v3.21.2
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Net revenues $ 2,160 $ 3,130 $ 5,242 $ 7,983
Cost of revenues 1,026 898 2,842 2,757
Gross profit 1,134 2,232 2,400 5,226
Operating expenses:        
Sales and marketing 715 383 1,910 1,265
General and administrative 3,296 4,276 9,075 11,981
Research and development 1,160 572 3,058 1,811
Legal settlement 0 4,500 0 4,500
Total operating expenses 5,171 9,731 14,043 19,557
Operating loss (4,037) (7,499) (11,643) (14,331)
Other income (expense):        
Interest income (expense) 7 (1,362) (4,057) (1,923)
Loss on extinguishment of debt 0 (950) (7,952) (1,031)
Impairment of digital currency 0 0 (776) 0
Gain (loss) on change in fair value of warrant liability 1,501 1,244 (148) 1,244
Gain on forgiveness of PPP loan 2,850 0 2,850 0
Other income 51 0 15 0
Total other income (expense) 4,409 (1,068) (10,068) (1,710)
Income (loss) before taxes 372 (8,567) (21,711) (16,041)
Income tax expense 0 0 0 0
Net income (loss) 372 (8,567) (21,711) (16,041)
Other comprehensive income (loss):        
Cumulative translation adjustment (33) 47 (18) (28)
Comprehensive income (loss) $ 339 $ (8,520) $ (21,729) $ (16,069)
Net income (loss) per common share, basic (in dollars per share) $ 0.01 $ (0.19) $ (0.31) $ (0.38)
Net income (loss) per share, diluted (in dollars per share) $ 0 $ (0.19) $ (0.31) $ (0.38)
Weighted-average common shares used to compute net income (loss) per share, basic (in shares) 74,347 44,304 70,185 42,089
Weighted-average common shares used to compute net income (loss) per share, diluted (in shares) 74,699 44,304 70,185 42,089

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