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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue:        
Total revenue $ 33,744 $ 35,851 $ 101,279 $ 107,610
Operating expenses:        
Cost of revenue (exclusive of items shown separately below) 6,624 8,340 21,408 24,180
Research and development 2,223 4,063 11,344 12,663
Technology operations 6,719 7,287 20,612 21,513
Selling and marketing 3,440 5,404 12,629 15,727
General and administrative 8,868 11,664 28,922 32,425
Depreciation, amortization and accretion 828 2,568 2,633 7,752
Severance and restructuring 1,503 82 6,448 256
Total operating expenses 30,205 39,408 103,996 114,516
Operating income (loss) 3,539 (3,557) (2,717) (6,906)
Interest income 129 141 366 263
Other income 98 10 110 13
Income (loss) before income taxes 3,766 (3,406) (2,241) (6,630)
(Provision for) benefit from income taxes (846) 912 (129) 1,120
Net income (loss) $ 2,920 $ (2,494) $ (2,370) $ (5,510)
Basic net income (loss) per common share (in usd per share) $ 0.15 $ (0.13) $ (0.12) $ (0.28)
Diluted net income (loss) per common share (in usd per share) $ 0.15 $ (0.13) $ (0.12) $ (0.28)
Basic weighted average common shares outstanding (in shares) 19,693,659 19,464,893 19,661,849 19,378,543
Diluted weighted average common shares outstanding (in shares) 19,901,267 19,464,893 19,661,849 19,378,543
Cash dividends declared per common share (in usd per share) $ 0.3125 $ 0.1250 $ 0.9375 $ 0.3750
Wireless revenue        
Revenue:        
Total revenue $ 19,054 $ 19,644 $ 56,601 $ 59,623
Software revenue        
Revenue:        
Total revenue $ 14,690 $ 16,207 $ 44,678 $ 47,987