Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Net revenues $ 21,058 $ 43,747 $ 33,764 $ 70,231
Cost of revenues 16,140 29,302 26,681 46,765
Gross profit 4,918 14,445 7,083 23,466
Operating expenses:        
Research and development 3,256 7,384 7,192 14,345
Sales and marketing 2,596 4,218 5,727 7,944
General and administrative 5,686 7,424 8,758 9,900
Restructuring costs 1,087
Total operating expenses 11,538 19,026 22,764 32,189
Loss from operations (6,620) (4,581) (15,681) (8,723)
Interest expense (302) (555) (621) (977)
Other income (expense), net 6 (6) (395) (271)
Loss before income taxes (6,916) (5,142) (16,697) (9,971)
Income tax expense (180) (457) (363) (752)
Net loss $ (7,096) $ (5,599) $ (17,060) $ (10,723)
Net loss per share, basic and diluted $ (0.22) $ (0.31) $ (0.65) $ (0.63)
Weighted–average shares used in computing net loss per Share, basic and diluted 31,638,250 18,120,143 26,126,037 16,950,375