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ORGANIZATION AND BASIS OF PRESENTATION (Tables)
3 Months Ended
Mar. 31, 2020
ORGANIZATION AND BASIS OF PRESENTATION  
Schedule of disaggregation of revenue

The following table presents our revenues disaggregated by sales channel:

 

 

 

 

 

 

 

 

 

 

Three months ended

 

 

March 31,

 

    

2020

    

2019

 

 

(in thousands)

Direct (Enterprise)

 

$

2,387

 

$

1,461

Indirect (Vertical partners)

 

 

1,862

 

 

525

Other

 

 

12

 

 

 —

Total revenues

 

$

4,261

 

$

1,986

 

Schedule of deferred revenue

The table below compares the deferred revenue balance as of March 31, 2020 versus December 31, 2019:

 

 

 

 

 

 

 

 

 

    

March 31,

    

December 31, 

 

 

2020

 

2019

 

 

(in thousands)

Deferred revenue

 

$

5,284

 

$

5,525

 

Schedule of antidilutive securities excluded from computation of earnings Per share

Potentially dilutive securities excluded from the computation of basic and diluted net earnings (loss) per share for the three months ended March 31, 2020 and 2019 are as follows:

 

 

 

 

 

 

 

    

2020

    

2019

 

 

( in thousands)

Preferred stock

 

298

 

286

Options to purchase common stock

 

924

 

881

Warrants to purchase common stock

 

403

 

1,743

Restricted stock units

 

419

 

223

Totals

 

2,044

 

3,133

 

Schedule of fair value, assets and liabilities measured on recurring basis

The following are the Company's liabilities measured at fair value on a recurring basis as of March 31, 2020 and December 31, 2019:

 

 

 

 

 

 

 

 

    

 

 

    

Fair Value

 

 

Fair Value

 

Hierarchy

 

 

(in thousands)

Liabilities

 

 

 

 

 

Warrant liability, March 31, 2020

 

$

92

 

Level 3

Warrant liability, December 31, 2019

 

$

120

 

Level 3