Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statement of Operations

v3.20.2
Consolidated Statement of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Net revenue $ 65,220 $ 82,507 $ 127,247 $ 167,142
Cost of net revenue 32,477 38,427 63,742 77,985
Gross profit 32,743 44,080 63,505 89,157
Operating expenses:        
Research and development 27,984 24,304 53,673 51,703
Selling, general and administrative 27,470 22,327 52,102 45,918
Impairment losses 0 0 86 0
Restructuring charges 64 416 553 2,333
Total operating expenses 55,518 47,047 106,414 99,954
Loss from operations (22,775) (2,967) (42,909) (10,797)
Interest income 31 192 256 339
Interest expense (2,183) (2,853) (4,659) (5,828)
Other income (expense), net (81) (14) 99 (669)
Total interest and other income (expense), net (2,233) (2,675) (4,304) (6,158)
Loss before income taxes (25,008) (5,642) (47,213) (16,955)
Income tax benefit (3,201) (3,413) (9,937) (9,875)
Net loss $ (21,807) $ (2,229) $ (37,276) $ (7,080)
Net loss per share:        
Basic (usd per share) $ (0.30) $ (0.03) $ (0.51) $ (0.10)
Diluted (usd per share) $ (0.30) $ (0.03) $ (0.51) $ (0.10)
Shares used to compute net loss per share:        
Basic (shares) 72,740 70,917 72,389 70,445
Diluted (shares) 72,740 70,917 72,389 70,445