Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]    
Net revenues $ 54,570 $ 63,992
Cost of revenues 48,156 48,781
Gross profit 6,414 15,211
Operating expenses:    
Research and development 17,696 16,218
Sales and marketing 9,566 10,411
General and administrative 10,284 9,834
Legal expenses 6,869 6,462
Restructuring costs   1,546
Total operating expenses 44,415 44,471
Loss from operations (38,001) (29,260)
Interest expense   (759)
Other expense, net (459) (434)
Loss before income taxes (38,460) (30,453)
Income tax (expense) benefit (167) 521
Net loss $ (38,627) $ (29,932)
Net loss per share, basic and diluted* [1] $ (4.08) $ (6.48)
Weighted–average shares used in computing net loss per share, basic and diluted* [1] 9,464,560 4,620,855
[1] Reflects the 1-for-10 reverse stock split that became effective on September 15, 2021. Refer to Note 1 – The Company and its Significant Accounting Policies for further information.