Annual report pursuant to Section 13 and 15(d) 12-31-2015

Consolidated Statements of Operations and Comprehensive Loss

v3.3.1.900
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]    
Product revenue $ 19,453 $ 22,765
Costs of revenue 6,250 7,910
Gross profit 13,203 14,855
Operating expenses:    
Research and development 6,387 6,742
General and administrative 6,436 13,588
Sales and marketing 12,421 18,692
Total operating expenses 25,244 39,022
Loss from operations $ (12,041) (24,167)
Other income (expense):    
Interest income 12
Interest expense $ (4,339) (3,650)
Gain (loss) on extinguishment of debt 2,171 (2,194)
Change in fair value of derivative liabilities (7,605) $ (251)
Loss on extinguishment of derivative liabilities (1,263)
Offering costs (821) $ (2,026)
Other expense (14) (306)
Total other income (expense) (11,871) (8,415)
Net loss before income taxes $ (23,912) $ (32,582)
Provision for income taxes
Net comprehensive loss $ (23,912) $ (32,582)
Other comprehensive loss, net of tax:    
Unrealized loss on marketable securities
Net loss per share attributable to common stockholders:    
Basic and diluted $ (5.50) $ (39.93)
Weighted average common shares outstanding:    
Basic and diluted 4,344,253 815,997