Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.7.0.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Income Statement [Abstract]    
Product revenue $ 15,226 $ 19,453
Costs of revenue 3,777 6,250
Gross profit 11,449 13,203
Operating expenses:    
Research and development 6,345 6,387
General and administrative 6,292 6,436
Sales and marketing 10,347 12,421
Total operating expenses 22,984 25,244
Loss from operations (11,535) (12,041)
Other income (expenses):    
Interest expense (4,511) (4,339)
Gain (loss) on extinguishment of debt (661) 2,171
Change in fair value of derivative liabilities 70 (7,605)
Loss on extinguishment of derivative liabilities (1,263)
Offering costs (821)
Other income (expense) 39 (14)
Total other expense, net (5,063) (11,871)
Net loss before income taxes (16,598) (23,912)
Provision for income taxes
Net loss (16,598) (23,912)
Deemed dividend related to beneficial conversion feature and accretion of discount on convertible series A preferred stock (6,278)
Net loss attributable to common stockholders $ (22,876) $ (23,912)
Net loss per share attributable to common stockholders:    
Basic and diluted $ (1.23) $ (5.50)
Weighted average common shares outstanding:    
Basic and diluted 18,524,815 4,344,253