Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.21.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues:    
Total revenues $ 28,991 $ 30,799
Cost of Revenues:    
Total Cost of revenues 14,521 15,933
Gross Profit 14,470 14,866
Operating expenses:    
Selling, general and administrative expenses 13,608 15,103
Research and development expenses 2,745 3,172
Total Operating expenses 16,353 18,275
Loss from operations (1,883) (3,409)
Interest income 12 14
Interest expense 557 145
Other (expense) income, net 2
Net loss before income taxes (1,314) (3,248)
Income tax expense (473) (193)
Net loss before non-controlling interest (1,787) (3,441)
Non-controlling interest 15
Net loss (1,787) (3,426)
Accretion of preferred stock (168) (168)
Preferred stock dividend (1,028) (955)
Net loss attributable to common stockholders $ (2,983) $ (4,549)
Net loss per share attributable to common stockholders - basic and diluted $ (0.09) $ (0.16)
Weighted average common shares outstanding - basic and diluted 33,259,000 29,034,000
Products [Member]    
Revenues:    
Total revenues $ 11,420 $ 13,208
Cost of Revenues:    
Total Cost of revenues 8,152 9,302
Services [Member]    
Revenues:    
Total revenues 17,571 17,591
Cost of Revenues:    
Total Cost of revenues $ 6,369 $ 6,631