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Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues $ 23,771 $ 28,202
Cost of revenues 10,789 12,048
Gross profit 12,982 16,154
Sales and marketing expenses 5,579 6,306
General and administrative expenses 6,759 5,803
Research and development expenses 2,490 2,735
Amortization of intangible assets 1,427 1,430
Total operating expenses 16,255 16,274
Operating loss (3,273) (120)
Other expense:    
Interest expense, net (1,299) (1,405)
Other (income) expense, net 111 (269)
Total other expense (1,188) (1,674)
Loss before income taxes (4,461) (1,794)
Income tax expense 55 576
Net loss $ (4,516) $ (2,370)
Loss per share:    
Basic loss per common share (in dollars per share) $ (0.12) $ (0.06)
Diluted loss per common share (in dollars per share) $ (0.12) $ (0.06)
Weighted-average common shares:    
Basic (in shares) 38,328,791 37,644,684
Diluted (in shares) 38,328,791 37,644,684
Net Loss $ (4,516) $ (2,370)
Other comprehensive (loss):    
Foreign currency translation adjustments (1,576) 4
Derivatives qualifying as hedges, net of tax:    
(Loss) gain on derivative instruments designated and qualifying as cash flow hedges (216) (196)
Amounts reclassified from accumulated other comprehensive loss to net loss 72 17
Derivatives qualifying as hedges, net of tax (144) (179)
Other comprehensive (loss) (1,720) (175)
Comprehensive loss $ (6,236) $ (2,545)