v3.19.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Revenues $ 5,900 $ 0 $ 13,150 $ 82,300
Cost of revenues 1,003 0 1,931 14,601
Gross profit 4,897 0 11,219 67,699
Research and development expense 484 789 1,490 1,773
Selling, general and administrative expenses 7,486 7,938 24,074 22,113
Total operating expenses 7,970 8,727 25,564 23,886
Income (loss) from operations (3,073) (8,727) (14,345) 43,813
Other income (expense)        
Change in fair value of warrant liability 0 (1,046) 0 (3,445)
Interest expense (98) (136) (324) (701)
Interest and other income 206 38 639 106
Income (loss) before income taxes (2,965) (9,871) (14,030) 39,773
Provision (benefit) for income taxes (385) (2,252) (3,478) 11,135
Net income (loss) (2,580) (7,619) (10,552) 28,638
Accretion of preferred stock 0 0 0 (925)
Net income (loss) to common stockholders $ (2,580) $ (7,619) $ (10,552) $ 27,713
Net income (loss) per share, basic (in dollars per share) $ (0.09) $ (0.28) $ (0.38) $ 1.04
Net income (loss) per share, diluted (in dollars per share) (0.09) (0.28) (0.38) 1.01
Net income (loss) per share applicable to common stockholders, basic (in dollars per share) (0.09) (0.28) (0.38) 1.01
Net income (loss) per share applicable to common stockholders, diluted (in dollars share) $ (0.09) $ (0.28) $ (0.38) $ 0.98
Weighted-average common shares outstanding, basic (in shares) 27,623,768 27,247,462 27,609,176 27,488,437
Weighted-average common shares outstanding, diluted (in shares) 27,623,768 27,247,462 27,609,176 28,417,453

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