Quarterly report pursuant to Section 13 or 15(d)

Statements of Operations

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Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenue        
Sales revenue $ 19,425 $ 12,134 $ 54,746 $ 33,780
Rental revenue 9,968 7,643 28,673 21,901
Total revenue 29,393 19,777 83,419 55,681
Cost of revenue        
Cost of sales revenue 10,146 6,751 28,369 18,406
Cost of rental revenue, including depreciation of $2,752 and $1,955 for the three months ended and $7,512 and $4,921 for the nine months ended, respectively 4,598 3,384 13,349 8,459
Total cost of revenue 14,744 10,135 41,718 26,865
Gross profit 14,649 9,642 41,701 28,816
Operating expenses        
Research and development 798 674 2,312 1,817
Sales and marketing 5,587 4,550 17,656 13,292
General and administrative 4,697 3,532 12,654 9,796
Total operating expenses 11,082 8,756 32,622 24,905
Income from operations 3,567 886 9,079 3,911
Other income (expense)        
Interest expense (104) (113) (440) (312)
Interest income 10 3 28 9
Change in fair value of preferred stock warrant liability 0 41 36 (202)
Other income 1   12 209
Total other expense, net (93) (69) (364) (296)
Income before provision for income taxes 3,474 817 8,715 3,615
Provision for income taxes 1,341 43 3,408 151
Net income 2,133 774 5,307 3,464
Less deemed dividend on redeemable convertible preferred stock   (1,851) (987) (5,359)
Net income (loss) $ 2,133 $ (1,077) $ 4,320 $ (1,895)
Basic net income (loss) per share attributable to common stockholders (note 2) $ 0.12 $ (3.90) $ 0.24 $ (6.91)
Diluted net income (loss) per share attributable to common stockholders (note 2) $ 0.11 $ (3.90) $ 0.22 $ (6.91)
Weighted-average number of shares used in calculating income (loss) per share attributable to common stockholders (note 2):        
Basic common shares 18,286,208 276,618 15,340,877 274,357
Diluted common shares 20,213,102 276,618 17,293,833 274,357