v3.23.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues $ 10,372 $ 7,783 $ 27,873 $ 21,530
Cost of revenues 7,269 5,449 20,126 15,017
Gross profit 3,103 2,334 7,747 6,513
Operating Expenses [Abstract]        
General and administrative 2,596 2,330 9,712 7,025
Research and development 675 450 2,117 1,364
Selling and marketing 401 416 1,423 1,034
Total operating expenses 3,672 3,196 13,252 9,423
Loss from continuing operations (569) (862) (5,505) (2,910)
Other (expense) income        
Change in fair value of senior secured convertible notes, related party (49) 0 (111) 0
Change in fair value of warrants issued with senior secured convertible notes 190 0 1,198 0
Change in fair value of senior secured convertible notes (1,064) 0 (1,577) 0
Other income (expense) 0 180 (2) 112
Total other (expense) income , net (1,080) (51) (1,215) (454)
Loss from continuing operations before income taxes (1,649) (913) (6,720) (3,364)
Income tax benefit (provision) (208) 10 (194) 3
Net loss (1,857) (903) (6,914) (3,361)
Net loss (gain) attributable to non-controlling interest (57) 166 (110) 501
Net loss attributable to common stockholders $ (1,914) $ (737) $ (7,024) $ (2,860)
Net loss per common share, basic $ (0.32) $ (0.2) $ (1.18) $ (0.9)
Net loss per common share, diluted $ (0.32) $ (0.2) $ (1.18) $ (0.9)
Weighted average common shares outstanding, basic 5,932 3,656 5,932 3,168
Weighted average common shares outstanding, diluted 5,932 3,656 5,932 3,168
Comprehensive loss        
Loss available to common stockholders $ (1,914) $ (737) $ (7,024) $ (2,860)
Foreign currency translation adjustments (467) 693 (145) 2,300
Total comprehensive loss (2,381) (44) (7,169) (560)
Related Party [Member]        
Other (expense) income        
Interest (expense) income 0 (208) 0 (395)
Nonrelated Party [Member]        
Other (expense) income        
Interest (expense) income $ (157) $ (23) $ (723) $ (171)

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