Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

v3.20.4
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Net revenue $ 478,596 $ 317,180 $ 384,997
Cost of net revenue 265,798 149,495 176,223
Gross profit 212,798 167,685 208,774
Operating expenses:      
Research and development 179,993 98,344 120,046
Selling, general and administrative 130,025 88,762 101,789
Impairment losses 86 0 2,198
Restructuring charges 3,833 2,636 3,838
Total operating expenses 313,937 189,742 227,871
Loss from operations (101,139) (22,057) (19,097)
Interest income 409 775 78
Interest Expense (12,952) (11,133) (14,255)
Other income (expense), net (1,170) (69) 422
Total interest and other income (expense), net (13,713) (10,427) (13,755)
Loss before income taxes (114,852) (32,484) (32,852)
Income tax benefit (16,259) (12,586) (6,653)
Net loss $ (98,593) $ (19,898) $ (26,199)
Net loss per share:      
Basic (usd per share) $ (1.35) $ (0.28) $ (0.38)
Diluted (usd per share) $ (1.35) $ (0.28) $ (0.38)
Shares used to compute net loss per share:      
Weighted Average Number of Shares Outstanding, Basic 73,133 71,005 68,490
Diluted (shares) 73,133 71,005 68,490