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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues:        
Services revenue $ 3,702 $ 2,856 $ 7,894 $ 6,540
Asset sales 215 678 1,435 1,667
Total revenues 3,917 3,534 9,329 8,207
Operating costs and expenses:        
Cost of services revenue 866 517 1,869 1,448
Cost of asset sales 184 569 1,236 1,635
Selling, general and administrative 3,064 3,058 6,154 6,041
Depreciation and amortization 81 165 164 324
Total operating costs and expenses 4,195 4,309 9,423 9,448
Earnings of equity method investments 44 105 52 139
Operating loss (234) (670) (42) (1,102)
Other (expense) income (2) 0 23 5
Fair value adjustment of contingent consideration 925 38 857 (52)
Interest expense (63) (61) (136) (128)
Income (loss) before income tax expense 626 (693) 702 (1,277)
Income tax expense 2 0 18 3
Net income (loss) $ 624 $ (693) $ 684 $ (1,280)
Weighted average common shares outstanding – basic 28,418,582 28,203,801 28,368,774 28,185,705
Weighted average common shares outstanding – diluted 28,431,406 28,203,801 28,381,278 28,185,705
Net income (loss) per share – basic $ 0.02 $ (0.02) $ 0.02 $ (0.05)
Net income (loss) per share – diluted $ 0.02 $ (0.02) $ 0.02 $ (0.05)
Comprehensive income (loss):        
Net income (loss) $ 624 $ (693) $ 684 $ (1,280)
Other comprehensive income (loss):        
Foreign currency translation adjustment 3 1 (5) (29)
Comprehensive income (loss) $ 627 $ (692) $ 679 $ (1,309)