XML 15 R4.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenue:        
Revenue $ 10,379 $ 8,730 $ 20,317 $ 16,573
Cost of revenue:        
Cost of revenue 3,516 3,861 7,242 7,460
Gross profit 6,863 4,869 13,075 9,113
Operating expenses:        
Sales and marketing 5,616 5,106 11,152 11,404
Research, development and engineering 6,644 6,161 13,385 13,987
General and administrative 4,314 4,352 8,834 8,979
Amortization expense on acquired intangible assets 271 268 543 528
Impairment of lease right of use assets and leasehold improvements 0 250 0 250
Total operating expenses 16,845 16,137 33,914 35,148
Operating loss (9,982) (11,268) (20,839) (26,035)
Other income, net 723 647 1,251 1,392
Loss before income taxes (9,259) (10,621) (19,588) (24,643)
Provision for income taxes (11) (2) (20) (20)
Net loss $ (9,270) $ (10,623) $ (19,608) $ (24,663)
Loss per share:        
Loss per share — basic (in dollars per share) $ (0.43) $ (0.53) $ (0.93) $ (1.23)
Loss per share — diluted (in dollars per share) $ (0.43) $ (0.53) $ (0.93) $ (1.23)
Weighted average shares outstanding — basic (in shares) 21,392 20,162 21,061 20,128
Weighted average shares outstanding — diluted (in shares) 21,392 20,162 21,061 20,128
Comprehensive loss:        
Unrealized gain (loss) on marketable securities, net of tax of $0 $ 14 $ 43 $ (17) $ 144
Foreign currency translation adjustment, net of tax of $0 95 591 (277) 1,366
Other comprehensive income (loss) 109 634 (294) 1,510
Net loss (9,270) (10,623) (19,608) (24,663)
Comprehensive loss (9,161) (9,989) (19,902) (23,153)
Subscription [Member]        
Revenue:        
Revenue 6,380 4,678 12,142 8,563
Cost of revenue:        
Cost of revenue [1] 723 771 1,470 1,566
Service [Member]        
Revenue:        
Revenue 3,999 4,052 8,175 8,010
Cost of revenue:        
Cost of revenue [1] 1,661 1,968 3,500 3,683
Amortization Expense On Acquired Intangible Assets [Member]        
Cost of revenue:        
Cost of revenue $ 1,132 $ 1,122 $ 2,272 $ 2,211
[1] Cost of revenue for Subscription and Service excludes Amortization expense on acquired intangible assets.