Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Loss - Unaudited

v3.3.0.814
Condensed Consolidated Statements of Operations and Comprehensive Loss - Unaudited - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Statement of Comprehensive Income [Abstract]        
Product revenue $ 4,835 $ 5,998 $ 14,358 $ 17,614
Costs of revenue 1,640 1,939 4,525 5,191
Gross profit 3,195 4,059 9,833 12,423
Operating expenses:        
Research and development 1,676 1,970 5,072 5,602
General and administrative 1,432 2,943 4,793 12,298
Sales and marketing 2,893 4,783 9,376 14,844
Total operating expenses 6,001 9,696 19,241 32,744
Loss from operations (2,806) (5,637) (9,408) (20,321)
Other income (expense):        
Interest income 0 3 0 11
Interest expense (1,147) (1,107) (3,381) (2,191)
Gain (loss) on extinguishment of debt 2,403 0 2,324 (1,596)
Change in fair value of derivative liabilities (7,779) 1,887 (8,879) 1,325
Loss on extinguishment of derivative liabilities (2) 0 (1,263) 0
Offering costs (821) 0 (821) 0
Other income (expense) 19 (78) (19) (112)
Total other income (expense) (7,327) 705 (12,039) (2,563)
Net loss before income taxes (10,133) (4,932) (21,447) (22,884)
Provision for income taxes 0 0 0 0
Total comprehensive loss $ (10,133) $ (4,932) $ (21,447) $ (22,884)
Net loss per share attributable to common stockholders:        
Basic and diluted (dollars per share) $ (0.15) $ (0.39) $ (0.43) $ (2.20)
Weighted average common shares outstanding:        
Basic and diluted (in shares) 68,629,528 12,689,307 50,155,457 10,383,228