v3.23.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues $ 8,778 $ 6,504 $ 17,501 $ 13,748
Cost of revenues 6,298 4,817 12,858 9,568
Gross profit 2,480 1,687 4,643 4,180
Operating Expenses [Abstract]        
General and administrative 2,428 2,500 7,116 4,697
Research and development 719 425 1,442 914
Selling and marketing 479 320 1,022 618
Total operating expenses 3,626 3,245 9,580 6,229
Loss from continuing operations (1,146) (1,558) (4,937) (2,049)
Other (expense) income        
Change in fair value of senior secured convertible notes, related party (628) 0 (62) 0
Change in fair value of warrants issued with senior secured convertible notes 212   1,008  
Change in fair value of senior secured convertible notes and warrant liabilities (656) 0 (513) 0
Other income (expense) 0 12 (2) 72
Total other (expense) income , net (1,467) (384) (133) (403)
Loss from continuing operations before income taxes (2,613) (1,942) (5,070) (2,452)
Income tax benefit (provision) 8 (7) 15 (7)
Net loss (2,605) (1,949) (5,055) (2,459)
Net loss (gain) attributable to non-controlling interest (39) 322 (53) 335
Net loss attributable to common stockholders $ (2,644) $ (1,627) $ (5,108) $ (2,124)
Net loss per common share, basic $ (0.45) $ (0.56) $ (0.86) $ (0.73)
Net loss per common share, diluted $ (0.45) $ (0.56) $ (0.86) $ (0.73)
Weighted average common shares outstanding, basic 5,932 2,920 5,932 2,920
Weighted average common shares outstanding, diluted 5,932 2,920 5,932 2,920
Comprehensive loss        
Loss available to common stockholders $ (2,644) $ (1,627) $ (5,108) $ (2,124)
Foreign currency translation adjustments 135 (1,216) 322 (1,607)
Total comprehensive loss (2,509) (2,843) (4,786) (3,731)
Related Party [Member]        
Other (expense) income        
Interest (expense) income 0 1 0 (11)
Nonrelated Party [Member]        
Other (expense) income        
Interest (expense) income $ (395) $ (397) $ (564) $ (464)

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