Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations and Comprehensive Loss

v3.19.1
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Income Statement [Abstract]    
Net revenues $ 30,883 $ 26,722
Cost of revenues 11,802 15,714
Gross profit 19,081 11,008
Operating expenses:    
Sales and marketing 5,417 10,721
General and administrative 13,562 14,795
Research and development 6,965 11,108
Total operating expenses 25,944 36,624
Operating loss (6,863) (25,616)
Other expense:    
Interest expense (724) (397)
Fair value adjustment for warrant liabilities (54)
Impairment of digital currencies (334)
Other expense (2,202) (13)
Total other expense (3,314) (410)
Loss before taxes (10,177) (26,026)
Income tax benefit 374 88
Net loss (9,803) (25,938)
Cumulative translation adjustment (71) 127
Comprehensive loss $ (9,874) $ (25,811)
Net loss per share, basic and diluted $ (0.38) $ (1.06)
Weighted-average shares used to compute net loss per share, basic and diluted 25,556 24,519