Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Operations (Unaudited)

v3.25.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues:    
Total Revenues $ 20,754 $ 37,568
Cost of Revenues:    
Total Cost of Revenues 13,385 24,149
Gross Profit 7,369 13,419
Operating Expenses:    
Compensation 13,549 14,957
General and administrative expenses 8,872 7,807
Other operating expenses 5,349 6,438
Change in fair value of consideration payable 679 1,700
Total Operating Expenses 28,449 30,902
Loss From Operations (21,080) (17,483)
Other (Expense) Income, Net:    
Interest expense (56) (427)
Change in fair value of derivative and other accrued liabilities 2 2
Dividend and interest income 455 763
Total Other Income 401 338
Loss Before Income Taxes (20,679) (17,145)
Provision for income taxes (28) (28)
Net Loss $ (20,707) $ (17,173)
Net Loss Per Share:    
Basic $ (0.20) $ (0.17)
Diluted $ (0.20) $ (0.17)
Weighted Average Number of Common Shares Outstanding:    
Basic 102,466,507 99,902,470
Diluted 102,466,507 99,902,470
Product [Member]    
Revenues:    
Total Revenues $ 8,381 $ 27,508
Cost of Revenues:    
Total Cost of Revenues 5,548 16,602
Service [Member]    
Revenues:    
Total Revenues 6,780 5,027
Cost of Revenues:    
Total Cost of Revenues 904 705
Network [Member]    
Revenues:    
Total Revenues 2,626 2,065
Cost of Revenues:    
Total Cost of Revenues 463 589
Warranty [Member]    
Revenues:    
Total Revenues 955 953
Grant and Fee Rebate [Member]    
Revenues:    
Total Revenues 160 583
Car-Sharing Services [Member]    
Revenues:    
Total Revenues 1,175 1,097
Cost of Revenues:    
Total Cost of Revenues 685 862
Other [Member]    
Revenues:    
Total Revenues 677 335
Operating Expenses:    
Other operating expenses [1] 3,556 5,556
Host Provider Fees [Member]    
Cost of Revenues:    
Total Cost of Revenues 3,652 3,042
Warranty and Repairs and Maintenance [Member]    
Cost of Revenues:    
Total Cost of Revenues 840 605
Depreciation and Amortization [Member]    
Cost of Revenues:    
Total Cost of Revenues $ 1,293 $ 1,744
[1] Includes operating lease expense, insuance expense, office expenses and travel expenses.