• Filing Date: 2020-05-13
  • Form Type: 10-Q
  • Description: Quarterly report
v3.20.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]    
Revenue $ 1,595 $ 1,010
Cost of revenue 494 490
Gross profit 1,101 520
OPERATING EXPENSES:    
General and administrative expenses 2,791 1,543
Selling and marketing expenses 371 158
Research and development expenses 543 5
Operating expenses 3,705 1,706
Loss from operations (2,604) (1,186)
Other income (expense):    
Loss on extinguishment of debt 0 (1,113)
Interest expense (1,163) (209)
Other income 0 2
Total other expense (1,163) (1,320)
Loss before income taxes (3,767) (2,506)
Income tax provision (7) (12)
Net loss from continuing operations (3,774) (2,518)
Net loss from held for sale and discontinued operations (14) (357)
Net loss $ (3,788) $ (2,875)
Loss per common share from continuing operations - basic and diluted $ (0.19) $ (0.15)
Loss per common share from held for sale and discontinued operations - basic and diluted .00 (0.02)
Loss per common share - basic and diluted $ (0.19) $ (0.17)
Weighted average shares outstanding    
Basic and diluted 21,929,768 18,800,496