v3.25.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Revenues $ 156,807 $ 182,186 $ 306,759 $ 355,872
Costs and expenses:        
Cost of Goods and Services Sold 107,405 130,533 214,737 262,151
Selling, general and administrative 59,597 68,821 118,683 138,988
Research and development 30,342 24,082 61,183 46,020
Amortization of intangible assets 19,444 20,420 39,304 41,856
Total costs and expenses 216,788 243,856 433,907 489,015
Operating loss (59,981) (61,670) (127,148) (133,143)
Other income and (expense), net:        
Interest income 3,287 391 7,968 1,204
Interest expense (70,327) (8,180) (85,794) (15,865)
Fair value changes of derivative instruments, net 16 1 (257) (26,160)
Other (expense) income, net (35,515) 58,874 (30,663) 80,197
Other (expense) income, net (102,539) 51,086 (108,746) 39,376
Loss before income taxes and investment losses (162,520) (10,584) (235,894) (93,767)
Income tax benefit 14,079 280 19,849 1,629
Net loss before investment losses (148,441) (10,304) (216,045) (92,138)
Loss from investments in investees 0 (1) (9) (3)
Net loss $ (148,441) $ (10,305) $ (216,054) $ (92,141)
loss per share:        
Loss per share, basic $ (0.19) $ (0.01) $ (0.31) $ (0.13)
Loss per share, diluted $ (0.19) $ (0.01) $ (0.31) $ (0.13)
Weighted average common shares outstanding, basic 788,006,992 697,211,592 700,684,863 702,036,148
Weighted average common shares outstanding, diluted 788,006,992 697,211,592 700,684,863 702,036,148
Service [Member]        
Revenues:        
Revenues $ 101,101 $ 129,395 $ 203,945 $ 256,286
Costs and expenses:        
Cost of Goods and Services Sold 82,383 107,078 166,901 216,952
Product [Member]        
Revenues:        
Revenues 40,743 40,485 75,585 78,532
Costs and expenses:        
Cost of Goods and Services Sold 25,022 23,455 47,836 45,199
Transfer of Intellectual Property and Other [Member]        
Revenues:        
Revenues $ 14,963 $ 12,306 $ 27,229 $ 21,054

Source