations (28,680) (30,538) (54,975) (57,027)
Other Income (Expense)        
Convertible promissory note fair value adjustment (2,244) 2,583 676 1,756
Warrant fair value adjustment 184 (9,548) 173 (8,717)
Interest income (expense), net 78 (2,630) 284 (5,243)
Other income (expense), net 185 557 395 686
Total Other Income (Expense) (1,797) (9,038) 1,528 (11,518)
Loss before Benefit for Income Taxes (30,477) (39,576) (53,447) (68,545)
Income Tax Benefit (208) (157) (379) (381)
Net Loss (30,269) (39,419) (53,068) (68,164)
Foreign Currency Translation (Loss) Gain (586) (9,017) 235 (11,506)
Comprehensive Loss $ (30,855) $ (48,436) $ (52,833) $ (79,670)
Net Loss Per Share Attributable to Stockholders (Note 15):        
Basic $ (0.33) $ (1.75) $ (0.57) $ (3.04)
Diluted $ (0.33) $ (1.75) $ (0.57) $ (3.04)
Weighted average shares outstanding, Basic 92,608,276 22,509,569 92,460,655 22,430,714
Weighted average shares outstanding, Diluted 92,608,276 22,509,569 92,460,655 22,430,714
Service revenue [Member]        
Revenue $ 18,224 $ 15,405 $ 29,423 $ 27,612
Cost of revenue (exclusive of items shown separately below):        
Cost of revenue 1,730 1,340 3,075 2,315
Lease revenue [Member]        
Revenue 396 387 717 675
Cost of revenue (exclusive of items shown separately below):        
Cost of revenue $ 36 $ 34 $ 75 $ 57