v3.25.4
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Income Statement [Abstract]    
NET REVENUE $ 120,499 $ 110,837
OPERATING EXPENSES:    
Direct operating costs 64,456 60,842
Selling and marketing 4,818 6,232
General and administrative 18,386 16,123
Research and development 6,382 3,781
Depreciation and amortization 14,960 14,142
Lease termination and restructuring costs 154 596
Total operating expenses 109,156 101,716
Operating income (loss) 11,343 9,121
OTHER:    
Interest income 206 88
Interest expense (287) (900)
Other expense - net (265) (298)
INCOME BEFORE PROVISION FOR INCOME TAXES 10,997 8,011
Income tax provision 199 160
NET INCOME 10,798 7,851
Preferred stock dividend 6,906 12,310
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS $ 3,892 $ (4,459)
Net income (loss) per share: basic $ 0.10 $ (0.28)
Net income (loss) per share: diluted $ 0.10 $ (0.28)
Weighted-average common shares used to compute basic income (loss) per share 37,792,428 16,146,975
Weighted-average common shares used to compute diluted income (loss) per share 37,953,828 16,146,975