Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues, net of discounts $ 51,805 $ 30,426
Costs and expenses applicable to revenues (22,084) (14,974)
Gross profit 29,721 15,452
Operating expenses    
Selling, general and administrative expenses 23,686 27,741
Depreciation and amortization expenses 7,374 6,414
Write-downs and other charges 259 679
Impairment loss   199,364
Loss from operations (1,598) (218,746)
Interest income 124 12
Other income 274 81
Interest expense (5,678) (4,467)
Accretion expense (4,852) (4,004)
Provision for debt obligation fee (414) (12,503)
Losses (gains) from change in fair value of financial instruments (17) 4,692
Loss from operations before income taxes (12,161) (234,935)
Income tax expense 7,291 1,406
Net loss $ (19,452) $ (236,341)
Net loss per share - basic and diluted $ (0.11) $ (1.38)
Weighted average number of common shares outstanding - basic and diluted 171,718 171,667