Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Operations (Unaudited)

v3.25.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues:        
Total Revenues $ 27,030 $ 25,187 $ 76,451 $ 96,017
Cost of Revenues:        
Total Cost of Revenues 17,364 16,068 57,322 62,766
Gross Profit 9,666 9,119 19,129 33,251
Operating Expenses:        
Compensation 11,528 15,159 38,849 47,770
General and administrative expenses 5,455 7,972 26,135 23,782
Other operating expenses 4,589 4,739 16,877 16,135
Change in fair value of consideration payable and gain on settlement (Note 9) (11,701) 364 (9,238) 2,811
Impairment of goodwill 69,111 69,111
Total Operating Expenses 9,871 97,345 72,623 159,609
Loss From Operations (205) (88,226) (53,494) (126,358)
Other Income (Expense):        
Interest income (expense) 13 (2) 28 (475)
Gain on extinguishment of notes payable 36 36
Change in fair value of derivatives and other accrued liabilities (1) 4 (8) (11)
Other income (expense) 2 (2) 2 (2)
Dividend and interest income 145 783 883 2,363
Total Other Income, Net 159 819 905 1,911
Loss Before Income Taxes (46) (87,407) (52,589) (124,447)
(Provision) benefit for income taxes (40) 18 (163) (174)
Net Loss $ (86) $ (87,389) $ (52,752) $ (124,621)
Net Loss Per Share:        
Basic $ (0.00) $ (0.86) $ (0.50) $ (1.24)
Diluted $ (0.00) $ (0.86) $ (0.50) $ (1.24)
Weighted Average Number of Common Shares Outstanding:        
Basic 109,110,766 101,113,655 104,849,997 100,676,840
Diluted 109,110,766 101,113,655 104,849,997 100,676,840
Product [Member]        
Revenues:        
Total Revenues $ 13,035 $ 13,448 $ 35,924 $ 64,538
Cost of Revenues:        
Total Cost of Revenues 7,987 9,122 30,571 39,965
Service [Member]        
Revenues:        
Total Revenues 7,758 5,254 22,229 15,217
Cost of Revenues:        
Total Cost of Revenues 1,354 724 3,320 1,924
Network [Member]        
Revenues:        
Total Revenues 2,874 2,332 8,454 6,304
Cost of Revenues:        
Total Cost of Revenues 627 577 1,726 1,816
Warranty [Member]        
Revenues:        
Total Revenues 1,486 1,405 4,023 3,698
Grant And Fee Rebate [Member]        
Revenues:        
Total Revenues 59 982 251 1,617
Car Sharing Services [Member]        
Revenues:        
Total Revenues 1,231 1,168 3,517 3,467
Cost of Revenues:        
Total Cost of Revenues 1,439 1,156 3,190 3,302
Other [Member]        
Revenues:        
Total Revenues 587 598 2,053 1,176
Operating Expenses:        
Other operating expenses [1] 2,942 3,526 11,971 12,673
Host Provider Fees [Member]        
Cost of Revenues:        
Total Cost of Revenues 3,852 2,982 11,779 9,306
Warranty And Repairs And Maintenance [Member]        
Cost of Revenues:        
Total Cost of Revenues 784 294 2,915 1,880
Depreciation And Amortization [Member]        
Cost of Revenues:        
Total Cost of Revenues $ 1,321 $ 1,213 $ 3,821 $ 4,573
[1] Includes operating lease expense, insurance expense, office expenses and travel expenses.