Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.20.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenue:    
Total Revenue $ 30,799 $ 13,611
Cost of revenue:    
Total Cost of revenue 15,933 6,593
Gross profit 14,866 7,018
Operating expenses:    
Selling, general and administrative expenses 15,103 6,110
Research and development expenses 3,172 1,660
Acquisition-related fees 1,449
Total Operating expenses 18,275 9,219
Loss from operations (3,409) (2,201)
Interest income 14 65
Interest expense 145 (20)
Other income (loss), net 2 (38)
Net loss before income taxes (3,248) (2,194)
Income taxes 193
Net loss before non-controlling interest (3,441) (2,194)
Non-controlling interest 15
Preferred stock dividends (1,123)
Net loss attributable to common stockholders $ (4,549) $ (2,194)
Net loss per share - basic and diluted $ (0.16) $ (0.12)
Weighted average common shares outstanding - basic and diluted 29,034,000 17,621,000
Products [Member]    
Revenue:    
Total Revenue $ 13,208 $ 7,249
Cost of revenue:    
Total Cost of revenue 9,302 4,239
Services [Member]    
Revenue:    
Total Revenue 17,591 6,362
Cost of revenue:    
Total Cost of revenue $ 6,631 $ 2,354