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 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
Revenue $ 6,604 $ 7,001 $ 13,570 $ 13,069
Cost of revenues 4,034 4,285 8,243 8,388
Gross profit 2,570 2,716 5,327 4,681
Operating expenses:        
Research and development 989 1,680 2,099 3,212
General and administrative 3,529 3,658 7,006 7,976
Sales and marketing 1,165 1,379 2,136 2,677
Total operating expenses 5,683 6,717 11,241 13,865
Loss from operations (3,113) (4,001) (5,914) (9,184)
Other income (expense):        
Interest expense (253) (107) (447) (233)
Interest income 10 13 27 17
Change in fair value of acquisition note payable 13 67 (219) 101
Change in fair value of warrant liability 577 0 (6,717) 17
Other expense 0 0 (46) 0
Total other (expense) 347 (27) (7,402) (98)
Loss before income taxes (2,766) (4,028) (13,316) (9,282)
Income tax (benefit) 0 0 (970) 0
Net (loss) $ (2,766) $ (4,028) $ (12,346) $ (9,282)
Basic net (loss) per share (usd per share) $ (0.14) $ (0.28) $ (0.64) $ (0.66)
Diluted net (loss) per share (usd per share) $ (0.16) $ (0.28) $ (0.64) $ (0.66)
Basic weighted-average shares outstanding (in shares) 19,697 14,538 19,301 14,042
Diluted weighted-average shares outstanding (in shares) 20,663 14,538 19,301 14,042