v3.22.2.2
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
NET REVENUE $ 33,723 $ 38,304 $ 106,292 $ 102,137
OPERATING EXPENSES:        
Direct operating costs 20,406 24,124 64,866 62,719
Selling and marketing 2,504 2,375 7,314 6,469
General and administrative 6,500 5,921 18,479 17,814
Research and development 1,168 488 3,251 4,328
Change in contingent consideration (1,660) (2,890)
Depreciation and amortization 2,810 3,547 8,686 9,505
Net loss on lease termination, impairment and unoccupied lease charges 307 424 928 1,664
Total operating expenses 32,035 36,879 100,634 102,499
OPERATING INCOME (LOSS) 1,688 1,425 5,658 (362)
OTHER:        
Interest income 14 4 22 10
Interest expense (96) (91) (303) (274)
Other expense - net (495) (65) (300) (80)
INCOME (LOSS) BEFORE PROVISION (BENEFIT) FOR INCOME TAXES 1,111 1,273 5,077 (706)
Income tax provision (benefit) 55 (232) 144 (20)
NET INCOME (LOSS) 1,056 1,505 4,933 (686)
Preferred stock dividend 3,849 3,642 11,662 10,408
NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS $ (2,793) $ (2,137) $ (6,729) $ (11,094)
Net loss per common share: basic and diluted $ (0.18) $ (0.15) $ (0.45) $ (0.77)
Weighted-average common shares used to compute basic and diluted loss per share 15,148,721 14,737,103 15,070,913 14,419,968

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