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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenue, net of contractual allowances and adjustments $ 2,049 $ 1,046 $ 5,176 $ 3,162
less allowance for doubtful accounts (422) (262) (1,025) (723)
Net sales 1,627 784 4,151 2,439
Total cost of sales 1,250 756 3,478 2,201
Gross profit 377 28 673 238
OPERATING EXPENSES:        
Operating expenses 2,809 2,391 7,567 6,955
OPERATING LOSS (2,432) (2,363) (6,894) (6,717)
OTHER INCOME (EXPENSE):        
Interest income (expense), net (3) (97) (470) (298)
Warrant revaluation (857) 563 (293) (19)
Loss on modification of warrants       (1,128)
Derivative revaluation       (415)
Gain on settlement of liability, net 0   0 1,251
Loss on extinguishment of debt     1,225  
Loss on litigation       (266)
Loss on issuance of convertible notes       (1,870)
Other income     153  
Total other expenses (860) 466 (1,835) (2,745)
LOSS BEFORE INCOME TAXES (3,292) (1,897) (8,729) (9,462)
NET LOSS (3,292) (1,897) (8,729) (9,462)
Less: Net income attributable to noncontrolling interest in joint venture (10)   (27)  
Deemed dividends related to beneficial conversion feature of preferred stock and fair value of warrant down round features     (3,344)  
NET LOSS ATTRIBUTABLE TO PRECIPIO, INC. COMMON STOCKHOLDERS $ (3,302) $ (1,897) $ (12,100) $ (9,462)
BASIC AND DILUTED LOSS PER COMMON SHARE (IN DOLLARS PER SHARE) $ (0.21) $ (0.31) $ (1.01) $ (1.85)
BASIC AND DILUTED WEIGHTED-AVERAGE SHARES OF COMMON STOCK OUTSTANDING (IN SHARES) 16,007,025 6,186,119 11,925,642 5,104,397
Service revenue, net [Member]        
Revenue, net of contractual allowances and adjustments $ 1,998 $ 1,020 $ 5,072 $ 3,125
less allowance for doubtful accounts (422) (262) (1,025) (723)
Net sales 1,576 758 4,047 2,402
Total cost of sales 1,244 756 3,472 2,201
Other [Member]        
Revenue, net of contractual allowances and adjustments 51 $ 26 104 $ 37
Total cost of sales $ 6   $ 6