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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Revenue $ 753,856 $ 612,241
Costs and expenses:    
Cost of revenues, excluding depreciation and amortization 665,291 502,688
General and administrative 69,892 50,994
Transaction expenses 10,749 3,826
Loss on legal settlement 0 2,600
Change in fair value of contingent consideration, net of accretion (18,058) (3,575)
Impairment of long-lived assets 1,007 0
Impairment of goodwill 14,160 52,487
Depreciation and amortization 58,377 52,470
Total costs and expenses 801,418 661,490
Loss from operations (47,562) (49,249)
Other income (expense):    
Gain on sale of property and equipment 2,087 587
Interest expense (59,317) (50,477)
Loss on extinguishment of convertible notes 0 (2,436)
Total other expense (57,230) (52,326)
Loss from continuing operations (104,792) (101,575)
Loss from discontinued operations 0 (8,851)
Net loss (104,792) (110,426)
Less: Net loss attributable to non-controlling interests (68,372) 0
Net loss attributable to QualTek Services Inc. (36,420) (110,426)
Other comprehensive income:    
Foreign currency translation adjustments 0 111
Comprehensive loss $ (36,420) $ (110,315)
Denominator:    
Net loss per share - continuing operations - basic (in dollars per share) $ (1.45) $ (8.70)
Net loss per share - continuing operations - diluted (in dollars per share) (1.47) (8.70)
Net loss per share - discontinued operations - basic (in dollars per share) 0 (0.75)
Net loss per share - discontinued operations - diluted (in dollars per share) $ 0 $ (0.75)
Class A common stock    
Denominator:    
Weighted average Class A common shares outstanding – basic (in shares) 22,798,596 11,859,955
Weighted average Class A common shares outstanding - diluted (in shares) 44,998,609 11,859,955