|
Revenue
|
|
|
|
|
|
|
|
|
|
Cost of revenue
|
|
$71.2m
|
$167.4m
|
$214.1m
|
$171.1m
|
$179.9m
|
$201.4m
|
$240.2m
|
|
Gross profit
|
|
$20.7m
|
$79.8m
|
$89.0m
|
$41.0m
|
$41.7m
|
$45.8m
|
$51.6m
|
|
Total operating expenses
|
|
$30.0m
|
$42.9m
|
$87.3m
|
$66.1m
|
$60.5m
|
$53.9m
|
$52.1m
|
|
Rental revenue
|
|
$91.0m
|
$246.9m
|
$302.8m
|
$208.0m
|
$218.3m
|
$244.0m
|
$287.2m
|
|
Other revenue
|
|
$368k
|
$200k
|
$319k
|
$4.1m
|
$3.2m
|
$3.2m
|
$4.6m
|
|
Underwriting fees
|
|
$2.6m
|
$2.3m
|
$1.9m
|
$1.8m
|
$1.9m
|
$2.3m
|
$3.2m
|
|
Professional and consulting fees
|
|
$1.3m
|
$2.9m
|
$6.0m
|
$11.3m
|
$6.7m
|
$5.2m
|
$8.2m
|
|
Technology and data analytics
|
|
$4.3m
|
$6.3m
|
$8.2m
|
$9.4m
|
$6.9m
|
$7.2m
|
$6.1m
|
|
General and administrative
|
|
$172k
|
$796k
|
$11.3m
|
$14.2m
|
$10.9m
|
$10.9m
|
$11.2m
|
|
Loss from operations
|
|
($172k)
|
($796k)
|
$1.7m
|
($25.1m)
|
($18.8m)
|
($8.1m)
|
($513k)
|
|
Gain on extinguishment of term loan and settlement of derivative liability, net
|
|
($823k)
|
($402k)
|
$0
|
$0
|
($2.4m)
|
$0
|
$5.1m
|
|
Interest income
|
|
$567k
|
$1.1m
|
$0
|
$744k
|
$1.7m
|
$1.2m
|
$197k
|
|
Change in fair value of derivative liability and warrants
|
|
$0
|
$102k
|
$36.6m
|
$6.4m
|
$807k
|
$17k
|
$17.4m
|
|
Income (loss) before income taxes
|
|
$395k
|
$350k
|
$21.7m
|
($37.9m)
|
($36.5m)
|
($25.8m)
|
$1.7m
|
|
Provision for income taxes
|
|
($102k)
|
($196k)
|
($539k)
|
$50k
|
($165k)
|
($143k)
|
($319k)
|
|
Accumulated undeclared dividends
|
|
—
|
—
|
—
|
—
|
—
|
$0
|
($1.9m)
|
|
Net loss attributable to common stockholders
|
|
—
|
—
|
—
|
—
|
—
|
($25.9m)
|
($557k)
|
|
Net income (loss)
|
|
$293k
|
$154k
|
$21.2m
|
($37.9m)
|
($36.7m)
|
($25.9m)
|
$1.4m
|
|
Net loss per common share - basic (in dollars per share)
|
|
($1)
|
$1
|
$0
|
($0)
|
($9)
|
($6)
|
($0)
|
|
Net loss per common share - diluted (in dollars per share)
|
|
($1)
|
$0
|
$0
|
($0)
|
($9)
|
($6)
|
($0)
|
|
Weighted average common shares outstanding - basic (in shares)
|
|
25.7m
|
30.9m
|
68.5m
|
98.2m
|
4.1m
|
4.3m
|
5.0m
|
|
Weighted average common shares outstanding - diluted (in shares)
|
|
25.7m
|
46.9m
|
80.6m
|
98.2m
|
4.1m
|
4.3m
|
5.0m
|
|
Servicing costs
|
|
$2.9m
|
$4.1m
|
$4.7m
|
$4.3m
|
$4.3m
|
$4.6m
|
$4.7m
|
|
Compensation costs
|
|
$5.5m
|
$6.9m
|
$26.9m
|
$25.1m
|
$22.7m
|
$20.1m
|
$17.9m
|
|
Litigation and settlement expenses
|
|
—
|
—
|
—
|
$375k
|
$7.0m
|
$3.7m
|
$813k
|
|
Interest expense and other fees
|
|
($8.6m)
|
($13.6m)
|
($16.5m)
|
($20.0m)
|
($17.8m)
|
($18.9m)
|
($20.6m)
|