Quarterly report pursuant to Section 13 or 15(d)

Unaudited Interim Condensed Consolidated Statements of Operations

v3.23.1
Unaudited Interim Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
Revenue $ 45,271 $ 26,630
Operating expenses    
Cost of revenue 38,107 23,707
Software development 1,123 835
General and administrative 16,257 13,978
Selling and marketing 2,611 1,800
Total operating expenses 58,098 40,320
Loss from operations (12,827) (13,690)
Other non-operating income (expense)    
Interest income, net 1,954 264
Change in fair value of warrant liabilities 566 2,550
Realized loss from sales of short-term investments (81) (136)
Total other non-operating income 2,439 2,678
Loss before income taxes (10,388) (11,012)
Income tax benefit (196) 0
Net loss $ (10,192) $ (11,012)
Net loss per share (Note 7):    
Basic (in dollars per share) $ (0.14) $ (0.16)
Diluted (in dollars per share) $ (0.14) $ (0.16)
Weighted-average number of shares outstanding:    
Basic (in shares) 71,992,771 70,774,138
Diluted (in shares) 71,992,771 70,774,138