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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenue        
Total revenue $ 68,860 $ 52,389 $ 214,199 $ 160,066
Operating expenses        
Payroll, benefits and related 25,689 25,404 69,394 78,135
Purchased transportation 17,303 7,546 38,024 23,023
Fuel 7,278 5,023 19,131 16,948
Equipment rent 3,736 2,086 9,275 7,743
Maintenance and supplies 2,642 2,263 7,357 7,753
General and administrative 6,335 4,858 17,121 14,086
Operating supplies and expenses 3,748 3,705 11,308 11,722
Depreciation and amortization 4,009 3,816 11,371 10,931
Insurance and claims 1,918 2,077 6,881 7,617
Loss on sale of fixed assets 41   78  
Change in fair value of contingent consideration       296
Total operating expenses 72,723 56,873 190,158 178,640
Operating income (loss) (3,863) (4,484) 24,041 (18,574)
Other income (expense)        
Interest expense (2,784) (3,083) (9,686) (10,148)
Change in fair value of embedded derivative liability 1,311 815 1,407 661
Change in fair value of warrant liabilities 481 (1,726) 2,243 5,534
Gain (loss) on extinguishment of debt 10,163 46 10,953 (10,010)
Other miscellaneous income 10 34 14 34
Total other expense 9,181 (3,914) 4,931 (13,929)
Income (loss) before income taxes 5,318 (8,398) 28,972 (32,503)
(Provision) benefit for income taxes 11 (37) (1,574) (142)
Net income (loss) $ 5,329 $ (8,435) $ 27,398 $ (32,645)
Earnings per share:        
Basic $ 0.17 $ (0.42) $ 0.89 $ (1.68)
Diluted $ 0.16 $ (0.42) $ 0.83 $ (1.68)
Weighted average shares outstanding:        
Basic 30,891,398 20,270,915 30,377,872 19,906,638
Diluted 33,536,838 20,270,915 33,358,162 19,906,638
Trucking [Member]        
Revenue        
Total revenue $ 68,769 $ 52,133 $ 179,160 $ 159,258
Other [Member]        
Revenue        
Total revenue     34,758
CNG [Member]        
Revenue        
Total revenue 91 256 281 808
Operating expenses        
CNG expenses $ 24 $ 95 $ 218 $ 386