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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Net revenues:        
IoT & Mobile Solutions $ 39,983 $ 31,741 $ 72,764 $ 60,621
Enterprise SaaS Solutions 15,908 17,316 31,683 35,169
Total net revenues 55,891 49,057 104,447 95,790
Cost of net revenues:        
IoT & Mobile Solutions 33,986 24,623 61,586 48,375
Enterprise SaaS Solutions 6,350 6,998 12,546 13,860
Impairment of abandoned product line, net of recoveries 0 (221) 0 355
Total cost of net revenues 40,336 31,400 74,132 62,590
Gross profit 15,555 17,657 30,315 33,200
Operating costs and expenses:        
Research and development 5,188 4,968 8,673 9,944
Sales and marketing 7,229 5,635 13,620 11,050
General and administrative 7,449 6,302 13,901 12,797
Amortization of purchased intangible assets 857 931 1,728 1,895
Restructuring charges, net of recoveries 15 643 37 920
Total operating costs and expenses 20,738 18,479 37,959 36,606
Operating loss (5,183) (822) (7,644) (3,406)
Other expense:        
Interest expense, net (5,142) (5,147) (10,217) (10,247)
Other income (expense), net (72) (438) 241 (374)
Loss before income taxes (10,397) (6,407) (17,620) (14,027)
Income tax provision 322 272 570 712
Net loss (10,719) (6,679) (18,190) (14,739)
Less: Net loss (income) attributable to noncontrolling interests (60) 19 (74) 29
Net loss attributable to Inseego Corp. $ (10,779) $ (6,660) $ (18,264) $ (14,710)
Net loss per share:        
Basic and diluted net loss per share (dollars per share) $ (0.14) $ (0.11) $ (0.24) $ (0.24)
Weighted-average shares used in computation of net loss per share:        
Basic and diluted (in dollars per share) 78,844,666 61,468,129 76,618,142 61,096,886