Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Comprehensive Loss (Unaudited)

v3.21.1
Consolidated Statements of Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenue    
Sales revenue $ 77,081 $ 83,140
Rental revenue 9,851 5,349
Total revenue 86,932 88,489
Cost of revenue    
Cost of sales revenue 42,635 47,118
Cost of rental revenue, including depreciation of $1,888 and $1,299, respectively 4,424 3,005
Total cost of revenue 47,059 50,123
Gross profit    
Gross profit-sales revenue 34,446 36,022
Gross profit-rental revenue 5,427 2,344
Total gross profit 39,873 38,366
Operating expense    
Research and development 4,015 3,605
Sales and marketing 25,491 27,163
General and administrative 12,499 9,777
Total operating expense 42,005 40,545
Loss from operations (2,132) (2,179)
Other income (expense)    
Interest income 57 552
Other expense (310) (60)
Total other income (expense), net (253) 492
Loss before benefit for income taxes (2,385) (1,687)
Benefit for income taxes (1,653) (98)
Net loss (732) (1,589)
Other comprehensive income (loss), net of tax    
Change in foreign currency translation adjustment (457) (158)
Change in net unrealized gains (losses) on foreign currency hedging 1,144 661
Less: reclassification adjustment for net (gains) losses included in net income (241) 12
Total net change in unrealized gains (losses) on foreign currency hedging 903 673
Change in net unrealized gains (losses) on marketable securities 4 (6)
Total other comprehensive income, net of tax 450 509
Comprehensive loss $ (282) $ (1,080)
Basic net loss per share attributable to common stockholders (Note 6) $ (0.03) $ (0.07)
Diluted net loss per share attributable to common stockholders (Note 6) $ (0.03) $ (0.07)
Weighted-average number of shares used in calculating net loss per share attributable to common stockholders:    
Basic common shares 22,181,394 21,916,365
Diluted common shares 22,181,394 21,916,365