Quarterly report [Sections 13 or 15(d)]

Consolidated Statements of Comprehensive Loss (Unaudited)

v3.25.1
Consolidated Statements of Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue    
Sales revenue $ 68,470 $ 63,095
Rental revenue 13,810 14,930
Total revenue 82,280 78,025
Cost of revenue    
Cost of sales revenue 38,083 35,244
Cost of rental revenue, including depreciation of $3,034 and $3,179, respectively 7,825 8,410
Total cost of revenue 45,908 43,654
Gross profit    
Gross profit-sales revenue 30,387 27,851
Gross profit-rental revenue 5,985 6,520
Total gross profit 36,372 34,371
Operating expense    
Research and development 4,034 6,578
Sales and marketing 23,757 26,936
General and administrative 16,237 17,131
Total operating expense 44,028 50,645
Loss from operations (7,656) (16,274)
Other income (expense)    
Interest income, net 1,029 1,403
Other income 356 143
Total other income, net 1,385 1,546
Loss before benefit for income taxes (6,271) (14,728)
Benefit for income taxes (97) (150)
Net loss (6,174) (14,578)
Other comprehensive income (loss), net of tax    
Change in foreign currency translation adjustment 1,855 (1,035)
Change in net unrealized losses on foreign currency hedging (732)  
Less: reclassification adjustment for net losses included in net loss (133)  
Total net change in unrealized losses on foreign currency hedging (865)  
Change in net unrealized losses on marketable securities   (2)
Total other comprehensive income (loss), net of tax 990 (1,037)
Comprehensive loss $ (5,184) $ (15,615)
Basic net loss per share attributable to common stockholders (Note 6) $ (0.25) $ (0.62)
Diluted net loss per share attributable to common stockholders (Note 6) $ (0.25) $ (0.62)
Weighted average number of shares used in calculating net loss per share attributable to common stockholders:    
Basic shares of common stock 25,164,444 23,401,598
Diluted shares of common stock 25,164,444 23,401,598