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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenue $ 64,552 $ 66,535 $ 201,673 $ 179,459
Costs and expenses:        
Cost of revenue (exclusive of depreciation and amortization) 44,568 41,744 138,530 115,120
Sales and marketing 2,717 3,640 9,209 9,909
Product development 2,040 1,680 6,485 3,556
General and administrative 14,049 9,775 34,378 25,387
Depreciation and amortization 3,642 3,352 10,265 10,021
Write-off of long-lived assets 280 280
Spin-off transaction costs 7,708
Total costs and expenses 67,296 60,191 199,147 171,701
(Loss) income from operations (2,744) 6,344 2,526 7,758
Interest expense, net (1,719) (1,882) (5,264) (6,209)
(Loss) income before income taxes from continuing operations (4,463) 4,462 (2,738) 1,549
Income tax benefit 35
Net (loss) income from continuing operations (4,463) 4,462 (2,703) 1,549
Discontinued operations:        
Loss from operations of discontinued operations, net of $0 income taxes (2,084)
Loss on disposal of discontinued operations, net of $0 income taxes (19,040)
Net loss from discontinued operations (21,124)
Net (loss) income $ (4,463) $ 4,462 $ (2,703) $ (19,575)
Basic and diluted (loss) income per share:        
Continuing operations (in dollars per share) $ (0.06) $ 0.06 $ (0.03) $ 0.02 [1]
Discontinued operations (in dollars per share) (0.28)
Net (loss) income (in dollars per share) $ (0.06) $ 0.06 $ (0.03) $ (0.26)
Weighted average number of shares outstanding:        
Basic and diluted (in shares) 79,569,210 78,199,633 79,389,131 76,002,514
[1] Contains summation difference due to rounding.