Annual report pursuant to Section 13 and 15(d)

Statements of Operations

v2.4.1.9
Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Revenue      
Sales revenue $ 73,096us-gaap_SalesRevenueNet $ 44,905us-gaap_SalesRevenueNet $ 28,704us-gaap_SalesRevenueNet
Rental revenue 39,441us-gaap_OperatingLeasesIncomeStatementLeaseRevenue 30,538us-gaap_OperatingLeasesIncomeStatementLeaseRevenue 19,872us-gaap_OperatingLeasesIncomeStatementLeaseRevenue
Total revenue 112,537us-gaap_Revenues 75,443us-gaap_Revenues 48,576us-gaap_Revenues
Cost of revenue (expense)      
Cost of sales revenue 38,693us-gaap_CostOfGoodsAndServicesSold 24,306us-gaap_CostOfGoodsAndServicesSold 17,384us-gaap_CostOfGoodsAndServicesSold
Cost of rental revenue, including depreciation of $10,339, $7,132 and $4,056, respectively 18,327us-gaap_OtherCostOfOperatingRevenue 12,146us-gaap_OtherCostOfOperatingRevenue 7,243us-gaap_OtherCostOfOperatingRevenue
Total cost of revenue 57,020us-gaap_CostOfRevenue 36,452us-gaap_CostOfRevenue 24,627us-gaap_CostOfRevenue
Gross profit 55,517us-gaap_GrossProfit 38,991us-gaap_GrossProfit 23,949us-gaap_GrossProfit
Operating expenses      
Research and development 2,977us-gaap_ResearchAndDevelopmentExpense 2,398us-gaap_ResearchAndDevelopmentExpense 2,262us-gaap_ResearchAndDevelopmentExpense
Sales and marketing 24,087us-gaap_SellingAndMarketingExpense 18,375us-gaap_SellingAndMarketingExpense 12,569us-gaap_SellingAndMarketingExpense
General and administrative 17,942us-gaap_GeneralAndAdministrativeExpense 13,754us-gaap_GeneralAndAdministrativeExpense 8,289us-gaap_GeneralAndAdministrativeExpense
Total operating expenses 45,006us-gaap_OperatingExpenses 34,527us-gaap_OperatingExpenses 23,120us-gaap_OperatingExpenses
Income from operations 10,511us-gaap_OperatingIncomeLoss 4,464us-gaap_OperatingIncomeLoss 829us-gaap_OperatingIncomeLoss
Other income (expense)      
Interest expense (449)us-gaap_InterestExpense (562)us-gaap_InterestExpense (493)us-gaap_InterestExpense
Interest income 42us-gaap_InvestmentIncomeInterest 12us-gaap_InvestmentIncomeInterest 88us-gaap_InvestmentIncomeInterest
Change in fair value of preferred stock warrant liability 36us-gaap_FairValueAdjustmentOfWarrants (262)us-gaap_FairValueAdjustmentOfWarrants 148us-gaap_FairValueAdjustmentOfWarrants
Other income (expense) (88)us-gaap_OtherNonoperatingIncomeExpense 196us-gaap_OtherNonoperatingIncomeExpense 10us-gaap_OtherNonoperatingIncomeExpense
Total other expense, net (459)us-gaap_NonoperatingIncomeExpense (616)us-gaap_NonoperatingIncomeExpense (247)us-gaap_NonoperatingIncomeExpense
Income before provision for income taxes 10,052us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 3,848us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 582us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Provision (benefit) for income taxes 3,226us-gaap_IncomeTaxExpenseBenefit (21,587)us-gaap_IncomeTaxExpenseBenefit 18us-gaap_IncomeTaxExpenseBenefit
Net income $ 6,826us-gaap_NetIncomeLoss $ 25,435us-gaap_NetIncomeLoss $ 564us-gaap_NetIncomeLoss
Basic net income (loss) per share attributable to common stockholders $ 0.33us-gaap_EarningsPerShareBasic $ 0.76us-gaap_EarningsPerShareBasic $ (19.97)us-gaap_EarningsPerShareBasic
Diluted net income (loss) per share attributable to common stockholders $ 0.30us-gaap_EarningsPerShareDiluted $ 0.68us-gaap_EarningsPerShareDiluted $ (19.97)us-gaap_EarningsPerShareDiluted
Weighted-average number of shares used in calculating net income (loss) per share attributable to common stockholders:      
Basic common shares 16,182,569us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 276,535us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 261,268us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted common shares 18,037,498us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 2,008,156us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 261,268us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding