Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Operations And Comprehensive Loss (Unaudited)

v3.24.3
Condensed Consolidated Statements Of Operations And Comprehensive Loss (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Net revenue $ 10,850 $ 10,921 $ 32,536 $ 35,674
Cost of revenue 6,468 7,175 20,209 22,474
Gross profit 4,382 3,746 12,327 13,200
Operating expenses:        
Sales and marketing 2,877 3,402 9,954 14,214
General and administrative 1,283 2,679 7,544 7,495
Engineering and development 917 1,362 3,271 4,352
Total operating expenses 5,077 7,443 20,769 26,061
Loss from operations (695) (3,697) (8,442) (12,861)
Loss on foreign currency transactions (69) (307) (278) (522)
Interest expense, net (605) (598) (1,812) (1,758)
Other income (loss), net (47) 28 (128) (119)
Non-operating income (loss), net (721) (877) (2,218) (2,399)
Loss before income tax provision (1,416) (4,574) (10,660) (15,260)
Income tax provision (12) (15) (51) (46)
Net loss (1,428) (4,589) (10,711) (15,306)
Other comprehensive loss items:        
Foreign currency translation adjustments 129 (105) 23 14
Comprehensive loss (1,299) (4,694) (10,688) (15,292)
Net loss (1,428) (4,589) (10,711) (15,306)
Deemed dividend on convertible preferred stock 71 (7,610) 71 (16,987)
Net loss attributable to common stockholders $ (1,357) $ (12,199) $ (10,640) $ (32,293)
Net loss per share attributable to common stockholders:        
Earnings Per Share, Basic $ (0.04) $ (10.35) $ (0.37) $ (47.01)
Earnings Per Share, Diluted $ (0.04) $ (10.35) $ (0.37) $ (47.01)
Shares used in the calculation of net loss per share:        
Weighted Average Number of Shares Outstanding, Basic 36,083 1,179 29,131 687
Weighted Average Number of Shares Outstanding, Diluted 36,083 1,179 29,131 687