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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Sales        
Hardware $ 5,667 $ 1,296 $ 12,126 $ 4,112
Services and other 5,256 1,981 9,554 4,169
Total sales 10,923 3,277 21,680 8,281
Cost of sales        
Hardware 4,610 870 9,992 2,784
Services and other 1,651 532 3,134 1,388
Total cost of sales 6,261 1,402 13,126 4,172
Gross profit 4,662 1,875 8,554 4,109
Operating expenses:        
Sales and marketing expenses 1,147 169 1,854 504
Research and development expenses 418 58 659 229
General and administrative expenses 2,562 1,666 5,316 3,775
Bad debt (recovery) / expense 49 106 (463)
Depreciation and amortization expense 468 344 1,175 688
Deal and transaction expense 37 428
Total operating expenses 4,632 2,286 9,538 4,733
Operating income/(loss) 30 (411) (984) (624)
Other income (expenses):        
Interest expense (750) (182) (1,199) (431)
Change in fair value of Warrant Liability 2,433 7,902
Change in fair value of Equity Guarantee (73) (73)
(Loss) on debt waiver consent (1,212)
(Loss) on warrant amendment (345) (345)
Gain/(loss) on settlement of obligations 21 1,628 (274) 3,193
Change in fair value of Convertible Loan 166
Other expense (1) (3) 5 1
Total other income 1,285 1,443 4,804 2,929
Income/(loss) before income taxes 1,315 1,032 3,820 2,305
Benefit/(provision) for income taxes (53) (7) (56) (8)
Net income $ 1,262 $ 1,025 $ 3,764 $ 2,297
Basic earnings per common share (in Dollars per share) $ 0.06 $ 0.09 $ 0.21 $ 0.2
Diluted earnings/(loss) per common share (in Dollars per share) $ 0.06 $ 0.09 $ 0.21 $ 0.2
Weighted average shares outstanding - basic (in Shares) 21,702 11,854 18,180 11,588
Weighted average shares outstanding - diluted (in Shares) 21,702 11,862 18,180 11,596