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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating revenues $ 31,584 $ 29,408
Operating expenses    
Operating expenses 22,342 23,782
General and administrative 1,911 3,499
Depreciation and amortization 1,589 2,700
Total operating costs 25,842 29,981
Income (loss) from operations 5,742 (573)
Other income (expense):    
Interest income 113 108
Interest expense (46) (17)
Other income, net 239 52
Income (loss) before income tax 6,048 (430)
Income tax (expense) benefit (202) 17
Net income (loss) 5,846 (413)
Other comprehensive loss:    
Net unrealized loss on foreign exchange rate translation (160) (6)
Comprehensive income (loss) $ 5,686 $ (419)
Basic income (loss) per share of common stock (in dollars per share) $ 0.19 $ (0.02)
Diluted income (loss) per share of common stock (in dollars per share) $ 0.19 $ (0.02)
Weighted average equivalent common shares outstanding 30,812,329 25,000,564
Weighted average equivalent common shares outstanding - assuming dilution 30,812,329 25,000,564
Fee revenue    
Operating revenues $ 26,738 $ 22,273
Operating expenses    
Operating expenses 17,496 16,647
Reimbursable revenue    
Operating revenues 4,846 7,135
Operating expenses    
Operating expenses $ 4,846 $ 7,135