Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)

v3.23.2
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Revenues $ 10,780 $ 7,333 $ 20,408 $ 14,318
Cost of revenues 5,715 4,131 10,957 8,003
Gross profit 5,065 3,202 9,451 6,315
Operating expenses:        
General and administrative 4,760 4,172 8,967 8,219
Sales and marketing 2,649 2,320 5,212 4,640
Research and development 2,590 2,649 5,300 4,929
Total operating expenses 9,999 9,141 19,479 17,788
Loss from operations (4,934) (5,939) (10,028) (11,473)
Other income (expenses):        
Interest expense (558) (385) (966) (986)
Interest income 276 4 438 9
Loss on debt extinguishment (1,097) (1,097)
Change in fair value of warrant liability (69) (69)
Other income 303 84 437 208
Total other expenses, net (48) (1,394) (160) (1,866)
Net loss before income taxes (4,982) (7,333) (10,188) (13,339)
Income tax expense 51 2 84 21
Net loss (5,033) (7,335) (10,272) (13,360)
Other comprehensive income (loss):        
Foreign exchange translation adjustment (298) (131) (331) (140)
Total comprehensive loss $ (5,331) $ (7,466) $ (10,603) $ (13,500)
Net loss per share of common stock, basic (in Dollars per share) $ (0.12) $ (0.2) $ (0.25) $ (0.36)
Weighted average shares of common stock outstanding, basic (in Shares) 43,607,984 37,416,095 40,566,425 37,406,090