Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Statement of Comprehensive Income [Abstract]    
Revenues, Total $ 20,547 $ 24,090
Cost of revenue 10,414 12,508
Gross profit 10,133 11,582
Operating expenses    
Sales and marketing 7,844 10,576
Research and development 9,935 10,380
General and administrative 12,165 12,128
Litigation judgment 17,300 0
Total operating expenses 47,244 33,084
Loss from operations (37,111) (21,502)
Change in fair value of derivative liabilities 31 189
Change in fair value of contingent earnout liability (161) 808
Other expense, net (135) (204)
Interest expense (154) 0
Interest income 1,400 1,691
Loss before income taxes (36,130) (19,018)
Income tax (benefit) expense (184) 1
Net loss $ (35,946) $ (19,019)
Weighted average shares outstanding - Basic 199,290,500 195,369,245
Weighted average shares outstanding - diluted 199,290,500 195,369,245
Net loss per common share - Basic $ (0.18) $ (0.1)
Net loss per common share - Diluted $ (0.18) $ (0.1)