XML 14 R4.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenue, net $ 65,151 $ 62,547 $ 149,094 $ 157,193
Cost of goods sold 49,234 42,373 116,023 119,876
Gross profit 15,917 20,174 33,071 37,317
Operating expenses        
Research and development 13,428 9,457 38,218 26,633
Sales and marketing 4,796 3,035 14,503 7,631
General and administrative 14,240 14,368 44,786 39,870
Total operating expenses 32,464 26,860 97,507 74,134
Loss from operations (16,547) (6,686) (64,436) (36,817)
Other income (expense)        
Interest income 156 65 509 133
Interest expense (1,702) (1,989) (5,072) (6,301)
Other expense, net 336 (343) 1,957 803
Total other income (expense), net (1,210) (2,267) (2,606) (5,365)
Loss before income taxes (17,757) (8,953) (67,042) (42,182)
Income tax expense 0 0 0 (8)
Net loss $ (17,757) $ (8,953) $ (67,042) $ (42,190)
Net loss per share        
Basic (in dollars per share) $ (0.42) $ (0.27) $ (1.68) $ (1.39)
Diluted (in dollars per share) $ (0.42) $ (0.27) $ (1.68) $ (1.39)
Weighted average shares used to compute net loss per share:        
Basic (in shares) 42,311,811 32,774,148 40,021,297 30,392,483
Diluted (in shares) 42,311,811 32,774,148 40,021,297 30,392,483