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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2022
Accounting Policies [Abstract]  
Schedule of Revenue Disaggregated by Type

The following table summarizes the Company’s revenue for systems, disposables, service and accessories and sublease for the three months ended March 31, 2022 and 2021 (in thousands):

 

   2022   2021 
   Three Months Ended March 31 
   2022   2021 
Systems  $1,634   $2,602 
Disposables, service and accessories   5,403    5,774 
Sublease   -    247 
Total revenue  $7,037   $8,623 
Summary of Contract Assets and Liabilities

The following table summarizes the Company’s contract assets and liabilities (in thousands):

 

   March 31, 2022   December 31, 2021 
Contract Assets - unbilled receivables  $165   $178 
           
Customer deposits  $573   $925 
Product shipped, revenue deferred   2,041    1,794 
Deferred service and license fees   5,797    5,796 
Total deferred revenue  $8,411   $8,515 
Less: Long-term deferred revenue   (2,076)   (2,238)
Total current deferred revenue  $6,335   $6,277 
Schedule of Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted EPS (in thousands except for share and per share amounts):

 

   2022   2021 
   Three Months Ended March 31, 
   2022   2021 
Net loss  $(4,086)  $(1,532)
Cumulative dividend on Series A Convertible Preferred Stock   (331)   (333)
Net loss attributable to common stockholders  $(4,417)  $(1,865)
           
Weighted average number of common shares and equivalents:   75,877,391    75,175,412 
Basic EPS  $(0.06)  $(0.02)
Diluted EPS  $(0.06)  $(0.02)