v3.22.2.2
UNAUDITED CONDENSED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:        
Total revenues $ 41,094 $ 38,923 $ 125,603 $ 126,906
Cost of revenues:        
Total cost of revenues 24,758 21,815 78,370 69,626
Gross profit 16,336 17,108 47,233 57,280
Operating expenses:        
Research and development 15,003 17,529 48,244 47,427
Sales and marketing 7,219 10,315 25,559 25,157
General and administrative 9,644 19,347 31,891 28,247
Amortization of intangibles 284 299 852 897
Restructuring costs 944 944
Total operating expenses 33,094 47,490 107,490 101,728
Loss from operations (16,758) (30,382) (60,257) (44,448)
Interest expense, net (4,296) (3,630) (13,071) (8,580)
Gain on extinguishment of debt 2,096
Other (expense) income, net (2,097) 7,516 (793) 636
Loss before income taxes (23,151) (26,496) (74,121) (50,296)
Income tax (expense) benefit, net (163) (457) 52 (624)
Net loss $ (23,314) $ (26,953) $ (74,069) $ (50,920)
Loss per share - basic and diluted $ (0.32) $ (0.41) $ (1.02) $ (0.82)
Weighted average shares outstanding - basic and diluted 72,572,138 66,276,223 72,415,546 61,923,661
Products And Software Licenses [Member]        
Revenues:        
Total revenues $ 36,521 $ 32,101 $ 114,128 $ 105,637
Cost of revenues:        
Total cost of revenues 23,462 20,652 74,747 66,272
Maintenance Warranty And Services [Member]        
Revenues:        
Total revenues 4,573   11,475 21,269
Cost of revenues:        
Total cost of revenues $ 1,296 $ 1,163 $ 3,623 $ 3,354

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