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 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenue        
Total revenue $ 2,900,000 $ 2,860,000 $ 7,818,000 $ 7,866,000
Cost of revenue        
Total cost of revenue 1,086,000 1,305,000 3,420,000 3,503,000
Gross margin 1,814,000 1,555,000 4,398,000 4,363,000
Operating Expenses:        
Research and development 3,513,000 2,407,000 9,610,000 5,308,000
Depreciation and amortization 400,000 388,000 1,214,000 1,108,000
General and administrative 6,130,000 6,655,000 20,018,000 14,187,000
Total operating expenses 10,043,000 9,450,000 30,842,000 20,603,000
Loss from operations (8,229,000) (7,895,000) (26,444,000) (16,240,000)
Other income (expense), net        
Other income (expense), net 8,000 (2,000) 85,000 1,000
Financing costs (248,000) (248,000)
Interest expense - amortization of debt discount (497,000) (110,000) (1,537,000) (384,000)
Change in fair value of derivative liability (141,000) 975,000 (2,086,000) 4,295,000
Gain on extinguishment of notes payable 82,000 1,399,000
Debt extinguishment, net (287,000)
Interest expense (28,000) (40,000) (92,000) (114,000)
Total other income (expense), net (576,000) 575,000 (2,518,000) 3,550,000
Net loss (8,805,000) (7,320,000) (28,962,000) (12,690,000)
Deemed dividends to Series A stockholders (348,000) (348,000) (3,951,000)
Net loss to common stockholders $ (9,153,000) $ (7,320,000) $ (29,310,000) $ (16,641,000)
Net loss per share to common stockholders - basic and diluted $ (0.14) $ (0.18) $ (0.48) $ (0.51)
Weighted average number of common shares outstanding - basic and diluted 66,760,177 41,216,642 60,705,062 32,375,054
Saa S Recurring Subscription Revenue [Member]        
Revenue        
Total revenue $ 1,846,000 $ 1,478,000 $ 4,908,000 $ 3,809,000
Cost of revenue        
Total cost of revenue 542,000 349,000 1,651,000 843,000
Other Digital [Member]        
Revenue        
Total revenue 510,000 360,000 1,059,000 1,166,000
Total Digital Revenue [Member]        
Revenue        
Total revenue 2,356,000 1,838,000 5,967,000 4,975,000
Design Printing And Fulfillment [Member]        
Revenue        
Total revenue 461,000 836,000 1,553,000 2,277,000
Cost of revenue        
Total cost of revenue 471,000 768,000 1,520,000 2,106,000
Shipping and Handling [Member]        
Revenue        
Total revenue 83,000 186,000 298,000 614,000
Cost of revenue        
Total cost of revenue 73,000 188,000 249,000 554,000
Total Non-digital Revenue [Member]        
Revenue        
Total revenue $ 544,000 $ 1,022,000 $ 1,851,000 $ 2,891,000