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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Sales $ 79,169 $ 70,736 $ 237,610 $ 210,815
Cost of Sales 36,838 34,438 109,390 101,748
Gross Profit 42,331 36,298 128,220 109,067
Operating Expenses        
Selling, general and administrative 33,433 30,163 100,375 96,523
Research and development 12,731 10,754 36,464 31,355
Restructuring costs 1,376 239 3,679 14,563
Total operating expenses 47,540 41,156 140,518 142,441
Loss from operations (5,209) (4,858) (12,298) (33,374)
Other (income) expense        
Interest expense, net 5 161 54 407
Other expense (income), net 299 (256) (433) 334
Loss before income tax benefit (5,513) (4,763) (11,919) (34,115)
Income tax benefit (1,658) (1,739) (3,667) (7,336)
Net loss $ (3,855) $ (3,024) $ (8,252) $ (26,779)
Net loss per share - Basic (in dollars per share) $ (0.21) $ (0.17) $ (0.45) $ (1.51)
Net loss per share - Diluted (in dollars per share) $ (0.21) $ (0.17) $ (0.45) $ (1.51)
Weighted average shares - Basic (in shares) 18,194,960 17,797,390 18,166,930 17,757,359
Weighted average shares - Diluted (in shares) 18,194,960 17,797,390 18,166,930 17,757,359
Product        
Sales $ 57,838 $ 48,082 $ 172,748 $ 146,866
Cost of Sales 25,650 22,413 75,909 66,812
Service        
Sales 21,331 22,654 64,862 63,949
Cost of Sales $ 11,188 $ 12,025 $ 33,481 $ 34,936