v3.22.2.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:        
Total revenues $ 179,744 $ 385,813 $ 818,856 $ 1,373,387
Costs and expenses:        
Selling, general and administrative 79,674 105,120 298,675 330,643
Research and development 18,792 18,306 54,359 55,843
Contingent consideration (754) (497) (685) (1,556)
Amortization of intangible assets 21,407 12,609 66,225 37,760
Gain on sale of assets 0 (31,508) (15,365) (31,508)
Total costs and expenses 267,564 347,987 989,840 1,291,553
Operating income (loss) (87,820) 37,826 (170,984) 81,834
Other income and (expense), net:        
Interest income 667 9 838 21
Interest expense (3,017) (4,290) (8,754) (14,572)
Fair value changes of derivative instruments, net 446 1,283 652 571
Other expense, net (36,651) (3,356) (111,091) (16,067)
Other expense, net (38,555) (6,354) (118,355) (30,047)
Income (loss) before income taxes and investment losses (126,375) 31,472 (289,339) 51,787
Income tax benefit (provision) 40,327 (2,680) 46,524 (7,993)
Net income (loss) before investment losses (86,048) 28,792 (242,815) 43,794
Loss from investments in investees (43) (53) (359) (163)
Net income (loss) $ (86,091) $ 28,739 $ (243,174) $ 43,631
Income (loss) per share, basic and diluted:        
Income (loss) per share, basic (in dollars per share) $ (0.11) $ 0.04 $ (0.34) $ 0.07
Income (loss) per share, diluted (in dollars per share) $ (0.11) $ 0.04 $ (0.34) $ 0.07
Weighted average common shares outstanding, basic (in shares) 750,396,263 651,843,074 708,121,980 646,710,240
Weighted average common shares outstanding, diluted (in shares) 750,396,263 651,843,074 708,121,980 646,710,240
Services        
Revenues:        
Total revenues $ 142,856 $ 340,163 $ 616,259 $ 1,244,312
Costs and expenses:        
Cost of service revenue 128,182 223,193 521,221 830,428
Products        
Revenues:        
Total revenues 32,388 36,882 104,938 106,490
Costs and expenses:        
Cost of service revenue 20,263 20,764 65,410 69,943
Revenue from transfer of intellectual property and other        
Revenues:        
Total revenues $ 4,500 $ 8,768 $ 97,659 $ 22,585

Source