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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Revenue $ 33,555 $ 36,996 $ 89,679 $ 99,486
Cost of revenue (includes amortization of platform development and developed technology for the three months ended September 30, 2024 and 2023 of $1,474 and $2,191, respectively and for the nine months ended September 30, 2024 and 2023 of $4,530 and $6,883, respectively) 16,562 23,046 53,035 61,991
Gross profit 16,993 13,950 36,644 37,495
Operating expenses        
Selling and marketing 2,011 6,422 10,326 19,173
General and administrative 6,023 10,940 24,790 35,516
Depreciation and amortization 905 1,055 2,805 3,216
Loss on impairment of assets 1,198 119
Total operating expenses 8,939 18,417 39,119 58,024
Income (loss) from operations 8,054 (4,467) (2,475) (20,529)
Other expense        
Change in fair value of contingent consideration (60) (313) (469)
Interest expense (3,159) (4,042) (11,747) (13,225)
Liquidated damages (77) (151) (229) (455)
Total other expenses (3,236) (4,253) (12,289) (14,149)
Income (loss) before income taxes 4,818 (8,720) (14,764) (34,678)
Income tax provision (40) (52) (116) (145)
Income (loss) from continuing operations 4,778 (8,772) (14,880) (34,823)
Loss from discontinued operations, net of tax (822) (2,394) (92,709) (15,204)
Net income (loss) $ 3,956 $ (11,166) $ (107,589) $ (50,027)
Basic and diluted net income (loss) per common share        
Continuing operations - Basic $ 0.13 $ (0.37) $ (0.48) $ (1.61)
Continuing operations - Diluted 0.13 (0.37) (0.48) (1.61)
Discontinued operations - Basic (0.02) (0.10) (2.96) (0.70)
Discontinued operations - Diluted (0.02) (0.10) (2.96) (0.70)
Basic net income (loss) per common share 0.11 (0.47) (3.44) (2.31)
Diluted net income (loss) per common share $ 0.11 $ (0.47) $ (3.44) $ (2.31)
Weighted average number of common shares outstanding - Basic 37,610,058 23,445,675 31,291,641 21,567,166
Weighted average number of common shares outstanding - Diluted 37,610,058 23,445,675 31,291,641 21,567,166