Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.22.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenue      
Revenue $ 248,217 $ 213,760 $ 169,152
Cost of revenue      
Cost of revenue 122,224 97,930 63,665
Operating expenses      
Selling, general and administrative 91,733 72,883 65,298
Depreciation and amortization 50,414 52,488 48,131
Intangible asset impairment loss 0 0 3,892
Total operating expenses 142,147 125,371 117,321
Operating loss (16,154) (9,541) (11,834)
Interest expense, including amortization of deferred financing costs, net 23,260 23,493 24,785
Change in fair value of warrant liability (5,267) 7,485 (235)
Loss before income taxes (34,147) (40,519) (36,384)
Income tax expense (benefit)      
Current 177 1,051 (1,450)
Deferred (9,871) (6,369) (11,491)
Total income tax benefit (9,694) (5,318) (12,941)
Net loss attributable to the Company $ (24,453) $ (35,201) $ (23,443)
Loss per share:      
Basic $ (1.03) $ (1.96) $ (1.45)
Diluted $ (1.03) $ (1.96) $ (1.45)
Weighted average shares outstanding (in Number):      
Basic 41,933,050 31,650,173 31,169,435
Diluted 41,933,050 31,650,173 31,169,435
Service      
Revenue      
Revenue $ 187,962 $ 172,845 $ 159,425
Cost of revenue      
Cost of revenue 69,867 64,520 57,621
Product      
Revenue      
Revenue 60,255 40,915 9,727
Cost of revenue      
Cost of revenue $ 52,357 $ 33,410 $ 6,044