Schedule of Adjustment For Correction to Previous Periods |
The following tables present the impact of the revisions to the unaudited condensed consolidated financial statements for the three months ended June 30, 2024 (in thousands, unaudited): | | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2024 | | | As previously reported | | Revisions | | Reference | | As revised | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Liabilities and Stockholders’ Deficit | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Deferred revenue, current portion | $ | 74,802 | | | $ | (4,669) | | | a, b | | $ | 70,133 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total current liabilities | 155,608 | | | (4,669) | | | | | 150,939 | | | Deferred revenue, net of current portion | 36,759 | | | 3,747 | | | a, b | | 40,506 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total liabilities | 314,340 | | | (922) | | | | | 313,418 | | | | | | | | | | | | Stockholders' deficit | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Accumulated deficit | (848,200) | | | 922 | | | a, b | | (847,278) | | | | | | | | | | | | Total stockholders’ deficit | (141,251) | | | 922 | | | | | (140,329) | | | Total liabilities and stockholders’ deficit | $ | 173,089 | | | — | | | | | $ | 173,089 | | |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2024 | | | | As previously reported | | Revisions | | Reference | | As revised | | | | | | | | | Revenue: | | | | | | | | | | | | | | | | Product | $ | 40,994 | | | $ | 1,658 | | | b | | $ | 42,652 | | | | | | | | | | Service and subscription | 27,447 | | | (736) | | | a, b | | 26,711 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Gross profit | 26,135 | | | 922 | | | | | 27,057 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Loss from operations | (17,725) | | | 922 | | | | | (16,803) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Net loss before income taxes | (20,585) | | | 922 | | | | | (19,663) | | | | | | | | | | | | | | | | | | | | | | | | | | Net loss | $ | (20,820) | | | $ | 922 | | | | | $ | (19,898) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2024 | | | | As previously reported | | Revisions | | Reference | | As revised | | | Operating activities | | | | | | | | | | Net loss | $ | (20,820) | | | $ | 922 | | | | | $ | (19,898) | | | | Adjustments to reconcile net loss to net cash used in operating activities | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Deferred revenue | (5,126) | | | (922) | | | a, b | | (6,048) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Net cash used in operating activities | $ | (1,896) | | | $ | — | | | | | $ | (1,896) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Common Stock | | Additional Paid-in Capital | | Accumulated Deficit | | Accumulated Other Comprehensive Loss | | Total Stockholders' Deficit | Three Months Ended | | Shares | | Amount | | | | | Balance, March 31, 2024 | | 4,792 | | | $ | 48 | | | $ | 708,027 | | | $ | (827,380) | | | $ | (2,193) | | | $ | (121,498) | | Net loss | | — | | | — | | | — | | | (19,898) | | | — | | | (19,898) | | Foreign currency translation adjustments, net | | — | | | — | | | — | | | — | | | 142 | | | 142 | | | | | | | | | | | | | | | | | | | | | | | | | | | | Stock-based compensation | | — | | | — | | | 925 | | | — | | | — | | | 925 | | Balance, June 30, 2024, as revised | | 4,792 | | | $ | 48 | | | $ | 708,952 | | | $ | (847,278) | | | $ | (2,051) | | | $ | (140,329) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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