Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.24.1.u1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue:    
Total revenue $ 90,540 $ 78,271
Cost of sales and operating expenses:    
Total cost of sales 61,744 53,880
Gross profit 28,796 24,391
Selling, general, and administrative expenses 24,133 25,224
Income (loss) from operations 4,663 (833)
Other income (expenses):    
Interest (expense) income, net (935) 1,047
Other income, net 169 233
Change in fair value of warrant liability 1,979 (334)
Total other income 1,213 946
Income before income tax provision 5,876 113
Income tax benefit (expense) 401 (108)
Net income $ 6,277 $ 5
Earnings per share:    
Basic (in dollars per share) $ 0.12  
Diluted (in dollars per share) $ 0.12  
Weighted average shares outstanding:    
Basic (in shares) 52,991,506 51,206,226
Diluted (in shares) 53,247,979 52,958,555
Product sales    
Revenue:    
Total revenue $ 61,610 $ 45,495
Cost of sales and operating expenses:    
Total cost of sales 39,619 31,548
Leasing    
Revenue:    
Total revenue 3,082 5,622
Cost of sales and operating expenses:    
Total cost of sales 1,193 1,123
Services    
Revenue:    
Total revenue 25,848 27,154
Cost of sales and operating expenses:    
Total cost of sales $ 20,932 $ 21,209