XML 26 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONSOLIDATED STATEMENTS OF OPERATIONS (FY) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenue (Note 5)      
Revenue $ 159,218 $ 138,016 $ 107,727
Costs and expenses      
Total costs and expenses 106,874 84,954 67,161
Selling, general and administrative expenses 47,319 44,048 40,152
Operating income (loss) 5,025 9,014 414
Other income (expenses)      
Non-operating income 201 12 11
Interest expense (7,467) (7,258) (6,690)
Income (loss) before income taxes (2,241) 1,768 (6,265)
Benefit (provision) from income taxes (Note 7) 104 (31) 2,767
Net income (loss) (2,137) 1,737 (3,498)
Less: Net income attributable to non-controlling interest (Note 2) (4,264) (3,377) (2,335)
Net income (loss) attributable to Telos Corporation (1)(2) $ (6,401) $ (1,640) $ (5,833)
Pro forma net earnings (loss) per share attributable to Telos Corporation, basic and diluted (in dollars per share) $ 0 $ 0 $ 0
Pro forma weighted-average shares of common stock outstanding, basic and diluted (unaudited) (in shares) 0 0 0
Class A Common Stock [Member]      
Other income (expenses)      
Net loss per share attributable to Telos Corporation, basic and diluted (in dollars per share) $ (0.13) $ (0.04) $ (0.13)
Weighted-average shares outstanding, basic and diluted (in shares) 43,504 42,285 41,041
Class B Common Stock [Member]      
Other income (expenses)      
Net loss per share attributable to Telos Corporation, basic and diluted (in dollars per share) $ (0.13) $ (0.04) $ (0.13)
Weighted-average shares outstanding, basic and diluted (in shares) 4,038 4,038 4,038
Services [Member]      
Revenue (Note 5)      
Revenue $ 143,581 $ 120,990 $ 81,606
Costs and expenses      
Total costs and expenses 98,772 76,857 49,965
Products [Member]      
Revenue (Note 5)      
Revenue 15,637 17,026 26,121
Costs and expenses      
Total costs and expenses $ 8,102 $ 8,097 $ 17,196