XML 10 R4.htm IDEA: XBRL DOCUMENT v3.25.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenue:        
Revenue $ 196,503 $ 150,719 $ 551,227 $ 434,769
Cost of sales 59,203 47,990 168,830 132,095
Gross profit 137,300 102,729 382,397 302,674
Operating expenses:        
Research and development 18,679 20,357 53,987 57,474
Sales, general and administrative 124,303 109,200 369,827 335,541
Litigation-related expenses 6,520 2,093 20,327 8,611
Amortization of acquired intangible assets 3,731 3,848 11,187 11,538
Restructuring expenses 0 934 378 1,861
Total operating expenses 153,233 136,432 455,706 415,025
Operating loss (15,933) (33,703) (73,309) (112,351)
Other expense, net:        
Interest expense, net (12,878) (6,572) (33,028) (17,728)
Loss on debt extinguishment 0 0 (17,576) 0
Gain on derivative liability 0 0 620 0
Other income, net 307 623 1,637 897
Total other expense, net (12,571) (5,949) (48,347) (16,831)
Net loss before taxes (28,504) (39,652) (121,656) (129,182)
Income tax provision (benefit) 74 (36) (27) (391)
Net loss $ (28,578) $ (39,616) $ (121,629) $ (128,791)
Net loss per share, basic $ (0.19) $ (0.28) $ (0.81) $ (0.9)
Net loss per share, diluted $ (0.19) $ (0.28) $ (0.81) $ (0.9)
Weighted average shares outstanding, basic 151,401 143,492 149,373 142,400
Weighted average shares outstanding, diluted 151,401 143,492 149,373 142,400
Products and Services        
Revenue:        
Revenue $ 196,503 $ 150,719 $ 551,227 $ 434,769