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Condensed Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Total revenue $ 14,707 $ 11,848 $ 29,054 $ 22,128
Total cost of sales 6,116 4,652 12,140 8,947
Gross profit 8,591 7,196 16,914 13,181
Operating expenses:        
Research and development 2,699 3,357 5,135 5,796
General and administrative 2,860 2,338 5,589 5,181
Sales and marketing 1,292 1,045 2,426 2,032
Total operating expenses 6,851 6,740 13,150 13,009
Income (loss) from operations 1,740 456 3,764 172
Interest expense (70) (144) (145) (296)
Other expense, net 1 (12) (13) (27)
Net income (loss) before income taxes 1,671 300 3,606 (151)
Income tax expense   (44)   (53)
Net income (loss) and comprehensive income (loss) $ 1,671 $ 256 $ 3,606 $ (204)
Net income (loss) per share attributable to common share, basic $ 0.08 $ 0.01 $ 0.18 $ (0.01)
Net income (loss) per common share, diluted $ 0.08 $ 0.01 $ 0.17 $ (0.01)
Weighted average shares of common stock outstanding, basic 20,069,444 19,313,162 19,983,526 19,203,374
Weighted average shares of common stock outstanding, diluted 20,424,283 19,726,064 20,626,547 19,203,374
Product sales        
Total revenue $ 13,223 $ 10,187 $ 25,894 $ 19,255
Total cost of sales 5,793 4,329 11,545 8,586
Licensing, royalty, patent and other revenue        
Total revenue 1,484 1,661 3,160 2,873
Total cost of sales $ 323 $ 323 $ 595 $ 361