v3.20.2
Consolidated Statement of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Net revenue $ 156,633 $ 80,020 $ 283,880 $ 247,162
Cost of net revenue 90,427 38,116 154,169 116,101
Gross profit 66,206 41,904 129,711 131,061
Operating expenses:        
Research and development 55,816 23,174 109,489 74,877
Selling, general and administrative 41,685 21,920 93,787 67,838
Impairment losses 0 0 86 0
Restructuring charges 3,280 144 3,833 2,477
Total operating expenses 100,781 45,238 207,195 145,192
Loss from operations (34,575) (3,334) (77,484) (14,131)
Interest income 27 214 283 553
Interest expense (3,569) (2,718) (8,228) (8,546)
Other income (expense), net (719) 1,098 (620) 429
Total interest and other income (expense), net (4,261) (1,406) (8,565) (7,564)
Loss before income taxes (38,836) (4,740) (86,049) (21,695)
Income tax benefit (2,191) (26) (12,128) (9,901)
Net loss $ (36,645) $ (4,714) $ (73,921) $ (11,794)
Net loss per share:        
Basic (usd per share) $ (0.50) $ (0.07) $ (1.02) $ (0.17)
Diluted (usd per share) $ (0.50) $ (0.07) $ (1.02) $ (0.17)
Shares used to compute net loss per share:        
Basic (shares) 73,402 71,366 72,729 70,755
Diluted (shares) 73,402 71,366 72,729 70,755

Source