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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues        
Total Revenues $ 15,833 $ 13,097 $ 42,309 $ 45,843
Cost of goods sold        
Cost of goods sold 13,024 9,601 33,886 34,123
Gross profit 2,809 3,496 8,423 11,720
Operating expenses        
General and administrative 837 727 2,414 1,941
Salary and employee benefits 2,581 2,700 7,666 7,763
Depreciation and amortization 594 536 1,696 1,620
Professional fees 1,818 268 3,018 1,226
Total operating expenses 5,830 4,231 14,794 12,550
Loss from operations (3,021) (735) (6,371) (830)
Other income (expenses):        
Interest expense (744) (618) (1,957) (1,769)
Other (expenses) (16) (90) (318) (9)
Total other expenses (760) (708) (2,275) (1,778)
Net Loss Before Income Taxes (3,781) (1,443) (8,646) (2,608)
Provision for Income Taxes        
Current
Total Provision for Income Taxes
Net Loss attributable to OMNIQ Corp. (3,781) (1,443) (8,646) (2,608)
Foreign currency translation adjustment (16) 12 (30) 12
Comprehensive loss (3,797) (1,431) (8,676) (2,596)
Reconciliation of net loss to net loss attributable to common shareholders        
Net loss (3,781) (1,443) (8,646) (2,608)
Less: Preferred stock - Series C dividend (32) (48) (158) (141)
Net loss attributable to the common stockholders $ (3,813) $ (1,491) $ (8,804) $ (2,749)
Net (loss) per share - basic $ (0.83) $ (0.38) $ (2.03) $ (0.64)
Weighted average number of common shares outstanding - basic 4,588,944 3,879,159 4,339,634 3,865,647