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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenue:        
Product revenue $ 3,756,579 $ 3,940,479 $ 21,377,450 $ 13,156,024
Support and services revenue 5,926,647 7,234,961 17,798,241 21,323,582
Total revenue 9,683,226 11,175,440 39,175,691 34,479,606
Cost of revenue:        
Product 510,861 834,628 1,619,142 2,107,974
Support and service 1,915,090 1,757,716 5,875,837 5,866,408
Total cost of revenue 2,425,951 2,592,344 7,494,979 7,974,382
Gross profit 7,257,275 8,583,096 31,680,712 26,505,224
Operating expenses:        
Research and development costs 3,454,128 2,995,150 9,727,727 9,487,169
Selling and marketing 4,128,814 5,776,558 13,805,689 18,016,971
General and administrative 2,132,665 2,140,460 7,209,499 6,896,250
Investigation, litigation, and settlement related (benefits) costs 0 (22,502) 8,842 (5,186,711)
Restructuring costs 15,024 259,078 172,995 1,045,564
Total operating expenses 9,730,631 11,148,744 30,924,752 30,259,243
Operating (loss) income (2,473,356) (2,565,648) 755,960 (3,754,019)
Interest and other income (loss), net 25,697 (504,124) (339,968) (484,998)
(Loss) income before income taxes (2,447,659) (3,069,772) 415,992 (4,239,017)
Provision for income taxes 134,280 162,627 403,736 464,233
Net (loss) income (2,581,939) (3,232,399) 12,256 (4,703,250)
Less: Accrual of Series A redeemable convertible preferred stock dividends 190,786 186,904 568,476 560,712
Less: Accretion to redemption value of Series A redeemable convertible preferred stock 149,969 125,915 430,943 361,822
Net loss attributable to common stockholders $ (2,922,694) $ (3,545,218) $ (987,163) $ (5,625,784)
Basic net loss per share attributable to common stockholders (in dollars per share) $ (0.07) $ (0.08) $ (0.02) $ (0.12)
Diluted net loss per share attributable to common stockholders (in dollars per share) $ (0.07) $ (0.08) $ (0.02) $ (0.12)
Weighted average basic shares outstanding (in shares) 41,113,431 45,158,184 41,004,976 47,025,887
Weighted average diluted shares outstanding (in shares) 41,113,431 45,158,184 41,004,976 47,025,887