Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.24.2.u1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Revenue, net $ 52,099 $ 66,106 $ 105,644 $ 137,671
Cost of goods sold 24,036 31,798 47,841 66,108
Gross profit 28,063 34,308 57,803 71,563
Operating expenses:        
Advertising 2,439 4,657 4,492 13,330
Product development 5,436 4,052 9,062 8,268
Selling, general and administrative 27,124 35,159 51,718 73,180
Operating loss (6,936) (9,560) (7,469) (23,215)
Non-operating expenses:        
Interest expense 4,117 4,044 8,246 7,773
Changes in fair value of derivative liabilities (8) (1,727) (206) (1,435)
Other income, net (994) (1,021) (2,077) (5,638)
Total non-operating expenses (income), net 3,115 1,296 5,963 700
Loss before provision for income taxes (10,051) (10,856) (13,432) (23,915)
Provision for income taxes 10 11 20 21
Net loss (10,061) (10,867) (13,452) (23,936)
Less: Accumulated dividends on redeemable convertible preferred stock (150) 0 (300) 0
Net loss attributable to common stockholders, basic (10,211) (10,867) (13,752) (23,936)
Net loss attributable to common stockholders, diluted $ (10,211) $ (10,867) $ (13,752) $ (23,936)
Net loss per share attributable to common stockholders, basic (in dollars per share) $ (0.28) $ (0.32) $ (0.38) $ (0.70)
Net loss per share attributable to common stockholders, diluted (in dollars per share) $ (0.28) $ (0.32) $ (0.38) $ (0.70)
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic (in shares) 36,768,249 34,280,844 36,517,787 34,015,827
Weighted-average shares used in computing net loss per share attributable to common stockholders, diluted (in shares) 36,768,249 34,280,844 36,517,787 34,015,827