v3.20.2
Condensed Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues:        
Total revenues $ 9,334 $ 5,365 $ 15,561 $ 12,463
Cost of revenues:        
Total cost of revenues 2,940 1,563 5,027 3,100
Gross profit 6,394 3,802 10,534 9,363
Operating expenses:        
Research and development 2,088 1,838 3,868 3,512
Sales and marketing 2,181 2,212 4,399 4,564
General and administrative 2,320 1,579 4,913 3,325
Amortization of purchased intangibles 163 201 327 419
Total operating expenses 6,752 5,830 13,507 11,820
Operating loss (358) (2,028) (2,973) (2,457)
Other income (expense):        
Interest expense, net (22) (214) (5) (419)
Derivative, Gain (Loss) on Derivative, Net 105 0 105 0
Increase in fair value of warrant liability (434) (1,436) (398) (1,725)
Other, net (37) 66 (197) 35
Total other expense, net (388) (1,584) (495) (2,109)
Loss before income taxes (746) (3,612) (3,468) (4,566)
Income tax benefit (54) (11) (104) (15)
Net loss $ (692) $ (3,601) $ (3,364) $ (4,551)
Net loss per share – basic (in dollars per share) $ (0.05) $ (0.37) $ (0.25) $ (0.47)
Weighted average number of shares outstanding, basic (in shares) 13,534 9,861 13,543 9,775
Net loss available to common stockholders, diluted $ (820) $ (3,601) $ (3,658) $ (4,551)
Net loss per share – diluted (in dollars per share) $ (0.06) $ (0.37) $ (0.27) $ (0.47)
Weighted average number of shares outstanding, diluted (in shares) 13,538 9,861 13,573 9,775
Software licenses and appliances        
Revenues:        
Total revenues $ 4,061 $ 689 $ 5,601 $ 1,694
Cost of revenues:        
Total cost of revenues 1,477 336 2,125 647
Service        
Revenues:        
Total revenues 5,273 4,676 9,960 10,769
Cost of revenues:        
Total cost of revenues $ 1,463 $ 1,227 $ 2,902 $ 2,453

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