Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.23.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]    
Net revenues $ 69,828 $ 54,570
Cost of revenues 58,205 48,156
Gross profit 11,623 6,414
Operating expenses:    
Research and development 7,973 17,696
Sales and marketing 7,274 9,566
General and administrative 9,612 10,284
Legal expenses 1,054 6,869
Total operating expenses 25,913 44,415
Loss from operations (14,290) (38,001)
Interest expense (97)
Other income (expense), net 484 (459)
Loss before income taxes (13,903) (38,460)
Income tax (expense) benefit (184) (167)
Net loss $ (14,087) $ (38,627)
Net loss per share, basic and diluted [1] $ (0.49) $ (4.08)
Weighted–average shares used in computing net loss per share, basic and diluted [1] 28,889,111 9,464,560
[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.