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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Revenues $ 36,728 $ 32,148 $ 69,595 $ 63,846
Cost of sales 29,746 23,534 57,442 47,755
Gross margin 6,982 8,614 12,153 16,091
Operating expenses:        
Selling, general and administrative expenses 17,562 12,143 38,513 23,399
Contingent earnout expense 0 11,114 0 11,114
Transaction expenses 48 2 94 2,419
Impairment expense [1] 80,462 0 80,462 0
Research and development 1,708 958 3,432 1,954
Operating income (loss) (92,798) (15,603) (110,348) (22,795)
Interest expense, net 1,670 1,770 3,122 3,191
Other (income) expense, net (15,515) (110) (14,335) (23)
Income (loss) before income taxes (78,953) (17,263) (99,135) (25,963)
Income tax expense (benefit) (1,925) (1,362) (4,814) (2,388)
Net income (loss) $ (77,028) $ (15,901) $ (94,321) $ (23,575)
Net income (loss) per share, diluted (in dollars per share) $ (1.22) $ (0.43) $ (1.50) $ (0.63)
Net income (loss) per share, basic (in dollars per share) $ (1.22) $ (0.43) $ (1.50) $ (0.63)
Weighted-average shares outstanding:        
Basic (in shares) 62,992,454 37,200,000 62,842,495 37,200,000
Diluted (in shares) 62,992,454 37,200,000 62,842,495 37,200,000
Comprehensive income (loss):        
Foreign currency translation gain (loss), net of tax $ (358) $ 52 $ (486) $ (179)
Total other comprehensive income (loss), net of tax (358) 52 (486) (179)
Total comprehensive income (loss) $ (77,386) $ (15,849) $ (94,807) $ (23,754)
[1] Please refer to Note G, Note H, and Note I for additional information.

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