XML 17 R4.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Revenue $ 116,120 $ 121,019 $ 230,942 $ 234,363
Cost of revenue 94,800 102,329 191,282 198,444
Gross profit 21,320 18,690 39,660 35,919
Operating expenses:        
Selling, general and administrative 18,690 17,232 37,424 34,377
Change in fair value of contingent consideration 765 0 765 0
Amortization of intangibles 399 104 798 208
Total operating expenses 19,854 17,336 38,987 34,585
Operating income 1,466 1,354 673 1,334
Other (expenses) income:        
Interest expense, net (478) (452) (964) (1,716)
Gain on disposition of property and equipment 147 94 111 8
Loss on early termination of operating lease (32) 0 (849) 0
Loss on early debt extinguishment 0 0 0 (1,961)
Gain on change in fair value of warrant liability 0 0 0 14
Total other expenses (363) (358) (1,702) (3,655)
Income (loss) before income taxes 1,103 996 (1,029) (2,321)
Income tax provision (benefit) 237 264 (379) (771)
Net income (loss) $ 866 $ 732 $ (650) $ (1,550)
Earnings (loss) per common share:        
Basic (in usd per share) $ 0.08 $ 0.07 $ (0.06) $ (0.16)
Diluted (in usd per share) $ 0.08 $ 0.07 $ (0.06) $ (0.16)
Weighted average number of shares outstanding:        
Basic (in shares) 10,423,068 10,251,696 10,421,886 9,737,801
Diluted (in shares) 10,567,304 10,469,028 10,421,886 9,737,801