XML 17 R4.htm IDEA: XBRL DOCUMENT v3.24.2.u1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues $ 132,401 $ 161,428 $ 274,521 $ 324,836
Cost and expenses        
General and administrative expenses 12,482 14,233 24,747 33,947
Depreciation 6,602 7,433 13,336 14,853
Amortization of intangibles 2,796 2,896 5,592 5,792
(Gain) loss on revaluation of contingent liability (118) 211 (192) (81)
(Gain) loss on sale of property and equipment 27 (98) 1 (428)
Income (loss) from operations (1,436) 9,311 2,983 16,193
Interest expense 12,782 12,994 25,574 25,448
Interest income (154) (299) (464) (484)
Other income (162) (162) (324) (324)
Loss before income taxes (13,902) (3,222) (21,803) (8,447)
Provision (benefit) for income taxes 139 (685) 293 199
Net loss $ (14,041) $ (2,537) $ (22,096) $ (8,646)
Loss per share        
Basic (in usd per share) $ (0.40) $ (0.08) $ (0.64) $ (0.26)
Diluted (in usd per share) $ (0.40) $ (0.08) $ (0.64) $ (0.26)
Weighted average shares outstanding        
Basic (in shares) 35,477,154 33,293,740 34,663,736 32,801,783
Diluted (in shares) 35,477,154 33,293,740 34,663,736 32,801,783
Other comprehensive loss, net of tax        
Foreign currency translation adjustments, net of $0 tax in each period $ 53 $ (54) $ (157) $ (222)
Total other comprehensive gain (loss), net of tax 53 (54) (157) (222)
Total comprehensive loss (13,988) (2,591) (22,253) (8,868)
Service        
Revenues 99,971 122,576 206,864 248,196
Cost and expenses        
Cost of revenues (exclusive of depreciation and amortization shown separately below) 87,183 98,630 177,273 196,797
Product        
Revenues 32,430 38,852 67,657 76,640
Cost and expenses        
Cost of revenues (exclusive of depreciation and amortization shown separately below) $ 24,865 $ 28,812 $ 50,781 $ 57,763