Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.19.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Income Statement [Abstract]    
Revenue, net $ 6,010 $ 4,809
Cost of revenue (excluding amortization of $813 and $813, respectively) 2,622 2,580
Gross profit 3,388 2,229
Operating expenses:    
Sales and marketing 2,411 1,991
Research and development 528 501
General and administrative 2,912 2,172
Acquisition related amortization expense 813 813
Total operating expenses 6,664 5,477
Operating loss (3,276) (3,248)
Accretion expense (129)
Other income (expense), net 48 111
Loss from continuing operations before tax (3,357) (3,137)
Provision for income taxes 5 6
Loss from continuing operations (3,362) (3,143)
Loss from discontinued operations, net of tax (57) (50)
Net loss $ (3,419) $ (3,193)
Basic and diluted loss per share of common stock:    
From continuing operations $ (0.10) $ (0.11)
From discontinued operations (0.00) (0.00)
Net loss per basic and diluted share of common stock $ (0.10) $ (0.11)
Weighted average number of common shares and common share equivalents outstanding:    
Basic 35,147,000 27,855,000
Diluted 35,147,000 27,855,000