Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)

v3.19.3
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Revenue $ 3,319 $ 2,550 $ 10,197 $ 8,036
Cost of revenue 1,569 1,467 5,288 5,217
Gross profit 1,750 1,083 4,909 2,819
Operating expenses:        
Sales and marketing 2,818 3,106 8,666 10,892
Research and development 1,149 1,282 4,032 4,479
General and administrative 1,593 2,785 6,030 9,350
Change in fair value, contingent consideration (20) 4 (19) (11)
Total operating expenses 5,540 7,177 18,709 24,710
Loss from operations (3,790) (6,094) (13,800) (21,891)
Other income (expense), net:        
Interest expense (88) (145) (316) (469)
Gain (loss) on revaluation of warrant liabilities 4,430 (681) 6,045 (162)
Loss on modification of warrant 0 0 (257) 0
Warrant issuance expense 0 0 (706) 0
Other income (expense), net (346) (63) (377) (338)
Total other income (expense), net 3,996 (889) 4,389 (969)
Net income (loss) 206 (6,983) (9,411) (22,860)
Other comprehensive income 324 44 366 157
Comprehensive income (loss) $ 530 $ (6,939) $ (9,045) $ (22,703)
Net income (loss) per share:        
Basic (in dollars per share) $ 0.00 $ (0.11) $ (0.13) $ (0.38)
Diluted (in dollars per share) $ 0.00 $ (0.11) $ (0.13) $ (0.38)
Weighted average number of shares of common stock outstanding used in computing net income (loss) per share:        
Basic (in shares) 74,938 61,381 70,263 60,721
Diluted (in shares) 74,951 61,381 70,263 60,721