XML 14 R4.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Net Revenues $ 131,829 $ 83,821 $ 355,162 $ 222,153
Operating Expenses        
Cost of sales (excluding depreciation and amortization) 48,101 32,894 128,093 102,459
Research and development 11,121 7,657 24,419 17,096
Selling, general, and administrative 42,007 30,081 117,235 90,856
Depreciation and amortization 15,207 14,167 44,597 42,488
Contingent consideration fair value adjustment (2,555) 2,476 (559) 2,134
Restructuring activities 0 1,541 1,132 4,111
Intangible asset impairment charge 0 0 0 112
Total Operating Expenses 113,881 88,816 314,917 259,256
Operating Income (Loss) 17,948 (4,995) 40,245 (37,103)
Other Expense, net        
Interest expense, net (6,398) (7,264) (21,194) (20,546)
Other (expense) income, net (39) 37 (126) 712
Income (Loss) Before Income Tax (Expense) Benefit 11,511 (12,222) 18,925 (56,937)
Income tax (expense) benefit (1,571) 3,622 (1,301) 13,284
Net Income (Loss) 9,940 (8,600) 17,624 (43,653)
Dividends on Series A Convertible Preferred Stock (406) (406) (1,219) (1,218)
Net Income (Loss) Available to Common Shareholders $ 9,534 $ (9,006) $ 16,405 $ (44,871)
Basic and Diluted Income (Loss) Per Share:        
Basic Income (Loss) Per Share (in dollars per share) $ 0.46 $ (0.55) $ 0.84 $ (2.76)
Diluted Income (Loss) Per Share (in dollars per share) $ 0.45 $ (0.55) $ 0.83 $ (2.76)
Basic Weighted-Average Shares Outstanding (in shares) 18,883 16,303 17,663 16,238
Diluted Weighted-Average Shares Outstanding (in shares) 19,125 16,303 17,823 16,238