| Dec'17 | Dec'16 | Dec'15 | ||||
|---|---|---|---|---|---|---|
Revenue: | ||||||
Product revenue | ||||||
37,353 | 34,581 | 24,669 | ||||
Other revenue | ||||||
10,910 | 10,998 | 7,863 | ||||
Total revenue | ||||||
48,263 | 45,579 | 32,532 | ||||
Cost of revenue: | ||||||
Cost of product revenue | ||||||
24,725 | 22,574 | 17,970 | ||||
Cost of other revenue | ||||||
2,397 | 3,022 | 1,481 | ||||
Total cost of revenue | ||||||
27,122 | 25,596 | 19,451 | ||||
Gross profit | ||||||
21,141 | 19,983 | 13,081 | ||||
Operating expenses: | ||||||
Research and development | ||||||
25,202 | 26,334 | 25,305 | ||||
Sales and marketing | ||||||
8,785 | 7,126 | 5,985 | ||||
General and administrative | ||||||
6,679 | 6,267 | 5,428 | ||||
Total operating expenses | ||||||
40,666 | 39,727 | 36,718 | ||||
Operating income (loss) | ||||||
-19,525 | -19,744 | -23,637 | ||||
Financial income (expense): | ||||||
Interest expense | ||||||
4,672 | 3,734 | 1,542 | ||||
Interest income | ||||||
60 | 48 | 26 | ||||
Other financial expense | ||||||
0 | 83 | 145 | ||||
Convertible debt amendments | ||||||
322 | 0 | 0 | ||||
Change in the fair value of convertible debt embedded derivative | ||||||
0 | -1,583 | -2,036 | ||||
Foreign exchange gain (loss), net | ||||||
-1,401 | 593 | 249 | ||||
Profit (Loss) before income taxes | ||||||
-25,860 | -24,503 | -27,085 | ||||
Income tax expense (benefit) | ||||||
300 | 284 | 317 | ||||
Profit (Loss) | ||||||
-26,160 | -24,787 | -27,402 | ||||
Attributable to: | ||||||
Shareholders of the parent | ||||||
-26,160 | -24,787 | -27,402 | ||||
Non-controlling interests | ||||||
0 | 0 | 0 | ||||
Basic earnings (loss) per share (in dollars per share) | ||||||
-0.34 | -0.39 | -0.46 | ||||
Diluted earnings (loss) per share (in dollars per share) | ||||||
-0.34 | -0.39 | -0.46 | ||||
Weighted average number of shares used for computing: | ||||||
Basic (in shares) | ||||||
77,668 | 63,805 | 59,144 | ||||
Diluted (in shares) | ||||||
77,668 | 63,805 | 59,144 | ||||