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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenue:        
Product revenue $ 2,939,594 $ 3,650,504 $ 5,220,452 $ 17,620,871
Support and services revenue 5,128,357 5,902,085 10,279,830 11,871,594
Total revenue 8,067,951 9,552,589 15,500,282 29,492,465
Cost of revenue:        
Product 319,974 718,057 564,247 1,108,281
Support and service 1,999,125 1,940,729 3,761,345 3,960,747
Total cost of revenue 2,319,099 2,658,786 4,325,592 5,069,028
Gross profit 5,748,852 6,893,803 11,174,690 24,423,437
Operating expenses:        
Research and development costs 3,304,079 3,067,732 6,960,856 6,273,599
Selling and marketing 4,124,350 4,371,513 8,393,150 9,676,875
General and administrative 1,833,479 2,583,893 3,539,404 5,076,834
Investigation, litigation, and settlement related (benefits) costs 0 (8,186) 0 8,842
Restructuring costs 93,405 23,495 177,389 157,971
Total operating expenses 9,355,313 10,038,447 19,070,799 21,194,121
Operating (loss) income (3,606,461) (3,144,644) (7,896,109) 3,229,316
Interest and other income (loss), net 237,251 98,411 355,434 (365,665)
(Loss) income before income taxes (3,369,210) (3,046,233) (7,540,675) 2,863,651
Provision (benefit) for income taxes 165,672 (378,049) 290,819 269,456
Net (loss) income (3,534,882) (2,668,184) (7,831,494) 2,594,195
Less: Accrual of Series A redeemable convertible preferred stock dividends 195,366 186,904 387,974 377,690
Less: Accretion to redemption value of Series A redeemable convertible preferred stock 170,981 143,557 334,650 280,974
Net (loss) income attributable to common stockholders $ (3,901,229) $ (2,998,645) $ (8,554,118) $ 1,935,531
Basic net (loss) income per share attributable to common stockholders (in dollars per share) $ (0.09) $ (0.07) $ (0.20) $ 0.05
Diluted net (loss) income per share attributable to common stockholders (in dollars per share) $ (0.09) $ (0.07) $ (0.20) $ 0.05
Weighted average basic shares outstanding (in shares) 43,159,285 40,964,160 42,521,018 40,949,849
Weighted average diluted shares outstanding (in shares) 43,159,285 40,964,160 42,521,018 42,492,677