v3.23.2
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Revenue $ 35,375 $ 32,987 $ 72,241 $ 65,080
Cost of revenue 11,140 12,548 24,402 26,180
Gross profit 24,235 20,439 47,839 38,900
Operating expenses        
Sales and marketing expense 11,293 14,502 24,773 29,036
General and administrative expense 9,393 8,014 18,564 15,600
Research and development expense 6,859 8,167 14,842 16,657
Total operating expenses 27,545 30,683 58,179 61,293
Loss from operations (3,310) (10,244) (10,340) (22,393)
Interest expense, net 1,326 744 2,422 1,494
Change in the fair value of warrant liability (116) (92) (183) (484)
Other expense (income), net (42) 113 (112) 49
Total other expense, net 1,168 765 2,127 1,059
Pre-tax loss (4,478) (11,009) (12,467) (23,452)
Provision for (benefit from) income taxes (89) (229) 391 315
Net loss (4,389) (10,780) (12,858) (23,767)
Comprehensive loss        
Net loss (4,389) (10,780) (12,858) (23,767)
Other comprehensive income (loss), net of tax        
Foreign currency translation adjustment 140 (153) 206 (202)
Net unrealized gain (loss) on marketable securities 159 (288) 586 (1,176)
Total other comprehensive income (loss), net of tax 299 (441) 792 (1,378)
Comprehensive loss $ (4,090) $ (11,221) $ (12,066) $ (25,145)
Net loss per share        
Net loss per share—basic (in dollars per share) $ (0.05) $ (0.12) $ (0.14) $ (0.26)
Net loss per share—diluted (in dollars per share) $ (0.05) $ (0.12) $ (0.14) $ (0.26)
Weighted average shares outstanding—basic (in shares) 93,562 91,562 93,204 91,520
Weighted average shares outstanding—diluted (in shares) 93,562 91,562 93,204 91,520

Source