v3.21.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Income Statement [Abstract]    
Revenue, net $ 9,833 $ 9,059
Cost of revenue (excluding amortization of $1,112 and $1,115, respectively) 5,316 6,113
Gross profit 4,517 2,946
Operating expenses:    
Sales and marketing 2,351 2,481
Research and development 637 809
General and administrative 2,979 4,837
Transition expenses 1,253 56
Acquisition related amortization expense 1,112 1,115
Total operating expenses 8,332 9,298
Operating loss (3,815) (6,352)
Interest accretion expense (135) (109)
Other (expense) income , net (188) 47
Loss from continuing operations before tax (4,138) (6,414)
Provision for income taxes 15 15
Loss from continuing operations (4,153) (6,429)
Loss from discontinued operations, net of tax (54) (65)
Net loss (4,207) (6,494)
Less adjustment for preferred stock deemed dividend (3,033)
Net loss attributable to common stockholders $ (4,207) $ (9,527)
Basic and diluted loss per share of common stock:    
From continuing operations $ (1.02) $ (2.37)
From discontinued operations (0.01) (0.01)
Net loss per basic and diluted share of common stock $ (1.03) $ (2.38)
Weighted average number of common shares and common share equivalents outstanding:    
Basic 4,089,000 4,004,000
Diluted 4,089,000 4,004,000

Source