Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 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 nine months ended September 30, 2022 and 2021 (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Systems	$	2,413	$	3,541	$	4,649	$	8,829
Disposables, service and accessories		5,244		5,319		16,197		17,211
Sublease		-		246		-		740
Total revenue	$	7,657	$	9,106	$	20,846	$	26,780

Summary of Contract Assets and Liabilities

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

	September 30, 2022			December 31, 2021
Contract Assets - unbilled receivables	$	351		$	178
Customer deposits	$	1,813		$	925
Product shipped, revenue deferred		1,644			1,794
Deferred service and license fees		6,002			5,796
Total deferred revenue	$	9,459		$	8,515
Less: Long-term deferred revenue		(1,416	)		(2,238	)
Total current deferred revenue	$	8,043		$	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):

	Three Months Ended September 30,						Nine Months Ended September 30,
	2022			2021			2022			2021
Net loss	$	(4,917	)	$	(4,619	)	$	(14,138	)	$	(7,361	)
Cumulative dividend on convertible preferred stock		(339	)		(338	)		(1,005	)		(1,007	)
Net loss attributable to common stockholders	$	(5,256	)	$	(4,957	)	$	(15,143	)	$	(8,368	)
Weighted average number of common shares and equivalents:		76,100,007			75,700,389			75,977,920			75,476,381
Basic EPS	$	(0.07	)	$	(0.07	)	$	(0.20	)	$	(0.11	)
Diluted EPS	$	(0.07	)	$	(0.07	)	$	(0.20	)	$	(0.11	)