Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)

v3.21.2
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Revenues $ 5,625 $ 4,245 $ 15,588 $ 11,940
Cost of revenues 3,092 2,368 8,518 7,153
Gross profit 2,533 1,877 7,070 4,787
Operating expenses:        
General and administrative 3,238 3,336 9,987 8,480
Sales and marketing 2,157 887 5,459 2,945
Research and development 1,810 1,009 4,735 3,485
Total operating expenses 7,205 5,232 20,181 14,910
Loss from operations (4,672) (3,355) (13,111) (10,123)
Other income (expenses):        
Interest expense (589) (402) (1,885) (1,197)
Interest income 1   8 3
Forgiveness of PPP loan 2,180   2,180  
Other income (expenses) 221 (359) 408 (496)
Total other income (expenses), net 1,813 (761) 711 (1,690)
Net loss (2,859) (4,116) (12,400) (11,813)
Other comprehensive income (loss):        
Foreign exchange translation adjustment 3 3 6 (9)
Total comprehensive loss $ (2,856) $ (4,113) $ (12,394) $ (11,822)
Net loss per share of common stock, basic and diluted (in Dollars per share) $ (0.11) $ (4.93) $ (0.46) $ (14.14)
Weighted average shares of common stock outstanding, basic and diluted (in Shares) 27,123,885 835,696 27,002,774 835,441