Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Shareholders' Equity (Unaudited)

v3.21.1
Condensed Consolidated Statements of Shareholders' Equity (Unaudited) - 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, 2019 $ 2 $ 13 $ 69,403 $ (25,075) $ (843) $ (662) $ 42,838
Balance, shares at Dec. 31, 2019 2,539,325 12,978,485          
Net loss (2,502) (2,502)
Foreign currency translation adjustment (590) (590) [1]
Issuance of stock under the equity incentive plan
Issuance of stock under the equity incentive plan, shares 28,870 129,607          
Issuance of preferred stock in connection with an acquisition $ 1 18,999 19,000
Issuance of preferred stock in connection with an acquisition, shares 760,000          
Stock-based compensation, net of cash settlements 794 794
Issuance of warrants in connection with an acquisition 300 300
Preferred stock dividends (2,643) (2,643)
Balance at Mar. 31, 2020 $ 3 $ 13 86,853 (27,577) (1,433) (662) 57,197
Balance, shares at Mar. 31, 2020 3,328,195 13,108,092          
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          
Net loss (1,964) (1,964)
Foreign currency translation adjustment 345 345 [1]
Issuance of stock under the equity incentive plan $ 1 (1)
Issuance of stock under the equity incentive plan, shares 27,682 161,545          
Stock-based compensation, net of cash settlements 623 623
Exercise of common stock warrants $ 1 6,391 6,392
Exercise of common stock warrants, shares 858,000          
Preferred stock dividends (3,128) (3,128)
Balance at Mar. 31, 2021 $ 6 $ 15 $ 140,666 $ (35,853) $ (659) $ (662) $ 103,513
Balance, shares at Mar. 31, 2021 5,502,961 15,140,589          
[1] No tax effect has been recorded as the Company recorded a valuation allowance against the tax benefit from its foreign currency translation adjustments.