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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Net revenues $ 41,775 $ 24,743 $ 78,731 $ 58,251
Cost of services and products 22,192 26,260 49,236 52,915
Gross profit (loss) 19,583 (1,517) 29,495 5,336
Operating expenses:        
Research, development and engineering 5,186 4,259 10,543 8,514
Marketing and sales 6,060 6,007 11,853 11,105
General, administrative and other operating expenses 10,890 10,736 25,589 20,876
Total operating expenses 22,136 21,002 47,985 40,495
Loss from operations (2,553) (22,519) (18,490) (35,159)
Interest expense, net (3,111) (2,911) (6,223) (6,747)
Other income (expense), net 96 84 (696) (707)
Loss before income taxes (5,568) (25,346) (25,409) (42,613)
Income tax expense 2,719 154 4,126 1,226
Net loss (8,287) (25,500) (29,535) (43,839)
Less: Net income attributable to noncontrolling interest (335) (366) (447) (453)
Net loss attributable to ION $ (8,622) $ (25,866) $ (29,982) $ (44,292)
Net loss per share:        
Basic (usd per share) $ (0.61) $ (1.86) $ (2.13) $ (3.31)
Diluted (usd per share) $ (0.61) $ (1.86) $ (2.13) $ (3.31)
Weighted average number of common shares outstanding:        
Basic (in shares) 14,098 13,928 14,065 13,374
Diluted (in shares) 14,098 13,928 14,065 13,374
Service        
Net revenues $ 30,407 $ 15,752 $ 58,535 $ 40,838
Cost of services and products 16,795 22,033 39,241 44,362
Product        
Net revenues 11,368 8,991 20,196 17,413
Cost of services and products $ 5,397 $ 4,227 $ 9,995 $ 8,553