Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.20.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]    
Revenues $ 530 $ 318
Cost of revenues 249 158
Gross profit 281 160
Operating expenses:    
Research and development 514 614
Selling and marketing 1,096 1,212
General and administrative 3,822 2,637
Total operating expenses 5,432 4,463
Loss from operations (5,151) (4,303)
Interest expense (15)
Financial income (expense), net (47) 22
Change in fair value of derivative liabilities 102
Loss on extinguishment of derivative liability (288)
Warrant modification expense (412)
Loss before taxes (5,811) (4,281)
Income tax benefit 17 127
Net loss $ (5,794) $ (4,154)
Basic and diluted net loss available for holders of common stock, Series C Preferred Stock and Series D Preferred Stock $ (0.83) $ (0.64)
Weighted average common shares outstanding: Basic and diluted 6,939,358 6,448,343