Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

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Consolidated Statements of Operations - USD ($)
$ in Thousands
1 Months Ended 11 Months Ended 12 Months Ended
Dec. 05, 2018
Oct. 31, 2019
Oct. 31, 2020
Revenue $ 24,396 $ 258,565 $ 304,301
Cost of operations 14,027 143,512 166,998
Gross profit 10,369 115,053 137,303
General and administrative expenses 4,936 91,914 111,087
Goodwill and intangibles impairment 0 0 57,944
Transaction costs 14,167 1,521 0
Income (loss) from operations (8,734) 21,618 (31,728)
Other income (expense):      
Interest expense, net (1,644) (34,880) (34,408)
Loss on extinguishment of debt (16,395) 0 0
Change in fair value of warrant liabilities 0 (6,491) (261)
Other income, net 6 47 169
Total other expense (18,033) (41,324) (34,500)
Loss before income taxes (26,767) (19,706) (66,228)
Income tax benefit (4,192) (3,303) (4,977)
Net loss (22,575) (16,403) (61,251)
Less accretion of liquidation preference on preferred stock (126) (1,623) (1,930)
Loss available to common shareholders $ (22,701) $ (18,026) $ (63,181)
Weighted average common shares outstanding      
Basic (in shares) 7,576,289 41,445,508 52,752,884
Diluted (in shares) 7,576,289 41,445,508 52,752,884
Net loss per common share      
Basic (in dollars per share) $ (3.00) $ (0.43) $ (1.20)
Diluted (in dollars per share) $ (3.00) $ (0.43) $ (1.20)