Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Comprehensive Loss

v3.22.4
Consolidated Statements of Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenue      
Sales revenue $ 320,549 $ 311,730 $ 280,189
Rental revenue 56,692 46,273 28,298
Total revenue 377,241 358,003 308,487
Cost of revenue      
Cost of sales revenue 197,805 161,824 156,764
Cost of rental revenue, including depreciation of $11,103, $8,860 and $5,695, respectively 25,903 19,696 13,543
Total cost of revenue 223,708 181,520 170,307
Gross profit      
Gross profit-sales revenue 122,744 149,906 123,425
Gross profit-rental revenue 30,789 26,577 14,755
Total gross profit 153,533 176,483 138,180
Operating expense      
Research and development 21,943 16,576 14,080
Sales and marketing 120,767 112,815 97,520
General and administrative 43,905 37,852 38,605
Loss on disposal of intangible asset 52,161    
Total operating expense 238,776 167,243 150,205
Income (loss) from operations (85,243) 9,240 (12,025)
Other income (expense)      
Interest income 2,837 129 909
Other income (expense) (862) (710) 5,836
Total other income (expense), net 1,975 (581) 6,745
Income (loss) before provision for income taxes (83,268) 8,659 (5,280)
Provision for income taxes 504 14,992 549
Net loss (83,772) (6,333) (5,829)
Other comprehensive income (loss), net of tax      
Change in foreign currency translation adjustment (597) (800) 857
Change in net unrealized gains (losses) on foreign currency hedging (3,130) 1,746 (82)
Less: reclassification adjustment for net (gains) losses included in net income 1,990 47 (207)
Total net change in unrealized gains (losses) on foreign currency hedging (1,140) 1,793 (289)
Change in net unrealized gains (losses) on marketable securities 25 1 (6)
Total other comprehensive income (loss), net of tax (1,712) 994 562
Comprehensive loss $ (85,484) $ (5,339) $ (5,267)
Basic net loss per share attributable to common stockholders (Note 2) $ (3.67) $ (0.28) $ (0.27)
Diluted net loss per share attributable to common stockholders (Note 2) $ (3.67) $ (0.28) $ (0.27)
Weighted-average number of shares used in calculating net loss per share attributable to common stockholders:      
Basic common shares 22,852,571 22,490,027 21,980,326
Diluted common shares 22,852,571 22,490,027 21,980,326