Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.23.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
REVENUE $ 3,322,000 $ 3,768,000
COST OF REVENUE 1,948,000 1,909,000
GROSS PROFIT 1,374,000 1,859,000
OPERATING EXPENSE    
Selling, marketing and advertising 2,650,000 2,734,000
Engineering, technology and development 2,956,000 4,210,000
General and administrative 2,520,000 2,876,000
Contingent consideration 468,000 0
Total operating expense 8,594,000 9,820,000
NET OPERATING LOSS (7,220,000) (7,961,000)
OTHER INCOME (EXPENSE)    
Interest expense (40,000) (2,000)
Other 24,000 1,000
Total other income (expense) (16,000) (1,000)
Loss before benefit from income taxes (7,236,000) (7,962,000)
Benefit from income taxes 0 46,000
NET LOSS $ (7,236,000) $ (7,916,000)
Net loss attributable to common stockholders - basic and diluted    
Basic and diluted loss per common share (in dollars per share) $ (0.19) $ (0.21)
Weighted-average number of shares outstanding, basic and diluted (in shares) 37,715,941 36,838,957