XML 24 R4.htm IDEA: XBRL DOCUMENT v3.23.2
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenue $ 82,145 $ 98,361 $ 159,399 $ 187,424
Costs and expenses:        
Cost of revenue (exclusive of depreciation and amortization) 59,540 70,026 117,812 137,589
Sales and marketing 4,215 4,484 9,028 8,336
Product development 4,615 4,802 9,553 9,357
General and administrative 3,941 11,688 16,266 22,975
Depreciation and amortization 3,095 3,332 5,454 6,639
Goodwill impairment and write-off of intangible assets 0 55,400 25,700 55,528
Loss on disposal of property and equipment 0 21 0 21
Total costs and expenses 75,406 149,753 183,813 240,445
Income (loss) from operations 6,739 (51,392) (24,414) (53,021)
Interest expense, net (795) (430) (1,484) (814)
Income (loss) before income taxes 5,944 (51,822) (25,898) (53,835)
Income tax expense (1,693) (5,122) (1,794) (5,122)
Net income (loss) $ 4,251 $ (56,944) $ (27,692) $ (58,957)
Basic and diluted income (loss) per share:        
Basic (in dollars per share) $ 0.05 $ (0.70) $ (0.34) $ (0.73)
Diluted (in dollars per share) $ 0.05 $ (0.70) $ (0.34) $ (0.73)
Weighted average number of shares outstanding:        
Basic (in shares) 82,727,971 81,493,821 82,323,854 81,193,107
Diluted (in shares) 82,752,646 81,493,821 82,323,854 81,193,107