XML 14 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Net revenue:        
Revenue $ 42,553,000 $ 36,389,000 $ 76,678,000 $ 65,688,000
Cost of revenue:        
Cost of revenue 20,176,000 15,343,000 36,967,000 29,121,000
Gross profit 22,377,000 21,046,000 39,711,000 36,567,000
Operating expenses:        
Sales and marketing 15,535,000 12,787,000 28,623,000 23,560,000
Research and development 4,095,000 2,981,000 7,651,000 5,926,000
General and administrative 4,902,000 3,548,000 10,341,000 6,764,000
Total operating expenses 24,532,000 19,316,000 46,615,000 36,250,000
Income (loss) from operations (2,155,000) 1,730,000 (6,904,000) 317,000
Interest and other income (expense), net (129,000) [1] 276,000 (31,000) [1] 549,000
Income (loss) before income taxes (2,284,000) 2,006,000 (6,935,000) 866,000
Provision (benefit) for income taxes (712,000) 59,000 (3,331,000) (59,000)
Net income (loss) $ (1,572,000) $ 1,947,000 $ (3,604,000) $ 925,000
Net income (loss) per share:        
Basic (in dollars per share) $ (0.11) $ 0.14 $ (0.26) $ 0.07
Diluted (in dollars per share) $ (0.11) $ 0.13 $ (0.26) $ 0.06
Weighted-average number of shares used in per share calculations:        
Basic (in shares) 13,709 13,935 13,649 13,888
Diluted (in shares) 13,709 14,629 13,649 14,633
Product [Member]        
Net revenue:        
Revenue $ 37,650,000 $ 31,727,000 $ 66,914,000 $ 56,202,000
Cost of revenue:        
Cost of revenue 17,045,000 13,840,000 30,967,000 24,984,000
Operating expenses:        
Sales and marketing 15,535,000   28,623,000  
Service [Member]        
Net revenue:        
Revenue 4,903,000 4,662,000 9,764,000 9,486,000
Cost of revenue:        
Cost of revenue $ 3,131,000 $ 1,503,000 $ 6,000,000 $ 4,137,000
[1] Included in interest and other income, net is the estimated interest expense for advance payment related to contract services under the new revenue standard going forward. Adoption of the standard had no impact to total net cash from or used in operating, investing, or financing activities within the Condensed Consolidated Statements of Cash Flows.