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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenue $ 39,657 $ 38,145 $ 76,350 $ 72,437
Cost of product revenue 14,795 17,333 29,684 30,651
Gross Profit 24,862 20,812 46,666 41,786
Operating expenses:        
Research & development 6,975 7,293 13,132 13,654
Selling, general & administrative 21,268 17,989 40,469 36,164
Change in fair value of contingent consideration 0 (13,650) 0 (18,470)
Total operating expenses 28,243 11,632 53,601 31,348
(Loss) income from operations (3,381) 9,180 (6,935) 10,438
Interest and other income (expense), net 96 (50) (58) (93)
(Loss) income before income taxes (3,285) 9,130 (6,993) 10,345
(Benefit from) provision for income taxes (442) 2,599 (1,217) 976
Net (loss) income $ (2,843) $ 6,531 $ (5,776) $ 9,369
Basic (in dollars per share) $ (0.20) $ 0.45 $ (0.40) $ 0.65
Diluted (in dollars per share) $ (0.20) $ 0.45 $ (0.40) $ 0.64
Basic (in shares) 14,555 14,393 14,511 14,368
Diluted (in shares) 14,555 14,627 14,511 14,583
Net (loss) income $ (2,843) $ 6,531 $ (5,776) $ 9,369
Foreign currency translation adjustment (847) 199 (928) (310)
Comprehensive (loss) income $ (3,690) $ 6,730 $ (6,704) $ 9,059