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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Net revenue:        
Total net revenue $ 32,500 $ 46,478 $ 105,670 $ 162,829
Cost of revenue:        
Total cost of revenue 30,687 40,021 83,794 108,657
Gross profit 1,813 6,457 21,876 54,172
Operating expenses:        
Sales and marketing 18,928 25,808 63,269 88,591
Research and development 4,353 4,592 13,817 16,844
General and administrative 14,749 17,004 31,951 47,448
Gain on early termination of distribution agreement 0 0 (9,708) 0
Total operating expenses 38,030 47,404 99,329 152,883
Loss from operations (36,217) (40,947) (77,453) (98,711)
Interest and other expense, net:        
Amortization of debt issuance costs (580) (561) (1,726) (1,670)
Interest expense on convertible notes (3,071) (2,939) (8,969) (8,836)
Interest income 768 2,288 3,248 6,946
Other income (expense), net 575 (1,948) (1,128) (2,564)
Total interest and other expense, net (2,308) (3,160) (8,575) (6,124)
Loss before income taxes (38,525) (44,107) (86,028) (104,835)
Income tax expense 493 167 449 765
Net loss $ (39,018) $ (44,274) $ (86,477) $ (105,600)
Net loss per share:        
Basic (in dollars per share) $ (1.94) $ (2.22) $ (4.31) $ (5.32)
Diluted (in dollars per share) $ (1.94) $ (2.22) $ (4.31) $ (5.32)
Weighted-average number of shares used in per share calculation:        
Basic (in shares) 20,154 19,932 20,079 19,858
Diluted (in shares) 20,154 19,932 20,079 19,858
Products        
Net revenue:        
Total net revenue $ 27,242 $ 40,989 $ 88,714 $ 146,285
Cost of revenue:        
Total cost of revenue 27,991 36,586 75,045 98,696
Service        
Net revenue:        
Total net revenue 5,258 5,489 16,956 16,544
Cost of revenue:        
Total cost of revenue $ 2,696 $ 3,435 $ 8,749 $ 9,961