v3.22.2.2
Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Net revenues $ 27,279 $ 26,566 $ 81,084 $ 75,863
Cost of revenues 11,060 11,308 34,597 30,979
Gross profit 16,219 15,258 46,487 44,884
Selling, general and administrative expenses:        
Provision for doubtful accounts (90) 10 (84) (99)
Amortization of intangibles 704 1,125 2,125 3,264
Selling and marketing 2,894 2,908 9,296 7,964
General and administrative 11,768 11,566 34,525 32,537
Total selling, general and administrative 15,276 15,609 45,862 43,666
Operating income (loss) 943 (351) 625 1,218
Other expense:        
Interest expense (385) (270) (976) (909)
Other expense (11) (44) (69) (150)
Income (Loss) before income taxes 547 (665) (420) 159
(Provision for) benefit from income taxes (104) 217 331 874
Net income (loss) $ 443 $ (448) $ (89) $ 1,033
Net income (loss) per share:        
Basic (in dollars per share) $ 0.02 $ (0.02) $ 0 $ 0.05
Diluted (in dollars per share) $ 0.02 $ (0.02) $ 0 $ 0.05
Weighted average shares outstanding:        
Basic (in shares) 20,683,366 20,577,886 20,625,826 20,468,842
Diluted (in shares) 21,452,483 20,577,886 20,625,826 21,995,216
Comprehensive income:        
Net income (loss) $ 443 $ (448) $ (89) $ 1,033
Other comprehensive income:        
Unrealized gain on hedges 605 41 1,754 93
Provision for income tax on unrealized hedge gain (146) (10) (423) (23)
Net comprehensive income (loss) $ 902 $ (417) $ 1,242 $ 1,103

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