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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenue:        
Product revenue $ 1,007,915 $ 2,129,125 $ 3,925,504 $ 6,549,832
Support and services revenue 3,052,246 3,976,308 9,140,187 12,329,042
Total revenue 4,060,161 6,105,433 13,065,691 18,878,874
Cost of revenue:        
Product 62,742 118,880 128,632 669,564
Support and service 645,700 1,115,703 1,964,897 3,788,282
Total cost of revenue 708,442 1,234,583 2,093,529 4,457,846
Gross profit 3,351,719 4,870,850 10,972,162 14,421,028
Operating expenses:        
Research and development costs 1,065,031 1,216,663 2,997,826 5,536,658
Selling and marketing 1,144,271 1,128,850 3,209,930 5,288,991
General and administrative 1,068,754 1,163,676 4,175,578 4,130,570
Restructuring costs (benefit) 315,283 76,705 951,265 (159,597)
Total operating expenses 3,593,339 3,585,894 11,334,599 14,796,622
Operating income (loss) (241,620) 1,284,956 (362,437) (375,594)
Interest and other income (loss), net (187,667) 134,321 (501,087) 260,121
Income (loss) before income taxes (429,287) 1,419,277 (863,524) (115,473)
Income tax expense (benefit) (96,858) (9,896) (33,868) 207,352
Net income (loss) (332,429) 1,429,173 (829,656) (322,825)
Less: Accrual of Series A redeemable convertible preferred stock dividends 229,022 215,000 687,152 634,664
Less: Deemed dividend on Series A redeemable convertible preferred stock 0 0 2,269,042 0
Less: Accretion to redemption value of Series A redeemable convertible preferred stock 124,993 0 240,743 0
Net income (loss) attributable to common stockholders $ (686,444) $ 1,214,173 $ (4,026,593) $ (957,489)
Basic net loss per share attributable to common stockholders (in dollars per share) $ (0.01) $ 0.03 $ (0.05) $ (0.02)
Diluted net loss per share attributable to common stockholders (in dollars per share) $ (0.01) $ 0.02 $ (0.05) $ (0.02)
Weighted average basic shares outstanding (in shares) 97,935,348 44,552,892 75,844,719 44,362,367
Weighted average diluted shares outstanding (in shares) 97,935,348 54,235,876 75,844,719 44,362,367