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Segment Information (Tables)
12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information

The following table summarizes select operating results information for each reportable segment (dollars in thousands):

 

 

Year Ended December 31,

 

 

 

2021

 

 

2020

 

Revenue

 

 

 

 

 

 

Surgical Glaucoma

 

$

46,496

 

 

$

26,000

 

Dry Eye

 

 

2,460

 

 

 

1,640

 

Total

 

 

48,956

 

 

 

27,640

 

Cost of goods sold

 

 

 

 

 

 

Surgical Glaucoma

 

 

6,473

 

 

 

7,069

 

Dry Eye

 

 

2,137

 

 

 

2,140

 

Total

 

 

8,610

 

 

 

9,209

 

Gross profit

 

 

 

 

 

 

Surgical Glaucoma

 

 

40,023

 

 

 

18,931

 

Dry Eye

 

 

323

 

 

 

(500

)

Total

 

 

40,346

 

 

 

18,431

 

Operating expense

 

 

91,824

 

 

 

50,619

 

Loss from operations

 

 

(51,478

)

 

 

(32,188

)

Interest income

 

 

 

 

 

30

 

Interest expense

 

 

(4,366

)

 

 

(2,403

)

Other expense, net

 

 

(6,928

)

 

 

(71

)

Loss before income tax

 

$

(62,772

)

 

$

(34,632

)