2019 Q3 Form 10-Q Financial Statement
#000149523119000115 Filed on August 13, 2019
Income Statement
Concept | 2019 Q3 | 2019 Q2 | 2018 Q2 |
---|---|---|---|
Revenue | $4.411M | $3.924M | $4.121M |
YoY Change | -23.7% | -4.78% | -40.96% |
Cost Of Revenue | $1.904M | $1.818M | $1.930M |
YoY Change | -20.57% | -5.84% | -28.89% |
Gross Profit | $2.507M | $2.106M | $2.191M |
YoY Change | -25.91% | -3.86% | -38.08% |
Gross Profit Margin | 56.83% | 53.68% | 53.16% |
Selling, General & Admin | $3.270M | $3.595M | $3.706M |
YoY Change | -23.49% | -3.01% | -8.55% |
% of Gross Profit | 130.46% | 170.66% | 169.18% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $433.1K | $448.1K | $210.7K |
YoY Change | 16.84% | 112.68% | -41.19% |
% of Gross Profit | 17.28% | 21.28% | 9.62% |
Operating Expenses | $5.608M | $5.860M | $5.847M |
YoY Change | -20.37% | 0.22% | -17.94% |
Operating Profit | -$1.197M | -$1.936M | -$1.726M |
YoY Change | -5.15% | 12.18% | 22.17% |
Interest Expense | $27.73K | $86.74K | $35.40K |
YoY Change | -69.34% | 145.0% | 166.75% |
% of Operating Profit | |||
Other Income/Expense, Net | $23.55K | -$55.94K | $78.48K |
YoY Change | -133.02% | -171.28% | -333.26% |
Pretax Income | -$1.170M | -$1.990M | -$1.650M |
YoY Change | -12.03% | 20.61% | 13.79% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$1.173M | -$1.992M | -$1.648M |
YoY Change | -11.99% | 20.92% | 13.91% |
Net Earnings / Revenue | -26.59% | -50.78% | -39.98% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$36.09K | -$89.32K | -$282.5K |
COMMON SHARES | |||
Basic Shares Outstanding | 34.51M shares | 27.14M shares | 5.845M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2019 Q3 | 2019 Q2 | 2018 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $6.810M | $9.330M | $1.880M |
YoY Change | 76.42% | 396.28% | -47.19% |
Cash & Equivalents | $6.809M | $9.325M | $1.878M |
Short-Term Investments | |||
Other Short-Term Assets | $56.19K | $130.6K | $40.46K |
YoY Change | -33.39% | 222.85% | 40.89% |
Inventory | |||
Prepaid Expenses | $623.0K | $593.8K | $626.2K |
Receivables | $4.498M | $4.185M | $2.821M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $11.99M | $14.24M | $5.366M |
YoY Change | 5.75% | 165.27% | -32.58% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $232.4K | $176.5K | $316.0K |
YoY Change | -24.87% | -44.15% | -12.1% |
Goodwill | $8.317M | $8.317M | $3.605M |
YoY Change | 0.0% | 130.72% | 0.0% |
Intangibles | $2.207M | $2.504M | $451.9K |
YoY Change | -36.46% | 454.17% | -61.14% |
Long-Term Investments | |||
YoY Change | |||
Other Assets | $140.0K | $140.0K | $150.0K |
YoY Change | -6.67% | -6.67% | -6.25% |
Total Long-Term Assets | $12.74M | $13.13M | $5.599M |
YoY Change | -5.5% | 134.43% | -12.04% |
TOTAL ASSETS | |||
Total Short-Term Assets | $11.99M | $14.24M | $5.366M |
Total Long-Term Assets | $12.74M | $13.13M | $5.599M |
Total Assets | $24.73M | $27.36M | $10.97M |
YoY Change | -0.37% | 149.52% | -23.45% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.691M | $1.739M | $1.528M |
YoY Change | -40.27% | 13.82% | 3.56% |
Accrued Expenses | $1.439M | $1.470M | $1.112M |
YoY Change | -32.98% | 32.21% | -28.64% |
Deferred Revenue | $5.440M | $5.834M | $4.435M |
YoY Change | -3.39% | 31.56% | |
Short-Term Debt | $0.00 | $280.0K | $850.0K |
YoY Change | -100.0% | -67.06% | |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $8.782M | $13.43M | $8.347M |
YoY Change | -48.06% | 60.87% | 15.86% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $0.00 | $0.00 | $350.0K |
YoY Change | -100.0% | -100.0% | -62.77% |
Total Long-Term Liabilities | $0.00 | $0.00 | $350.0K |
YoY Change | -100.0% | -100.0% | -62.77% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $8.782M | $13.43M | $8.347M |
Total Long-Term Liabilities | $0.00 | $0.00 | $350.0K |
Total Liabilities | $8.780M | $13.43M | $8.698M |
YoY Change | -48.2% | 54.4% | 6.82% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$58.09M | -$56.92M | -$51.07M |
YoY Change | 10.86% | 11.45% | 11.08% |
Common Stock | $3.451K | $2.709K | $586.00 |
YoY Change | 185.92% | 362.29% | 2.99% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $15.95M | $13.93M | $2.267M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $24.73M | $27.36M | $10.97M |
YoY Change | -0.37% | 149.52% | -23.45% |
Cashflow Statement
Concept | 2019 Q3 | 2019 Q2 | 2018 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$1.173M | -$1.992M | -$1.648M |
YoY Change | -11.99% | 20.92% | 13.91% |
Depreciation, Depletion And Amortization | $433.1K | $448.1K | $210.7K |
YoY Change | 16.84% | 112.68% | -41.19% |
Cash From Operating Activities | -$2.120M | -$1.050M | -$860.0K |
YoY Change | -2.75% | 22.09% | 8.86% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$160.0K | -$120.0K | -$140.0K |
YoY Change | -33.33% | -14.29% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $40.00K | $0.00 | $0.00 |
YoY Change | 300.0% | -100.0% | |
Cash From Investing Activities | -$120.0K | -$110.0K | -$140.0K |
YoY Change | -50.0% | -21.43% | 600.0% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -280.0K | 8.170M | 120.0K |
