Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.22.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Digital revenue    
Total digital revenue $ 2,150 $ 1,801
Non-digital revenue 541 725
Total revenue 2,691 2,526
Cost of revenue    
Total cost of revenue 973 1,215
Gross margin 1,718 1,311
Operating expenses    
Research and development 1,580 2,884
Depreciation and amortization 409 414
General and administrative 7,036 7,343
Total operating expenses 9,025 10,641
Loss from operations (7,307) (9,330)
Other income (expense)    
Interest expense (756) (508)
Change in fair value of derivative liability 1,138 500
Other income (expense), net (64) 54
Debt extinguishment, net 939
Total other income, net 318 985
Net loss $ (6,989) $ (8,345)
Loss per share – basic and diluted $ (0.09) $ (0.16)
Weighted average number of common shares outstanding – basic and diluted 76,458,088 52,045,428
Saa S Recurring Subscription Revenue [Member]    
Digital revenue    
Total digital revenue $ 2,003 $ 1,461
Other Digital [Member]    
Digital revenue    
Total digital revenue 147 340
Digital [Member]    
Cost of revenue    
Total cost of revenue 557 540
Non Digital [Member]    
Cost of revenue    
Total cost of revenue $ 416 $ 675