XML 44 R31.htm IDEA: XBRL DOCUMENT v3.25.0.1
Segment Information (Tables)
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information

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

 

 

Years Ended December 31,

 

 

 

2024

 

 

2023

 

Revenue

 

 

 

 

 

 

Surgical Glaucoma

 

$

75,902

 

 

$

74,310

 

Dry Eye

 

 

3,964

 

 

 

6,746

 

Total

 

 

79,866

 

 

 

81,056

 

Cost of goods sold

 

 

 

 

 

 

Surgical Glaucoma

 

 

9,448

 

 

 

8,830

 

Dry Eye

 

 

2,133

 

 

 

3,051

 

Total

 

 

11,581

 

 

 

11,881

 

Gross profit

 

 

 

 

 

 

Surgical Glaucoma

 

 

66,454

 

 

 

65,480

 

Dry Eye

 

 

1,831

 

 

 

3,695

 

Total

 

 

68,285

 

 

 

69,175

 

Operating expense

 

 

(118,817

)

 

 

(126,449

)

Investment income

 

 

5,917

 

 

 

7,289

 

Interest expense

 

 

(4,662

)

 

 

(5,408

)

Loss on debt extinguishment

 

 

(1,962

)

 

 

 

Other expense, net

 

 

(32

)

 

 

(44

)

Loss before income tax

 

$

(51,271

)

 

$

(55,437

)