|
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
|
3 Months Ended |
|
Mar. 31, 2012
|
Mar. 31, 2011
|
| Revenue |
$ 13,650 |
$ 4,336 |
| Cost of goods sold |
8,496 |
5,327 |
| Gross profit (loss) |
5,154 |
(991) |
| Operating Expenses: |
|
|
| General and administrative expenses |
5,986 |
3,778 |
| Depreciation and amortization |
141 |
94 |
| Warrant expense |
0 |
1,784 |
| Research and development |
326 |
114 |
| Total operating expenses |
6,453 |
5,770 |
| Loss from operations |
(1,299) |
(6,761) |
| Interest income (expense), net |
145 |
(13) |
| Other income, net |
2,404 |
2 |
| Income (Loss) before provision for income taxes |
1,250 |
(6,772) |
| Provision for income taxes |
(1) |
0 |
| Net income (loss) |
$ 1,249 |
$ (6,772) |
| Net income (loss) per share attributable to common shareholders: |
|
|
| Basic (in dollars per share) |
$ 0.04 |
$ (0.51) |
| Diluted (in dollars per share) |
$ 0.04 |
$ (0.51) |
| Weighted-average shares used to compute net income (loss) per share attributable to common shareholders: |
|
|
| Basic (in shares) |
23,626,328 |
13,380,746 |
| Diluted (in shares) |
23,843,499 |
13,380,746 |