Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Loss - Unaudited

v3.2.0.727
Condensed Consolidated Statements of Operations and Comprehensive Loss - Unaudited - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Statement of Comprehensive Income [Abstract]        
Product revenue $ 4,780 $ 5,836 $ 9,523 $ 11,616
Costs of revenue 1,363 1,603 2,885 3,252
Gross profit 3,417 4,233 6,638 8,364
Operating expenses:        
Research and development 1,553 3,041 3,396 3,632
General and administrative 1,334 6,280 3,361 9,355
Sales and marketing 3,126 5,540 6,483 10,061
Total operating expenses 6,013 14,861 13,240 23,048
Loss from operations (2,596) (10,628) (6,602) (14,684)
Other income (expense):        
Interest income 0 5 0 8
Interest expense (1,134) (554) (2,234) (1,084)
Loss on extinguishment of debt 0 (1,596) (79) (1,596)
Change in fair value of derivative liabilities (923) (448) (1,100) (562)
Loss on extinguishment of derivative liabilities (1,245) 0 (1,261) 0
Other expense (35) (18) (38) (34)
Total other income (expense) (3,337) (2,611) (4,712) (3,268)
Net loss before income taxes (5,933) (13,239) (11,314) (17,952)
Provision for income taxes 0 0 0 0
Total comprehensive loss $ (5,933) $ (13,239) $ (11,314) $ (17,952)
Net loss per share attributable to common stockholders:        
Basic and diluted (dollars per share) $ (0.11) $ (1.07) $ (0.28) $ (1.95)
Weighted average common shares outstanding:        
Basic and diluted (in shares) 54,337,365 12,419,110 40,765,322 9,211,077