• Filing Date: 2020-08-03
  • Form Type: 10-Q
  • Description: Quarterly report
v3.20.2
GENERAL AND BASIS OF PRESENTATION (Tables)
6 Months Ended
Jun. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Note Exchange
     June 30, 2020 as presented      Impact of Note Exchange      Proforma June 30, 2020  
Accounts payable and accrued expenses   $ 4,182     $ (279 )   $ 3,903  
Total current liabilities     5,670       (279 )     5,391  
Notes payable subject to exchange for stock     14,636       (14,636 )     -  
Notes payable, long-term       5,367        -        5,367  
Total liabilities     27,243       (14,636 )     12,607  
Additional paid-in capital     22,180       14,915       37,095  
Total stockholders’ (deficit) equity     (10,862 )     14,915       4,053  
Total liabilities and stockholders’ (deficit) equity   $ 22,603     $ -     $ 22,603  
Summary of revenue
    Three Months ended June 30,     Six Months ended June 30,  
    2020     2019     2020     2019  
Revenue                        
Automated traffic safety enforcement   $ 734     $ 792     $ 1,480     $ 1,609  
Licensing and subscription revenue     1,943       624       2,793       817  
Total revenue   $ 2,677     $ 1,416     $ 4,273     $ 2,426  
Contract liabilities
2020   $ 695  
2021     415  
2022     288  
2023     205  
2024     100  
Thereafter     1  
Total   $ 1,704