Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.22.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenue:    
Total revenue $ 122,806 $ 58,435
Cost of sales and operating expenses:    
Total cost of sales 76,103 38,600
Gross profit 46,703 19,835
Selling, general, and administrative expenses 23,766 13,310
Payroll support program proceeds   (6,363)
Income from operations 22,937 12,888
Other income (expenses):    
Interest expense, net (195) (258)
Other income, net 365 94
Change in fair value of warrant liability (1,234) (224)
Total other expenses (1,064) (388)
Income before income tax provision 21,873 12,500
Income tax expense (4,647) (2,482)
Net income $ 17,226 $ 10,018
Earnings per share - basic    
Earnings per share - basic $ 0.33 $ 0.24
Earnings per share - diluted    
Earnings per share - diluted $ 0.32 $ 0.23
Product    
Revenue:    
Total revenue $ 92,368 $ 25,126
Cost of sales and operating expenses:    
Total cost of sales 57,928 13,806
Leasing    
Revenue:    
Total revenue 8,201 6,256
Cost of sales and operating expenses:    
Total cost of sales 2,189 2,767
Services    
Revenue:    
Total revenue 22,237 27,053
Cost of sales and operating expenses:    
Total cost of sales $ 15,986 $ 22,027