v3.22.1
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Apr. 30, 2022
Apr. 30, 2021
Apr. 30, 2022
Apr. 30, 2021
Revenue $ 96,482 $ 76,873 $ 181,930 $ 147,294
Cost of operations 57,544 43,570 108,866 84,128
Gross profit 38,938 33,303 73,064 63,166
General and administrative expenses 28,547 26,472 55,270 48,860
Transaction costs 20 55 38 84
Income from operations 10,371 6,776 17,756 14,222
Other income (expense):        
Interest expense, net (6,346) (6,029) (12,608) (12,929)
Loss on extinguishment of debt 0 0 0 (15,510)
Change in fair value of warrant liabilities 2,474 (11,456) 2,474 (11,456)
Other income, net 13 26 52 52
Total other expense (3,859) (17,459) (10,082) (39,843)
Income (loss) before income taxes 6,512 (10,683) 7,674 (25,621)
Income tax expense (benefit) 527 170 506 (2,478)
Net income (loss) 5,985 (10,853) 7,168 (23,143)
Less accretion of liquidation preference on preferred stock (427) (499) (868) (1,006)
Income (loss) available to common shareholders $ 5,558 $ (11,352) $ 6,300 $ (24,149)
Weighted average common shares outstanding        
Basic (in shares) 53,901,278 53,465,799 53,782,345 53,303,302
Diluted (in shares) 54,795,262 53,465,799 54,738,504 53,303,302
Net income (loss) per common share        
Basic (in dollars per share) $ 0.10 $ (0.21) $ 0.11 $ (0.45)
Diluted (in dollars per share) $ 0.10 $ (0.21) $ 0.11 $ (0.45)

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