XML 24 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Unaudited Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenue:        
Total revenue $ 82,375 $ 54,632 $ 156,244 $ 125,559
Operating expenses:        
Cost of service revenue 15,177 10,167 29,272 21,174
Cost of equipment revenue 10,932 6,982 19,214 15,493
Engineering, design and development 6,541 5,498 12,034 12,855
Sales and marketing 4,826 2,516 8,555 6,966
General and administrative 11,746 9,133 22,119 23,839
Depreciation and amortization 3,547 3,218 7,664 6,797
Total operating expenses 52,769 37,514 98,858 87,124
Operating income 29,606 17,118 57,386 38,435
Other (income) expense:        
Interest income (54) (75) (111) (653)
Interest expense 16,340 31,253 45,634 62,396
Loss on extinguishment of debt and settlement of convertible notes 79,564   83,961  
Other (income) expense (127) 1 (132)  
Total other expense 95,723 31,179 129,352 61,743
Loss from continuing operations before income taxes (66,117) (14,061) (71,966) (23,308)
Income tax provision 277 140 312 281
Net loss from continuing operations (66,394) (14,201) (72,278) (23,589)
Net loss from discontinued operations, net of tax (2,854) (71,778) (4,655) (147,168)
Net loss $ (69,248) $ (85,979) $ (76,933) $ (170,757)
Net loss attributable to common stock per share – basic and diluted:        
Net loss from continuing operations $ (0.61) $ (0.17) $ (0.74) $ (0.29)
Net loss from discontinued operations (0.02) (0.88) (0.05) (1.81)
Net loss $ (0.63) $ (1.05) $ (0.79) $ (2.10)
Weighted average number of shares—basic and diluted 109,060 81,757 96,884 81,482
Service [Member]        
Revenue:        
Total revenue $ 64,767 $ 44,033 $ 124,122 $ 101,759
Product [Member]        
Revenue:        
Total revenue $ 17,608 $ 10,599 $ 32,122 $ 23,800