Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations (Unaudited)

v3.7.0.1
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Income Statement [Abstract]    
Revenue $ 6,966 $ 6,068
Cost of revenues 4,209 4,103
Gross profit 2,757 1,965
Operating expenses:    
Research and development 1,110 1,532
General and administrative 3,477 4,318
Sales and marketing 971 1,298
Total operating expenses 5,558 7,148
Loss from operations (2,801) (5,183)
Other income (expense):    
Interest expense (194) (126)
Interest income 17 4
Change in fair value of acquisition note payable (232) 34
Change in fair value of warrant liability (7,294) 17
Other expense 46 0
Total other (expense) (7,749) (71)
Loss before income taxes (10,550) (5,254)
Income tax (benefit) (970) 0
Net (loss) $ (9,580) $ (5,254)
Basic and diluted net (loss) per share (in dollars per share) $ (0.51) $ (0.39)
Basic and diluted weighted-average shares outstanding (in shares) 18,904 13,547