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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenue:        
Product $ 78 $ 425 $ 1,357 $ 1,105
Maintenance 658 659 1,980 1,967
Revenues 736 1,084 3,337 3,072
Cost of revenue:        
Product 9 17 175 108
Maintenance 151 214 540 637
Gross profit 576 853 2,622 2,327
Operating expense:        
General and administrative 981 881 3,172 2,815
Sales and marketing 920 656 2,600 2,119
Research and development 1,820 1,583 5,483 4,679
Depreciation and amortization 10 16 34 54
Total 3,731 3,136 11,289 9,667
Loss from operations (3,155) (2,283) (8,667) (7,340)
Interest expense, net 141 178 497 443
Change in fair value of derivative liabilities 186 0 186 0
Other income, net 0 (75) 0 (125)
Loss before income taxes (3,482) (2,386) (9,350) (7,658)
Income tax expense 0 4 1 10
Net loss (3,482) (2,390) (9,351) (7,668)
Preferred dividends (949) (553) (2,437) (1,575)
Preferred stock exchange 0 (1,245) 0 (1,245)
Net loss available to common shareholders $ (4,431) $ (4,188) $ (11,788) $ (10,488)
Basic income and diluted loss per common share        
Net loss $ (0.04) $ (0.03) $ (0.10) $ (0.08)
Preferred dividends (.01) (0.00) (.02) (.02)
Preferred stock exchange 0.00 (0.01) 0.00 (0.01)
Basic and diluted loss per share available to common shareholders $ (0.05) $ (0.04) $ (0.12) $ (0.11)
Basic and diluted weighted-average shares outstanding 95,838,813 93,197,689 95,116,862 92,538,582