XML 14 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenue:        
Revenue $ 778 $ 2,471 $ 2,452 $ 3,999
Cost of revenue:        
Gross profit 622 1,633 2,042 2,890
Operating expense:        
General and administrative 1,228 953 4,147 2,875
Sales and marketing 747 615 2,217 2,239
Research and development 1,073 1,117 3,456 4,503
Depreciation and amortization 11 18 43 54
Operating Expenses, Total 3,059 2,703 9,863 9,671
Loss from operations (2,437) (1,070) (7,821) (6,781)
Interest expense (income), net 0 56 0 131
Other (income) expense, net (5) 3 (5) 4
(Gain) on change in fair value of derivative liabilities (1,342) (535) (16,558) (369)
(Gain) on extinguishment of derivative liabilities and debt (1,616) 0 (1,270) 0
Other components of net periodic pension expense 36 31 141 106
Income (loss) before income taxes 490 (625) 9,871 (6,653)
Income tax expense (income) 0 1 0 (1)
Net income (loss) 490 (626) 9,871 (6,652)
Preferred dividends, preferred stock discount accretion and deemed dividends from preferred stock exchange (1,935) (2,529) (6,260) (5,275)
Net income (loss) available to common shareholders $ (1,445) $ (3,155) $ 3,611 $ (11,927)
Basic income (loss) per common share – see Note 3:        
Basic income (loss) per share available to common shareholders (in dollars per share) $ (0.00) $ (0.02) $ 0.01 $ (0.09)
Basic weighted-average shares outstanding (in shares) 340,384,468 133,341,134 326,458,778 125,558,524
Diluted income (loss) per common share – see Note 3:        
Diluted income (loss) per share available to common shareholders (in dollars per share) $ (0.00) $ (0.02) $ 0.01 $ (0.09)
Diluted weighted-average shares outstanding (in shares) 340,384,468 133,341,134 412,320,909 125,558,524
Product [Member]        
Revenue:        
Revenue $ 145 $ 1,858 $ 475 $ 2,129
Cost of revenue:        
Cost of revenue 69 715 134 781
Maintenance [Member]        
Revenue:        
Revenue 633 613 1,977 1,870
Cost of revenue:        
Cost of revenue $ 87 $ 123 $ 276 $ 328