YoY Change | -106.36% | 6708.33% | 1100.0% |
NET CHANGE | |||
Cash From Operating Activities | -2.120M | -1.050M | -860.0K |
Cash From Investing Activities | -120.0K | -110.0K | -140.0K |
Cash From Financing Activities | -280.0K | 8.170M | 120.0K |
Net Change In Cash | -2.520M | 7.010M | -880.0K |
YoY Change | -227.27% | -896.59% | 10.0% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$2.120M | -$1.050M | -$860.0K |
Capital Expenditures | -$160.0K | -$120.0K | -$140.0K |
Free Cash Flow | -$1.960M | -$930.0K | -$720.0K |
YoY Change | 1.03% | 29.17% | -8.86% |
Facts In Submission
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Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
4957869 | USD |
CY2019Q2 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
5834277 | USD |
CY2018Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
1930298 | USD |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
4093440 | USD | |
CY2019Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
1817659 | USD |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
3916950 | USD | |
CY2018Q4 | us-gaap |
Deferred Rent Credit Current
DeferredRentCreditCurrent
|
17420 | USD |
CY2019Q2 | us-gaap |
Deferred Rent Credit Current
DeferredRentCreditCurrent
|
0 | USD |
CY2018Q2 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
74590 | USD |
us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
124914 | USD | |
CY2019Q2 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
50528 | USD |
us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
102220 | USD | |
us-gaap |
Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
|
0.08 | ||
us-gaap |
Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
|
0.50 | ||
us-gaap |
Defined Contribution Plan Employers Matching Contribution Annual Vesting Percentage
DefinedContributionPlanEmployersMatchingContributionAnnualVestingPercentage
|
0.20 | ||
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
112866 | USD | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
74423 | USD | |
CY2018Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
210691 | USD |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
476146 | USD | |
CY2019Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
448105 | USD |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
884329 | USD | |
CY2018Q2 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
113801 | USD |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-11794 | USD | |
CY2019Q2 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
0 | USD |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
0 | USD | |
CY2018Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.28 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.63 | ||
CY2019Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.09 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.22 | ||
us-gaap |
Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
|
-11794 | USD | |
us-gaap |
Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
|
0 | USD | |
CY2018Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
3371520 | USD |
CY2019Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
4017334 | USD |
CY2019Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
582619 | USD |
CY2019Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
70000 | USD |
CY2019Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
120000 | USD |
CY2019Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
652389 | USD |
CY2019Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
1079127 | USD |
CY2018Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
6521469 | USD |
CY2019Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
6521469 | USD |
CY2019Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
2504135 | USD |
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
1400 | USD | |
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
515 | USD | |
CY2018Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1970610 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3585832 | USD | |
CY2019Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2232305 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
4844359 | USD | |
CY2018Q4 | us-gaap |
Goodwill
Goodwill
|
8316722 | USD |
CY2019Q2 | us-gaap |
Goodwill
Goodwill
|
8316722 | USD |
us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
0 | USD | |
CY2018Q2 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD |
us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD | |
CY2019Q2 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD |
us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-229302 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-879507 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-825624 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-2916339 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-607402 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-367733 | USD | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-22239 | USD | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-17420 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-64717 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
