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Segment Information (Tables)
6 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information

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

 

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Revenue

 

 

 

 

 

 

 

 

 

 

 

 

Surgical Glaucoma

 

$

21,398

 

 

$

15,899

 

 

$

38,733

 

 

$

29,770

 

Dry Eye

 

 

2,073

 

 

 

1,330

 

 

 

3,563

 

 

 

2,341

 

Total

 

 

23,471

 

 

 

17,229

 

 

 

42,296

 

 

 

32,111

 

Cost of goods sold

 

 

 

 

 

 

 

 

 

 

 

 

Surgical Glaucoma

 

 

2,444

 

 

 

1,949

 

 

 

4,806

 

 

 

3,440

 

Dry Eye

 

 

937

 

 

 

787

 

 

 

1,623

 

 

 

2,328

 

Total

 

 

3,381

 

 

 

2,736

 

 

 

6,429

 

 

 

5,768

 

Gross profit

 

 

 

 

 

 

 

 

 

 

 

 

Surgical Glaucoma

 

 

18,954

 

 

 

13,950

 

 

 

33,927

 

 

 

26,330

 

Dry Eye

 

 

1,136

 

 

 

543

 

 

 

1,940

 

 

 

13

 

Total

 

 

20,090

 

 

 

14,493

 

 

 

35,867

 

 

 

26,343

 

Operating expense

 

 

35,277

 

 

 

37,357

 

 

 

68,621

 

 

 

71,399

 

Loss from operations

 

 

(15,187

)

 

 

(22,864

)

 

 

(32,754

)

 

 

(45,056

)

Interest expense

 

 

(1,349

)

 

 

(1,065

)

 

 

(2,625

)

 

 

(2,112

)

Other income, net

 

 

1,790

 

 

 

95

 

 

 

3,580

 

 

 

80

 

Loss before income tax

 

$

(14,746

)

 

$

(23,834

)

 

$

(31,799

)

 

$

(47,088

)