v3.23.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Revenues $ 38,459 $ 37,613 $ 80,613 $ 74,003
Cost of revenues 29,496 28,023 61,437 54,546
Gross margin 8,963 9,590 19,176 19,457
Operating expenses:        
Selling, general and administrative 16,930 26,952 37,292 48,972
Research and development 2,225 2,535 3,353 5,409
Restructuring charges 25 0 780 0
Transaction expenses 0 186 0 1,585
Goodwill impairment 0 35,252 0 35,252
Operating loss (10,217) (55,335) (22,249) (71,761)
Interest expense 3,560 3,554 7,116 7,109
Net increase (decrease) in fair value of derivatives 3,121 (199) 13,688 (1,462)
Other (income) expense 0 (26) 0 4
Loss before taxes (16,898) (58,664) (43,053) (77,412)
Income tax (benefit) expense (3) (1,820) 56 (1,743)
Net loss $ (16,895) $ (56,844) $ (43,109) $ (75,669)
Basic net loss per share (in usd per share) $ (0.12) $ (0.45) $ (0.30) $ (0.59)
Diluted net loss per share (in usd per share) $ (0.12) $ (0.45) $ (0.30) $ (0.59)
Weighted-average shares outstanding:        
Weighted-average shares outstanding, Basic (in shares) 145,469,043 126,223,903 142,027,938 129,037,598
Weighted-average shares outstanding, Diluted (in shares) 145,469,043 126,223,903 142,027,938 129,037,598

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