XML 20 R4.htm IDEA: XBRL DOCUMENT v3.25.1
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Operating revenues $ 74,154 $ 96,846
Operating expenses    
Total operating expenses 63,021 86,657
General and administrative 9,460 12,559
Severance expense 486 2,208
Depreciation and amortization 5,736 8,492
Total operating costs 78,703 109,916
Loss from operations (4,549) (13,070)
Other income (expense):    
Interest income 308 576
Interest expense (159) (103)
Other income, net 288 354
Loss before income tax (4,112) (12,243)
Current (6) (25)
Deferred (1) 121
Income tax (expenses) benefit (7) 96
Net loss (4,119) (12,147)
Other comprehensive (loss) income:    
Net unrealized (loss) income on foreign exchange rate translation (571) 161
Comprehensive loss $ (4,690) $ (11,986)
Basic loss per share of common stock (in dollars per share) $ (0.13) $ (0.45)
Diluted loss per share of common stock (in dollars per share) $ (0.13) $ (0.45)
Weighted average equivalent common shares outstanding 30,879,855 26,752,055
Weighted average equivalent common shares outstanding - assuming dilution 30,879,855 26,752,055
Fee Revenue    
Operating revenues $ 53,479 $ 61,447
Operating expenses    
Total operating expenses 42,346 51,508
Reimbursable Revenue    
Operating revenues 20,675 35,399
Operating expenses    
Total operating expenses $ 20,675 $ 35,149