Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Operations

v3.21.1
Condensed Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues:    
Total revenues $ 5,820 $ 6,227
Cost of revenues:    
Total cost of revenues 1,567 2,087
Gross profit 4,253 4,140
Operating expenses:    
Research and development 2,030 1,780
Sales and marketing 4,476 2,218
General and administrative 2,527 2,593
Amortization of purchased intangibles 162 164
Total operating expenses 9,195 6,755
Operating loss (4,942) (2,615)
Other income (expense):    
Interest income (expense), net (54) 17
Decrease in fair value of derivative liability 37 0
Decrease in fair value of warrant liability 357 36
Other, net 62 (160)
Total other income (expense), net 402 (107)
Loss before income taxes (4,540) (2,722)
Income tax benefit (90) (50)
Net loss $ (4,450) $ (2,672)
Net loss per share – basic (in dollars per share) $ (0.27) $ (0.20)
Weighted average number of shares outstanding, basic (in shares) 16,443 13,552
Net loss available to common stockholders, diluted $ (4,807) $ (2,838)
Net loss per share – diluted (in dollars per share) $ (0.29) $ (0.21)
Weighted average number of shares outstanding, diluted (in shares) 16,679 13,589
Software licenses and appliances    
Revenues:    
Total revenues $ 108 $ 1,540
Cost of revenues:    
Total cost of revenues 64 648
Service    
Revenues:    
Total revenues 5,712 4,687
Cost of revenues:    
Total cost of revenues $ 1,503 $ 1,439