Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Operations (Unaudited)

v3.21.2
Condensed Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Net revenues        
Total net revenues $ 5 $ 68 $ 17 $ 259
Cost of revenues        
Total cost of revenues 246 568 1,213 1,746
Gross loss (241) (500) (1,196) (1,487)
Operating expenses        
Selling, general and administrative 4,211 4,695 11,285 18,154
Research and development 2,942 2,312 8,521 5,534
Total operating expenses 7,153 7,007 19,806 23,688
Operating loss (7,394) (7,507) (21,002) (25,175)
Other income (expense), net        
Other income (expense), net 16 (8) 5 97
Gain on extinguishment of PPP promissory note     2,023  
Total other income (expense), net 16 (8) 2,028 97
Loss from continuing operations before income taxes (7,378) (7,515) (18,974) (25,078)
Loss from continuing operations (7,378) (7,515) (18,974) (25,078)
Discontinued operations (Note 3)        
Income (loss) from discontinued operations (including gain on sale of $3,500 in 2021) before income taxes 3,080 (264) 2,191 (523)
Income (loss) from discontinued operations 3,080 (264) 2,191 (523)
Net loss $ (4,298) $ (7,779) $ (16,783) $ (25,601)
Net (loss) income per share, basic and diluted        
Continuing operations $ (1.15) $ (3.15) $ (4.23) $ (19.32)
Discontinued operations 0.48 (0.11) 0.49 (0.40)
Total net loss per share, basic and diluted $ (0.67) $ (3.26) $ (3.74) $ (19.72)
Weighted average number of shares used in computing net income (loss) per share, basic and diluted 6,415 2,386 4,487 1,298
Product Sales [Member]        
Net revenues        
Total net revenues $ 5 $ 66 $ 17 $ 254
Cost of revenues        
Total cost of revenues 68 323 676 1,131
Service and Other [Member]        
Net revenues        
Total net revenues   2   5
Cost of revenues        
Total cost of revenues $ 178 $ 245 $ 537 $ 615