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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenue      
Total revenue $ 242,433 $ 179,917 $ 159,218
Costs and expenses      
Total costs and expenses 156,404 117,497 106,874
Selling, general and administrative expenses      
Sales and marketing 19,655 6,176 5,951
Research and development 19,096 14,243 10,647
General and administrative 88,742 41,704 30,721
Selling, general and administrative expenses 127,493 62,123 47,319
Operating (loss) income (41,464) 297 5,025
Other income (expenses)      
Gain on redemption of public preferred stock 0 14,012 0
Non-operating (expense) income (921) (255) 201
Interest expense (777) (7,259) (7,467)
(Loss) income before income taxes (43,162) 6,795 (2,241)
Benefit from income taxes 28 46 104
Net (loss) income (43,134) 6,841 (2,137)
Less: Net income attributable to non-controlling interest 0 (5,154) (4,264)
Net (loss) income attributable to Telos Corporation $ (43,134) $ 1,687 $ (6,401)
Net (loss) earnings per share attributable to Telos Corporation, basic (in dollars per share) $ (0.65) $ 0.04 $ (0.17)
Net (loss) earnings per share attributable to Telos Corporation, diluted (in dollars per share) $ (0.65) $ 0.04 $ (0.17)
Weighted-average shares of common stock outstanding, basic (in shares) 66,374,000 41,642,000 37,729,000
Weighted-average shares of common stock outstanding, diluted (in shares) 66,374,000 42,877,000 37,729,000
Services      
Revenue      
Total revenue $ 221,548 $ 161,180 $ 143,581
Costs and expenses      
Total costs and expenses 143,357 106,969 98,772
Products      
Revenue      
Total revenue 20,885 18,737 15,637
Costs and expenses      
Total costs and expenses $ 13,047 $ 10,528 $ 8,102