Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.21.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenue        
Total revenue $ 2,392,000 $ 2,652,000 $ 4,918,000 $ 5,006,000
Cost of revenue        
Total cost of revenue 1,119,000 1,135,000 2,334,000 2,198,000
Gross margin 1,273,000 1,517,000 2,584,000 2,808,000
Operating Expenses:        
Research and development 3,213,000 1,627,000 6,097,000 2,901,000
Depreciation and amortization 400,000 357,000 814,000 719,000
General and administrative 6,542,000 4,018,000 13,885,000 7,533,000
Total operating expenses 10,155,000 6,002,000 20,796,000 11,153,000
Loss from operations (8,882,000) (4,485,000) (18,212,000) (8,345,000)
Other income (expense), net        
Other income (expense), net 20,000 9,000 74,000 3,000
Interest expense - amortization of debt discount (565,000) (137,000) (1,040,000) (274,000)
Change in fair value of derivative liability (2,445,000) 1,228,000 (1,945,000) 3,320,000
Gain on extinguishment of PPP notes payable 91,000 1,317,000
Debt extinguishment, net (287,000)
Interest expense (31,000) (39,000) (64,000) (74,000)
Total other income (expense), net (2,930,000) 1,061,000 (1,945,000) 2,975,000
Net loss (11,812,000) (3,424,000) (20,157,000) (5,370,000)
Deemed dividends to Series A stockholders (3,951,000)
Net loss to common stockholders $ (11,812,000) $ (3,424,000) $ (20,157,000) $ (9,321,000)
Net loss per share to common stockholders - basic and diluted $ (0.19) $ (0.11) $ (0.35) $ (0.33)
Weighted average number of common shares outstanding - basic and diluted 63,147,880 29,818,934 57,627,324 27,905,680
SaaS Recurring Subscription Revenue [Member]        
Revenue        
Total revenue $ 1,601,000 $ 1,274,000 $ 3,062,000 $ 2,331,000
Cost of revenue        
Total cost of revenue 569,000 264,000 1,109,000 494,000
Other Digital [Member]        
Revenue        
Total revenue 209,000 406,000 549,000 806,000
Welcome Kits And Fulfillment [Member]        
Revenue        
Total revenue 477,000 713,000 1,092,000 1,441,000
Cost of revenue        
Total cost of revenue 464,000 662,000 1,049,000 1,338,000
Shipping and Handling [Member]        
Revenue        
Total revenue 105,000 259,000 215,000 428,000
Cost of revenue        
Total cost of revenue $ 86,000 $ 209,000 $ 176,000 $ 366,000