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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue:    
Revenue $ 37,579 $ 37,231
Costs and expenses:    
Operating expenses (exclusive of depreciation and amortization shown separately below) 38,427 40,374
Selling, general, and administrative expenses 17,165 12,842
Depreciation and amortization 10,968 9,763
Interest expense, net 1,464 2,922
Other expense, net 319 310
Restructuring charges 38 0
Total costs and expenses 70,666 68,748
Loss from continuing operations before income taxes (33,087) (31,517)
Income tax benefit (1,866) (1,654)
Income from continuing operations (31,221) (29,863)
Income (loss) from discontinued operations, net of tax (131) 3,620
Net loss (31,352) (26,243)
Net loss attributable to non-redeemable noncontrolling interest 216 923
Net loss attributable to redeemable noncontrolling interest 0 203
Net loss attributable to Pursuit $ (31,136) $ (25,117)
Diluted income (loss) per common share:    
Continuing operations attributable to Pursuit common stockholders [1] $ (1.1) $ (1.46)
Discontinued operations attributable to Pursuit common stockholders [1] (0.01) 0.17
Net loss attributable to Pursuit common stockholders [1] $ (1.11) $ (1.29)
Weighted-average outstanding and potentially dilutive common shares 28,113 21,029
Basic income (loss) per common share:    
Continuing operations attributable to Pursuit common stockholders $ (1.1) $ (1.46)
Discontinued operations attributable to Pursuit common stockholders (0.01) 0.17
Net loss attributable to Pursuit common stockholders $ (1.11) $ (1.29)
Weighted-average outstanding common shares 28,113 21,029
Amounts attributable to Pursuit    
Loss from continuing operations $ (31,005) $ (28,737)
Income (loss) from discontinued operations (131) 3,620
Net loss attributable to Pursuit (31,136) (25,117)
Services    
Revenue:    
Revenue 29,734 28,984
Costs and expenses:    
Cost of food, beverage, and retail products sold 2,285 2,537
Products    
Revenue:    
Revenue $ 7,845 $ 8,247
[1] Diluted income (loss) per common share is calculated using the more dilutive of the two-class method or if-converted method. The two-class method uses net income (loss) available to common stockholders and assumes conversion of all potential shares other than the participating securities. The if-converted method uses net income (loss) available to common stockholders and assumes conversion of all potential shares including the participating securities. Dilutive potential common shares include outstanding stock options, unvested restricted share units and convertible preferred stock. We apply the two-class method in calculating income (loss) per common share as unvested share-based payment awards that contain nonforfeitable rights to dividends and preferred stock are considered participating securities. Accordingly, such securities are included in the earnings allocation in calculating income (loss) per share. The adjustment to the carrying value of the redeemable noncontrolling interest is reflected in income (loss) per common share.