Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Operations And Comprehensive Loss (Unaudited)

v3.24.2.u1
Condensed Consolidated Statements Of Operations And Comprehensive Loss (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Net revenue $ 11,555 $ 14,286 $ 21,687 $ 24,753
Cost of revenue 6,946 8,168 13,741 15,299
Gross profit 4,609 6,118 7,946 9,454
Operating expenses:        
Sales and marketing 3,694 6,189 7,077 10,812
General and administrative 3,064 2,357 6,260 4,815
Engineering and development 1,071 1,444 2,354 2,991
Total operating expenses 7,829 9,990 15,691 18,618
Loss from operations (3,220) (3,872) (7,745) (9,164)
Loss on foreign currency transactions (112) (235) (208) (215)
Interest expense, net (586) (583) (1,208) (1,160)
Other income (loss), net 1,140 (147) (82) (147)
Non-operating income (loss), net 442 (965) (1,498) (1,522)
Loss before income tax provision (2,778) (4,837) (9,243) (10,686)
Income tax provision (20) (31) (40) (31)
Net loss (2,798) (4,868) (9,283) (10,717)
Other comprehensive loss items:        
Foreign currency translation adjustments (20) 39 (106) 119
Comprehensive loss (2,818) (4,829) (9,389) (10,598)
Net loss (2,798) (4,868) (9,283) (10,717)
Deemed dividend on convertible preferred stock 0 (9,377) 0 (9,377)
Net loss attributable to common stockholders $ (2,798) $ (14,245) $ (9,283) $ (20,094)
Net loss per share attributable to common stockholders:        
Earnings Per Share, Basic $ (0.08) $ (26.14) $ (0.36) $ (45.98)
Earnings Per Share, Diluted $ (0.08) $ (26.14) $ (0.36) $ (45.98)
Shares used in the calculation of net loss per share:        
Weighted Average Number of Shares Outstanding, Basic 33,391 545 25,616 437
Weighted Average Number of Shares Outstanding, Diluted 33,391 545 25,616 437