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Condensed Consolidated Statements of Operations (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenue        
Total revenue $ 375,111 $ 68,481 $ 453,410 $ 150,224
Cost of Revenue        
Depreciation of rental equipment 43,179 19,696 61,023 39,808
Total cost of revenue 328,421 52,139 386,501 112,479
Gross Profit 46,690 16,342 66,909 37,745
Operating Expenses        
Selling, general and administrative expenses 51,264 11,754 63,314 24,193
Amortization 13,332 772 14,086 1,463
Non-rental depreciation 951 28 972 53
Transaction expenses and other 24,575 1,269 35,023 2,721
Total operating expenses 90,122 13,823 113,395 28,430
Operating (Loss) Income (43,432) 2,519 (46,486) 9,315
Other Expense        
Loss on extinguishment of debt 61,695 0 61,695 0
Interest expense, net 19,723 15,949 34,629 31,963
Financing and other expense (income) (2,058) 783 3,799 6,804
Total other expense 79,360 16,732 100,123 38,767
Loss Before Income Taxes (122,792) (14,213) (146,609) (29,452)
Income Tax Expense (Benefit) 6,564 (1,063) 10,654 (333)
Net Loss $ (129,356) $ (13,150) $ (157,263) $ (29,119)
Basic Net Loss Per Share (USD per share) $ (0.53) $ (0.27) $ (1.07) $ (0.59)
Diluted Net Loss Per Share (USD per share) $ (0.53) $ (0.27) $ (1.07) $ (0.59)
Weighted-Average Common Shares Outstanding (in shares) 243,752,075 49,033,903 146,996,815 49,033,903
Weighted-Average-Common Shares Outstanding (in shares) 243,752,075 49,033,903 146,996,815 49,033,903
Revenue        
Revenue        
Total revenue $ 98,539 $ 46,984 $ 146,828 $ 97,978
Cost of Revenue        
Cost of rental revenue 29,013 14,906 45,941 29,392
Equipment sales        
Revenue        
Total revenue 247,675 10,400 265,662 27,070
Cost of Revenue        
Cost of rental revenue 229,339 8,313 243,004 22,695
Parts sales and services        
Revenue        
Total revenue 28,897 11,097 40,920 25,176
Cost of Revenue        
Cost of rental revenue $ 26,890 $ 9,224 $ 36,533 $ 20,584