XML 16 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements of Operations (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
Revenue $ 181 $ 366 $ 554 $ 975
Cost of revenue - Hardware, calls and network charges 3 49 5 75
Cost of revenue - Amortization of software development costs 512 493 1,012 1,005
Total cost of revenue 515 542 1,017 1,080
Gross margin (334) (176) (463) (105)
Expenses:        
General and administrative 566 878 1,412 1,842
Depreciation 7 15 15 30
Impairment charge 572   572
Research and development 121 186 255 374
Total expenses 1,266 1,079 2,254 2,246
Loss from operations (1,600) (1,255) (2,717) (2,351)
Other income and expense:        
Interest expense (177) (176) (356) (356)
Foreign exchange (3) 2 (2) 9
Total other income and expense (180) (174) (358) (347)
Loss before income taxes (1,780) (1,429) (3,075) (2,698)
Income tax benefit (11) (11) (22) (22)
Net Loss (1,769) (1,418) (3,053) (2,676)
Less: Preferred Dividends (25) (50)
Net loss attributable to One Horizon Group Inc. common stockholders $ (1,769) $ (1,443) $ (3,053) $ (2,726)
Earnings per share        
Basic net loss per share (in dollars per share) $ (0.28) $ (0.25) $ (0.49) $ (0.47)
Diluted net loss per share (in dollars per share) $ (0.28) $ (0.25) $ (0.49) $ (0.47)
Weighted average number of shares outstanding        
Basic and diluted (in shares) 6,287 5,864 6,231 5,861