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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenue:        
Total revenue $ 33,710 $ 35,723 $ 67,535 $ 71,759
Operating expenses:        
Cost of revenue (exclusive of items shown separately below) 6,980 7,859 14,784 15,840
Research and development 2,624 4,156 9,121 8,600
Technology operations 6,880 7,022 13,893 14,226
Selling and marketing 3,874 5,184 9,189 10,323
General and administrative 9,619 10,480 20,054 20,761
Depreciation, amortization and accretion 871 2,457 1,805 5,184
Severance and restructuring 450 174 4,945 174
Total operating expenses 31,298 37,332 73,791 75,108
Operating income (loss) 2,412 (1,609) (6,256) (3,349)
Interest income 170 61 237 122
Other income 25 29 12 2
Income (loss) before income taxes 2,607 (1,519) (6,007) (3,225)
(Provision for) benefit from income taxes (683) 800 717 209
Net income (loss) $ 1,924 $ (719) $ (5,290) $ (3,016)
Basic net income (loss) per common share (in usd per share) $ 0.10 $ (0.04) $ (0.27) $ (0.16)
Diluted net income (loss) per common share (in usd per share) $ 0.10 $ (0.04) $ (0.27) $ (0.16)
Basic weighted average common shares outstanding (in shares) 19,693,659 19,395,364 19,645,680 19,335,081
Diluted weighted average common shares outstanding (in shares) 19,807,430 19,395,364 19,645,680 19,335,081
Cash dividends declared per common share (in usd per share) $ 0.3125 $ 0.1250 $ 0.6250 $ 0.2500
Wireless revenue        
Revenue:        
Total revenue $ 18,700 $ 19,859 $ 37,547 $ 39,979
Software revenue        
Revenue:        
Total revenue $ 15,010 $ 15,864 $ 29,988 $ 31,780