XML 15 R4.htm IDEA: XBRL DOCUMENT v3.24.2.u1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Revenue $ 31,285,000 $ 24,589,000 $ 61,253,000 $ 47,983,000
Cost of revenue 14,056,000 12,538,000 28,213,000 24,963,000
Gross profit 17,229,000 12,051,000 33,040,000 23,020,000
Operating expenses:        
Research and development 9,589,000 9,925,000 19,335,000 20,458,000
Sales and marketing 10,991,000 9,875,000 21,013,000 20,434,000
General and administrative 6,458,000 6,165,000 13,011,000 12,842,000
Total operating expenses 27,038,000 25,965,000 53,359,000 53,734,000
Loss from operations (9,809,000) (13,914,000) (20,319,000) (30,714,000)
Investment income 362,000 519,000 746,000 1,129,000
Interest expense (901,000) (942,000) (1,822,000) (1,865,000)
Loss before provision for income taxes (10,348,000) (14,337,000) (21,395,000) (31,450,000)
Income tax provision 0 0 6,000 0
Net loss $ (10,348,000) $ (14,337,000) $ (21,401,000) $ (31,450,000)
Net loss per share, basic (USD per share) $ (0.25) $ (0.41) $ (0.52) $ (0.91)
Net loss per share, diluted (USD per share) $ (0.25) $ (0.41) $ (0.52) $ (0.91)
Weighted average shares used in computing net loss per share attributable to Class A and Class B common stockholders - basic (in shares) [1] 42,151,850 35,149,000 41,188,544 34,539,229
Weighted average shares used in computing net loss per share attributable to Class A and Class B common stockholders - diluted (in shares) [1] 42,151,850 35,149,000 41,188,544 34,539,229
[1] On July 6, 2023, all shares of the Company’s then outstanding Class B common stock were automatically converted into the same number of Class A common stock, pursuant to the terms of the Company’s Amended and Restated Certificate of Incorporation. No additional shares of Class B common stock will be issued following such conversion. See Note 15 for further details.