Quarterly report pursuant to Section 13 or 15(d)

UNAUDITED CONDENSED STATEMENTS OF OPERATIONS

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UNAUDITED CONDENSED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues:    
Total revenues $ 24,773 $ 37,564
Cost of revenues:    
Total cost of revenues 14,426 25,495
Gross profit 10,347 12,069
Operating expenses:    
Research and development 14,191 16,521
Sales and marketing 5,682 9,330
General and administrative 7,665 11,158
Amortization of intangibles 189 284
Restructuring costs 260
Total operating expenses 27,987 37,293
Loss from operations (17,640) (25,224)
Interest expense, net (4,534) (4,568)
Change in fair value of warrant liability and derivatives, net 642 457
Other income (expense), net 561 (506)
Loss before income taxes (20,971) (29,841)
Income tax benefit 82 103
Net loss $ (20,889) $ (29,738)
Loss per share – basic and diluted $ (0.28) $ (0.41)
Weighted average shares outstanding – basic and diluted 74,473,741 72,335,952
Products And Software Licenses [Member]    
Revenues:    
Total revenues $ 21,210 $ 33,576
Cost of revenues:    
Total cost of revenues 13,295 24,473
Maintenance Warranty And Services [Member]    
Revenues:    
Total revenues 3,563 3,988
Cost of revenues:    
Total cost of revenues $ 1,131 $ 1,022