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Segment Information (Tables)
12 Months Ended
Dec. 31, 2022
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,

 

 

 

2022

 

 

2021

 

Revenue

 

 

 

 

 

 

Surgical Glaucoma

 

$

65,594

 

 

$

46,496

 

Dry Eye

 

 

5,737

 

 

 

2,460

 

Total

 

 

71,331

 

 

 

48,956

 

Cost of goods sold

 

 

 

 

 

 

Surgical Glaucoma

 

 

8,295

 

 

 

6,473

 

Dry Eye

 

 

4,066

 

 

 

2,137

 

Total

 

 

12,361

 

 

 

8,610

 

Gross profit

 

 

 

 

 

 

Surgical Glaucoma

 

 

57,299

 

 

 

40,023

 

Dry Eye

 

 

1,671

 

 

 

323

 

Total

 

 

58,970

 

 

 

40,346

 

Operating expense

 

 

142,924

 

 

 

91,824

 

Loss from operations

 

 

(83,954

)

 

 

(51,478

)

Interest expense

 

 

(4,466

)

 

 

(4,366

)

Other expense, net

 

 

2,225

 

 

 

(6,928

)

Loss before income tax

 

$

(86,195

)

 

$

(62,772

)