Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations and Other Comprehensive Loss (Unaudited)

v3.10.0.1
Consolidated Statements of Operations and Other Comprehensive Loss (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]        
Revenue $ 5,940 $ 8,028 $ 20,643 $ 21,598
Cost of revenues 4,654 4,588 14,589 12,831
Gross profit 1,286 3,440 6,054 8,767
Operating expenses:        
Research and development 692 981 2,046 3,080
General and administrative 5,004 4,346 14,950 11,352
Sales and marketing 1,280 1,301 4,212 3,437
Restructuring costs 1,418 0 2,151 0
Merger costs 890 0 890 0
Total operating expenses 9,284 6,628 24,249 17,869
Loss from operations (7,998) (3,188) (18,195) (9,102)
Other income (expense):        
Interest expense (465) (350) (1,282) (797)
Interest income 0 10 21 37
Change in fair value of acquisition note payable (13) 105 68 (114)
Change in fair value of warrant liability 12 2,790 2,858 (3,927)
Other (expense) (55) 0 (78) (46)
Total other income (expense) (521) 2,555 1,587 (4,847)
Loss before income taxes (8,519) (633) (16,608) (13,949)
Income tax (benefit) 0 0 0 (970)
Net (loss) $ (8,519) $ (633) $ (16,608) $ (12,979)
Basic net (loss) per share (in dollars per share) $ (0.31) $ (0.03) $ (0.61) $ (0.65)
Diluted net (loss) per share (in dollars per share) $ (0.31) $ (0.15) $ (0.61) $ (0.65)
Basic weighted-average shares outstanding (in shares) 27,370 21,577 27,156 20,059
Diluted weighted-average shares outstanding (in shares) 27,370 22,359 27,156 20,059
Foreign currency translation gain (loss) $ (30) $ (1) $ 35 $ (1)
Comprehensive (loss) $ (8,549) $ (634) $ (16,573) $ (12,980)