v3.22.2
Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Net revenues $ 27,042 $ 24,834 $ 53,805 $ 49,297
Cost of revenues 12,141 9,784 23,537 19,671
Gross profit 14,901 15,050 30,268 29,626
Selling, general and administrative expenses:        
Provision for doubtful accounts (41) (39) 6 (109)
Amortization of intangibles 711 1,096 1,421 2,139
Selling and marketing 3,083 2,680 6,402 5,056
General and administrative 10,941 10,617 22,757 20,971
Total selling, general and administrative 14,694 14,354 30,586 28,057
Operating income (loss) 207 696 (318) 1,569
Other expense:        
Interest expense (314) (317) (591) (639)
Other expense (30) (37) (58) (106)
(Loss) Income before income taxes (137) 342 (967) 824
(Provision for) benefit from income taxes (27) 478 435 657
Net (loss) income $ (164) $ 820 $ (532) $ 1,481
Net (loss) income per share:        
Basic (in dollars per share) $ (0.01) $ 0.04 $ (0.03) $ 0.07
Diluted (in dollars per share) $ (0.01) $ 0.04 $ (0.03) $ 0.07
Weighted average shares outstanding:        
Basic (in shares) 20,583,928 20,487,845 20,596,580 20,413,416
Diluted (in shares) 20,583,928 22,065,486 20,596,580 22,017,455
Comprehensive income:        
Net (loss) income $ (164) $ 820 $ (532) $ 1,481
Other comprehensive income:        
Unrealized gain (loss) on hedges 244 (106) 1,149 52
Provision for income tax on unrealized hedge gain (59) (13) (277) (13)
Net comprehensive income $ 21 $ 701 $ 340 $ 1,520

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