v3.21.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Revenue, net $ 1,807,000 $ 607,000 $ 4,541,000 $ 1,366,000
Cost of revenue 1,301,000 503,000 3,281,000 1,187,000
Gross profit 506,000 104,000 1,260,000 179,000
Operating Expenses:        
Research and development 1,322,000 1,240,000 3,800,000 3,278,000
Sales and marketing 1,021,000 835,000 2,870,000 2,043,000
General and administrative 1,081,000 1,014,000 3,037,000 2,512,000
Total operating expenses 3,424,000 3,089,000 9,707,000 7,833,000
Loss from operations (2,918,000) (2,985,000) (8,447,000) (7,654,000)
Interest expense (3,000) (5,000) (9,000) (1,394,000)
Change in fair value of warrant liability 0 0 0 24,000
Gain on forgiveness of Paycheck Protection Program loan 859,000 0 859,000 0
Other expense 1,000 0 (6,000) (41,000)
Warrant inducement expense 0 0 (1,146,000) 0
Loss before provision for income taxes (2,061,000) (2,990,000) (8,749,000) (9,065,000)
Provision for income taxes 0 0 2,000 3,000
Net loss (2,061,000) (2,990,000) (8,751,000) (9,068,000)
Convertible preferred stock dividend 0 (20,000) (34,000) (60,000)
Deemed dividend on exchange of convertible preferred stock for common stock 0 0 (1,192,000) 0
Deemed dividend from warrant repricing 0 0 0 (134,000)
Net loss attributable to common stockholders $ (2,061,000) $ (3,010,000) $ (9,977,000) $ (9,262,000)
Net loss per common share - Basic $ (0.15) $ (0.39) $ (0.86) $ (2.15)
Net loss per common share - Diluted $ (0.15) $ (0.39) $ (0.86) $ (2.15)
Weighted average number of common shares used in computing net loss per common share - Basic 13,917,295 7,709,692 11,600,875 4,304,721
Weighted average number of common shares used in computing net loss per common share - Diluted 13,917,295 7,709,692 11,600,875 4,304,721

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