v3.23.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenue:        
Total revenue $ 9,318,000 $ 7,221,000 $ 25,395,000 $ 19,587,000
Operating expenses:        
Total cost of revenue 6,569,000 5,412,000 18,267,000 15,447,000
Operating expenses:        
Research and development 13,785,000 12,742,000 42,331,000 35,036,000
Selling, general and administrative 24,896,000 21,216,000 77,809,000 63,275,000
Goodwill impairment 77,280,000 0 77,280,000 0
Total operating expenses 115,961,000 33,958,000 197,420,000 98,311,000
Loss from operations (113,212,000) (32,149,000) (190,292,000) (94,171,000)
Other income (expense):        
Interest income 730,000 436,000 2,122,000 737,000
Interest expense (71,000) (73,000) (221,000) (223,000)
Other income (expense) 26,000 5,000 (113,000) (183,000)
Total other income (expense) 685,000 368,000 1,788,000 331,000
Loss before income taxes (112,527,000) (31,781,000) (188,504,000) (93,840,000)
Benefit (provision) for income taxes (39,000) (28,000) (98,000) (79,000)
Net loss $ (112,566,000) $ (31,809,000) $ (188,602,000) $ (93,919,000)
Net loss per share, basic (in dollars per share) $ (3.22) $ (1.10) $ (5.85) $ (3.28)
Net loss per share, diluted (in dollars per share) $ (3.22) $ (1.10) $ (5.85) $ (3.28)
Weighted-average common shares outstanding, basic (in shares) 35,001 28,970 32,246 28,663
Weighted-average common shares outstanding, diluted (in shares) 35,001 28,970 32,246 28,663
Product revenue        
Revenue:        
Total revenue $ 6,456,000 $ 5,253,000 $ 18,512,000 $ 14,254,000
Operating expenses:        
Total cost of revenue 5,105,000 3,708,000 13,714,000 11,257,000
Service and other revenue        
Revenue:        
Total revenue 2,862,000 1,968,000 6,883,000 5,333,000
Operating expenses:        
Total cost of revenue $ 1,464,000 $ 1,704,000 $ 4,553,000 $ 4,190,000