XML 33 R20.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2024
Accounting Policies [Abstract]  
Schedule of Revenue Disaggregated by Type

The following table summarizes the Company’s revenue for systems, disposables, and service and accessories for the six months ended June 30, 2024, and 2023 (in thousands):

 

   2024   2023   2024   2023 
   Three Months Ended June 30,   Six Months Ended June 30, 
   2024   2023   2024   2023 
Systems  $240   $3,313   $2,852   $5,134 
Disposables, service and accessories   4,262    4,546    8,530    9,273 
Total revenue  $4,502   $7,859   $11,382   $14,407 
Summary of Contract Assets and Liabilities

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

 

   June 30, 2024   December 31, 2023 
Contract Assets - unbilled receivables  $116   $72 
           
Customer deposits  $1,845   $2,105 
Product shipped, revenue deferred   1,371    1,413 
Deferred service and license fees   3,855    4,776 
Total deferred revenue  $7,071   $8,294 
Less: Long-term deferred revenue   (2,121)   (1,637)
Total current deferred revenue  $4,950   $6,657 
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):

 

   2024   2023   2024   2023 
   Three Months Ended June 30,   Six Months Ended June 30, 
   2024   2023   2024   2023 
Net loss  $(5,833)  $(4,957)  $(10,340)  $(10,304)
Cumulative dividend on convertible preferred stock   (325)   (335)   (656)   (666)
Net loss attributable to common stockholders  $(6,158)  $(5,292)  $(10,996)  $(10,970)
                     
Weighted average number of common shares and equivalents:   84,570,738    81,049,211    84,025,335    78,787,652 
Basic EPS  $(0.07)  $(0.07)  $(0.13)  $(0.14)
Diluted EPS  $(0.07)  $(0.07)  $(0.13)  $(0.14)