XML 13 R4.htm IDEA: XBRL DOCUMENT v3.21.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Revenues, net $ 442,117 $ 284,360 $ 1,316,192 $ 798,452
Operating expenses:        
Selling, general and administrative costs (141,219) (131,526) (402,378) (368,247)
Depreciation (2,657) (2,918) (9,243) (8,151)
Amortization (128,026) (65,696) (383,270) (168,049)
Restructuring and impairment 15,621 3,192 121,988 26,792
Income (Loss) from Continuing Operations before Interest Expense, Interest Income, Income Taxes, Noncontrolling Interests, Net 92,085 (157,417) 76,320 (250,901)
Other operating (expense) income, net (4,411) (138) (19,741) 14,675
Loss from operations 9,072 (12,664) (36,887) (26,726)
Fair Value Adjustment of Warrants 83,013 (144,753) 113,207 (224,175)
Interest expense and amortization of debt discount, net (65,194) (20,244) (141,156) (72,306)
Income (loss) before income tax 26,891 (177,661) (64,836) (323,207)
Provision for income taxes (3,579) (4,325) (18,016) (13,693)
Net loss $ 23,312 $ (181,986) $ (82,852) $ (336,900)
Per share:        
Basic (usd per share) $ 0 $ (0.47) $ (0.17) $ (0.91)
Weighted-average shares outstanding:        
Weighted Average Number of Shares Outstanding, Basic 640,834,827 387,845,438 622,460,931 369,019,802
Revenues $ 442,117 $ 284,360 $ 1,316,192 $ 798,452
Cost of Revenue (141,111) (93,554) (416,459) (268,614)
Selling, General and Administrative Expense 141,219 131,526 402,378 368,247
Depreciation 2,657 2,918 9,243 8,151
Amortization of intangible assets 128,026 65,696 383,270 168,049
Restructuring and impairment 15,621 3,192 121,988 26,792
Other operating (expense) income, net (4,411) (138) (19,741) 14,675
Total operating expenses 433,045 297,024 1,353,079 825,178
Income (loss) from operations 9,072 (12,664) (36,887) (26,726)
Income (Loss) from Continuing Operations before Interest Expense, Interest Income, Income Taxes, Noncontrolling Interests, Net 92,085 (157,417) 76,320 (250,901)
Interest Expense 65,194 20,244 141,156 72,306
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 26,891 (177,661) (64,836) (323,207)
Income Tax Expense (Benefit) 3,579 4,325 18,016 13,693
Net loss 23,312 (181,986) (82,852) (336,900)
Preferred Stock Dividends, Income Statement Impact 22,431   22,431  
Net Income (Loss) Available to Common Stockholders, Diluted 881 (181,986) (105,283) (336,900)
Net Income (Loss) Available to Common Stockholders, Basic, Total $ 881 $ (181,986) $ (105,283) $ (336,900)
Diluted (usd per share) $ 0 $ (0.47) $ (0.17) $ (0.91)
Basic (usd per share) $ 0 $ (0.47) $ (0.17) $ (0.91)
Weighted Average Number of Shares Outstanding, Diluted 645,933,513 387,845,438 622,460,931 369,019,802
Weighted Average Number of Shares Outstanding, Basic 640,834,827 387,845,438 622,460,931 369,019,802