Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements Of Operations And Comprehensive Loss (Unaudited)

v3.19.2
Consolidated Statements Of Operations And Comprehensive Loss (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Net revenue $ 8,645 $ 12,154 $ 18,971 $ 22,174
Cost of revenue 5,265 7,846 12,070 14,833
Gross profit 3,380 4,308 6,901 7,341
Operating expenses:        
Sales and marketing 3,272 4,657 7,151 8,548
General and administrative 2,511 2,969 4,903 6,006
Engineering and development 1,124 1,361 2,549 2,650
Change in fair value of patent litigation settlement liability (190)      
Total operating expenses 6,717 8,987 14,603 17,204
Loss from operations (3,337) (4,679) (7,702) (9,863)
Loss (gain) on foreign currency transactions 5 187 48 (20)
Interest expense 529 35 1,007 47
Non-operating loss, net 534 222 1,055 27
Loss before income tax provision (3,871) (4,901) (8,757) (9,890)
Income tax provision 28 10 42 42
Net loss (3,899) (4,911) (8,799) (9,932)
Other comprehensive income item:        
Foreign currency translation adjustment 14 (118) (41) (34)
Comprehensive loss (3,885) (5,029) (8,840) (9,966)
Net loss attributable to common stockholders $ (3,899) $ (4,911) $ (8,799) $ (9,932)
Net loss per share:        
Basic $ (0.18) $ (0.24) $ (0.41) $ (0.48)
Diluted $ (0.18) $ (0.24) $ (0.41) $ (0.48)
Shares used in the calculation of net loss per share:        
Basic 21,595 20,538 21,366 20,504
Diluted 21,595 20,538 21,366 20,504