Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.24.0.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]    
Revenue $ 148,598 $ 134,010
Cost of revenue 82,679 70,053
Gross profit 65,919 63,957
Operating expenses:    
Personnel 22,612 14,404
Marketing and promotion 5,977 3,736
General and administrative 22,132 20,735
Acquisition-related and other 695 961
Bad debt 118 3,752
Total operating expenses 51,534 43,588
Income from operations 14,385 20,369
Interest and other (expense) income:    
Interest expense (9,185) (1,693)
Interest income 270 959
Loss on extinguishment of debt (10,431) 0
Other expense, net (1,635) (127)
Total interest and other expense, net (20,981) (861)
(Loss) income before income taxes (6,596) 19,508
Provision for income taxes 9,411 5,894
Net (loss) income (16,007) 13,614
Less: Net income attributable to noncontrolling interests 24 146
Net (loss) income attributable to common stockholders $ (16,031) $ 13,468
Net (loss) income per share attributable to common stockholders:    
Basic (in dollars per share) $ (0.04) $ 0.04
Diluted (in dollars per share) $ (0.04) $ 0.04
Weighted average common shares outstanding:    
Basic (in shares) 363,403 337,697
Diluted (in shares) 363,403 380,289