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v3.25.3

Segment Information - Summary of Operating Result Information for Each Reportable Segment (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2025 | Sep. 30, 2024 | Sep. 30, 2025 | Sep. 30, 2024
Revenue |  |  |  |
Revenue | $ 19,906 | $ 20,157 | $ 56,978 | $ 60,792
Cost of goods sold |  |  |  |
Cost of goods sold | 2,709 | 3,250 | 8,100 | 9,068
Gross profit |  |  |  |
Gross profit | 17,197 | 16,907 | 48,878 | 51,724
Operating expenses | (25,102) | (28,136) | (82,308) | (90,327)
Investment income | 965 | 1,454 | 3,139 | 4,628
Interest expense | (1,306) | (1,151) | (3,853) | (3,501)
Loss on debt extinguishment | 0 | 0 | 0 | (1,962)
Other income (expense), net | (2) | 26 | (118) | (25)
Loss before income taxes | (8,248) | (10,900) | (34,262) | (39,463)
Surgical Glaucoma |  |  |  |
Revenue |  |  |  |
Revenue | 19,718 | 18,632 | 56,063 | 57,132
Cost of goods sold |  |  |  |
Cost of goods sold | 2,592 | 2,453 | 7,662 | 7,084
Gross profit |  |  |  |
Gross profit | 17,126 | 16,179 | 48,401 | 50,048
Dry Eye |  |  |  |
Revenue |  |  |  |
Revenue | 188 | 1,525 | 915 | 3,660
Cost of goods sold |  |  |  |
Cost of goods sold | 117 | 797 | 438 | 1,984
Gross profit |  |  |  |
Gross profit | $ 71 | $ 728 | $ 477 | $ 1,676

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