Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.20.4
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Sep. 30, 2014
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]                                                
Revenue, net                                     $ 24,220 $ 21,896        
Cost of revenue (excluding amortization of $3,989 and $3,589, respectively)                                     15,888 10,197        
Gross profit                                     8,332 11,699        
Operating expenses:                                                
Sales and marketing                                     11,116 8,421        
Research and development                                     2,810 2,124        
General and administrative                                     14,363 8,676        
Acquisition related expense                                     2,534        
Acquisition related amortization expense                                     3,989 3,589        
Change in fair value of contingent consideration                                     (44) 1,522        
Total operating expenses                                     34,768 24,332        
Operating loss                                     (26,436) (12,633)        
Accretion expense                                     (440) (331)        
Other income (expense), net                                     196 263        
Loss from continuing operations before tax                                     (26,680) (12,701)        
(Benefit) provision for income taxes                                     (28) 18        
Loss from continuing operations                                     (26,652) (12,719)        
Income from discontinued operations, net of tax                                     (88) 16        
Net loss $ (10,663) $ (7,446) $ (5,304) $ (3,326) $ (4,299) $ (3,126) $ (2,001) $ (3,277) $ (3,400) $ (6,390) $ 2,330 $ (8,003) $ (2,844) $ (5,296) $ (5,405) $ (7,488) $ (4,614) $ (4,454) (26,740) (12,703) $ 12,553 $ (22,003) $ (13,623) $ (16,768)
Less dividends on preferred stock                                     (429)        
Net loss attributable to common stockholders                                     $ (27,169) $ (12,703)        
Basic and diluted (loss) income per share of common stock:                                                
From continuing operations                                     $ (7.23) $ (4.52)        
From discontinued operations                                     (0.02)        
Net loss per basic and diluted share of common stock                 $ (1.54) [1] $ (6.61) [1] $ 5.32 [1] $ (43.97) [1] $ (15.63) [1] $ (29.75) [1] $ (34.43) [1] $ (49.26) [1] $ (30.76) [1] $ (29.89) [1] $ (7.25) $ (4.52) $ (7.96) [1] $ (120.90) [1] $ (87.95) [1] $ (112.53) [1]
Weighted average number of common shares and common share equivalents outstanding:                                                
Basic                                     3,746,000 2,816,000        
Diluted                                     3,746,000 2,816,000        
[1] Adjusted for reverse stock splits since the filing of the original financial statements.