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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenue, net of contractual allowances and adjustments $ 3,645 $ 2,446 $ 6,474 $ 4,973
Adjustment for allowance for doubtful accounts (112) (87) (124) (167)
Net sales 3,533 2,359 6,350 4,806
Total cost of sales 2,162 1,586 4,230 3,330
Gross profit 1,371 773 2,120 1,476
OPERATING EXPENSES:        
Operating expenses 3,663 3,206 7,438 8,718
OPERATING LOSS (2,292) (2,433) (5,318) (7,242)
OTHER (EXPENSE) INCOME:        
Interest expense, net (1) (2) (5)  
Warrant revaluation   297   519
Gain on settlement of liability       1
Total other (expense) income (1) 295 (5) 520
LOSS BEFORE INCOME TAXES (2,293) (2,138) (5,323) (6,722)
NET LOSS (2,293) (2,138) (5,323) (6,722)
Less: Net income attributable to noncontrolling interest in joint venture   (6)   (12)
NET LOSS ATTRIBUTABLE TO PRECIPIO, INC. COMMON STOCKHOLDERS $ (2,293) $ (2,144) $ (5,323) $ (6,734)
LOSS PER COMMON SHARE, BASIC $ (0.09) $ (0.09) $ (0.22) $ (0.30)
LOSS PER COMMON SHARE, DILUTED $ (0.09) $ (0.09) $ (0.22) $ (0.30)
WEIGHTED-AVERAGE SHARES OF COMMON STOCK OUTSTANDING, BASIC 24,362,785 22,708,708 23,790,491 22,708,648
WEIGHTED-AVERAGE SHARES OF COMMON STOCK OUTSTANDING, DILUTED 24,362,785 22,708,708 23,790,491 22,708,648
Service revenue, net [Member]        
Revenue, net of contractual allowances and adjustments $ 2,768 $ 2,226 $ 4,836 $ 4,231
Adjustment for allowance for doubtful accounts (112) (87) (124) (167)
Net sales 2,656 2,139 4,712 4,064
Total cost of sales 1,880 1,366 3,649 2,902
Other [Member]        
Revenue, net of contractual allowances and adjustments 877 220 1,638 742
Net sales 877 220 1,638 742
Total cost of sales $ 282 $ 220 $ 581 $ 428