v3.24.2.u1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Revenue $ 40,438 $ 36,519 $ 78,371 $ 70,899
Cost of revenue 23,529 20,143 44,990 39,135
Gross profit 16,909 16,376 33,381 31,764
Operating expenses:        
Personnel 6,958 5,619 13,423 10,275
Marketing and promotion 1,856 1,666 3,618 2,812
General and administrative 6,804 5,080 12,944 9,385
Acquisition-related and other 350 425 434 615
Bad debt (15) 39 (15) (5)
Total operating expenses 15,953 12,829 30,404 23,082
Income from operations 956 3,547 2,977 8,682
Interest and other (expense) income:        
Interest expense (1,724) (2,640) (3,353) (5,145)
Interest income 25 115 51 214
Other expense, net (30) (10) (50) (910)
Total interest and other expense, net (1,729) (2,535) (3,352) (5,841)
(Loss) income before income taxes (773) 1,012 (375) 2,841
Provision for income taxes 866 1,947 2,556 4,440
Net loss (1,639) (935) (2,931) (1,599)
Less: Net income attributable to noncontrolling interests 12 23 18 4
Net loss attributable to common stockholders $ (1,651) $ (958) $ (2,949) $ (1,603)
Net loss per share attributable to common stockholders:        
Basic (in dollars per share) $ 0.00 $ 0.00 $ (0.01) $ 0.00
Diluted (in dollars per share) $ 0.00 $ 0.00 $ (0.01) $ 0.00
Weighted average common shares outstanding:        
Basic (in shares) 379,514 361,261 377,362 352,079
Diluted (in shares) 379,514 361,261 377,362 352,079

Source