v3.22.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Total revenues $ 309,893 $ 442,408 $ 639,111 $ 987,573
Costs and expenses:        
Selling, general and administrative 101,464 113,236 219,000 225,522
Research and development 17,254 18,222 35,566 37,537
Contingent consideration 175 (103) 69 (1,059)
Amortization of intangible assets 22,793 12,574 44,818 25,151
Gain on sale of assets (15,365) 0 (15,365) 0
Total costs and expenses 320,632 436,837 722,275 943,565
Operating income (loss) (10,739) 5,571 (83,164) 44,008
Other income and (expense), net:        
Interest income 161 6 171 12
Interest expense (3,075) (4,887) (5,737) (10,282)
Fair value changes of derivative instruments, net 338 (272) 206 (711)
Other expense, net (72,997) (11,783) (74,439) (12,711)
Other expense, net (75,572) (16,936) (79,799) (23,692)
Income (loss) before income taxes and investment losses (86,312) (11,365) (162,963) 20,316
Income tax benefit (provision) (15,070) (4,754) 6,196 (5,314)
Net income (loss) before investment losses (101,382) (16,119) (156,766) 15,002
Loss from investments in investees (268) (67) (316) (110)
Net income (loss) $ (101,650) $ (16,186) $ (157,083) $ 14,892
Income (loss) per share, basic and diluted:        
Income (loss) per share, basic (in dollars per share) $ (0.14) $ (0.03) $ (0.23) $ 0.02
Income (loss) per share, diluted (in dollars per share) $ (0.14) $ (0.03) $ (0.23) $ 0.02
Weighted average common shares outstanding, basic (in shares) 712,548,661 646,996,891 686,597,899 644,001,280
Weighted average common shares outstanding, diluted (in shares) 712,548,661 646,996,891 686,597,899 644,001,280
Services        
Revenues:        
Total revenues $ 186,804 $ 397,197 $ 473,402 $ 904,149
Costs and expenses:        
Cost of service revenue 171,836 267,807 393,039 607,235
Products        
Revenues:        
Total revenues 35,892 35,663 72,550 69,608
Costs and expenses:        
Cost of service revenue 22,475 25,101 45,147 49,179
Revenue from transfer of intellectual property and other        
Revenues:        
Total revenues $ 87,197 $ 9,548 $ 93,159 $ 13,816

Source