Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Operations (Unaudited)

v3.19.3
Condensed Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Net revenue        
Total net revenue $ 2,153 $ 1,236 $ 3,901 $ 2,205
Cost of revenue        
Total cost of revenue 2,733 990 4,675 1,726
Gross (loss) profit (580) 246 (774) 479
Operating expenses        
Selling, general and administrative 13,789 7,615 27,018 10,254
Research and development 979 1,022 2,510 1,308
Total operating expenses 14,768 8,637 29,528 11,562
Operating loss (15,348) (8,391) (30,302) (11,083)
Other income (expense), net        
Interest income 297   625  
Interest expense (66) (1) (114) (2)
Total other income (expense), net 231 (1) 511 (2)
Loss before income tax expense (15,117) (8,392) (29,791) (11,085)
Income tax expense 5 3 5 3
Net loss $ (15,122) $ (8,395) $ (29,796) $ (11,088)
Basic and diluted net loss per share $ (1.16) $ (1.03) $ (2.32) $ (1.38)
Basic and diluted weighted average common shares outstanding 13,000 8,113 12,847 8,020
Product Sales [Member]        
Net revenue        
Total net revenue $ 1,284 $ 475 $ 2,178 $ 710
Cost of revenue        
Total cost of revenue 1,935 647 3,330 989
Service and Other [Member]        
Net revenue        
Total net revenue 869 761 1,723 1,495
Cost of revenue        
Total cost of revenue $ 798 $ 343 $ 1,345 $ 737