v3.21.2
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Revenue $ 7,762 $ 5,241 $ 24,044 $ 9,925
Cost of goods sold 8,281 7,060 26,553 16,265
Gross profit (519) (1,819) (2,509) (6,340)
Operating expenses:        
Research and development 2,579 2,204 8,473 7,816
Selling, general, and administrative 3,859 4,523 11,595 15,988
Management fees 0 68 45 172
Restructuring costs 0 436 0 436
Total operating expenses 6,438 7,231 20,113 24,412
Loss from operations (6,957) (9,050) (22,622) (30,752)
Gain upon extinguishment of Payroll Protection Program Loan 0 0 1,528 0
Interest, net (356) (324) (1,059) (568)
Non-operating expenses 6 (102) 11 (121)
Loss before income taxes (7,307) (9,476) (22,142) (31,441)
Income taxes 0 0 0 0
Net loss $ (7,307) $ (9,476) $ (22,142) $ (31,441)
Basic and diluted net loss per share $ (0.20) $ (0.29) $ (0.60) $ (0.95)
Weighted average shares outstanding - basic and diluted 37,279,703 33,200,289 37,205,655 33,076,376
Anti-dilutive stock options, restricted stock units, and performance stock units 5,966,488 5,581,307 5,966,488 5,581,307

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