279353 | USD | |
us-gaap |
Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
|
535 | USD | |
us-gaap |
Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
|
2893 | USD | |
CY2018Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
3149949 | USD |
CY2019Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
2504135 | USD |
CY2018Q2 | us-gaap |
Interest Expense
InterestExpense
|
35403 | USD |
us-gaap |
Interest Expense
InterestExpense
|
56714 | USD | |
CY2019Q2 | us-gaap |
Interest Expense
InterestExpense
|
86737 | USD |
us-gaap |
Interest Expense
InterestExpense
|
215201 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
52756 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
223757 | USD | |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
62490 | USD | |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
74995 | USD | |
CY2019Q2 | us-gaap |
Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
|
0.095 | |
us-gaap |
Lessee Operating Sublease Option To Extend
LesseeOperatingSubleaseOptionToExtend
|
one additional year until April 30, 2020 | ||
CY2018Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
22918077 | USD |
CY2019Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
27360889 | USD |
CY2018Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
15699762 | USD |
CY2019Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
13427309 | USD |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
7982196 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-398529 | USD | |
CY2018Q4 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
1526288 | USD |
CY2019Q2 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
279945 | USD |
CY2019Q1 | us-gaap |
Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
|
300000 | USD |
us-gaap |
Loss Contingency Undiscounted Amount Of Insurance Related Assessment Liability
LossContingencyUndiscountedAmountOfInsuranceRelatedAssessmentLiability
|
500000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
353150 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-464261 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1983259 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-161146 | USD | |
CY2018Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1647755 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-3692875 | USD | |
CY2019Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1992386 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-3822966 | USD | |
us-gaap |
New Accounting Pronouncement Or Change In Accounting Principle Effect Of Change On Net Income
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnNetIncome
|
-98822 | USD | |
CY2018Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
78480 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-63736 | USD | |
CY2019Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-55939 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-175039 | USD | |
us-gaap |
Number Of Reporting Units
NumberOfReportingUnits
|
2 | operating_units | |
CY2018Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
5847195 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
11646540 | USD | |
CY2019Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
5860311 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
12365547 | USD | |
CY2018Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1726235 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-3629139 | USD | |
CY2019Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1936447 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-3647927 | USD | |
CY2018Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
0 | USD |
CY2019Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
246725 | USD |
CY2018Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
0 | USD |
CY2019Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
272153 | USD |
CY2019Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
400977 | USD |
CY2019Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P10M | |
CY2019Q2 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
256059 | USD |
CY2019Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
85785 | USD |
CY2019Q2 | us-gaap |
Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
|
170274 | USD |
CY2018Q2 | us-gaap |
Other Asset Impairment Charges
OtherAssetImpairmentCharges
|
0 | USD |
us-gaap |
Other Asset Impairment Charges
OtherAssetImpairmentCharges
|
0 | USD | |
CY2019Q2 | us-gaap |
Other Asset Impairment Charges
OtherAssetImpairmentCharges
|
0 | USD |
CY2018Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
39203 | USD |
CY2019Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
130614 | USD |
CY2018Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
82 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
4772 | USD | |
CY2019Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
30798 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
40162 | USD | |
us-gaap |
Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
|
700 | USD | |
us-gaap |
Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
|
