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Consolidated Statements of Operations and Comprehensive Income (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenue, net:        
Total revenue, net $ 40,159 $ 30,408 $ 75,223 $ 54,680
Cost of sales:        
Total cost of sales 15,598 10,663 30,485 20,449
Gross profit 24,561 19,745 44,738 34,231
Operating expenses:        
Research and development 8,436 6,194 16,461 11,288
Sales and marketing 8,431 5,576 15,391 9,853
General and administrative 8,585 4,164 16,134 8,147
Total operating expenses 25,452 15,934 47,986 29,288
(Loss) income from operations (891) 3,811 (3,248) (4,943)
Other income (expense):        
Interest expense (647) (433) (1,237) (808)
Interest income 391 9 409 19
Other (expense), net (254) (120) (628) (735)
Total other expense, net (510) (544) (1,456) (1,524)
Profits before provision for income taxes (1,401) 3,267 (4,704) 3,419
(Benefit from) provision for income taxes (699) 597 (1,844) 647
Net (loss) income (702) 2,670 (2,860) 2,772
Less: net loss allocated to noncontrolling interests 104 0 241 0
Less: net income allocated to participating securities 0 (2,670) 0 (2,772)
Net (loss) income attributable to common stockholders, basic and diluted $ (598) $ 0 $ (2,619) $ 0
Net (loss) income attributable to common stockholders per share, basic $ (0.00) $ 0 $ (0.02) $ 0
Net (loss) income attributable to common stockholders per share diluted $ (0.00) $ 0 $ (0.02) $ 0
Weighted-average shares used in calculating net (loss) income per share, basic 134,403,059 31,878,762 134,154,171 31,719,005
Weighted-average shares used in calculating net (loss) income per share, diluted 134,403,059 36,173,036 134,154,171 35,908,554
Comprehensive (loss) income :        
Net (loss) income $ (702) $ 2,670 $ (2,860) $ 2,772
Foreign currency translation adjustment, net of tax (683) 269 (669) 471
Net comprehensive (loss) income (1,385) 2,939 (3,529) 3,243
Product        
Revenue, net:        
Total revenue, net 37,093 28,676 68,574 51,376
Cost of sales:        
Total cost of sales 11,780 7,932 23,547 15,240
Service        
Revenue, net:        
Total revenue, net 3,066 1,732 6,649 3,304
Cost of sales:        
Total cost of sales $ 3,818 $ 2,731 $ 6,938 $ 5,209