v3.23.3
Condensed Consolidated Statements of Operations (unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:
Revenues $ 178,595 $ 179,744 $ 681,591 $ 818,856
Costs and expenses:
Selling, general and administrative 72,240 79,674 227,676 298,675
Research and development 19,435 18,792 70,199 54,359
Contingent consideration (1,125) (754) (1,023) (685)
Amortization of intangible assets 21,534 21,407 64,543 66,225
Gain on sale of assets 0 0 0 (15,365)
Total costs and expenses 243,002 267,564 769,566 989,840
Operating loss (64,407) (87,820) (87,975) (170,984)
Other income and (expense), net:
Interest income 970 667 3,077 838
Interest expense (3,384) (3,017) (10,053) (8,754)
Fair value changes of derivative instruments, net 88 446 (829) 652
Other expense, net (11,645) (36,651) (16,045) (111,091)
Other expense, net (13,971) (38,555) (23,850) (118,355)
Loss before income taxes and investment losses (78,378) (126,375) (111,825) (289,339)
Income tax benefit (provision) (6,075) 40,327 (10,456) 46,524
Net loss before investment losses (84,453) (86,048) (122,281) (242,815)
Loss from investments in investees (20) (43) (99) (359)
Net loss $ (84,473) $ (86,091) $ (122,380) $ (243,174)
Loss per share, basic and diluted:
Loss per share (in dollars per share) $ (0.11) $ (0.11) $ (0.16) $ (0.34)
Weighted average common shares outstanding, basic and diluted (in shares) 751,525,007 750,396,263 751,716,692 708,121,980
Service [Member]
Revenues:
Revenues $ 131,679 $ 142,856 $ 391,100 $ 616,259
Costs and expenses:
Cost of Goods and Services Sold 106,375 128,182 333,460 521,221
Product [Member]
Revenues:
Revenues 40,670 32,388 124,553 104,938
Costs and expenses:
Cost of Goods and Services Sold 24,543 20,263 74,711 65,410
Transfer of Intellectual Property and Other [Member]
Revenues:
Revenues $ 6,246 $ 4,500 $ 165,938 $ 97,659

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