v3.22.2
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
NET REVENUE $ 37,228 $ 34,065 $ 72,569 $ 63,834
OPERATING EXPENSES:        
Direct operating costs 21,787 20,534 44,460 38,595
Selling and marketing 2,426 2,204 4,810 4,094
General and administrative 6,394 6,269 11,979 11,893
Research and development 1,098 1,813 2,083 3,839
Change in contingent consideration (630) (1,230)
Depreciation and amortization 2,936 3,128 5,876 5,959
Net loss on lease termination, impairment and unoccupied lease charges 463 223 621 1,241
Total operating expenses 34,474 34,171 68,599 65,621
OPERATING INCOME (LOSS) 2,754 (106) 3,970 (1,787)
OTHER:        
Interest income 3 2 8 6
Interest expense (107) (115) (207) (183)
Other income (expense) - net 112 205 195 (15)
INCOME (LOSS) BEFORE PROVISION FOR INCOME TAXES 2,762 (14) 3,966 (1,979)
Income tax provision 25 213 89 212
NET INCOME (LOSS) 2,737 (227) 3,877 (2,191)
Preferred stock dividend 3,776 3,638 7,813 6,767
NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS $ (1,039) $ (3,865) $ (3,936) $ (8,958)
Net loss per common share: basic $ (0.07) $ (0.27) $ (0.26) $ (0.63)
Weighted-average common shares used to compute basic loss per share 15,070,147 14,430,882 15,031,363 14,258,772

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