Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Loss

v3.22.1
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]    
Net revenues $ 6,778 $ 1,646
Cost of revenues 5,007 692
Gross profit 1,771 954
Operating expenses:    
Sales and marketing 1,485 556
General and administrative 4,305 2,758
Research and development 1,003 1,052
Total operating expenses 6,793 4,366
Operating loss (5,022) (3,412)
Other income (expense):    
Interest expense (381) (2,219)
Loss on extinguishment of debt 0 (5,768)
Impairment of digital assets (9,353) 0
Fair value adjustment of warrant liability (213) (2,829)
Other income (expense), net 52 (79)
Total other expense (9,895) (10,895)
Loss before taxes (14,917) (14,307)
Income tax expense 0 0
Net loss (14,917) (14,307)
Other comprehensive income (loss):    
Cumulative translation adjustment (32) 10
Comprehensive loss $ (14,949) $ (14,297)
Loss per share, basic (in dollars per share) $ (0.15) $ (0.22)
Loss per share, diluted (in dollars per share) $ (0.15) $ (0.22)
Weighted-average common shares used to compute net loss per share, basic (in shares) 96,844 64,587
Weighted-average common shares used to compute net loss per share, diluted (in shares) 96,844 64,587