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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenue $ 22,796 $ 20,764 $ 42,591 $ 34,571
Operating expenses:        
General and administrative 5,500 4,927 11,079 10,764
Sales and marketing 2,181 1,858 4,343 3,770
Research and development 5,480 3,605 9,734 7,522
Amortization of intangible assets 157 158 313 316
Total operating expenses 13,318 10,548 25,469 22,372
Income from operations 3,995 4,240 6,704 2,909
Other income (expense):        
Interest income 528 373 1,051 674
Interest expense 0 (1) 0 (1)
Other non-operating (expense) income, net (48) 9 (72) (44)
Total other income, net 480 381 979 629
Income before income taxes 4,475 4,621 7,683 3,538
Provision for (benefit from) income taxes 756 (11,122) 1,310 (11,479)
Net income $ 3,719 $ 15,743 $ 6,373 $ 15,017
Earnings per share:        
Basic (in dollars per share) $ 0.07 $ 0.29 $ 0.12 $ 0.28
Diluted (in dollars per share) $ 0.07 $ 0.28 $ 0.11 $ 0.27
Number of shares used in per share calculations:        
Basic (in shares) 54,681 53,747 54,400 53,747
Diluted (in shares) 56,110 55,406 55,764 55,437
Product        
Revenue $ 19,226 $ 17,406 $ 35,298 $ 28,464
Product cost of revenue 5,483 5,976 10,418 9,290
Product gross profit 13,743 11,430 24,880 19,174
License and development revenue        
Revenue $ 3,570 $ 3,358 $ 7,293 $ 6,107