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
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]    
Net revenues $ 13,258 $ 12,240
Cost of revenues 11,730 9,777
Gross profit 1,528 2,463
Operating expenses:    
Research and development 4,168 4,664
Sales and marketing 2,170 2,181
General and administrative 2,211 2,262
Legal expense 61 2,406
Total operating expenses 8,610 11,513
Loss from operations (7,082) (9,050)
Interest expense (39)  
Other expense, net (23) (169)
Loss before income taxes (7,144) (9,219)
Income tax expense (68) (61)
Net loss $ (7,212) $ (9,280)
Net loss per share, basic [1] $ (0.38) $ (1.40)
Weighted–average shares used in computing net loss per share, basic and diluted [1] 19,111,379 6,631,680
[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.