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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating revenues $ 16,078 $ 31,584
Operating expenses    
Total operating expenses 11,779 21,960
General and administrative 1,994 2,233
Depreciation and amortization 1,271 1,589
Total operating costs 15,044 25,782
Income from operations 1,034 5,802
Other income (expense):    
Interest income 4 113
Interest expense (76) (46)
Other income, net 33 179
Income before income tax 995 6,048
Income tax expense (3) (202)
Net Income 992 5,846
Other comprehensive loss:    
Net unrealized loss on foreign exchange rate translation (30) (160)
Comprehensive Income $ 962 $ 5,686
Basic income per share of common stock (in dollars per share) $ 0.03 $ 0.19
Diluted income per share of common stock (in dollars per share) $ 0.03 $ 0.19
Weighted average equivalent common shares outstanding (in shares) 30,983,445 30,812,329
Weighted average equivalent common shares outstanding - assuming dilution (in shares) 31,035,189 30,812,329
Fee Revenue    
Operating revenues $ 15,259 $ 26,738
Operating expenses    
Total operating expenses 10,960 17,114
Reimbursable Revenue    
Operating revenues 819 4,846
Operating expenses    
Total operating expenses $ 819 $ 4,846