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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenue        
Rental revenue $ 58,196 $ 53,439 $ 122,338 $ 107,570
Other revenue 667 697 1,586 1,649
Total revenue 58,863 54,136 123,924 109,219
Cost of revenue 48,935 44,669 97,508 87,882
Gross profit 9,928 9,467 26,416 21,337
Operating expenses 12,549 13,477 25,237 29,044
Income (loss) from operations (2,621) (4,010) 1,179 (7,707)
Loss on partial extinguishment of debt 0 0 0 (2,391)
Interest expense and other fees (4,674) (4,098) (9,201) (9,287)
Interest income 359 427 683 1,047
Change in fair value of warrant liability 109 257 (53) 389
Loss before income taxes (6,827) (7,424) (7,392) (17,949)
Provision for income taxes (61) (14) (66) (34)
Net loss $ (6,888) $ (7,438) $ (7,458) $ (17,983)
Weighted average common shares outstanding - basic (in shares) 4,286,000 4,073,000 4,264,000 4,023,000
Weighted average common shares outstanding - diluted (in shares) 4,286,000 4,073,000 4,264,000 4,023,000
Net loss per common share - basic (in dollars per share) $ (1.61) $ (1.83) $ (1.75) $ (4.47)
Net loss per common share - diluted (in dollars per share) $ (1.61) $ (1.83) $ (1.75) $ (4.47)