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Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Revenues, net $ 36,289 $ 49,667 $ 111,897 $ 137,909
Cost of revenues 24,037 31,653 72,302 86,919
Gross profit 12,252 18,014 39,595 50,990
Operating expense:        
General and administrative 12,089 15,408 39,659 45,366
Research and development 1,022 979 3,178 2,101
Impairment of goodwill 0 13,226 0 13,226
Total operating expense 13,111 29,613 42,837 60,693
Loss from operations (859) (11,599) (3,242) (9,703)
Other (expense) income:        
Interest expense, net (2,550) (2,987) (7,723) (8,222)
Other income (expense), net 330 (181) (98) (231)
Change in fair value of derivative liabilities 6 90 202 50
Total other expense (2,214) (3,078) (7,619) (8,403)
Loss before income taxes (3,073) (14,677) (10,861) (18,106)
Income tax benefit (expense) 12 (3,073) (767) (3,379)
Net loss (3,061) (17,750) (11,628) (21,485)
Fixed dividends - Series B Preferred (317) (317) (952) (952)
Net loss attributable to common stockholders - basic (3,378) (18,067) (12,580) (22,437)
Net loss attributable to common stockholders - diluted (3,378) (18,067) (12,580) (22,437)
Comprehensive loss:        
Net loss (3,061) (17,750) (11,628) (21,485)
Other comprehensive loss:        
Foreign currency translation adjustment 2,270 (2,854) 1,412 (574)
Total comprehensive loss $ (791) $ (20,604) $ (10,216) $ (22,059)
Net loss per common share – basic (in dollars per share) $ (0.34) $ (1.90) $ (1.29) $ (2.39)
Net loss per common share - diluted (in dollars per share) $ (0.34) $ (1.90) $ (1.29) $ (2.39)
Weighted average number of common shares outstanding – basic (in shares) 9,823 9,484 9,775 9,399
Weighted average number of common shares outstanding – diluted (in shares) 9,823 9,484 9,775 9,399