v3.20.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]    
Revenue, net $ 9,200 $ 6,010
Cost of revenue (excluding amortization of $1,031 and $813, respectively) 6,113 2,622
Gross profit 3,087 3,388
Operating expenses:    
Sales and marketing 2,481 2,411
Research and development 809 528
General and administrative 4,887 2,912
Acquisition related amortization expense 1,031 813
Total operating expenses 9,208 6,664
Operating loss (6,121) (3,276)
Interest accretion (109) (129)
Other income (expense), net 47 48
Loss from continuing operations before tax (6,183) (3,357)
Provision for income taxes 15 5
Loss from continuing operations, net of tax (6,198) (3,362)
Less adjustment for preferred stock deemed dividend (3,033)
Loss from continuing operations attributable to common stockholders (9,231) (3,362)
Loss from discontinued operations, net of tax (65) (57)
Net loss attributable to common stockholders $ (9,296) $ (3,419)
Basic and diluted loss per share of common stock:    
From continuing operations $ (2.31) $ (0.96)
From discontinued operations (0.01) (0.01)
Net loss per basic and diluted share of common stock $ (2.32) $ (0.97)
Weighted average number of common shares and common share equivalents outstanding:    
Basic 4,004,000 3,515,000
Diluted 4,004,000 3,515,000

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