v3.19.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Revenues $ 7,250 $ 17,300 $ 7,250 $ 82,300
Cost of revenues 928 1,601 928 14,601
Gross profit 6,322 15,699 6,322 67,699
Research and development expense 530 522 1,006 984
Selling, general and administrative expenses 8,643 5,868 16,588 14,175
Total operating expenses 9,173 6,390 17,594 15,159
Income (loss) from operations (2,851) 9,309 (11,272) 52,540
Other income (expense)        
Change in fair value of warrant liability 0 (293) 0 (2,399)
Interest expense (108) (145) (226) (565)
Interest and other income 229 32 433 68
Income (loss) before income taxes (2,730) 8,903 (11,065) 49,644
Provision (benefit) for income taxes (760) 1,864 (3,093) 13,387
Net income (loss) (1,970) 7,039 (7,972) 36,257
Accretion of preferred stock 0 0 0 (925)
Net income (loss) to common stockholders $ (1,970) $ 7,039 $ (7,972) $ 35,332
Net income (loss) per share, basic (in dollars per share) $ (0.07) $ 0.26 $ (0.29) $ 1.31
Net income (loss) per share, diluted (in dollars per share) (0.07) 0.24 (0.29) 1.21
Net income (loss) per share applicable to common stockholders, basic (in dollars per share) (0.07) 0.26 (0.29) 1.28
Net income (loss) per share applicable to common stockholders, diluted (in dollars share) $ (0.07) $ 0.24 $ (0.29) $ 1.18
Weighted-average common shares outstanding, basic (in shares) 27,609,068 27,503,356 27,601,760 27,610,924
Weighted-average common shares outstanding, diluted (in shares) 27,609,068 29,737,679 27,601,760 30,010,329

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