XML 15 R4.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME        
Revenues $ 73,944 $ 60,317 $ 210,758 $ 178,889
Cost of revenues 28,769 23,030 82,327 65,860
Operating expenses:        
Sales and marketing 5,082 3,106 13,423 8,773
Research and development 4,530 3,295 13,862 9,139
General and administrative 26,199 13,403 60,795 36,125
Intangible asset amortization 9,592 9,374 28,527 28,056
Depreciation and amortization expense 533 614 1,687 1,836
Total operating expenses 45,936 29,792 118,294 83,929
(Loss) income from operations (761) 7,495 10,137 29,100
Other income (expenses):        
Interest expense (3,289) (5,929) (13,549) (19,810)
Miscellaneous, net 657 11 194 456
Total other (expenses) (2,632) (5,918) (13,355) (19,354)
(Loss) income before income taxes (3,393) 1,577 (3,218) 9,746
(Benefit) provision of income taxes (1,631) 350 349 4,696
Net (loss) income (1,762) 1,227 (3,567) 5,050
Other comprehensive (loss) income:        
Foreign currency translation adjustment (2,798) 3,403 (4,041) 513
Change in fair value of interest rate swap, net of tax $(16), $97, $145, and $(488) (47) 311 430 (1,530)
Reclassification of fair value of interest rate swap, net of tax of $0, 0, $(765), and 0     2,268  
Total other comprehensive (loss) income (2,845) 3,714 (1,343) (1,017)
Comprehensive (loss) income $ (4,607) $ 4,941 $ (4,910) $ 4,033
Net (loss) income per share attributable to common stockholders:        
Basic (in dollar per share) $ (0.01) $ 0.01 $ (0.02) $ 0.04
Diluted (in dollar per share) $ (0.01) $ 0.01 $ (0.02) $ 0.04
Weighted average common shares outstanding:        
Basic (in shares) 149,016,609 132,407,786 147,894,227 132,407,786
Diluted (in shares) 149,016,609 132,407,786 147,894,227 132,407,786