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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenue $ 78,280 $ 64,552 $ 228,723 $ 201,673
Costs and expenses:        
Cost of revenue (exclusive of depreciation and amortization) 52,771 44,568 158,402 138,530
Sales and marketing 2,925 2,717 8,643 9,209
Product development 3,355 2,040 9,201 6,485
General and administrative 12,772 14,049 33,892 34,378
Depreciation and amortization 3,906 3,642 11,492 10,265
Goodwill impairment 0 0 817 0
Write-off of long-lived assets 0 280 0 280
Total costs and expenses 75,729 67,296 222,447 199,147
Income (loss) from operations 2,551 (2,744) 6,276 2,526
Interest expense, net (1,317) (1,719) (4,182) (5,264)
Income (loss) before income taxes 1,234 (4,463) 2,094 (2,738)
Income tax (expense) benefit (65) 0 (65) 35
Net income (loss) $ 1,169 $ (4,463) $ 2,029 $ (2,703)
Basic and diluted income (loss) per share:        
Basic (in dollars per share) $ 0.01 $ (0.06) $ 0.03 $ (0.03)
Weighted average number of shares outstanding:        
Basic (in shares) 78,577,974 79,569,210 78,564,262 79,389,131
Diluted (in shares) 79,172,578 79,569,210 79,214,619 79,389,131