Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)

v3.5.0.2
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Income Statement [Abstract]        
Product revenue $ 4,023 $ 4,780 $ 8,196 $ 9,523
Costs of revenue 1,017 1,363 1,910 2,885
Gross profit 3,006 3,417 6,286 6,638
Operating expenses:        
Research and development 1,553 1,553 3,161 3,396
General and administrative 1,360 1,334 2,922 3,361
Sales and marketing 2,594 3,126 5,188 6,483
Total operating expenses 5,507 6,013 11,271 13,240
Loss from operations (2,501) (2,596) (4,985) (6,602)
Other income (expense):        
Interest expense (2,353) (1,134) (3,253) (2,234)
Loss on extinguishment of debt (244) (244) (79)
Change in fair value of derivative liabilities 35 (923) 24 (1,100)
Loss on extinguishment of derivative liabilities (1,245) (1,261)
Other expense (1) (35) 6 (38)
Total other income (expense) (2,563) (3,337) (3,467) (4,712)
Net loss before income taxes (5,064) (5,933) (8,452) (11,314)
Provision for income taxes
Net comprehensive loss (5,064) (5,933) (8,452) (11,314)
Other comprehensive loss, net of tax:        
Total comprehensive loss $ (5,064) $ (5,933) $ (8,452) $ (11,314)
Net loss per share attributable to common stockholders:        
Basic and diluted $ (0.4) $ (1.64) $ (0.71) $ (4.16)
Weighted average common shares outstanding:        
Basic and diluted 12,761,814 3,622,491 11,981,865 2,717,688