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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Net revenue $ 61,082 $ 52,036
Cost of goods sold 13,842 [1] 10,229
Gross profit 47,240 41,807
Operating expenses    
Research and development costs 7,584 7,049
Selling, general, and administrative 54,782 [2] 43,820
Total operating expenses 62,366 50,869
Operating loss (15,126) (9,062)
Other income (expense):    
Other income (expense), net 515 (616)
Interest expense, net (2,622) (1,205)
Total other expense, net (2,107) (1,821)
Loss before income taxes (17,233) (10,883)
Income tax expense (benefit) 166 [3] (71)
Net loss (17,399) [1],[2],[3] (10,812)
Foreign currency translation adjustment (1,097) (99)
Comprehensive loss $ (18,496) $ (10,911)
Weighted average number of shares of common stock outstanding:    
Basic 82,854,334 80,681,715
Diluted 82,854,334 80,681,715
Net loss per share attributable to common stockholders:    
Basic $ (0.21) $ (0.13)
Diluted $ (0.21) $ (0.13)
[1] Inventory Treatment - The correction of the misstatement resulted in an increase to Cost of goods sold of $1,656 for the three-months ended March 31, 2024.
[2] Trade Receivable Reserve - The correction of the misstatement resulted in an increase to Selling, general and administrative of $567 for the three-months ended March 31, 2024.
[3] Income Tax Adjustment - The correction of the misstatement resulted in a decrease to Income tax expense (benefit) of $58 for the three-months ended March 31, 2024.