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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Total revenue $ 216,887 $ 242,433 $ 179,917
Total cost of sales 137,844 156,404 117,497
Gross profit 79,043 86,029 62,420
Selling, general and administrative expenses:      
Sales and marketing 16,582 19,655 6,176
Research and development 16,918 19,096 14,243
General and administrative 99,393 88,742 41,704
Total selling, general and administrative expenses 132,893 127,493 62,123
Operating (loss)/income (53,850) (41,464) 297
Other income/(expense) 1,350 (921) (255)
Interest expense (874) (777) (7,259)
Gain on redemption of public preferred stock 0 0 14,012
(Loss)/income before income taxes (53,374) (43,162) 6,795
(Provision for)/benefit from income taxes (54) 28 46
Net (loss)/income (53,428) (43,134) 6,841
Less: Net income attributable to non-controlling interest 0 0 (5,154)
Net (loss)/income attributable to Telos Corporation $ (53,428) $ (43,134) $ 1,687
Net (loss)/earnings per share:      
Basic (in dollars per share) $ (0.79) $ (0.65) $ 0.04
Diluted (in dollars per share) $ (0.79) $ (0.65) $ 0.04
Weighted-average share outstanding:      
Basic (in shares) 67,559 66,374 41,642
Diluted (in shares) 67,559 66,374 42,877
Services      
Total revenue $ 192,742 $ 221,548 $ 161,180
Total cost of sales 121,334 143,357 106,969
Products      
Total revenue 24,145 20,885 18,737
Total cost of sales $ 16,510 $ 13,047 $ 10,528