v3.21.2
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
Revenue $ 11,880 $ 2,307 $ 16,282 $ 4,684
Cost of goods sold 11,527 5,321 18,272 9,205
Gross margin 353 (3,014) (1,990) (4,521)
Operating expenses:        
Research and development 2,844 2,825 5,894 5,612
Selling, general, and administrative 3,478 5,167 7,736 11,465
Management fees 15 42 45 104
Total operating expenses 6,337 8,034 13,675 17,181
Loss from operations (5,984) (11,048) (15,665) (21,702)
Gain upon extinguishment of Payroll Protection Program Loan 1,528 0 1,528 0
Interest, net (357) 154 (703) (244)
Non-operating expenses 6 (8) 5 (19)
Loss before income taxes (4,807) (10,902) (14,835) (21,965)
Income taxes
Net loss $ (4,807) $ (10,902) $ (14,835) $ (21,965)
Basic and diluted net loss per share $ (0.13) $ (0.33) $ (0.40) $ (0.67)
Weighted average shares outstanding - basic and diluted 37,199,349 33,039,338 37,168,018 33,013,739
Anti-dilutive stock options, restricted stock units, and performance stock units 5,223,327 5,140,153 5,223,327 5,140,153

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