v3.22.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Total revenues $ 46,945 $ 42,048 $ 84,509 $ 87,983
Cost of revenues:        
Total cost of revenues 28,117 22,820 53,612 47,811
Gross profit 18,828 19,228 30,897 40,172
Operating expenses:        
Research and development 16,720 15,524 33,241 29,898
Sales and marketing 9,010 7,482 18,340 14,842
General and administrative 11,089 4,445 22,247 8,900
Amortization of intangibles 284 299 568 598
Total operating expenses 37,103 27,750 74,396 54,238
Loss from operations (18,275) (8,522) (43,499) (14,066)
Interest expense, net (4,207) (2,512) (8,775) (4,950)
Gain on extinguishment of debt 2,096 2,096
Other income (expense), net 1,353 (1,388) 1,304 (6,880)
Loss before income taxes (21,129) (10,326) (50,970) (23,800)
Income tax benefit (expense), net 112 (92) 215 (167)
Net loss $ (21,017) $ (10,418) $ (50,755) $ (23,967)
Loss per share - basic and diluted $ (0.29) $ (0.17) $ (0.70) $ (0.40)
Weighted average shares outstanding - basic and diluted 72,335,952 59,714,562 72,335,952 59,713,471
Products And Software Licenses [Member]        
Revenues:        
Total revenues $ 44,031 $ 34,793 $ 77,607 $ 73,535
Cost of revenues:        
Total cost of revenues 26,864 21,732 51,337 45,209
Maintenance Warranty And Services [Member]        
Revenues:        
Total revenues 2,914 7,255 6,902 14,448
Cost of revenues:        
Total cost of revenues $ 1,253 $ 1,088 $ 2,275 $ 2,602

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