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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenue:        
Total revenue [1],[2] $ 58,003 $ 70,836 $ 103,300 $ 135,235
Cost of revenue:        
Total cost of revenue 34,187 44,201 61,329 81,921
Gross profit 23,816 26,635 41,971 53,314
Operating expenses:        
Research and development 19,986 22,813 40,826 45,486
Selling, general and administrative 20,985 21,970 45,442 44,299
Total operating expenses 40,971 44,783 86,268 89,785
Loss from operations (17,155) (18,148) (44,297) (36,471)
Other income (expense):        
Interest income 853 274 1,819 308
Interest expense (5,976) (3,820) (11,184) (7,508)
Loss on extinguishment of debt [3] (28,955)   (28,822)  
Gain on foreign currency, net 680 816 388 543
Other income, net 577 161 610 179
Total other expense, net (32,821) (2,569) (37,189) (6,478)
Loss before provision for (benefit from) income taxes (49,976) (20,717) (81,486) (42,949)
Provision for (benefit from) income taxes 1,160 (4,020) 1,308 6,332
Net loss (51,136) (16,697) (82,794) (49,281)
Other comprehensive loss - foreign currency translation adjustment, net of tax (940) (2,065) (632) (1,946)
Comprehensive loss $ (52,076) $ (18,762) $ (83,426) $ (51,227)
Net loss per share attributable to common stockholders:        
Basic $ (0.53) $ (0.18) $ (0.86) $ (0.56)
Diluted $ (0.53) $ (0.18) $ (0.86) $ (0.56)
Weighted-average shares used to compute net loss per share attributable to common stockholders:        
Basic 96,816 92,504 96,307 88,565
Diluted 96,816 92,504 96,307 88,565
Product        
Revenue:        
Total revenue $ 45,987 $ 59,141 $ 81,236 $ 111,686
Cost of revenue:        
Total cost of revenue 33,009 42,882 59,024 79,110
Service        
Revenue:        
Total revenue 12,016 11,695 22,064 23,549
Cost of revenue:        
Total cost of revenue $ 1,178 $ 1,319 $ 2,305 $ 2,811
[1] Includes revenue of $4,287 and $7,283 during the three and six months ended June 30, 2023 and $10,550 during the three and six months ended June 30, 2022, during which a related party relationship existed (see Note 16)
[2] Other than the United States, Canada and Australia, no individual countries represented 10% or more of the Company’s total revenue for any of the periods presented.
[3] Loss related to Term Loan B refinancing and issuance of warrants during the three and six months ended June 30, 2023 (see Note 10)