v3.22.2.2
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jul. 31, 2022
Jul. 31, 2021
Jul. 31, 2022
Jul. 31, 2021
Revenue $ 104,469 $ 80,761 $ 286,398 $ 228,054
Cost of operations 61,135 43,548 170,000 127,676
Gross profit 43,334 37,213 116,398 100,378
General and administrative expenses 27,227 24,951 82,497 73,812
Transaction costs 20 111 59 195
Income from operations 16,087 12,151 33,842 26,371
Other income (expense):        
Interest expense, net (6,517) (6,153) (19,126) (19,082)
Loss on extinguishment of debt 0 0 0 (15,510)
Change in fair value of warrant liabilities 7,420 260 9,894 (11,195)
Other income, net 16 32 69 85
Total other income (expense) 919 (5,861) (9,163) (45,702)
Income (loss) before income taxes 17,006 6,290 24,679 (19,331)
Income tax expense (benefit) 2,510 1,652 3,015 (826)
Net income (loss) 14,496 4,638 21,664 (18,505)
Less accretion of liquidation preference on preferred stock (441) (525) (1,309) (1,530)
Income (loss) available to common shareholders $ 14,055 $ 4,113 $ 20,355 $ (20,035)
Weighted average common shares outstanding        
Basic (in shares) 54,012,404 53,522,089 53,859,874 53,377,032
Diluted (in shares) 57,286,563 54,547,494 54,772,441 53,377,032
Net income (loss) per common share        
Basic (in dollars per share) $ 0.25 $ 0.07 $ 0.36 $ (0.38)
Diluted (in dollars per share) $ 0.24 $ 0.07 $ 0.35 $ (0.38)

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