XML 16 R4.htm IDEA: XBRL DOCUMENT v3.20.2
STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Revenue $ 12,183,000 $ 18,032,000 $ 33,530,000 $ 34,282,000
Cost of goods sold 1,954,000 3,094,000 5,251,000 5,948,000
Gross profit 10,229,000 14,938,000 28,279,000 28,334,000
Operating expenses:        
Research and development 6,062,000 2,846,000 11,500,000 5,449,000
Selling, general and administrative 26,981,000 20,268,000 56,033,000 39,838,000
Total operating expenses 33,043,000 23,114,000 67,533,000 45,287,000
Operating loss (22,814,000) (8,176,000) (39,254,000) (16,953,000)
Other (income) expense:        
Interest income (248,000) (1,036,000) (890,000) (2,122,000)
Interest expense 526,000 523,000 1,051,000 1,060,000
Other (income) expense, net (3,000) (13,000) (81,000) 25,000
Total other (income) expense 275,000 (526,000) 80,000 (1,037,000)
Loss before income taxes (23,089,000) (7,650,000) (39,334,000) (15,916,000)
Income taxes 0 0 0 0
Net loss (23,089,000) (7,650,000) (39,334,000) (15,916,000)
Other comprehensive loss:        
Unrealized (loss) gain on investments (141,000) 35,000 52,000 103,000
Total comprehensive loss $ (23,230,000) $ (7,615,000) $ (39,282,000) $ (15,813,000)
Net loss per share, basic and diluted (in dollars per share) $ (0.88) $ (0.32) $ (1.56) $ (0.67)
Weighted average common shares used to compute net loss per share, basic and diluted (in shares) 26,289,272 23,753,647 25,227,574 23,598,466