Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.22.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Net revenues $ 17,642 $ 17,651 $ 36,099 $ 35,116
Cost of revenues 9,966 10,327 20,980 19,953
Gross profit 7,676 7,324 15,119 15,163
Operating expenses:        
Marketing 3,115 3,874 5,759 7,979
Personnel 3,778 2,971 7,986 5,387
General and administrative 4,847 3,415 9,680 5,567
Production and operation 42 20 192 54
Creative development 29 115 109 156
Total operating expenses 11,811 10,395 23,726 19,143
Loss from operations (4,135) (3,071) (8,607) (3,980)
Other income (expense)        
Interest expense (123) (281) (146) (421)
Expense from change in fair value of warrant liabilities 0 (872) 0 (893)
Other income, net 279 312 549 608
Gain on debt forgiveness - Paycheck Protection Program note payable 0 0 0 1,364
Total other income (expense), net 156 (841) 403 658
Loss before provision for income taxes (3,979) (3,912) (8,204) (3,322)
Income tax expense 4 18 20 15
Net loss $ (3,983) $ (3,930) $ (8,224) $ (3,337)
Net loss per common share:        
Basic $ (0.32) $ (2.06) $ (0.66) $ (1.90)
Diluted $ (0.32) $ (2.06) $ (0.66) $ (1.90)
Weighted-average common shares outstanding:        
Basic 12,481,397 1,909,564 12,446,187 1,754,958
Diluted 12,481,397 1,909,564 12,446,187 1,754,958