XML 14 R4.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenue:        
Revenue $ 29,629 $ 27,319 $ 59,744 $ 51,874
Cost of revenue 8,787 8,433 17,871 16,420
Gross profit 20,842 18,886 41,873 35,454
Operating expenses:        
Research and development 3,672 3,241 7,421 6,613
Sales, general and administrative 27,033 24,687 55,036 45,784
Litigation-related 1,304 1,200 3,947 3,823
Amortization of acquired intangible assets 172 172 344 354
Transaction-related (181)   4,091  
Restructuring       60
Total operating expenses 32,000 29,300 70,839 56,634
Operating loss (11,158) (10,414) (28,966) (21,180)
Other expense:        
Interest and other expense, net (3,032) (1,921) (5,906) (4,040)
Loss on debt extinguishment (1,555)   (1,555)  
Total other expense, net (4,587) (1,921) (7,461) (4,040)
Loss from continuing operations before taxes (15,745) (12,335) (36,427) (25,220)
Income tax provision 60 71 100 102
Loss from continuing operations (15,805) (12,406) (36,527) (25,322)
Loss from discontinued operations, net of applicable taxes   (30)   (82)
Net loss $ (15,805) $ (12,436) $ (36,527) $ (25,404)
Net loss per share, basic and diluted:        
Continuing operations $ (0.25) $ (0.26) $ (0.58) $ (0.55)
Discontinued operations 0.00 0.00 0.00 0.00
Net loss per share, basic and diluted $ (0.25) $ (0.27) $ (0.58) $ (0.55)
Shares used in calculating basic and diluted net loss per share 63,713 46,880 63,140 45,957
United States Product        
Revenue:        
Revenue $ 28,834 $ 26,093 $ 57,904 $ 49,048
International Supply Agreement        
Revenue:        
Revenue $ 795 $ 1,226 $ 1,840 $ 2,826