Quarterly report pursuant to Section 13 or 15(d)

Proforma Financial Information

v3.21.2
Proforma Financial Information
6 Months Ended
Jun. 30, 2021
Business Acquisition, Pro Forma Information [Abstract]  
Proforma Financial Information Proforma Financial Information
Nanotron Proforma and CXApp Proforma Financial Information
The following unaudited proforma financial information presents the consolidated results of operations of the Company and Nanotron for the three and six months ended June 30, 2020, as if the acquisition had occurred as of the beginning of the first period presented instead of on October 6, 2020. 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.
The following unaudited proforma financial information presents the consolidated results of operations of the Company and the CXApp for the three and six months ended June 30, 2021, as if the acquisition had occurred as of the beginning of the first period presented instead of on April 30, 2021. 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.
The proforma financial information for Ten Degrees, Game Your Game and Visualix have not been presented as it is deemed immaterial.
The proforma financial information for the Company, Nanotron, and CXApp is as follows (in thousands). Nanotron is not included in 2021 proforma information as the acquisition occurred on October 6, 2020:
For the Three Months Ended June 30, 2020 For the Six Months Ended June 30, 2020
Revenues $ 2,949  $ 6,758 
Net income (loss) attributable to common stockholders $ (8,939) $ (16,319)
Net income (loss) per basic and diluted common share $ (0.28) $ (0.72)
Weighted average common shares outstanding:
Basic and Diluted 31,673,534  22,780,803 
For the Three Months Ended June 30, 2021
For the Six Months Ended June 30, 2021
Revenues $ 3,828  $ 8,257 
Net income (loss) attributable to common stockholders $ 14,875  $ 1,794 
Net income (loss) per basic common share $ 0.13  $ 0.02 
Net income (loss) per diluted common share $ 0.13  $ 0.02 
Weighted average common shares outstanding:
Basic 112,957,969  100,444,630 
Diluted 112,958,815  100,458,729