Annual report pursuant to Section 13 and 15(d)

Proforma Financial Information

v3.21.1
Proforma Financial Information
12 Months Ended
Dec. 31, 2020
Business Acquisition, Pro Forma Information [Abstract]  
Proforma Financial Information Proforma Financial Information
Jibestream 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, 2020 and 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.
The proforma financial information for the Company and Jibestream is as follows (in thousands):
For the Years Ended December 31,
2020 2019
Revenues $ 9,297  7,558 
Net loss attributable to common stockholders $ (29,229) (36,513)
Net loss per basic and diluted common share (1.01) (36.59)
Weighted average common shares outstanding:
Basic and Diluted 28,800,493  997,856 
Nanotron Proforma Financial Information
The following unaudited proforma financial information presents the consolidated results of operations of the Company and Nanotron for the years ended December 31, 2020 and 2019, 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 proforma financial information for the Company and Nanotron is as follows (in thousands):
For the Years Ended December 31,
2020 2019
Revenues $ 13,059  $ 15,044 
Net loss attributable to common stockholders $ (29,541) $ (39,532)
Net loss per basic and diluted common share $ (1.03) $ (53.31)
Weighted average common shares outstanding:
Basic and Diluted 28,800,493  741,530