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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenue:        
Product $ 1,182 $ 407 $ 1,279 $ 680
Maintenance 703 653 1,322 1,309
Revenues 1,885 1,060 2,601 1,989
Cost of revenue:        
Product 139 36 165 90
Maintenance 167 214 390 423
Gross profit 1,579 810 2,046 1,476
Operating expense:        
General and administrative 987 965 2,190 1,934
Sales and marketing 816 702 1,680 1,463
Research and development 1,865 1,556 3,664 3,096
Depreciation and amortization 11 17 24 38
Total 3,679 3,240 7,558 6,531
Loss from operations (2,100) (2,430) (5,512) (5,055)
Interest expense, net 184 164 356 264
Other income, net 0 (50) 0 (50)
Loss before income taxes (2,284) (2,544) (5,868) (5,269)
Income tax expense 0 3 1 7
Net loss (2,284) (2,547) (5,869) (5,276)
Preferred dividends (720) (514) (1,489) (1,021)
Net loss available to common shareholders $ (3,004) $ (3,061) $ (7,358) $ (6,297)
Basic income and diluted loss per common share - see Note 3:        
Net loss $ (0.02) $ (0.03) $ (0.06) $ (0.06)
Preferred dividends (0.01) 0.00 (0.02) (0.01)
Basic and diluted loss per share available to common shareholders $ (0.03) $ (0.03) $ (0.08) $ (0.07)
Basic and diluted weighted-average shares outstanding 95,161,570 92,539,230 94,749,904 92,203,567