v3.21.2
Condensed Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues:        
Total revenues $ 5,867 $ 9,334 $ 11,687 $ 15,561
Cost of revenues:        
Total cost of revenues 1,549 2,940 3,116 5,027
Gross profit 4,318 6,394 8,571 10,534
Operating expenses:        
Research and development 2,184 2,088 4,214 3,868
Sales and marketing 5,173 2,181 9,649 4,399
General and administrative 2,142 2,320 4,669 4,913
Amortization of purchased intangibles 163 163 325 327
Total operating expenses 9,662 6,752 18,857 13,507
Operating loss (5,344) (358) (10,286) (2,973)
Other income (expense):        
Interest expense, net (15) (22) (69) (5)
Decrease in fair value of derivative liability 0 105 37 105
Decrease (increase) in fair value of warrant liability 1,018 (434) 1,375 (398)
Other, net (89) (37) (27) (197)
Total other income (expense), net 914 (388) 1,316 (495)
Loss before income taxes (4,430) (746) (8,970) (3,468)
Income tax benefit (109) (54) (199) (104)
Net loss $ (4,321) $ (692) $ (8,771) $ (3,364)
Net loss per share – basic (in dollars per share) $ (0.24) $ (0.05) $ (0.51) $ (0.25)
Weighted average number of shares outstanding, basic (in shares) 17,741 13,534 17,096 13,543
Net loss available to common stockholders, diluted $ (5,339) $ (820) $ (10,146) $ (3,658)
Net loss per share – diluted (in dollars per share) $ (0.30) $ (0.06) $ (0.59) $ (0.27)
Weighted average number of shares outstanding, diluted (in shares) 17,899 13,538 17,299 13,573
Software licenses and appliances        
Revenues:        
Total revenues $ 138 $ 4,061 $ 246 $ 5,601
Cost of revenues:        
Total cost of revenues 63 1,477 127 2,125
Service        
Revenues:        
Total revenues 5,729 5,273 11,441 9,960
Cost of revenues:        
Total cost of revenues $ 1,486 $ 1,463 $ 2,989 $ 2,902

Source