Annual report pursuant to Section 13 and 15(d)

Correction of Immaterial Errors to Previously Issued Consolidated Financial Statements (Tables)

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Correction of Immaterial Errors to Previously Issued Consolidated Financial Statements (Tables)
 12 Months Ended
Dec. 31, 2023
Correction of Immaterial Errors to Previously Issued Consolidated Financial Statements [Abstract]  
Schedule of Restatement of Previously Issued Consolidated Financial Statements The table below sets forth the Company’s Consolidated Statements of Operations and Comprehensive Income that were impacted by the error described above, including as previously reported, the adjustments resulting from the error, and the as revised balances for the years ended December 31, 2022 and 2021, respectively. The Company evaluated the impact of these errors on its previously issued consolidated financial statements and concluded the errors are not material.
December 31, 2022
(in thousands) As previously reported Adjustment As revised
Cost of revenues $ 47,343  $ 2,011  $ 49,354 
Gross profit 62,571  (2,011) 60,560 
General and administrative (inclusive of provision for doubtful accounts) 46,164  (2,011) 44,153 
Total selling, general and administrative $ 60,917  $ (2,011) $ 58,906 

December 31, 2021
(in thousands) As previously reported Adjustment As revised
Cost of revenues $ 42,185  $ 1,661  $ 43,846 
Gross profit 60,197  (1,661) 58,536 
General and administrative (inclusive of provision for doubtful accounts) 42,338  (1,661) 40,677 
Total selling, general and administrative $ 57,377  $ (1,661) $ 55,716