v3.22.1
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]    
NET REVENUE $ 35,341 $ 29,768
OPERATING EXPENSES:    
Direct operating costs 22,673 18,060
Selling and marketing 2,384 1,890
General and administrative 5,585 5,624
Research and development 985 2,026
Change in contingent consideration (600)
Depreciation and amortization 2,940 2,831
Net loss on lease termination, impairment and unoccupied lease charges 158 1,018
Total operating expenses 34,125 31,449
OPERATING INCOME (LOSS) 1,216 (1,681)
OTHER:    
Interest income 5 15
Interest expense (100) (79)
Other income (expense) - net 83 (220)
INCOME (LOSS) BEFORE PROVISION (BENEFIT) FOR INCOME TAXES 1,204 (1,965)
Income tax provision (benefit) 64 (1)
NET INCOME (LOSS) 1,140 (1,964)
Preferred stock dividend 4,037 3,128
NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS $ (2,897) $ (5,092)
Net loss per common share: basic and diluted $ (0.19) $ (0.36)
Weighted-average common shares used to compute basic and diluted loss per share 14,992,147 14,084,749

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