Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Operations

v3.20.1
Condensed Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues:    
Total revenues $ 6,227 $ 7,098
Cost of revenues:    
Total cost of revenues 2,087 1,537
Gross profit 4,140 5,561
Operating expenses:    
Research and development 1,780 1,674
Sales and marketing 2,218 2,352
General and administrative 2,593 1,746
Amortization of purchased intangibles 164 218
Total operating expenses 6,755 5,990
Operating loss (2,615) (429)
Other income (expense):    
Interest income (expense), net 17 (205)
Decrease (increase) in fair value of warrant liability 36 (289)
Other, net (160) (31)
Total other income (expense), net (107) (525)
Loss before income taxes (2,722) (954)
Income tax benefit (50) (4)
Net loss $ (2,672) $ (950)
Net loss per share – basic (in dollars per share) $ (0.20) $ (0.10)
Weighted average number of shares outstanding, basic (in shares) 13,552 9,688
Net loss available to common stockholders, diluted $ (2,838) $ (950)
Net loss per share – diluted (in dollars per share) $ (0.21) $ (0.10)
Weighted average number of shares outstanding, diluted (in shares) 13,589 9,688
Software licenses and appliances    
Revenues:    
Total revenues $ 1,540 $ 1,005
Cost of revenues:    
Total cost of revenues 648 311
Service    
Revenues:    
Total revenues 4,687 6,093
Cost of revenues:    
Total cost of revenues $ 1,439 $ 1,226