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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenue, net $ 190,872 $ 267,465 $ 382,329
Cost of goods sold 144,671 179,692 216,049
Gross profit 46,201 87,773 166,280
Operating expenses      
Research and development 43,399 49,903 35,365
Sales and marketing 10,060 9,141 8,702
General and administrative 41,489 39,497 35,262
Total operating expenses 94,948 98,541 79,329
Income (loss) from operations (48,747) (10,768) 86,951
Other income (expense)      
Interest income 925 282 221
Interest expense (5,405) (1,106) (858)
Other income, net 1,840 1,814 (1,788)
Total other income (expense), net (2,640) 990 (2,425)
Income (loss) before income taxes (51,387) (9,778) 84,526
Income tax benefit (expense) (14,662) 7,632 (10,575)
Net income (loss) $ (66,049) $ (2,146) $ 73,951
Net income (loss) per share      
Basic (in dollars per share) $ (3.31) $ (0.11) $ 3.87
Diluted (in dollars per share) $ (3.31) $ (0.11) $ 3.67
Weighted average shares used to compute net income (loss) per share:      
Basic (in shares) 19,982,363 19,646,646 19,097,355
Diluted (in shares) 19,982,363 19,646,646 20,139,105