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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
REVENUES:        
REVENUES $ 200,513 $ 127,382 $ 382,968 $ 215,045
COST OF REVENUES AND OPERATING EXPENSES:        
Administrative 4,519 3,861 8,089 7,694
Salary, benefits and payroll taxes 8,954 7,994 17,875 16,721
Amortization of intangible assets 4,206 4,206 8,412 8,412
Total cost of revenues and operating expenses 187,078 126,358 358,368 220,443
Income (loss) from operations 13,435 1,024 24,600 (5,398)
OTHER INCOME (EXPENSE), NET:        
Interest expense (4,352) (3,544) (8,962) (6,951)
Change in fair value of warrant liabilities (12,201) 58,500 (34,101) 61,900
Total other income (expense), net (16,553) 54,956 (43,063) 54,949
Income (loss) before income tax expense (benefit) (3,118) 55,980 (18,463) 49,551
INCOME TAX EXPENSE (BENEFIT) 59 86 618 (27)
NET INCOME (LOSS) $ (3,177) $ 55,894 $ (19,081) $ 49,578
NET INCOME (LOSS) PER VOTING AND NON-VOTING SHARE        
Basic $ (0.03) [1] $ 0.61 $ (0.2) [1] $ 0.54
Diluted $ (0.03) [1] $ 0.46 $ (0.2) [1] $ 0.39
WEIGHTED-AVERAGE SHARES OUTSTANDING        
Basic 97,471 [1] 92,352 95,456 [1] 92,278
Diluted 97,471 [1] 94,798 95,456 [1] 94,864
Service [Member]        
REVENUES:        
REVENUES $ 163,234 $ 103,616 $ 313,355 $ 174,778
COST OF REVENUES AND OPERATING EXPENSES:        
Cost of Revenue 137,192 87,019 263,520 149,686
Product [Member]        
REVENUES:        
REVENUES 37,279 23,766 69,613 40,267
COST OF REVENUES AND OPERATING EXPENSES:        
Cost of Revenue $ 32,207 $ 23,278 $ 60,472 $ 37,930
[1] Potential common shares under the treasury stock method and the if-converted method were antidilutive because the Company reported a net loss in this period and the effect of the change in the fair value of warrants was antidilutive. Consequently, the Company did not have any adjustments in this period between basic and diluted loss per share related to stock-based awards and warrants.