XML 59 R4.htm IDEA: XBRL DOCUMENT v3.19.3
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenue:        
Revenues $ 24,559 $ 23,458 $ 76,160 $ 64,529
Cost of Sales 9,052 8,471 27,601 21,248
Gross profit 15,507 14,987 48,559 43,281
Operating expenses:        
Selling, general and administrative 11,395 11,052 36,019 33,394
Research and development 2,501 3,514 6,730 6,495
Amortization of intangible assets 2,375 2,447 7,918 6,038
Total operating expenses 16,271 17,013 50,667 45,927
Loss from operations (764) (2,026) (2,108) (2,646)
Other expense        
Interest expense and other (2,864) (1,861) (8,709) (6,343)
Total other expense, net (2,864) (1,861) (8,709) (6,343)
Loss before income taxes (3,628) (3,887) (10,817) (8,989)
Income tax benefit (expense) 272 303 (400) (288)
Net Loss (3,356) (3,584) (11,217) (9,277)
Other comprehensive income:        
Unrealized gain (loss) on marketable securities (4) (101) 22 (101)
Foreign currency translation loss (514) (211) (560) (645)
Comprehensive loss $ (3,874) $ (3,896) $ (11,755) $ (10,023)
Basic and diluted net loss per share        
Basic (in dollars per share) $ (0.22) $ (0.24) $ (0.73) $ (0.68)
Diluted (in dollars per share) $ (0.22) $ (0.24) $ (0.73) $ (0.68)
Weighted average basic and diluted shares        
Basic (in shares) 15,565,000 15,223,000 15,472,000 13,591,000
Diluted (in shares) 15,565,000 15,223,000 15,472,000 13,591,000
Recurring        
Revenue:        
Revenues $ 21,220 $ 19,561 $ 65,214 $ 54,795
Professional services, hardware and other        
Revenue:        
Revenues $ 3,339 $ 3,897 $ 10,946 $ 9,734