Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Shareholders' Equity

v3.20.4
Consolidated Statements of Shareholders' Equity - USD ($)
$ in Thousands
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Deficit [Member]
Accumulated Other Comprehensive Loss [Member]
Treasury (Common) Stock [Member]
Total
Balance at Dec. 31, 2018 $ 2 $ 13 $ 65,142 $ (24,204) $ (1,421) $ (662) $ 38,870
Balance, shares at Dec. 31, 2018 2,136,289 12,570,557          
Net income loss (872) (872)
Foreign currency translation adjustment 578 578 [1]
Issuance of stock under the equity incentive plan
Issuance of stock under the equity incentive plan, shares 30,006 407,928          
Issuance of preferred stock, net of fees and expenses 9,586 9,586
Issuance of preferred stock, net of fees and expenses, shares 373,030            
Issuance of preferred stock in connection with the CareCloud and Meridian acquisitions
Issuance of preferred stock in connection with the CareCloud and Meridian acquisitions, shares            
Issuance of warrants in connection with CareCloud and Meridian acquisitions
Exercise of common stock warrants
Exercise of common stock warrants, shares            
Stock-based compensation, net of cash settlements 1,920 1,920
Tax withholding obligations on stock issued to employees (859) (859)
Preferred stock dividends (6,386) (6,386)
Balance at Dec. 31, 2019 $ 2 $ 13 69,403 (25,076) (843) (662) 42,837
Balance, shares at Dec. 31, 2019 2,539,325 12,978,485          
Net income loss (8,813) (8,813)
Foreign currency translation adjustment (161) (161) [1]
Issuance of stock under the equity incentive plan
Issuance of stock under the equity incentive plan, shares 43,954 549,210  
Issuance of preferred stock, net of fees and expenses $ 2 $ 44,541 44,543
Issuance of preferred stock, net of fees and expenses, shares 1,932,000          
Issuance of preferred stock in connection with the CareCloud and Meridian acquisitions $ 1 22,603 22,604
Issuance of preferred stock in connection with the CareCloud and Meridian acquisitions, shares 960,000          
Issuance of warrants in connection with CareCloud and Meridian acquisitions 5,070 5,070
Exercise of common stock warrants $ 1 4,449 4,450
Exercise of common stock warrants, shares 593,349          
Stock-based compensation, net of cash settlements 4,592 4,592
Tax withholding obligations on stock issued to employees
Preferred stock dividends (13,877) (13,877)
Balance at Dec. 31, 2020 $ 5 $ 14 $ 136,781 $ (33,889) $ (1,004) $ (662) $ 101,245
Balance, shares at Dec. 31, 2020 5,475,279 14,121,044          
[1] No tax effect has been recorded as the Company recorded a valuation allowance against the tax benefit from its foreign currency translation adjustments.