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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Sales $ 84,244 $ 84,967
Cost of sales 40,937 45,251
Gross profit 43,307 39,716
Operating expenses    
Selling, general and administrative 39,593 41,376
Research and development 9,024 12,718
Restructuring costs 0 4,238
Total operating expenses 48,617 58,332
Loss from operations (5,310) (18,616)
Other (income) expense    
Interest expense 831 835
Other (expense) income, net 25 (220)
Loss before income tax (6,166) (19,231)
Income tax expense 1,101 1,933
Net loss $ (7,267) $ (21,164)
Net loss per share - Basic (in dollars per share) $ (0.38) $ (1.12)
Net loss per share - Diluted (in dollars per share) $ (0.38) $ (1.12)
Weighted average shares - Basic (in shares) 19,046,855 18,816,110
Weighted average shares - Diluted (in shares) 19,046,855 18,816,110
Product    
Sales $ 63,536 $ 65,240
Cost of sales 30,452 33,957
Service    
Sales 20,708 19,727
Cost of sales $ 10,485 $ 11,294