XML 22 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenue $ 34,223 $ 36,416 $ 39,657
Cost of revenue 23,464 21,188 22,602
Gross profit 10,759 15,228 17,055
Operating expenses:      
Research and development 25,643 21,800 15,187
Selling, general and administrative 45,989 37,729 29,965
Amortization of intangible assets 202 202 202
Total operating expenses 71,834 59,731 45,354
Loss from operations (61,075) (44,503) (28,299)
Non-operating income (expense), net:      
Gain (loss) from revaluation of warrant liability 3,566 7,708 (15,099)
Foreign exchange (loss) gain (396) (1,296) 533
Interest expense (1,705) (599) (332)
Other income, net 71 130 78
Total non-operating income (expense), net 1,536 5,943 (14,820)
Loss before income taxes (59,539) (38,560) (43,119)
(Benefit) provision for income taxes (3,671) 195 218
Net loss $ (55,868) $ (38,755) $ (43,337)
Net loss per share:      
Basic $ (0.58) $ (0.52) $ (0.64)
Diluted $ (0.61) $ (0.61) $ (0.64)
Weighted average shares outstanding used for calculating net loss per share:      
Basic 96,068 74,767 67,569
Diluted 96,905 76,534 67,569