v3.24.1.u1
Summary of Accounting Policies (Tables)
 3 Months Ended
Mar. 31, 2024
Accounting Policies [Abstract]  
Schedule of Dilutive Securities Excluded from Computation of Loss Per Share

The following outstanding potentially dilutive securities were excluded from the calculation of diluted net loss per share attributable to common stockholders because their impact under the treasury stock method was anti-dilutive for the periods presented:

 

 

Three Months Ended March 31,

 

 

2024

 

 

2023

 

Stock options issued and outstanding under the Calhoun Vision, Inc. 2006 Stock Plan, Calhoun Vision, Inc. 2015 Equity Incentive Plan and the 2021 Equity Incentive Plan

 

6,065,073

 

 

 

1,814,375

 

Restricted stock units issued under the 2021 Equity Incentive Plan

 

590,346

 

 

 

478,610

 

Stock issuable in offering period under the 2021 Employee Stock Purchase Plan

 

43,035

 

 

 

51,180

 
Schedule of Revenue from Contracts with Customers

For the three months ended March 31, 2024 and 2023, revenue from contracts with customers consisted of the following (in thousands):

 

 

 

Three Months Ended March 31,

 

 

 

2024

 

 

2023

 

 

 

 

 

 

 

 

LDD (including training)

 

$

8,714

 

 

$

6,475

 

LAL

 

 

19,916

 

 

 

10,395

 

Service warranty, service contracts, and accessories

 

 

882

 

 

 

619

 

 

$

29,512

 

 

$

17,489

 
Schedule of Deferred Revenue Activity

The following table represents the contract liabilities from sales activity for the three months ended March 31, 2024 and 2023, respectively (in thousands):

 

 

Three Months Ended March 31,

 

 

 

 

2024

 

 

2023

 

 

 

 

 

 

 

 

 

 

Balance at beginning of period

 

$

1,888

 

 

$

1,191

 

 

Additions during the period

 

 

963

 

 

 

795

 

 

Revenue recognized during the period

 

 

(840

)

 

 

(598

)

 

Balance at end of period

 

$

2,011

 

 

$

1,388