6647 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
141410 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
15535 | USD | |
us-gaap |
Payments To Develop Software
PaymentsToDevelopSoftware
|
257654 | USD | |
us-gaap |
Payments To Develop Software
PaymentsToDevelopSoftware
|
451619 | USD | |
CY2018Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2019Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2018Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2019Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2018Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2019Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2018Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2019Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2018Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2019Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2018Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
527968 | USD |
CY2019Q2 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
593778 | USD |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
9035 | USD | |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
3096 | USD | |
us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
344815 | USD | |
us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
-1246343 | USD | |
CY2018Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1270801 | USD |
CY2019Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1202835 | USD |
CY2018Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
272239 | USD |
CY2019Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
176468 | USD |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | USD | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-29940 | USD | |
CY2018Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-53094649 | USD |
CY2019Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-56917615 | USD |
CY2018Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
4120960 | USD |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
8017401 | USD | |
CY2019Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
3923864 | USD |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
8717620 | USD | |
CY2018Q2 | us-gaap |
Revenues
Revenues
|
4120960 | USD |
us-gaap |
Revenues
Revenues
|
8017401 | USD | |
CY2019Q2 | us-gaap |
Revenues
Revenues
|
3923864 | USD |
us-gaap |
Revenues
Revenues
|
8717620 | USD | |
CY2018Q4 | us-gaap |
Security Deposit
SecurityDeposit
|
143174 | USD |
CY2019Q2 | us-gaap |
Security Deposit
SecurityDeposit
|
140281 | USD |
CY2018Q2 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
1735596 | USD |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
3491122 | USD | |
CY2019Q2 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
1362242 | USD |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
2719909 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
349632 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
318205 | USD | |
CY2019Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
0 | USD |
us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
180000 | USD | |
us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
9035 | USD | |
us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
1076022 | USD | |
CY2018Q2 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
9035 | USD |
CY2019Q2 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
3096 | USD |
us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
3096 | USD | |
us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
125000 | USD | |
CY2019Q2 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
37495 | USD |
us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
74995 | USD | |
CY2018Q2 | us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
129000 | USD |
us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
242000 | USD | |
CY2019Q2 | us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
90002 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
5293585 | USD |
CY2018Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3695839 | USD |
CY2018Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2267314 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7218315 | USD |
CY2019Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6610763 | USD |
CY2019Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
13933580 | USD |
CY2018Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
5837476 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
5819883 | shares | |
CY2019Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
22277677 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
17466784 | shares | |
