v3.24.0.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Total revenues $ 233,255 $ 237,277 $ 222,608
Total cost of revenues 133,923 133,404 126,031
Gross margin 99,332 103,873 96,577
Operating costs and expenses:      
Selling, general and administrative 146,880 120,055 97,563
Engineering and development 18,040 15,722 16,843
Goodwill impairment 49,569    
Total operating costs and expenses 214,489 135,777 114,406
Loss from operations (115,157) (31,904) (17,829)
Other income (expense):      
Investment income 10,577 8,474 3,253
Interest expense (5,503) (6,142) (4,689)
Gain (loss) on debt extinguishment 5,679   (251,754)
Other income (expense), net 5,056 (5,522) (2,823)
Total other income (expense), net 15,809 (3,190) (256,013)
Loss before provision for income taxes (99,348) (35,094) (273,842)
Provision for income taxes (239) (2,239) (1,686)
Net loss (99,587) (37,333) (275,528)
Paid-in-kind dividend on Series C convertible preferred stock (8,000) (8,000) (8,196)
Net loss attributable to common shareholders $ (107,587) $ (45,333) $ (283,724)
Net loss per share - basic (in dollar per share) $ (2.21) $ (0.93) $ (6.18)
Net loss per share - diluted (in dollar per share) $ (2.21) $ (0.93) $ (6.18)
Weighted average shares outstanding - basic (in shares) 48,737,377 48,987,295 45,927,591
Weighted average shares outstanding - diluted (in shares) 48,737,377 48,987,295 45,927,591
Service      
Total revenues $ 144,087 $ 133,879 $ 119,065
Total cost of revenues 81,820 75,187 69,297
Product      
Total revenues 89,168 103,398 103,543
Total cost of revenues $ 52,103 $ 58,217 $ 56,734

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