v3.19.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Revenue, net $ 6,270 $ 5,501 $ 12,280 $ 10,310
Cost of revenue (excluding amortization of $813 and $813 for the three months and $1,626 and $1,626 for the six months, respectively) 3,031 2,247 5,654 4,827
Gross profit 3,239 3,254 6,626 5,483
Operating expenses:        
Sales and marketing 2,959 2,095 5,369 4,086
Research and development 647 518 1,175 1,019
General and administrative 2,788 1,726 5,299 3,897
Acquisition related expense 1,295 1,696
Acquisition related amortization expense 813 813 1,626 1,626
Total operating expenses 8,502 5,152 15,165 10,628
Operating loss (5,263) (1,898) (8,539) (5,145)
Accretion expense (91) (220)
Other income (expense), net 74 33 123 144
Loss from continuing operations before tax (5,280) (1,865) (8,636) (5,001)
Provision for income taxes 5 8 10 14
Loss from continuing operations (5,285) (1,873) (8,646) (5,015)
Income (loss) from discontinued operations, net of tax 65 (44) 7 (95)
Net loss $ (5,220) $ (1,917) $ (8,639) $ (5,110)
Basic and diluted (loss) income per share of common stock:        
From continuing operations $ (0.14) $ (0.07) $ (0.24) $ (0.18)
From discontinued operations 0.00 (0.00) 0.00 (0.00)
Net loss per basic and diluted share of common stock $ (0.14) $ (0.07) $ (0.24) $ (0.18)
Weighted average number of common shares and common share equivalents outstanding:        
Basic 38,130,000 27,933,000 36,647,000 27,894,000
Diluted 38,130,000 27,933,000 36,647,000 27,894,000

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