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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenue $ 58,717 $ 82,145 $ 124,700 $ 159,399
Costs and expenses:        
Cost of revenue (exclusive of depreciation and amortization) 46,109 59,540 93,457 117,812
Sales and marketing 4,605 4,215 9,417 9,028
Product development 4,717 4,615 9,557 9,553
General and administrative 8,856 3,941 19,221 16,266
Depreciation and amortization 2,567 3,095 5,138 5,454
Goodwill and intangible assets impairment 2,241 0 2,241 25,700
Total costs and expenses 69,095 75,406 139,031 183,813
Income (loss) from operations (10,378) 6,739 (14,331) (24,414)
Interest expense, net (1,015) (795) (2,430) (1,484)
Loss on early extinguishment of debt (1,009) 0 (1,009) 0
Income (loss) before income taxes (12,402) 5,944 (17,770) (25,898)
Income tax (expense) benefit 775 (1,693) (133) (1,794)
Net income (loss) $ (11,627) $ 4,251 $ (17,903) $ (27,692)
Basic and diluted income (loss) per share:        
Basic (in dollars per share) $ (0.75) $ 0.31 $ (1.11) $ (2.02)
Diluted (in dollars per share) $ (0.75) $ 0.31 $ (1.11) $ (2.02)
Weighted average number of shares outstanding:        
Basic (in shares) 15,534,989 13,787,995 16,115,293 13,720,643
Diluted (in shares) 15,534,989 13,792,108 16,115,293 13,720,643