Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Comprehensive Loss (Unaudited)

v3.24.1.u1
Consolidated Statements of Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue    
Sales revenue $ 63,095 $ 55,887
Rental revenue 14,930 16,275
Total revenue 78,025 72,162
Cost of revenue    
Cost of sales revenue 35,244 33,964
Cost of rental revenue, including depreciation of $3,179 and $3,078, respectively 8,410 7,465
Total cost of revenue 43,654 41,429
Gross profit    
Gross profit-sales revenue 27,851 21,923
Gross profit-rental revenue 6,520 8,810
Total gross profit 34,371 30,733
Operating expense    
Research and development 6,578 5,344
Sales and marketing 26,936 28,441
General and administrative 17,131 18,863
Total operating expense 50,645 52,648
Loss from operations (16,274) (21,915)
Other income (expense)    
Interest income, net 1,403 1,525
Other income, net 143 237
Total other income, net 1,546 1,762
Loss before provision (benefit) for income taxes (14,728) (20,153)
Provision (benefit) for income taxes (150) 196
Net loss (14,578) (20,349)
Other comprehensive income (loss), net of tax    
Change in foreign currency translation adjustment (1,035) 170
Change in net unrealized gains (losses) on marketable securities (2) 69
Total other comprehensive income (loss), net of tax (1,037) 239
Comprehensive loss $ (15,615) $ (20,110)
Basic net loss per share attributable to common stockholders (Note 7) $ (0.62) $ (0.88)
Diluted net loss per share attributable to common stockholders (Note 7) $ (0.62) $ (0.88)
Weighted average number of shares used in calculating net loss per share attributable to common stockholders:    
Basic common shares 23,401,598 23,009,617
Diluted common shares 23,401,598 23,009,617