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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenue, net $ 20,721 $ 12,580 $ 43,431 $ 23,747
Cost of revenue (1) [1] 9,520 6,165 19,838 13,740
Gross profit 11,201 6,415 23,593 10,007
Operating expenses:        
Research and development (2) [2] 4,501 4,504 9,407 10,179
Selling, general and administrative (3) [3] 4,660 3,180 8,799 7,045
Restructuring 0 67 0 2,605
Total operating expenses 9,161 7,751 18,206 19,829
Income (loss) from operations 2,040 (1,336) 5,387 (9,822)
Interest expense and other, net (107) (107) (200) (206)
Income (loss) before income taxes 1,933 (1,443) 5,187 (10,028)
Provision for income taxes 669 117 1,102 174
Net income (loss) $ 1,264 $ (1,560) $ 4,085 $ (10,202)
Net income (loss) per share, basic $ 0.04 $ (0.06) $ 0.14 $ (0.36)
Net income (loss) per share, diluted $ 0.04 $ (0.06) $ 0.13 $ (0.36)
Weighted average shares outstanding, basic 29,766 28,167 29,526 28,051
Weighted average shares outstanding, diluted 31,974 28,167 31,601 28,051
[1] Includes: Stock-based compensation 69 46 122 90Restructuring — 27 — 1,750
[2] Includes: Stock-based compensation 362 392 676 821
[3] Includes: Acquisition-related costs 730 — 894 —Stock-based compensation 519 268 941 161