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Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenue    
Total revenue $ 50,068 $ 44,008
Cost of services 4,788 3,362
Gross profit 45,280 40,646
Operating expenses    
General and administrative 7,482 8,212
Selling and marketing 3,733 2,397
Research and development 1,823 591
Total operating expenses 13,038 11,200
Operating income 32,242 29,446
Interest expense (803) (3,289)
Interest income 25 84
Loss on extinguishment of debt 0 (8,778)
Other expense 0 (131)
Income before income taxes 31,464 17,332
Income tax expense 8,310 4,470
Net income $ 23,154 $ 12,862
Net income per common share    
Basic (in dollars per share) $ 0.18 $ 0.10
Diluted (in dollars per share) $ 0.18 $ 0.10
Weighted average common shares outstanding    
Basic (in shares) 126,215,698 126,803,096
Diluted (in shares) 126,216,197 126,837,832
Profit share    
Revenue    
Total revenue $ 28,310 $ 27,730
Program fees    
Revenue    
Total revenue 19,726 14,911
Claims administration and other service fees    
Revenue    
Total revenue $ 2,032 $ 1,367