Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Revenues, net of discounts $ 203,018 $ 151,669
Costs and expenses applicable to revenues (91,735) (69,829)
Gross profit 111,283 81,840
Operating expenses    
Selling, general and administrative expenses 96,967 98,380
Depreciation and amortization 28,927 26,189
Write-downs, recoveries and other charges, net 47 3,698
Impairment loss 7,367 203,464
Total operating expenses 133,308 331,731
Loss from operations (22,025) (249,891)
Interest income 517 403
Other income 1,573 1,007
Interest expense (23,615) (20,685)
Accretion expense (9,057) (16,962)
Provision for debt obligation fee (1,677) (13,764)
Gains from change in fair value of financial instruments 285 5,163
Loss before income taxes (53,999) (294,729)
Income tax expense 22,249 18,633
Net loss $ (76,248) $ (313,362)
Net loss per share - basic and diluted $ (0.44) $ (1.83)
Weighted average number of common shares outstanding - basic and diluted 171,718 171,649