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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Revenues $ 82,948 $ 21,487
Cost of revenues 78,630 19,567
Gross profit 4,318 1,920
Operating expenses:    
Selling, general and administrative expense 50,024 19,041
Depreciation and amortization 6,762 3,260
Provision for bad debt 346 1,626
Other operating (income) expenses (23) 24
Total operating expenses 57,109 23,951
Loss from operations (52,791) (22,031)
Other income 777 982
Interest expense (8,337) (1,298)
Loss from continuing operations before income taxes and equity in net loss of affiliate (60,351) (22,347)
Net loss of affiliate 0 (4,806)
Loss from continuing operations before taxes (60,351) (27,153)
Income tax benefit (10,508) (1,451)
Loss from continuing operations, net of income taxes (49,843) (25,702)
Discontinued operations (Note 2)    
Loss from operations of discontinued businesses (12,705) (3,097)
Income tax benefit (1,334) (1,352)
Loss from discontinued operations, net of income taxes (11,371) (1,745)
Net loss (61,214) (27,447)
Less: net income attributable to noncontrolling interest 39 0
Net loss attributable to Orbital Energy Group, Inc. $ (61,253) $ (27,447)
Basic and diluted weighted average number of shares outstanding (in shares) 58,348,489 29,937,863
Loss from continuing operations per common share - basic and diluted (in dollars per share) $ (0.86) $ (0.86)
Loss from discontinued operations per common share - basic and diluted (in dollars per share) (0.19) (0.06)
Loss per common share - basic and diluted (in dollars per share) $ (1.05) $ (0.92)