Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

v3.10.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenue, net of returns, allowances and discounts $ 864 $ 616 $ 1,408 $ 855
Cost of revenues 593 513 1,010 935
Gross profit/(loss) 271 103 398 (80)
Operating expenses        
Selling, general and administrative 1,275 1,407 3,146 2,536
Business development costs 201 0 201 635
Total operating expenses 1,476 1,407 3,347 3,171
Loss from operations (1,205) (1,304) (2,949) (3,251)
Other (expense) income        
Interest income 4 2 5 4
Change in fair value of warrant liability (15) 250 (34) 369
Loss on early extinguishment of debt, net (1,706) 0 (1,706) 0
Total other (expense) income (1,717) 252 (1,735) 373
Loss from continuing operations before tax (2,922) (1,052) (4,684) (2,878)
Income tax benefit (expense) 3 (3) 0 (6)
Loss from continuing operations (2,919) (1,055) (4,684) (2,884)
Discontinued operations:        
Loss from discontinued operations, net of tax of $0, for the three and six months ended June 30, 2018 and 2017 (3,864) (3,149) (7,207) (8,317)
Gain on sale of assets, net of tax of $0.5 million for the three and six months ended June 30, 2018 5,521 0 5,521 0
Income/(loss) from discontinued operations, net of tax 1,657 (3,149) (1,686) (8,317)
Net loss $ (1,262) $ (4,204) $ (6,370) $ (11,201)
Net loss per basic and diluted common share:        
Loss from continuing operations $ (0.66) $ (0.23) $ (1.07) $ (0.76)
Loss from discontinued operations (0.88) (0.70) (1.65) (2.19)
Gain on sale of assets 1.25 0 1.27 0
Total from discontinued operations 0.37 (0.70) (0.38) (2.19)
Net loss per basic and diluted common share $ (0.29) $ (0.93) $ (1.45) $ (2.95)
Weighted average shares used in computing net loss per basic and diluted common share 4,407,168 4,523,689 4,358,866 3,801,527