Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Operations

v3.25.2
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Revenues $ 56,662 $ 47,912 $ 105,222 $ 89,289
Cost of goods sold 14,644 12,567 28,271 21,325
Gross profit 42,018 35,345 76,951 67,964
Costs and expenses:        
Sales and marketing 23,804 19,698 44,849 39,513
Research and development 6,853 6,658 12,944 14,066
General and administrative 9,689 9,417 19,147 19,373
Total costs and expenses 40,346 35,773 76,940 72,952
Income (loss) from operations 1,672 (428) 11 (4,988)
Other income (expense):        
Investment income 225 227 497 520
Interest expense (1,977) (2,185) (4,227) (4,512)
Change in fair value of debt derivative liabilities 480 464 322 529
Other income (expense), net 179 1 142 (105)
Total other expense, net (1,093) (1,493) (3,266) (3,568)
Net income (loss) $ 579 $ (1,921) $ (3,255) $ (8,556)
Weighted average common shares outstanding - basic (in shares) 46,063,092 43,713,313 45,605,419 43,473,541
Weighted average common shares outstanding - diluted (in shares) 47,980,830 43,713,313 45,605,419 43,473,541
Net income (loss) per common share - basic (in USD per share) $ 0.01 $ (0.04) $ (0.07) $ (0.20)
Net income (loss) per common share - diluted (in USD per share) $ 0.01 $ (0.04) $ (0.07) $ (0.20)