Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Comprehensive Loss (Unaudited)

v3.22.1
Consolidated Statements of Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenue    
Sales revenue $ 67,402 $ 77,081
Rental revenue 12,983 9,851
Total revenue 80,385 86,932
Cost of revenue    
Cost of sales revenue 39,500 42,635
Cost of rental revenue, including depreciation of $2,638 and $1,888, respectively 5,879 4,424
Total cost of revenue 45,379 47,059
Gross profit    
Gross profit-sales revenue 27,902 34,446
Gross profit-rental revenue 7,104 5,427
Total gross profit 35,006 39,873
Operating expense    
Research and development 5,364 4,015
Sales and marketing 28,039 25,491
General and administrative 15,189 12,499
Total operating expense 48,592 42,005
Loss from operations (13,586) (2,132)
Other income (expense)    
Interest income 29 57
Other income (expense) (433) (310)
Total other expense, net (404) (253)
Loss before provision (benefit) for income taxes (13,990) (2,385)
Provision (benefit) for income taxes 224 (1,653)
Net loss (14,214) (732)
Other comprehensive income (loss), net of tax    
Change in foreign currency translation adjustment (203) (457)
Change in net unrealized gains (losses) on foreign currency hedging (528) 1,144
Less: reclassification adjustment for net (gains) losses included in net income 454 (241)
Total net change in unrealized gains (losses) on foreign currency hedging (74) 903
Change in net unrealized gains (losses) on marketable securities (8) 4
Total other comprehensive income (loss), net of tax (285) 450
Comprehensive loss $ (14,499) $ (282)
Basic net loss per share attributable to common stockholders (Note 6) $ (0.62) $ (0.03)
Diluted net loss per share attributable to common stockholders (Note 6) $ (0.62) $ (0.03)
Weighted average number of shares used in calculating net loss per share attributable to common stockholders:    
Basic common shares 22,754,421 22,181,394
Diluted common shares 22,754,421 22,181,394