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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenue:        
Total revenue $ 76,834 $ 76,255 $ 149,661 $ 137,214
Cost of revenue, exclusive of depreciation and amortization shown below:        
Total cost of revenue, exclusive of depreciation and amortization 51,698 45,156 99,771 86,824
Operating expenses:        
Research and development 3,821 5,197 8,649 10,747
Sales and marketing 5,027 6,871 10,567 11,721
General and administrative 16,327 12,883 33,294 26,626
Change in fair value of acquisition-related contingent consideration (income) expense (100) 1,830 600 3,006
Depreciation and amortization 10,211 9,078 20,124 15,377
Total operating expenses 35,286 35,859 73,234 67,477
Loss from operations (10,150) (4,760) (23,344) (17,087)
Interest expense, net 4,668 4,308 9,278 7,001
Loss before income taxes (14,818) (9,068) (32,622) (24,088)
Income tax benefit (508) (2,539) (3,875) (6,580)
Net loss $ (14,310) $ (6,529) $ (28,747) $ (17,508)
Net loss per share, basic and diluted (in dollars per share) $ (0.66) $ (0.32) $ (1.34) $ (0.86)
Weighted average common shares outstanding, basic and diluted (in shares) 21,556,646 20,482,032 21,465,772 20,433,564
Product        
Revenue:        
Total revenue $ 39,373 $ 33,372 $ 76,460 $ 64,354
Cost of revenue, exclusive of depreciation and amortization shown below:        
Total cost of revenue, exclusive of depreciation and amortization 29,042 24,861 56,241 48,336
Service        
Revenue:        
Total revenue 37,461 42,883 73,201 72,860
Cost of revenue, exclusive of depreciation and amortization shown below:        
Total cost of revenue, exclusive of depreciation and amortization $ 22,656 $ 20,295 $ 43,530 $ 38,488