XML 17 R4.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Sales        
Hardware $ 5,015 $ 2,215 $ 17,141 $ 6,327
Services and other 6,165 2,538 15,719 6,707
Total sales 11,180 4,753 32,860 13,034
Cost of sales        
Hardware 3,811 1,588 13,803 4,372
Services and other 2,855 818 5,989 2,206
Total cost of sales 6,666 2,406 19,792 6,578
Gross profit 4,514 2,347 13,068 6,456
Operating expenses:        
Sales and marketing expenses 718 330 2,572 834
Research and development expenses 238 226 897 455
General and administrative expenses 2,789 1,848 8,105 5,623
Bad debt (recovery)/expense 58   164 (463)
Depreciation and amortization expense 885 347 2,060 1,035
Deal and transaction expenses 110 538
Total operating expenses 4,798 2,751 14,336 7,484
Operating loss (284) (404) (1,268) (1,028)
Other income/(expenses):        
Interest expense (757) (186) (1,956) (617)
Change in fair value of warrant liability   7,902
Change in fair value of equity guarantee 442 369
Gain/(loss) on settlement of obligations 37 256 (237) 3,449
Loss on debt waiver consent   (1,212)
Loss on warrant amendment     (345)  
Change in fair value of Convertible Loan 166
Other expense (2) (8) 3 (7)
Total other income/(expense) (280) 62 4,524 2,991
Income/(loss) before income taxes (564) (342) 3,256 1,963
Benefit/(provision) for income taxes 10 (1) (46) (9)
Net income/(loss) $ (554) $ (343) $ 3,210 $ 1,954
Basic earnings/(loss) per common share (in Dollars per share) $ (0.03) $ (0.03) $ 0.17 $ 0.17
Diluted earnings/(loss) per common share (in Dollars per share) $ (0.03) $ (0.03) $ 0.17 $ 0.17
Weighted average shares outstanding - basic (in Shares) 21,750 11,897 19,383 11,692
Weighted average shares outstanding - diluted (in Shares) 21,750 11,897 19,383 11,692