Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.22.2.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Revenues, net $ 568 $ 335 $ 1,524 $ 1,018
Cost of revenues 420 392 1,304 1,113
Gross (loss)/profit 148 (57) 220 (95)
Operating expenses        
Research and development 193 328 17
Selling, general and administrative 992 553 2,459 1,571
Total operating expenses 1,185 553 2,787 1,588
Loss from operations (1,037) (610) (2,567) (1,683)
Other expense, net        
Interest expense (242) (534) (1,334) (1,052)
Loss on debt extinguishment (150) (25)
Warrant modification expense (57) (57)
Debt discount costs (68)
Other income 2 147
Gain on investments in marketable securities 5 5
Changes in fair value of warrant liability 104 2 3 10
Total other expense, net (190) (532) (1,531) (988)
Loss before income taxes (1,227) (1,142) (4,098) (2,671)
Income tax expense
Net loss $ (1,227) $ (1,142) $ (4,098) $ (2,671)
Net loss per common share - basic $ (0.22) $ (0.38) $ (0.74) $ (0.91)
Net loss per common share - diluted $ (0.22) $ (0.38) $ (0.74) $ (0.91)
Weighted average shares used in computing net loss per common share - basic 5,572,234 2,979,371 5,572,234 2,942,057
Weighted average shares used in computing net loss per common share – diluted 5,572,234 2,979,371 5,572,234 2,942,057