v3.22.4
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenue    
Total revenue $ 72,585 $ 88,846
Operating expenses    
Payroll, benefits and related 32,607 22,955
Purchased transportation 13,316 9,188
Fuel 10,792 5,368
Equipment rent 4,285 2,555
Maintenance and supplies 3,681 2,250
General and administrative 4,066 3,551
Operating supplies and expenses 3,254 4,088
Depreciation and amortization 3,945 3,624
Insurance and claims 1,295 2,586
Total operating expenses 77,268 56,343
Operating (loss) income (4,683) 32,503
Other (expense) income    
Interest expense (9,842) (4,103)
Change in fair value of embedded derivative liability (3,072) 788
Change in fair value of warrant liabilities 11,049 3,107
(Loss) gain on extinguishment of debt (5,318) 534
Total other (expense) income (7,183) 326
(Loss) income before income taxes (11,866) 32,829
Provision for income taxes (897) (1,606)
Net (loss) income $ (12,763) $ 31,223
Earnings Per Share, Basic [Abstract]    
Basic $ (0.36) $ 1.06
Earnings Per Share, Diluted [Abstract]    
Diluted $ (0.36) $ 0.95
Weighted Average Number of Shares Outstanding, Basic [Abstract]    
Basic 35,469,317 29,342,042
Weighted Average Number of Shares Outstanding, Diluted [Abstract]    
Diluted 35,469,317 33,214,707
Trucking [Member]    
Revenue    
Total revenue $ 72,544 $ 53,952
Other [Member]    
Revenue    
Total revenue 0 34,758
CNG [Member]    
Revenue    
Total revenue 41 136
Operating expenses    
CNG expenses $ 27 $ 178