XML 16 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Condensed Consolidated Statements of Operations (Unaudited)        
Service revenue $ 4,327,000 $ 3,605,000 $ 8,466,000 $ 7,093,000
Software solutions revenue 1,012,000 0 1,012,000 0
Product revenue 440,000 449,000 808,000 828,000
Total revenue 5,779,000 4,054,000 10,286,000 7,921,000
Operating expenses:        
Cost of service revenue 1,347,000 908,000 2,606,000 1,878,000
Cost of software solutions revenue 526,000 0 526,000 0
Cost of product revenue 286,000 263,000 511,000 483,000
Selling and marketing 1,795,000 1,062,000 3,036,000 2,100,000
General and administrative 2,681,000 1,046,000 4,935,000 2,234,000
Research and development 388,000 244,000 738,000 514,000
Total operating expenses 7,023,000 3,523,000 12,352,000 7,209,000
Income/(loss) from operations (1,244,000) 531,000 (2,066,000) 712,000
Other income/(expense):        
Interest income 1,000 1,000 1,000 2,000
Interest expense (21,000) (22,000) (40,000) (31,000)
Other income/(expense), net 1,000 1,000 3,000 (29,000)
Total other income/(expense), net (19,000) (20,000) (36,000) (58,000)
Income/(loss) before income tax (1,263,000) 511,000 (2,102,000) 654,000
Income tax benefit/(provision) 260,000 (3,000) 384,000 (6,000)
Net income/(loss) $ (1,003,000) $ 508,000 $ (1,718,000) $ 648,000
Earnings per common share:        
Basic $ (0.05) $ 0.03 $ (0.09) $ 0.04
Diluted $ (0.05) $ 0.03 $ (0.09) $ 0.04
Weighted-average common shares outstanding:        
Basic 19,443,777 15,023,929 18,818,085 14,964,138
Diluted 19,443,777 16,671,848 18,818,085 16,485,754