Quarterly report [Sections 13 or 15(d)]

UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

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UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues, net of discounts $ 33,510 $ 38,121
Costs and expenses applicable to revenues (exclusive of depreciation and amortization expense shown separately below) (17,589) (19,243)
Gross profit 15,921 18,878
Operating expenses    
Selling, general and administrative expenses 14,320 16,818
Depreciation and amortization 4,109 4,219
Write-downs, (recoveries) and other charges, net (217) (149)
Total operating expenses 18,212 20,888
Loss from operations (2,291) (2,010)
Interest and other income 254 16,574
Interest expense (4,144) (4,212)
Accretion expense (1,131) (1,189)
Losses from changes in fair value of financial instruments (2) (4)
Income (loss) before income taxes (7,314) 9,159
Income tax expense 6,995 4,009
Net income (loss) $ (14,309) $ 5,150
Net income (loss) per share - basic $ (0) $ 0
Net income (loss) per share - diluted $ (0) $ 0
Weighted average number of common shares outstanding - basic 6,964,990 6,737,540
Weighted average number of common shares outstanding - diluted 6,964,990 6,737,540