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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenue:        
Product $ 160 $ 1,182 $ 438 $ 1,279
Maintenance 652 703 1,305 1,322
Revenues 812 1,885 1,743 2,601
Cost of revenue:        
Product 34 139 117 165
Maintenance 106 167 226 390
Gross profit 672 1,579 1,400 2,046
Operating expense:        
General and administrative 894 970 2,001 2,141
Sales and marketing 934 816 1,939 1,680
Research and development 1,840 1,865 3,614 3,664
Depreciation and amortization 17 11 36 24
Total 3,685 3,662 7,590 7,509
Loss from operations (3,013) (2,083) (6,190) (5,463)
Interest expense (income), net (31) 184 (53) 356
Other expense 1 0 1 0
Change in fair value of derivative liabilities (481) 0 (57) 0
Other components of net periodic pension expense 45 17 78 49
Loss before income taxes (2,547) (2,284) (6,159) (5,868)
Income tax expense 1 0 1 1
Net loss (2,548) (2,284) (6,160) (5,869)
Preferred dividends, deemed dividend accretion (1,374) (720) (2,668) (1,489)
Net loss available to common shareholders $ (3,922) $ (3,004) $ (8,828) $ (7,358)
Basic income and diluted loss per common share - see Note 3:        
Net loss $ (0.03) $ (0.02) $ (0.06) $ (0.06)
Preferred dividends, deemed dividend accretion (0.01) (0.01) (0.03) (0.02)
Basic and diluted loss per share available to common shareholders $ (0.04) $ (0.03) $ (0.09) $ (0.08)
Basic and diluted weighted-average shares outstanding 103,431,623 95,161,570 100,928,835 94,749,904