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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenue:        
Total revenue $ 37,693 $ 39,453 $ 110,699 $ 120,741
Operating expenses:        
Cost of revenue 6,544 7,190 20,709 22,021
Research and development 3,459 7,437 11,662 20,411
Technology operations 7,357 7,805 22,472 23,345
Selling and marketing 4,272 5,595 14,463 17,279
General and administrative 10,994 11,813 33,056 34,255
Depreciation, amortization and accretion 2,335 2,305 6,553 6,999
Total operating expenses 34,961 42,145 108,915 124,310
Operating income (loss) 2,732 (2,692) 1,784 (3,569)
Interest income 127 399 636 1,300
Other income 151 163 113 528
Income (loss) before income taxes 3,010 (2,130) 2,533 (1,741)
Benefit from (provision for) income taxes 155 804 (149) 486
Net income (loss) $ 3,165 $ (1,326) $ 2,384 $ (1,255)
Basic net income (loss) per common share (usd per share) $ 0.17 $ (0.07) $ 0.13 $ (0.07)
Diluted net income (loss) per common share (usd per share) $ 0.16 $ (0.07) $ 0.12 $ (0.07)
Basic weighted average common shares outstanding (in shares) 19,051,502 19,086,811 19,008,969 19,166,812
Diluted weighted average common shares outstanding (in shares) 19,208,452 19,086,811 19,273,243 19,166,812
Cash dividends declared per common share (usd per share) $ 0.125 $ 0.125 $ 0.375 $ 0.375
Wireless        
Revenue:        
Total revenue $ 20,828 $ 21,814 $ 63,293 $ 66,552
Software        
Revenue:        
Total revenue $ 16,865 $ 17,639 $ 47,406 $ 54,189