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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Total revenue $ 34,909 $ 33,180
Cost of revenue (exclusive of items shown separately below) 7,139 6,536
Research and development 2,951 2,493
Technology operations 6,299 6,587
Selling and marketing 4,149 3,901
General and administrative 7,984 7,700
Depreciation and accretion 1,068 1,236
Severance and restructuring 428 10
Total operating expenses 30,018 28,463
Operating income 4,891 4,717
Interest income 254 272
Other (expense) income (2) 53
Income before income taxes 5,143 5,042
Provision for income taxes (907) (1,925)
Net income $ 4,236 $ 3,117
Basic net income per common share (in usd per share) $ 0.21 $ 0.16
Diluted net income per common share (in usd per share) $ 0.21 $ 0.15
Basic weighted average common shares outstanding (in shares) 20,170,548 19,897,445
Diluted weighted average common shares outstanding (in shares) 20,446,587 20,182,692
Cash dividends declared per common share (in usd per share) $ 0.3125 $ 0.3125
Wireless revenue    
Total revenue $ 18,595 $ 19,028
Software revenue    
Total revenue $ 16,314 $ 14,152