• Filing Date: 2019-11-15
  • Form Type: 10-Q/A
  • Description: Quarterly report (Amendment)
v3.19.3
Condensed Consolidated Statements of Changes in Stockholders' (Deficit) Equity - USD ($)
$ in Thousands
Common Stock
Series B
Additional Paid-In Capital
Accumulated Deficit
Total
Beginning balance, shares at Dec. 31, 2017 14,463,364 240,861      
Beginning balance, amount at Dec. 31, 2017 $ 1 $ 0 $ 12,343 $ (5,834) $ 6,510
Adjustment to adopt new accounting guidance revenue recognition       (67) (67)
Beginning balance, shares at January 1, 2018 14,463,364 240,861      
Beginning balance, amounts at January 1, 2018 $ 1 $ 0 12,343 (5,901) 6,443
Stock-based compensation     296   296
Issuance of warrants     123   123
Common stock issued in Secure Education Consultants acquisition, shares 33,333        
Common stock issued in Secure Education Consultants acquisition, amount $ 0   163   163
Issuance related to note payable, shares 35,000        
Issuance related to note payable, amount $ 0   126   126
Issuance upon exercise of stock options, shares 13,998        
Issuance upon exercise of stock options, amount $ 0   23   23
Preferred stock dividends       (345) (345)
Accretion of Series A preferred stock     (483)   (483)
Net loss (3,619) (3,619)
Ending balance, shares at Sep. 30, 2018 14,545,695 240,861      
Ending balance, amount at Sep. 30, 2018 $ 1 $ 0 12,591 (9,865) 2,727
Beginning balance, shares at Jun. 30, 2018 14,535,695 240,861      
Beginning balance, amount at Jun. 30, 2018 $ 1 $ 0 12,655 (9,247) 3,409
Stock-based compensation     87   87
Issuance upon exercise of stock options, shares 10,000        
Issuance upon exercise of stock options, amount $ 0   16   16
Preferred stock dividends       (115) (115)
Accretion of Series A preferred stock     (167)   (167)
Net loss (503) (503)
Ending balance, shares at Sep. 30, 2018 14,545,695 240,861      
Ending balance, amount at Sep. 30, 2018 $ 1 $ 0 12,591 (9,865) 2,727
Beginning balance, shares at Dec. 31, 2018 18,767,619 240,861      
Beginning balance, amount at Dec. 31, 2018 $ 2 $ 0 15,518 (12,064) 3,456
Stock-based compensation     314   314
Issuance of warrants in conjunction with notes payable     706   $ 706
Exercise of cashless warrants in exchange for common stock 828,541       0
Exercise of warrants in exchange for common stock 103,125        
Exercise of warrants in exchange for common stock, amount     103   $ 103
Common stock issued in OpenALPR Technology acquisition, shares 600,000        
Common stock issued in OpenALPR Technology acquisition, amount $ 0   397   397
Issuance of common stock pursuant to at the market offering net, shares 103,566        
Issuance of common stock pursuant to at the market offering net, amount $ 0   38   38
Exercise of warrants related to series A preferred stock, shares 3,638        
Exercise of warrants related to series A preferred stock, amount $ 0   4   4
Preferred stock dividends       (344) (344)
Accretion of Series A preferred stock     (554)   (554)
Net loss (11,428) (11,428)
Ending balance, shares at Sep. 30, 2019 20,406,489 240,861      
Ending balance, amount at Sep. 30, 2019 $ 2 $ 0 16,526 (23,836) (7,308)
Beginning balance, shares at Jun. 30, 2019 19,382,185 240,861      
Beginning balance, amount at Jun. 30, 2019 $ 2 $ 0 16,496 (20,094) (3,596)
Stock-based compensation     76   $ 76
Exercise of cashless warrants in exchange for common stock 813,975       0
Exercise of warrants in exchange for common stock 103,125        
Exercise of warrants in exchange for common stock, amount     103   $ 103
Issuance of common stock pursuant to at the market offering net, shares 103,566        
Issuance of common stock pursuant to at the market offering net, amount $ 0   38   38
Exercise of warrants related to series A preferred stock, shares 3,638        
Exercise of warrants related to series A preferred stock, amount $ 0   4   4
Preferred stock dividends       (114) (114)
Accretion of Series A preferred stock     (191)   (191)
Net loss (3,628) (3,628)
Ending balance, shares at Sep. 30, 2019 20,406,489 240,861      
Ending balance, amount at Sep. 30, 2019 $ 2 $ 0 $ 16,526 $ (23,836) $ (7,308)