XML 18 R4.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Revenues $ 34,098 $ 23,464 $ 89,004 $ 95,615
Cost of sales 34,555 21,808 85,047 88,046
Research and development 7,006 10,526 21,403 33,480
Selling, general and administrative expenses 12,292 13,723 37,275 33,460
Impairment of goodwill 0 0 0 9,260
Interest expense, net 1,849 7,155 12,153 20,401
Changes in fair value of warrants and conversion option 456 (12,001) 170 (30,661)
Other (income) expense, net (164) (201) (857) 2,588
Net loss from continuing operations before income taxes (21,896) (17,546) (66,187) (60,959)
Income tax expense (benefit) 0 6 6 (117)
Net loss from continuing operations, net of income taxes (21,896) (17,552) (66,193) (60,842)
Net (loss) income from discontinued operations, net of income taxes (refer to Note 3, Discontinued Operations) (1,040) (18) 2,274 (16,623)
Net loss attributable to common stockholders $ (22,936) $ (17,570) $ (63,919) $ (77,465)
Net loss per common share:        
Basic net loss per common share from continuing operations (in usd per share) [1] $ (3.95) $ (3.26) $ (12.03) $ (11.34)
Diluted net loss per common share from continuing operations (in usd per share) [1] (3.95) (3.26) (12.03) (11.34)
Basic net (loss) income per common share from discontinued operations (in usd per share) [1] (0.19) (0.01) 0.41 (3.10)
Diluted net (loss) income per common share from discontinued operations (in usd per share) [1] (0.19) (0.01) 0.41 (3.10)
Basic total net loss per common share (in usd per share) [1] (4.14) (3.27) (11.62) (14.44)
Diluted total net loss per common share (in usd per share) [1] $ (4.14) $ (3.27) $ (11.62) $ (14.44)
Weighted average shares outstanding:        
Basic weighted average shares outstanding (in shares) [1] 5,544 5,378 5,499 5,363
Diluted weighted average shares outstanding (in shares) [1] 5,544 5,378 5,499 5,363
[1] Amounts have been adjusted to reflect the 1-for-35 reverse stock split that became effective on July 18, 2024. See Note 2, Summary of Significant Accounting Policies for additional details.