Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
Mar. 31, 2022	Mar. 31, 2021
Net revenues (note 10)	$ 81,099	$ 70,875
Cost of revenues (note 10)
Direct cost of revenues	49,421	46,187
Network, other costs	4,180	3,238
Network, depreciation of property and equipment	5,895	3,638
Network, amortization of intangible assets (note 6)	378	299
Network, impairment of property and equipment	27	60
Total cost of revenues	59,901	53,422
Gross profit	21,198	17,453
Expenses:
Sales and marketing	11,987	8,311
Technical operations and development	3,765	3,132
General and administrative	7,296	4,953
Depreciation of property and equipment	148	121
Loss on disposition of property and equipment	385	0
Amortization of intangible assets (note 6)	2,465	2,320
Loss (gain) on currency forward contracts (note 5)	0	(253)
Total expenses	26,046	18,584
Income from operations	(4,848)	(1,131)
Other income (expenses):
Interest expense, net	(1,796)	(936)
Gain on sale of Ting customer assets, net (note 17)	4,752	5,395
Other expense, net	(50)	(96)
Total other income (expenses)	2,906	4,363
Income before provision for income taxes	(1,942)	3,232
Provision for income taxes (note 8)	1,078	1,083
Net income for the period	(3,020)	2,149
Other comprehensive income, net of tax
Unrealized income (loss) on hedging activities (note 5)	968	368
Net amount reclassified to earnings (note 5)	66	(834)
Other comprehensive income net of tax expense (recovery) of $329 and ($140) for the three months ended March 31, 2022 and March 31, 2021 (note 5)	1,034	(466)
Comprehensive income, net of tax for the period	$ (1,986)	$ 1,683
Basic earnings per common share (note 9) (in dollars per share)	$ (0.28)	$ 0.20
Shares used in computing basic earnings per common share (note 9) (in shares)	10,754,758	10,617,807
Diluted earnings per common share (note 9) (in dollars per share)	$ (0.28)	$ 0.20
Shares used in computing diluted earnings per common share (note 9) (in shares)	10,754,758	10,796,762

The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets net of cost of services amortization. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.

No definition available.