Income Statement

v3.20.4
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Total revenue $ 324 $ 393 $ 999 $ 931
Cost of goods sold 52 74 151 230
Gross profit 272 319 848 701
Operating expenses:        
Compensation and benefits 371 338 1,157 832
Selling, general, and administrative 840 784 3,494 2,670
Research and development 62 115 307 196
Impairment of operating lease right of use asset 255 255
Total operating expenses 1,528 1,237 5,213 3,698
Loss from operations (1,256) (918) (4,365) (2,997)
Other income (expense):        
Change in fair value of derivative liability (182) 101
Discount Amortization (117) (396)
Loss on debt extinguishment (1,081)   (795)  
Interest expense (70) (10) (476) (20)
Other income (expense), net (1,450) (10) (1,566) (20)
Net loss $ (2,706) $ (928) $ (5,931) $ (3,017)
Net loss per share, basic and diluted $ (0.05) $ (0.02) $ (0.11) $ (0.08)
Weighted average common shares outstanding - basic and diluted 57,844,835 41,823,505 56,034,097 40,092,030
Sales, Net [Member]        
Total revenue $ 315 $ 384 $ 973 $ 914
Distributor License Fees [Member]        
Total revenue $ 9 $ 9 $ 26 $ 17

Source