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Concentrations of credit risk with respect to accounts receivable were typically limited because a large number of geographically diverse customers make up the Company’s customer base, thus spreading the trade credit risk. However, with the Company’s acquisition of TapInfluence, it has increased credit exposure on certain customers who carry significant credit balances related to their marketplace spend. The Company controls credit risk through credit approvals, credit limits and monitoring procedures. The Company performs credit evaluations of its customers, but generally does not require collateral to support accounts receivable. </font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company had </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> customer that accounted for </font><font style="font-family:inherit;font-size:10pt;">26%</font><font style="font-family:inherit;font-size:10pt;"> of total accounts receivable at </font><font style="font-family:inherit;font-size:10pt;">June 30, 2019</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">two</font><font style="font-family:inherit;font-size:10pt;"> customers that together accounted for </font><font style="font-family:inherit;font-size:10pt;">36%</font><font style="font-family:inherit;font-size:10pt;"> at </font><font style="font-family:inherit;font-size:10pt;">December 31, 2018</font><font style="font-family:inherit;font-size:10pt;">. </font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company had </font><font style="font-family:inherit;font-size:10pt;">no</font><font style="font-family:inherit;font-size:10pt;"> customer that accounted for more than </font><font style="font-family:inherit;font-size:10pt;">10%</font><font style="font-family:inherit;font-size:10pt;"> of its revenue during the three months ended </font><font style="font-family:inherit;font-size:10pt;">June 30, 2019</font><font style="font-family:inherit;font-size:10pt;"> and had </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> customer that accounted for more than </font><font style="font-family:inherit;font-size:10pt;">10%</font><font style="font-family:inherit;font-size:10pt;"> of its revenue during the three months ended </font><font style="font-family:inherit;font-size:10pt;">June 30, 2018</font><font style="font-family:inherit;font-size:10pt;">. The Company had </font><font style="font-family:inherit;font-size:10pt;">no</font><font style="font-family:inherit;font-size:10pt;"> customer that accounted for more than </font><font style="font-family:inherit;font-size:10pt;">10%</font><font style="font-family:inherit;font-size:10pt;"> of its revenue during the </font><font style="font-family:inherit;font-size:10pt;">six months</font><font style="font-family:inherit;font-size:10pt;"> ended </font><font style="font-family:inherit;font-size:10pt;">June 30, 2019</font><font style="font-family:inherit;font-size:10pt;"> and had </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> customer that accounted for more than </font><font style="font-family:inherit;font-size:10pt;">10%</font><font style="font-family:inherit;font-size:10pt;"> of its revenue during the </font><font style="font-family:inherit;font-size:10pt;">six months</font><font style="font-family:inherit;font-size:10pt;"> ended </font><font style="font-family:inherit;font-size:10pt;">June 30, 2018</font><font style="font-family:inherit;font-size:10pt;">. </font></div></div> | ||
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Derivatives Reporting Of Derivative Activity
DerivativesReportingOfDerivativeActivity
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;text-decoration:underline;">Derivative Financial Instruments</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivative financial instruments are defined as financial instruments or other contracts that contain a notional amount and one or more underlying factors (e.g., interest rate, security price or other variable), require no initial net investment and permit net settlement. Derivative financial instruments may be free-standing or embedded in other financial instruments. Further, derivative financial instruments are initially, and subsequently, measured at fair value and recorded as liabilities or assets. The Company accounts for derivative instruments in accordance with ASC 815, Derivatives and Hedging (“ASC 815”), which requires additional disclosures about the Company’s objectives and strategies for using derivative instruments, how the derivative instruments and related hedged items are accounted for, and how the derivative instruments and related hedging items affect the financial statements. The Company does not use derivative instruments to hedge exposures to cash flow, market or foreign currency risk. Terms of equity instruments are reviewed to determine whether or not they contain embedded derivative instruments that are required under ASC 815 to be accounted for separately from the host contract, and recorded on the balance sheet at fair value. The fair value of derivative liabilities, if any, is required to be revalued at each reporting date, with corresponding changes in fair value recorded in current period operating results. Pursuant to ASC 815, an evaluation of specifically identified conditions is made to determine whether the fair value of warrants issued is required to be classified as equity or as a derivative liability.</font></div></div> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;text-decoration:underline;">Use of Estimates</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"></font></div></div> |