XML 11 R4.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Condensed Consolidated Statements of Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Revenues $ 78,969 $ 90,007 $ 159,141 $ 180,666
Cost of revenues 40,315 44,995 82,383 88,582
Gross profit 38,654 45,012 76,758 92,084
Operating expenses        
General and administrative 27,487 14,599 45,650 31,900
Research and development 3,418 3,257 6,774 6,457
Sales and marketing 10,354 10,856 21,622 21,247
Depreciation and amortization 4,412 4,926 8,788 9,739
Total operating expenses 45,671 33,638 82,834 69,343
(Loss) Income from operations (7,017) 11,374 (6,076) 22,741
Other expenses        
Change in fair value of Private Warrants (27) (320) (11) (510)
Interest expense 17,750 16,192 35,258 31,962
Loss before income taxes (24,740) (4,498) (41,323) (8,711)
Income tax provision 560 182 856 477
Net loss (25,300) (4,680) (42,179) (9,188)
Other comprehensive (loss) income, net of tax        
Foreign currency translation (941) (177) (2,853) 648
Total other comprehensive (loss) income, net of tax (941) (177) (2,853) 648
Comprehensive loss $ (26,241) $ (4,857) $ (45,032) $ (8,540)
Net loss per share - basic $ (0.58) $ (0.11) $ (0.98) $ (0.21)
Net loss per share - diluted $ (0.58) $ (0.11) $ (0.98) $ (0.21)
Weighted average shares outstanding - basic 43,266,122 42,959,827 43,176,195 42,931,711
Weighted average shares outstanding - diluted 43,266,122 42,959,827 43,176,195 42,931,711