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Consolidated Statements of Operations and Comprehensive Income (unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue, net:        
Total revenue, net $ 40,477 $ 34,376 $ 115,700 $ 89,056
Cost of sales:        
Total cost of sales 13,615 13,099 44,100 33,548
Gross profit 26,862 21,277 71,600 55,508
Operating expenses:        
Research and development 8,650 6,078 25,111 17,366
Sales and marketing 8,810 6,553 24,201 16,406
General and administrative 8,042 5,749 24,176 13,896
Total operating expenses 25,502 18,380 73,488 47,668
Income (loss) from operations 1,360 2,897 (1,888) 7,840
Other income (expense):        
Interest expense (649) (441) (1,886) (1,249)
Interest income 1,584 12 1,993 31
Other (expense), net (445) (393) (1,073) (1,128)
Total other expense, net 490 (822) (966) (2,346)
Income (loss) before income taxes 1,850 2,075 (2,854) 5,494
(Benefit from) provision for income taxes 224 655 (1,620) 1,302
Net income 1,626 1,420 (1,234) 4,192
Less: net loss allocated to noncontrolling interests 40 0 281 0
Less: net income allocated to participating securities 0 (1,074) 0 (4,192)
Net income (loss) attributable to common stockholders, basic 1,666 346 (953) 0
Net income (loss) attributable to common stockholders, diluted $ 1,666 $ 346 $ (953) $ 0
Net income attributable to common stockholders per share, basic $ 0.01 $ 0 $ (0.01) $ 0
Net income attributable to common stockholders per share diluted $ 0.01 $ 0 $ (0.01) $ 0
Weighted-average shares used in calculating net income per share, basic 134,711,701 108,322,433 134,342,059 57,534,080
Weighted-average shares used in calculating net income per share, diluted 138,709,335 113,637,377 134,342,059 62,095,275
Comprehensive (loss) income :        
Net income $ 1,626 $ 1,420 $ (1,234) $ 4,192
Foreign currency translation adjustment, net of tax (758) 34 (1,427) 505
Net comprehensive income (loss) 868 1,454 (2,661) 4,697
Product        
Revenue, net:        
Total revenue, net 36,389 32,191 104,963 83,567
Cost of sales:        
Total cost of sales 10,606 10,024 34,153 25,264
Service        
Revenue, net:        
Total revenue, net 4,088 2,185 10,737 5,489
Cost of sales:        
Total cost of sales $ 3,009 $ 3,075 $ 9,947 $ 8,284