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Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues $ 23,308 $ 29,584 $ 47,079 $ 57,786
Cost of revenues 9,452 13,629 20,241 25,677
Gross profit 13,856 15,955 26,838 32,109
Operating expenses:        
Sales and marketing expenses 4,279 5,770 9,858 12,076
General and administrative expenses 5,670 4,809 12,429 10,612
Research and development expenses 1,897 2,771 4,387 5,506
Amortization of intangible assets 1,454 1,436 2,881 2,866
Impairment charges 0 941 0 941
Total operating expenses 13,300 15,727 29,555 32,001
Operating income (loss) 556 228 (2,717) 108
Other expense:        
Interest expense, net (1,233) (1,376) (2,532) (2,781)
Other (income) expense, net (191) 16 (80) (253)
Total other expense (1,424) (1,360) (2,612) (3,034)
Loss before income taxes (868) (1,132) (5,329) (2,926)
Income tax expense (benefit) 713 (885) 768 (309)
Net loss $ (1,581) $ (247) $ (6,097) $ (2,617)
Loss per share:        
Basic loss per share (in dollars per share) $ (0.04) $ (0.01) $ (0.16) $ (0.07)
Diluted loss per share (in dollars per share) $ (0.04) $ (0.01) $ (0.16) $ (0.07)
Weighted-average common shares:        
Basic (in shares) 38,467,686 37,735,717 38,389,358 37,682,539
Diluted (in shares) 38,467,686 37,735,717 38,389,358 37,682,539
Comprehensive income (loss):        
Net Loss $ (1,581) $ (247) $ (6,097) $ (2,617)
Other comprehensive income/(loss):        
Foreign currency translation adjustments 619 (195) (957) (191)
Derivatives qualifying as hedges, net of tax:        
Loss on derivative instruments designated and qualifying as cash flow hedges (11) (298) (227) (494)
Amounts reclassified from accumulated other comprehensive loss to net loss 97 19 169 36
Derivatives qualifying as hedges, net of tax 86 (279) (58) (458)
Other comprehensive income/(loss) 705 (474) (1,015) (649)
Comprehensive loss $ (876) $ (721) $ (7,112) $ (3,266)