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CONSOLIDATED STATEMENTS OF OPERATIONS and COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Total net revenues $ 734,707 $ 316,352 $ 428,696
Operating expenses:      
Cost of revenue (exclusive of depreciation and amortization expense shown below) 494,032 211,086 282,008
General and administrative 110,818 77,420 69,330
Depreciation and amortization of property and equipment 24,636 20,969 26,398
Amortization of route and customer acquisition costs and location contracts acquired 22,040 22,608 17,975
Other expenses, net 12,989 8,948 19,649
Total operating expenses 664,515 341,031 415,360
Operating income (loss) 70,192 (24,679) 13,336
Interest expense, net 12,702 13,707 12,860
Loss (gain) on change in fair value of contingent earnout shares 9,762 (8,484) 9,837
(Gain) loss on change in fair value of warrants 0 (12,574) 21,063
Loss on debt extinguishment 1,152 0 1,141
Income (loss) before income tax expense (benefit) 46,576 (17,328) (31,565)
Income tax expense (benefit) 15,017 (16,918) 5,199
Net income (loss) $ 31,559 $ (410) $ (36,764)
Earnings (loss) per share:      
Earnings (loss) per share - basic (in usd per share) $ 0.34 $ 0 $ (0.59)
Earnings (loss) per share - diluted (in usd per share) $ 0.33 $ (0.02) $ (0.59)
Weighted average number of shares outstanding:      
Weighted average number of shares outstanding - basic (in shares) 93,781,000 83,045,000 61,848,000
Weighted average number of shares outstanding - diluted (in shares) 94,638,000 83,113,000 61,848,000
Comprehensive income (loss)      
Net income (loss) $ 31,559 $ (410) $ (36,764)
Unrealized (loss) gain on investment in convertible notes (net of income taxes of $(36) and $36, respectively) (93) 93 0
Comprehensive income (loss) 31,466 (317) (36,764)
Net gaming      
Total net revenues 705,784 300,520 410,636
Amusement      
Total net revenues 16,667 9,247 9,749
ATM fees and other revenue      
Total net revenues $ 12,256 $ 6,585 $ 8,311