Annual report pursuant to Section 13 and 15(d)

Summary of Significant Policies (Tables)

v3.20.2
Summary of Significant Policies (Tables)
 12 Months Ended
Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Customer Concentrations

For the years ended December 31, 2019 and 2018, the Company had three customers that exceeded 10% of revenues from the infrastructure segment. These customers accounted for 75% and 68% of revenues in each of the years ended December 31, 2019 and 2018, respectively.

 

(in thousands)   Revenues     % of Total Revenue  
    2019     2018     2019     2018  
Customer A   $ 2,620     $ 4,368       35 %     29 %
Customer B   $ 1,963     $ 2,816       26 %     20 %
Customer C   $ 1,081     $ 1,952       14 %     13 %

 

(in thousands)   Accounts Receivable     % of Accounts Receivable  
    2019     2018     2019     2018  
Customer A   $ 325     $ 552       44 %     38 %
Customer B   $ 267     $ —       36 %     — %
Customer C   $ —     $ 216       — %     15 %
Customer D   $ —       153       —       10 % 
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The Company had the following common stock equivalents at December 31, 2019 and 2018.

 

    2019     2018  
Convertible preferred stock, Series A     1,548,666       2,395,830  
Convertible preferred stock, Series A-1     975,508       767,040  
Convertible preferred stock, Series H     —       —  
Convertible notes     8,686,546       21,303,158  
Common stock warrants     —       287,484  
Options     —       19,010  
Total potentially dilutive shares     11,210,720       24,772,522