Quarterly report pursuant to Section 13 or 15(d)

Proforma Financial Information

v3.20.2
Proforma Financial Information
9 Months Ended
Sep. 30, 2020
Business Acquisition, Pro Forma Information [Abstract]  
Proforma Financial Information

Note 9 - Proforma Financial Information

 

The following unaudited proforma financial information presents the condensed consolidated results of operations of the Company and Jibestream for the three and nine months ended September 30, 2019, as if the acquisition had occurred as of the beginning of the first period presented instead of on August 15, 2019. The proforma information does not necessarily reflect the results of operations that would have occurred had the entities been a single company during those periods.

 

(in thousands, except per share data)   For the Three
Months
Ended
September 30,
2019
    For the Nine 
Months
Ended
September 30,
2019
 
Revenues   $ 2,031     $ 5,898  
Net loss attributable to common stockholders   $ (7,226 )   $ (19,805 )
Net loss per basic and diluted common share   $ (9.31 )   $ (37.19 )
Weighted average common shares outstanding:                
Basic and Diluted     776,288       532,588