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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Net revenues:        
Net revenues $ 89,782 $ 75,248 $ 186,490 $ 157,880
Operating expenses:        
Selling, general and administrative 24,095 29,589 47,308 49,690
Depreciation and amortization 9,012 7,823 17,264 15,194
Transaction related costs and restructuring charges 5,754 1,556 6,395 2,642
Change in fair value of contingent consideration 0 96 0 96
Total operating expenses 98,167 82,148 192,985 161,254
Operating income (loss) (8,385) (6,900) (6,495) (3,374)
Other income (expense):        
Loss on extinguishment of debt 0 (5,015) 0 (5,015)
Interest expense (4,188) (6,394) (7,908) (11,861)
Total other expense, net (4,188) (11,409) (7,908) (16,876)
Income (loss) before income taxes (12,573) (18,309) (14,403) (20,250)
Income tax (expense) benefit 2,683 5,166 3,359 6,173
Net income (loss) attributable to common shareholders $ (9,890) $ (13,143) $ (11,044) $ (14,077)
Income (loss) per common share – Basic and diluted        
Net income (loss) per common share - diluted (in usd per share) $ (0.14) $ (0.21) $ (0.15) $ (0.23)
Net income (loss) per common share - basic (in usd per share) $ (0.14) $ (0.21) $ (0.15) $ (0.23)
Foreign currency translation adjustments $ (58) $ (5) $ (72) $ (12)
Comprehensive income (loss) (9,948) (13,148) (11,116) (14,089)
Services        
Net revenues:        
Net revenues 43,828 42,284 90,308 85,811
Operating expenses:        
Cost of services and products [1] 22,397 20,785 47,873 44,806
Products        
Net revenues:        
Net revenues 45,954 32,964 96,182 72,069
Operating expenses:        
Cost of services and products [1] $ 36,909 $ 22,299 $ 74,145 $ 48,826
[1] Excludes amortization of intangible assets and depreciation, which are separately stated below.