| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | |
|---|---|---|---|---|---|---|
Revenues | ||||||
233,073 | 212,470 | 137,212 | 59,231 | 47,698 | 68,170 | |
Cost of goods sold | ||||||
152,021 | 144,903 | 100,304 | - | - | - | |
Cost of goods sold | ||||||
- | - | - | 26,569 | 21,003 | 29,934 | |
Gross profit | ||||||
81,052 | 67,567 | 36,908 | 32,662 | 26,695 | 38,236 | |
Operating expenses: | ||||||
Salaries, benefits and payroll taxes | ||||||
11,560 | 11,043 | 8,219 | 7,385 | 5,055 | 5,088 | |
Depreciation and amortization | ||||||
2,411 | 1,843 | 525 | 384 | 388 | 160 | |
Selling, general and administrative | ||||||
11,328 | 12,825 | 9,459 | 4,502 | 4,669 | 7,222 | |
Change in the estimated fair value of contingent consideration | ||||||
-3,272 | -1,858 | 0 | 0 | - | - | |
Impairment loss | ||||||
15,542 | 17,835 | 0 | 0 | - | - | |
Total operating expenses | ||||||
37,569 | 41,688 | 18,203 | 12,271 | 10,112 | 12,470 | |
Operating income | ||||||
43,483 | 25,879 | 18,705 | 20,391 | 16,583 | 25,766 | |
Other income (expenses): | ||||||
Preferred stock interest expense | ||||||
- | - | - | 5,565 | 5,078 | 5,601 | |
Interest expense, net | ||||||
-3,621 | -2,266 | -450 | -2,862 | -2,748 | - | |
Loss on extinguishment of debt | ||||||
-561 | 0 | 0 | -1,051 | - | -1,230 | |
Other interest expense | ||||||
- | - | - | - | - | 2,231 | |
Other income | ||||||
131 | 197 | 462 | 8,860 | 362 | 370 | |
Total other income (expenses), net | ||||||
-4,051 | -2,069 | 12 | 433 | -7,464 | -7,462 | |
Income before income tax expense | ||||||
39,432 | 23,810 | 18,717 | 19,773 | 9,119 | 17,074 | |
Income tax expense | ||||||
7,809 | 5,122 | -2,809 | 9,394 | 4,129 | 9,518 | |
Net (loss) income | ||||||
31,623 | 18,688 | 21,526 | 10,379 | 4,990 | 7,556 | |
Net (loss) income per common share: | ||||||
Basic (in dollars per share) | ||||||
0.79 | 0.46 | 0.54 | 0.43 | 0.23 | 0.34 | |
Diluted (in dollars per share) | ||||||
0.78 | 0.46 | 0.53 | 0.42 | 0.19 | 0.29 | |
Weighted-average number of common shares: | ||||||
Basic (in shares) | ||||||
40,135 | 40,427 | 40,208 | 24,322 | 22,114 | 22,039 | |
Diluted (in shares) | ||||||
40,337 | 40,449 | 40,304 | 24,579 | 26,400 | 26,242 | |