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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenue        
Revenue $ 52,559 $ 48,610 $ 108,317 $ 87,589
Costs and expenses        
Total costs and expenses 32,002 31,037 73,402 57,774
Selling, general and administrative expenses        
Sales and marketing 5,043 1,473 8,869 3,065
Research and development 5,327 3,815 9,388 7,472
General and administrative 28,743 7,219 48,708 13,809
Selling, general and administrative expenses 39,113 12,507 66,965 24,346
Operating (loss) income (18,556) 5,066 (32,050) 5,469
Other income (expense)        
Other income (expense) 32 4 (1,022) 12
Interest expense (192) (1,996) (388) (4,013)
(Loss) income before income taxes (18,716) 3,074 (33,460) 1,468
(Provision for) benefit from income taxes (13) (2) (47) 144
Net (loss) income (18,729) 3,072 (33,507) 1,612
Less: Net income attributable to non-controlling interest 0 (2,806) 0 (3,590)
Net (loss) income attributable to Telos Corporation $ (18,729) $ 266 $ (33,507) $ (1,978)
Net (loss) income per share attributable to Telos Corporation, basic (in dollars per share) $ (0.28) $ 0.01 $ (0.51) $ (0.05)
Net (loss) income per share attributable to Telos Corporation, diluted (in dollars per share) $ (0.28) $ 0.01 $ (0.51) $ (0.05)
Weighted-average shares of common stock outstanding, basic (in dollars per share) 66,616 38,583 65,621 38,328
Weighted-average shares of common stock outstanding, diluted (in dollars per share) 66,616 39,927 65,621 38,328
Services        
Revenue        
Revenue $ 47,618 $ 45,486 $ 99,676 $ 80,044
Costs and expenses        
Total costs and expenses 29,501 29,378 69,103 54,243
Products        
Revenue        
Revenue 4,941 3,124 8,641 7,545
Costs and expenses        
Total costs and expenses $ 2,501 $ 1,659 $ 4,299 $ 3,531