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v3.22.2.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ / shares in Thousands |
3 Months Ended |
|
|
Net revenues |
$ 921,408
|
$ 721,358
|
Cost of sales |
538,349
|
419,376
|
Gross Profit |
383,059
|
301,982
|
Operating expenses: |
|
|
Research and development |
123,600
|
161,368
|
Selling, general and administrative |
294,084
|
183,611
|
Total operating expenses |
417,684
|
344,979
|
Loss from operations |
(34,625)
|
(42,997)
|
Other income (expense): |
|
|
Interest income |
473
|
1,064
|
Interest and finance expenses |
4,514
|
2,239
|
Total other income (expense) |
(4,041)
|
(1,175)
|
Loss before provision for taxes |
(38,666)
|
(44,172)
|
Provision (benefit) for income taxes: |
|
|
Current |
0
|
5,500
|
Deferred |
0
|
(19,000)
|
Total benefit (provision) for income taxes |
0
|
(13,500)
|
Net loss |
$ (38,666)
|
$ (30,672)
|
Basic and diluted loss per common share: (in dollars per share) |
$ (0)
|
$ (0)
|
Weighted average shares of common stock outstanding - basic and diluted (in shares) |
67,588,492
|
67,588,492
|
X |
- DefinitionThe aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities.
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- DefinitionThe aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use.
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