Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Net revenues $ 11,955 $ 11,954 $ 25,213 $ 24,194
Cost of revenues 9,108 9,300 20,838 19,077
Gross profit 2,847 2,654 4,375 5,117
Operating expenses:        
Research and development 2,721 3,670 6,889 8,334
Sales and marketing 2,073 2,188 4,243 4,369
General and administrative 1,779 2,379 3,990 4,641
Legal expenses 494 903 555 3,309
Total operating expenses 7,067 9,140 15,677 20,653
Loss from operations (4,220) (6,486) (11,302) (15,536)
Interest expense (35) (74)
Other income (expense), net 91 (124) 68 (293)
Loss before income taxes (4,164) (6,610) (11,308) (15,829)
Income tax expense (61) (76) (129) (137)
Net loss $ (4,225) $ (6,686) $ (11,437) $ (15,966)
Net loss per share, basic and diluted [1] $ (0.22) $ (1.01) $ (0.60) $ (2.40)
Weighted–average shares used in computing net loss per Share, basic and diluted [1] 19,283,496 6,650,696 19,197,859 6,641,236
[1] Reflects the 1-for-10 reverse stock split that became effective on September 15, 2021. Refer to Note 1 – The Company and its Significant Accounting Policies for further information.