Annual report pursuant to Section 13 and 15(d)

Proforma Financial Information

v3.19.3.a.u2
Proforma Financial Information
12 Months Ended
Dec. 31, 2019
Business Acquisition, Pro Forma Information [Abstract]  
Proforma Financial Information

Note 6 - Proforma Financial Information

 

The following unaudited proforma financial information presents the consolidated results of operations of the Company and Jibestream for the years ended December 31, 2019 and 2018, 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 Years Ended
December 31,
 
    2019     2018  
Revenues   $ 7,558       6,088  
Net loss attributable to common stockholders   $ (36,513 )     (47,038 )
Net loss per basic and diluted common share   $ (36.59 )     (171.55 )
Weighted average common shares outstanding:                
Basic and Diluted     997,856       274,189