v3.22.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]    
Net revenues $ 26,763 $ 24,463
Cost of revenues 11,396 9,887
Gross profit 15,367 14,576
Selling, general and administrative expenses:    
Provision for doubtful accounts 47 (70)
Amortization of intangibles 710 1,043
Selling and marketing 3,319 2,376
General and administrative 11,816 10,354
Total selling, general and administrative 15,892 13,703
Operating (loss) income (525) 873
Other expense:    
Interest expense (277) (322)
Other expense (28) (69)
(Loss) income before income taxes (830) 482
Benefit from income taxes 462 179
Net (loss) income $ (368) $ 661
Net (loss) income per share    
Basic (in dollars per share) $ (0.02) $ 0.03
Diluted (in dollars per share) $ (0.02) $ 0.03
Weighted average shares outstanding:    
Basic (in shares) 20,609,372 20,338,160
Diluted (in shares) 20,609,372 21,937,639
Comprehensive income:    
Net (loss) income $ (368) $ 661
Other comprehensive income:    
Unrealized gain on hedges 905 158
Provision for income tax on unrealized hedge gain (218) 0
Net comprehensive income $ 319 $ 819

Source