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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Net revenues:        
IoT & Mobile Solutions $ 31,741 $ 43,265 $ 60,621 $ 82,027
Enterprise SaaS Solutions 17,316 16,648 35,169 33,275
Total net revenues 49,057 59,913 95,790 115,302
Cost of net revenues:        
IoT & Mobile Solutions 24,623 35,615 48,375 67,638
Enterprise SaaS Solutions 6,998 5,662 13,860 12,842
Impairment of abandoned product line, net of recoveries (221) 1,407 355 1,407
Total cost of net revenues 31,400 42,684 62,590 81,887
Gross profit 17,657 17,229 33,200 33,415
Operating costs and expenses:        
Research and development 4,968 5,400 9,944 11,689
Sales and marketing 5,635 7,002 11,050 14,159
General and administrative 6,302 8,094 12,797 20,131
Amortization of purchased intangible assets 931 905 1,895 1,809
Restructuring charges, net of recoveries 643 1,443 920 2,252
Total operating costs and expenses 18,479 22,844 36,606 50,040
Operating loss (822) (5,615) (3,406) (16,625)
Other income (expense):        
Interest expense, net (5,147) (4,881) (10,247) (9,037)
Other expense, net (438) (985) (374) (1,628)
Loss before income taxes (6,407) (11,481) (14,027) (27,290)
Income tax provision 272 556 712 861
Net loss (6,679) (12,037) (14,739) (28,151)
Less: Net loss attributable to noncontrolling interests 19 13 29 27
Net loss attributable to Inseego Corp. $ (6,660) $ (12,024) $ (14,710) $ (28,124)
Net loss per share:        
Basic and diluted ($ per share) $ (0.11) $ (0.21) $ (0.24) $ (0.49)
Weighted-average shares used in computation of net loss per share:        
Basic and diluted (in shares) 61,468,129 57,970,033 61,096,886 57,726,475