Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statement of Operations

v3.19.3
Consolidated Statement of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Net revenue $ 80,020 $ 85,010 $ 247,162 $ 297,370
Cost of net revenue 38,116 41,134 116,101 134,496
Gross profit 41,904 43,876 131,061 162,874
Operating expenses:        
Research and development 23,174 29,047 74,877 90,379
Selling, general and administrative 21,920 24,963 67,838 76,581
Impairment losses 0 2,198 0 2,198
Restructuring charges 144 236 2,477 2,101
Total operating expenses 45,238 56,444 145,192 171,259
Loss from operations (3,334) (12,568) (14,131) (8,385)
Interest income 214 17 553 54
Interest expense (2,718) (3,473) (8,546) (11,061)
Other income, net 1,098 39 429 193
Total interest and other income (expense), net (1,406) (3,417) (7,564) (10,814)
Loss before income taxes (4,740) (15,985) (21,695) (19,199)
Income tax provision (benefit) (26) (2,050) (9,901) 7,311
Net loss $ (4,714) $ (13,935) $ (11,794) $ (26,510)
Net loss per share:        
Basic (usd per share) $ (0.07) $ (0.20) $ (0.17) $ (0.39)
Diluted (usd per share) $ (0.07) $ (0.20) $ (0.17) $ (0.39)
Shares used to compute net loss per share:        
Basic (shares) 71,366 68,742 70,755 68,256
Diluted (shares) 71,366 68,742 70,755 68,256