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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenue        
Revenue $ 70,066 $ 47,440 $ 178,383 $ 135,029
Costs and expenses        
Total costs and expenses 43,998 30,878 117,400 88,652
Selling, general and administrative expenses        
Sales and marketing 5,363 1,491 14,233 4,556
Research and development 5,396 3,598 14,783 11,070
General and administrative 20,562 6,960 69,271 20,769
Selling, general and administrative expenses 31,321 12,049 98,287 36,395
Operating (loss) income (5,253) 4,513 (37,304) 9,982
Other income (expense)        
Other income (expense) 20 2 (1,001) 14
Interest expense (195) (2,013) (583) (6,026)
(Loss) income before income taxes (5,428) 2,502 (38,888) 3,970
Benefit from (provision for) income taxes 41 (8) (6) 136
Net (loss) income (5,387) 2,494 (38,894) 4,106
Less: Net income attributable to non-controlling interest 0 (2,694) 0 (6,284)
Net loss attributable to Telos Corporation $ (5,387) $ (200) $ (38,894) $ (2,178)
Net (loss) income per share attributable to Telos Corporation, basic (in dollars per share) $ (0.08) $ (0.01) $ (0.59) $ (0.06)
Net (loss) income per share attributable to Telos Corporation, diluted (in dollars per share) $ (0.08) $ (0.01) $ (0.59) $ (0.06)
Weighted-average shares of common stock outstanding, basic (in dollars per share) 66,755 39,002 65,999 38,554
Weighted-average shares of common stock outstanding, diluted (in dollars per share) 66,755 39,002 65,999 38,554
Services        
Revenue        
Revenue $ 63,690 $ 44,166 $ 163,366 $ 124,210
Costs and expenses        
Total costs and expenses 40,031 28,619 109,134 82,862
Products        
Revenue        
Revenue 6,376 3,274 15,017 10,819
Costs and expenses        
Total costs and expenses $ 3,967 $ 2,259 $ 8,266 $ 5,790