v3.24.1.u1

Condensed Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Statement of Comprehensive Income [Abstract]
Net revenue	$ 91,409	$ 70,650
Cost of goods sold	22,156	18,150
Gross profit	69,253	52,500
Operating expenses
Research and development	11,056	8,056
General and administrative	15,104	12,168
Sales and marketing	56,191	42,654
Amortization of intangible assets	2,254	2,222
Acquisition-related costs	3,827	1,766
Total operating expenses	88,432	66,866
Loss from operations	(19,179)	(14,366)
Other income (expense)
Interest and other income	3,973	3,628
Interest and other expense	(59)	683
Other income, net	3,914	4,311
Loss before income tax expense (benefit)	(15,265)	(10,055)
Income tax expense (benefit)	3,847	(807)
Net loss	(19,112)	(9,248)
Foreign currency translation adjustment	(1,152)	3,071
Comprehensive loss	$ (20,264)	$ (6,177)
Net loss per share, basic (in USD per share)	$ (0.38)	$ (0.19)
Net loss per share, diluted (in USD per share)	$ (0.38)	$ (0.19)
Weighted-average shares used to compute basic net loss per share (in shares)	50,928,171	48,579,084
Weighted-average shares used to compute diluted net loss per share (in shares)	50,928,171	48,579,084

The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 45
-Paragraph 28
-Subparagraph (b)
-SubTopic 10
-Topic 230
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482740/230-10-45-28

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 45
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482686/350-30-45-2

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)(2)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482665/350-30-50-2

Axonics, Inc. 10-Q