XML 19 R4.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED AND COMBINED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Mar. 19, 2019
Dec. 31, 2019
Dec. 31, 2021
Dec. 31, 2020
REVENUES        
REVENUES $ 118,452 $ 443,781 $ 144,031 $ 120,925
COST OF REVENUES AND OPERATING EXPENSES        
Administrative 2,498 13,986 15,526 18,957
Salary, benefits and payroll taxes 29,349 32,300 28,151 20,138
Amortization of intangible assets 755 13,174 16,829 16,823
Goodwill and tradename intangible assets impairment       190,777
Total cost of revenues and operating expenses 133,395 442,657 196,091 385,929
(Loss) income from operations (14,943) 1,124 (52,060) (265,004)
OTHER (EXPENSE) INCOME, NET        
Interest expense and warrant issuance costs (6,316) (13,522) (13,488) (16,089)
Loss on extinguishment of debt (3,413)      
Interest and other income   43 55 30
Change in fair value of warrant liabilities   (19,700) (2,600) (6,100)
Total other expense, net (9,729) (33,179) (16,033) (22,159)
Loss before income tax expense (benefit) (24,672) (32,055) (68,093) (287,163)
INCOME TAX EXPENSE (BENEFIT) 109 (120) 429 814
NET LOSS (24,781) (31,935) (68,522) (287,977)
Net income attributable to noncontrolling interest 678 3,334    
NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS AND PARENT, RESPECTIVELY (25,459) $ (35,269) [1] $ (68,522) [1] $ (287,977) [1]
NET LOSS PER VOTING AND NON-VOTING SHARE        
Basic and diluted   $ (0.58) $ (0.76) $ (3.87)
WEIGHTED-AVERAGE SHARES OUTSTANDING        
Basic and diluted [2]   61,118 90,134 74,359
Service [Member]        
REVENUES        
REVENUES 91,280 $ 339,793 $ 115,945 $ 93,682
COST OF REVENUES AND OPERATING EXPENSES        
Cost of Revenue 76,836 292,844 108,939 107,258
Product [Member]        
REVENUES        
REVENUES 27,172 103,988 28,086 27,243
COST OF REVENUES AND OPERATING EXPENSES        
Cost of Revenue $ 23,957 $ 90,353 $ 26,646 $ 31,976
[1] Calculated as total net loss less amounts attributable to noncontrolling interest.
[2] Potential common shares under the treasury stock 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 options, warrants, deferred shares and restricted stock.