v3.22.2.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Digital revenue        
Total digital revenue $ 2,016 $ 2,356 $ 6,327 $ 5,967
Non-digital revenue 171 544 950 1,851
Total revenue 2,187 2,900 7,277 7,818
Cost of revenue        
Total cost of revenue 736 1,086 2,544 3,420
Gross margin 1,451 1,814 4,733 4,398
Operating expenses        
Research and development 1,372 3,513 4,334 9,610
Depreciation and amortization 790 400 1,594 1,214
General and administrative 6,965 6,130 20,563 20,018
Total operating expenses 9,127 10,043 26,491 30,842
Loss from operations (7,676) (8,229) (21,758) (26,444)
Other income (expense)        
Interest expense (550) (525) (1,948) (1,629)
Change in fair value of derivative liability 198 (141) 2,360 (2,086)
Other income (expense), net 8 (45) 85
Debt extinguishment, net 82 1,112
Total other income (expense), net (352) (576) 367 (2,518)
Net loss (8,028) (8,805) (21,391) (28,962)
Deemed dividends to Series A stockholders (348) (348)
Net loss to common stockholders $ (8,028) $ (9,153) $ (21,391) $ (29,310)
Loss per share - basic and diluted $ (0.08) $ (0.14) $ (0.23) $ (0.48)
Weighted average number of common shares outstanding - basic and diluted 102,110,182 66,760,177 92,040,783 60,705,062
SaaS Recurring Subscription Revenue [Member]        
Digital revenue        
Total digital revenue $ 1,851 $ 1,846 $ 5,829 $ 4,908
Other Digital [Member]        
Digital revenue        
Total digital revenue 165 510 498 1,059
Digital [Member]        
Cost of revenue        
Total cost of revenue 580 542 1,746 1,651
Non-Digital [Member]        
Cost of revenue        
Total cost of revenue $ 156 $ 544 $ 798 $ 1,769

Source