XML 68 R2.htm IDEA: XBRL DOCUMENT v3.19.3
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Revenue $ 2,024,000 $ 5,422,000 $ 7,844,000 $ 16,578,000
Cost of revenue 3,446,000 4,249,000 9,849,000 10,536,000
Gross (loss) profit (1,422,000) 1,173,000 (2,005,000) 6,042,000
Operating Expenses (Income)        
Research and development 5,884,000 4,838,000 17,834,000 15,384,000
Sales and marketing 6,883,000 5,819,000 22,425,000 17,835,000
General and administrative 5,908,000 3,686,000 14,959,000 9,989,000
Amortization of intangible assets 2,558,000 2,674,000 7,754,000 8,244,000
Change in fair value of contingent consideration (11,647,000) (1,358,000) (9,689,000) 81,000
Acquisition related costs (40,000) 345,000 5,000 345,000
Goodwill impairment 78,969,000 0 78,969,000 0
Intangible assets impairment 7,912,000 0 7,912,000 0
Loss (gain) from sale of SurgiBot assets, net 0 44,000 97,000 (11,915,000)
Reversal of transfer fee accrual 0 (2,994,000) 0 (2,994,000)
Total Operating Expenses 96,427,000 13,054,000 140,266,000 36,969,000
Operating Loss (97,849,000) (11,881,000) (142,271,000) (30,927,000)
Other Income (Expense)        
Change in fair value of warrant liabilities 614,000 (8,760,000) 3,036,000 (24,438,000)
Interest income 63,000 391,000 559,000 982,000
Interest expense (1,230,000) (685,000) (3,407,000) (3,398,000)
Other expense (439,000) (52,000) (935,000) (109,000)
Total Other Income (Expense), net (992,000) (9,106,000) (747,000) (26,963,000)
Loss before income taxes (98,841,000) (20,987,000) (143,018,000) (57,890,000)
Income tax benefit 1,070,000 781,000 2,549,000 2,554,000
Net loss (97,771,000) (20,206,000) (140,469,000) (55,336,000)
Comprehensive loss        
Foreign currency translation loss (3,670,000) (561,000) (4,379,000) (2,651,000)
Comprehensive loss $ (101,441,000) $ (20,767,000) $ (144,848,000) $ (57,987,000)
Net loss per common share:        
Basic (in dollars per share) $ (0.43) $ (0.10) $ (0.64) $ (0.27)
Diluted (in dollars per share) $ (0.43) $ (0.10) $ (0.64) $ (0.27)
Weighted average number of shares used in computing net loss per common share:        
Basic (in shares) 229,178 209,088 221,193 204,531
Diluted (in shares) 230,634 209,088 223,705 204,531