| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | ||
|---|---|---|---|---|---|---|
Revenue | ||||||
75,146 | 52,603 | 36,164 | - | - | ||
Cost of revenue | ||||||
43,844 | 31,543 | 20,733 | - | - | ||
Revenue | ||||||
- | - | - | 22,760 | 17,217 | ||
Cost of revenue | ||||||
- | - | - | 13,031 | 10,177 | ||
Gross profit | ||||||
31,301 | 21,060 | 15,430 | 9,729 | 7,039 | ||
Selling and marketing expenses | ||||||
21,129 | 21,213 | 16,611 | 8,675 | 5,701 | ||
General and administrative expenses | ||||||
11,620 | 10,487 | 6,899 | 3,899 | 3,165 | ||
Total operating expense | ||||||
32,750 | 31,701 | 23,510 | 12,574 | 8,867 | ||
Income/(loss) from operations | ||||||
-1,448 | -10,640 | -8,079 | -2,844 | -1,827 | ||
Other Income/(Expense): | ||||||
Interest income on note receivable (note 6) | ||||||
381 | - | - | - | - | ||
Interest expense | ||||||
-509 | -174 | - | - | - | ||
Interest on other obligations | ||||||
-57 | - | - | - | - | ||
Interest expense | ||||||
- | - | 160 | 228 | 322 | ||
Loss on debt extinguishment | ||||||
- | -377 | - | - | - | ||
Amortization of discount on notes payable | ||||||
-707 | -14 | - | - | - | ||
Amortization of discount on bonds payable | ||||||
-119 | - | - | - | - | ||
Other miscellaneous income | ||||||
-29 | - | - | - | - | ||
(Loss)/gain on investment repayment-(note 6) | ||||||
12,461 | - | - | - | - | ||
Gain from the sales of equipment | ||||||
- | - | - | 6 | 0 | ||
Total Other Income/(Expense) | ||||||
11,419 | -565 | -160 | -222 | -322 | ||
Net Income/(Loss) | ||||||
9,971 | -11,206 | -8,240 | -3,067 | -2,149 | ||
Preferred stock dividend - other | ||||||
- | 213 | - | - | - | ||
Preferred stock dividend - beneficial conversion feature | ||||||
- | - | - | - | 139 | ||
Preferred stock dividend - other | ||||||
- | - | - | - | 280 | ||
Preferred stock dividend - other | ||||||
- | - | 365 | 366 | - | ||
Net Income | ||||||
9,971 | -11,419 | -8,606 | -3,433 | -2,570 | ||
Other comprehensive income/(loss): | ||||||
Weighted average shares outstanding (in shares) | ||||||
- | - | 44,419 | 38,568 | 33,175 | ||
Loss per share, basic and diluted (in dollars per share) | ||||||
- | - | -0.19 | -0.09 | -0.08 | ||
Income per share: | ||||||
Basic | ||||||
0.16 | -0.23 | - | - | - | ||
Diluted | ||||||
0.16 | -0.23 | - | - | - | ||
Weighted average shares outstanding: | ||||||
Basic | ||||||
60,761 | 50,050 | - | - | - | ||
Diluted | ||||||
64,183 | 50,050 | - | - | - | ||