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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
Net revenues:        
Revenue $ 68,950 $ 45,691 $ 123,417 $ 100,423
Costs of sales:        
Cost of sales 53,847 36,612 98,114 80,297
Gross margin 15,103 9,079 25,303 20,126
Operating expenses:        
Selling, general and administrative 22,946 10,049 37,483 21,476
Research and development 8,643 4,538 14,452 9,403
Amortization of identifiable intangible assets 489 210 764 420
Gain on insurance proceeds 0 0 (4,400) 0
Operating expenses 32,078 14,797 48,299 31,299
Operating loss (16,975) (5,718) (22,996) (11,173)
Other expense – net (341) (139) (392) (764)
Loss on extinguishment of debt 0 0 0 (8,123)
Interest expense – net (4,937) (2,111) (7,097) (4,083)
Loss before provision for income taxes (22,253) (7,968) (30,485) (24,143)
Benefit from (provision for) income taxes 12,297 (1,008) 12,258 4,257
Net loss $ (9,956) $ (8,976) $ (18,227) $ (19,886)
Net loss per share, basic (in dollars per share) $ (0.39) $ (0.49) $ (0.77) $ (1.10)
Net loss per share, diluted (in dollars per share) $ (0.39) $ (0.49) $ (0.77) $ (1.10)
Weighted average shares outstanding, basic (in shares) 25,484 18,244 23,716 18,092
Weighted average shares outstanding, diluted (in shares) 25,484 18,244 23,716 18,092
Product        
Net revenues:        
Revenue $ 23,939 $ 12,333 $ 42,495 $ 30,967
Costs of sales:        
Cost of sales 18,487 9,982 33,372 24,887
Service        
Net revenues:        
Revenue 27,185 15,300 45,213 34,075
Costs of sales:        
Cost of sales 18,940 9,912 31,635 22,558
Contract        
Net revenues:        
Revenue 17,826 18,058 35,709 35,381
Costs of sales:        
Cost of sales $ 16,420 $ 16,718 $ 33,107 $ 32,852