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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenue:        
Product revenue $ 24,621 $ 20,731 $ 71,391 $ 58,732
Service revenue 8,647 3,443 19,222 8,017
Total revenue 33,268 24,174 90,613 66,749
Cost of revenue, exclusive of depreciation and amortization shown below:        
Product cost 18,979 15,951 54,847 44,103
Service cost 4,486 1,232 9,241 3,135
Total cost of revenue 23,465 17,183 64,088 47,238
Gross profit 9,803 6,991 26,525 19,511
Operating expenses:        
Research and development 1,527 1,028 4,037 2,878
Sales and marketing 1,325 881 3,869 2,511
General and administrative 4,098 2,053 16,097 5,762
Change in fair value of acquisition-related contingent consideration expense 923 47 960 146
Depreciation and amortization 2,166 1,276 5,730 3,415
Total operating expenses 10,039 5,285 30,693 14,712
Income (loss) from operations (236) 1,706 (4,168) 4,799
Other (income) expense:        
Change in fair value of warrant liability   (626)   (639)
Interest expense 174 1,242 327 4,250
Loss on extinguishment of debt   1,396   1,396
Total other expense 174 2,012 327 5,007
Income (loss) before income taxes (410) (306) (4,495) (208)
Income tax (benefit) expense (8,105) (164) (7,845) 11
Net income (loss) 7,695 (142) 3,350 (219)
Net income (loss) attributable to common stockholders:        
Basic 7,695 1,228 3,350 1,080
Diluted $ 7,695 $ (803) $ 3,350 $ (894)
Net income (loss) per share attributable to common stockholders:        
Basic (in dollars per share) $ 0.46 $ 0.25 $ 0.20 $ 0.22
Diluted (in dollars per share) $ 0.41 $ (0.08) $ 0.18 $ (0.09)
Weighted average common shares outstanding        
Basic (in shares) 16,699,102 4,918,885 16,483,169 4,817,285
Diluted (in shares) 18,646,031 10,333,723 18,411,800 10,232,050