v3.20.4
Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Total revenues $ 29,072 $ 25,362 $ 25,013
Cost of revenues 8,353 7,059 8,493
Revenues:      
Gross profit 20,719 18,303 16,520
Operating expenses:      
Research and development 8,252 7,360 7,013
Sales and marketing 9,055 8,709 8,394
General and administrative 10,059 6,787 7,122
Amortization of purchased intangibles 657 757 904
Total operating expenses 28,023 23,613 23,433
Operating loss (7,304) (5,310) (6,913)
Other income (expense):      
Interest expense, net (73) (754) (1,809)
Decrease in fair value of derivative liability 103 0 0
Decrease (increase) in fair value of warrant liability (1,826) (141) 368
Gain on sale of BriefCam, Ltd. 0 41 6,602
Loss on extinguishment of debt 0 (348) (1,189)
Other expense, net (406) (125) (378)
Total other income (expense), net (2,202) (1,327) 3,594
Loss before income taxes (9,506) (6,637) (3,319)
Income tax expense (benefit) (306) (194) 298
Net loss $ (9,200) $ (6,443) $ (3,617)
Net loss per share – basic:      
Net loss per share – basic $ (0.68) $ (0.62) $ (0.38)
Weighted average shares outstanding – basic 13,612 10,395 9,499
Net loss per share – diluted:      
Loss attributable to common shareholders $ (9,494) $ (6,548) $ (3,778)
Net loss per share – diluted $ (0.70) $ (0.63) $ (0.39)
Weighted average shares outstanding – diluted 13,627 10,414 9,606
Software licenses and appliances      
Total revenues $ 6,762 $ 4,903 $ 5,814
Cost of revenues 2,528 1,911 2,277
Service      
Total revenues 22,310 20,459 19,199
Cost of revenues $ 5,825 $ 5,148 $ 6,216

Source