Post-effective amendment to a registration statement that is not immediately effective upon filing

UNAUDITED CONDENSED STATEMENTS OF OPERATIONS

v3.23.1
UNAUDITED CONDENSED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
Dec. 31, 2021
Revenues:        
Total revenues $ 24,773 $ 37,564 $ 167,259 $ 177,283
Cost of revenues:        
Total cost of revenues 14,426 25,495 100,819 99,312
Gross profit 10,347 12,069 66,440 77,971
Operating expenses:        
Research and development 14,191 16,521 61,377 63,350
Sales and marketing 5,682 9,330 30,587 33,839
General and administrative 7,665 11,158 40,070 40,878
Amortization of intangibles 189 284 1,136 1,191
Restructuring costs 260 1,279
Total operating expenses 27,987 37,293 134,449 139,258
Loss from operations (17,640) (25,224) (68,009) (61,287)
Interest expense, net (4,534) (4,568) (20,394) (12,813)
Change in fair value of warrant liability and derivatives, net 642 457    
Other income (expense), net 561 (506) (4,261) (3,328)
Loss before income taxes (20,971) (29,841) (85,579) (71,216)
Income tax benefit 82 103 197 690
Net loss $ (20,889) $ (29,738) $ (85,382) $ (70,526)
Loss per share – basic and diluted $ (0.28) $ (0.41) $ (1.17) $ (1.09)
Weighted average shares outstanding – basic and diluted 74,473,741 72,335,952 72,782,773 64,509,718
Products And Software Licenses [Member]        
Revenues:        
Total revenues $ 21,210 $ 33,576 $ 148,922 $ 151,172
Cost of revenues:        
Total cost of revenues 13,295 24,473 95,335 95,442
Maintenance Warranty And Services [Member]        
Revenues:        
Total revenues 3,563 3,988 18,337 26,111
Cost of revenues:        
Total cost of revenues $ 1,131 $ 1,022 $ 5,484 $ 3,870