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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
NET REVENUE $ 27,377 $ 28,090 $ 55,009 $ 54,052
OPERATING EXPENSES:        
Direct operating costs 14,480 15,242 29,944 30,419
Selling and marketing 1,118 1,664 2,249 3,434
General and administrative 4,358 4,028 8,690 7,749
Research and development 1,020 1,055 2,255 1,968
Depreciation and amortization 3,382 3,714 6,719 7,644
Restructuring costs 23 116 137 438
Total operating expenses 24,381 25,819 49,994 51,652
OPERATING INCOME 2,996 2,271 5,015 2,400
OTHER:        
Interest income 51 24 93 51
Interest expense (68) (288) (126) (653)
Other expense - net (35) (294) (49) (287)
INCOME BEFORE PROVISION FOR INCOME TAXES 2,944 1,713 4,933 1,511
Income tax provision 42 39 83 78
NET INCOME 2,902 1,674 4,850 1,433
Preferred stock dividend 1,365 3,923 4,176 5,235
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS $ 1,537 $ (2,249) $ 674 $ (3,802)
Net income (loss) per common share: basic $ 0.04 $ (0.14) $ 0.02 $ (0.24)
Net income (loss) per common share: diluted $ 0.04 $ (0.14) $ 0.02 $ (0.24)
Weighted-average common shares used to compute basic loss per share 42,321,629 16,132,420 33,118,912 16,073,364
Weighted-average common shares used to compute diluted loss per share 42,321,629 16,132,420 33,118,912 16,073,364