Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.23.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Digital revenue    
Total digital revenue $ 2,045 $ 2,150
Non-digital revenue 170 541
Total revenue 2,215 2,691
Cost of revenue    
Total cost of revenue 699 973
Gross margin 1,516 1,718
Operating expenses    
Research and development 648 1,580
Depreciation and amortization 655 409
General and administrative 4,802 7,036
Total operating expenses 6,105 9,025
Loss from operations (4,589) (7,307)
Other income (expense)    
Interest expense (829) (756)
Change in fair value of derivative liability 8 1,138
Other income (expense), net 40 (64)
Debt extinguishment, net (144)
Total other income (expense), net (925) 318
Net loss (5,514) (6,989)
Deemed dividend due to warrant reset (164)
Net loss to common stockholders $ (5,678) $ (6,989)
Loss per share – basic and diluted $ (1.59) $ (3.66)
Weighted average number of common shares outstanding – basic and diluted 3,577,792 1,911,452
SaaS Recurring Subscription Revenue [Member]    
Digital revenue    
Total digital revenue $ 1,895 $ 2,003
Other Digital [Member]    
Digital revenue    
Total digital revenue 150 147
Digital [Member]    
Cost of revenue    
Total cost of revenue 542 557
Non Digital [Member]    
Cost of revenue    
Total cost of revenue $ 157 $ 416