Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Loss

v3.21.2
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
Net revenues $ 1,436 $ 2,213 $ 3,082 $ 4,853
Cost of revenues 1,124 768 1,816 1,859
Gross profit 312 1,445 1,266 2,994
Operating expenses:        
Sales and marketing 639 277 1,195 882
General and administrative 3,021 3,760 5,779 7,705
Research and development 846 378 1,898 1,239
Total operating expenses 4,506 4,415 8,872 9,826
Operating loss (4,194) (2,970) (7,606) (6,832)
Other expense:        
Interest expense (1,845) (460) (4,064) (561)
Loss on extinguishment of debt (2,184) (81) (7,952) (81)
Impairment of Digital Currencies (776) 0 (776) 0
Gain (loss) on change in fair value of warrant liability 663 0 (222) 0
Other income (expense) 43 0 (36) 0
Total other expense (4,099) (541) (13,050) (642)
Loss before taxes (8,293) (3,511) (20,656) (7,474)
Income tax expense 0 0 0 0
Net loss (8,293) (3,511) (20,656) (7,474)
Other comprehensive income (loss):        
Cumulative translation adjustment 5 (3) 15 (75)
Comprehensive loss $ (8,288) $ (3,514) $ (20,641) $ (7,549)
Net loss per common share, basic (in dollars per share) $ (0.12) $ (0.08) $ (0.30) $ (0.18)
Net (loss) income per share, diluted (in dollars per share) $ (0.12) $ (0.08) $ (0.30) $ (0.18)
Weighted-average common shares used to compute net loss per share, basic (in shares) 71,620 41,869 68,103 40,982
Weighted-average common shares used to compute net loss per share, diluted (in shares) 71,620 41,869 68,103 40,982