Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.20.2
Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2020
Accounting Policies [Abstract]  
Schedule of reconciliation cash, cash equivalents and restricted cash

    As of September 30,  
(in thousands)   2020     2019  
Cash and cash equivalents   $ 31,376     $ 494  
Restricted cash, current included in prepaid assets and other current assets     --       71  
Total cash, cash equivalents, and restricted cash in the balance sheets   $ 31,376     $ 565  

Schedule of disaggregation of revenue

    For the Three Months Ended
September 30,
    For the Nine Months Ended
September 30,
 
    2020     2019     2020     2019  
Recurring revenue   $ 1,182     $ 754     $ 2,883     $ 1,968  
Non-recurring revenue     1,372       780       2,551       2,419  
Totals   $ 2,554     $ 1,534     $ 5,434     $ 4,387  

Schedule of stock-based compensation charges

    For the Three Months Ended
September 30,
    For the Nine Months Ended
September 30,
 
    2020     2019     2020     2019  
Compensation and related benefits   $ 256     $ 871     $ 941     $ 2,376  
Professional and legal fees     --       --       --       242  
Totals   $ 256     $ 871     $ 941     $ 2,618  

Schedule of number of common shares and common share equivalents excluded from the calculation of diluted net loss per common share

    For the Nine Months Ended
September 30,
 
    2020     2019  
Options     5,544,594       124,099  
Warrants     93,252       162,646  
Convertible preferred stock     846       846  
Reserved for service providers     --       25  
Common stock issuable pursuant to Jibestream acquisition share purchase agreement     --       63,645  
Totals     5,638,692       351,261