v3.26.1
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues $ 39,442 $ 30,919 $ 78,401 $ 59,268
Cost of services 22,319 17,909 43,943 34,106
Gross profit 17,123 13,010 34,458 25,162
Selling, general and administrative expenses 16,838 13,975 33,367 26,697
Depreciation expense 394 161 715 305
Operating (loss) income (109) (1,126) 376 (1,840)
Other income (expenses), net:        
Interest and investment income, net 2,705 715 3,431 1,025
Interest expense (1,381) (1,265) (2,792) (2,495)
Amortization and impairment of intangible assets (2,428) (1,845) (4,780) (3,611)
Other income, net 208 225 445 269
Gain on disposal of subsidiary 1,347 0 1,347 0
Total other income (expenses), net 451 (2,170) (2,349) (4,812)
Income (loss) before income tax expense (benefit) 342 (3,296) (1,973) (6,652)
Income tax expense (benefit) 185 (131) 138 (395)
Net income (loss) 157 (3,165) (2,111) (6,257)
Less: Net income (loss) attributable to:        
Noncontrolling interests in consolidated subsidiaries 836 152 1,024 277
Redeemable noncontrolling interests in consolidated subsidiaries (62) 0 (46) 0
Less: Dividends on preferred stock 324 311 645 533
Net loss attributable to common shareholders $ (941) $ (3,628) $ (3,734) $ (7,067)
Loss per share attributable to common shareholders:        
Basic (in dollars per share) $ (0.03) $ (0.13) $ (0.13) $ (0.26)
Diluted (in dollars per share) $ (0.03) $ (0.13) $ (0.13) $ (0.26)
Weighted-average shares outstanding (in ‘000s):        
Basic (in shares) 28,617 27,196 28,621 27,150
Diluted (in shares) 28,617 27,196 28,621 27,150