v3.21.2
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
1 Months Ended 2 Months Ended 3 Months Ended 4 Months Ended 6 Months Ended
Jun. 11, 2021
Jul. 31, 2021
Jul. 31, 2020
Jun. 11, 2021
Jul. 31, 2020
Revenues:          
Total revenues $ 47,935 $ 57,912 $ 116,835 $ 139,636 $ 235,164
Operating expenses:          
Cost of revenues 11,360 28,006 21,618 35,881 45,831
Content and software development 7,477 9,878 16,835 24,084 33,778
Selling and marketing 13,438 22,234 34,033 41,940 66,769
General and administrative 4,855 17,073 15,324 17,217 32,015
Amortization of intangible assets 15,959 20,023 12,779 50,902 30,148
Impairment of goodwill and intangible assets         332,376
Recapitalization and transaction-related costs 5,006 9,995 16,659 6,938 32,035
Restructuring (1,240) 316 771 (703) 1,141
Total operating expenses 56,855 107,525 118,019 176,259 574,093
Operating loss (8,920) (49,613) (1,184) (36,623) (338,929)
Other (expense) income, net (41) (697) 898 (493) 1,809
Fair value adjustment of warrants 800 17,115   900  
Interest income 54 12 65 64 84
Interest expense, net (5,371) (9,856) (61,076) (16,820) (167,054)
Reorganization items, net     (10,593)   (10,593)
Loss before benefit from income taxes (13,478) (43,039) (71,890) (52,972) (514,683)
Benefit from income taxes (1,619) (5,504) (909) (3,708) (9,800)
Net loss $ (11,859) $ (37,535) $ (70,981) $ (49,264) $ (504,883)
Loss per share:          
Ordinary - Basic   $ (0.28) $ (709.10)   $ (5,043.79)
Ordinary - Diluted   $ (0.28) $ (709.10)   $ (5,043.79)
Weighted average common share outstanding:          
Ordinary - Basic   133,059,000 100,100   100,100
Ordinary - Diluted   133,059,000 100,100   100,100
Financial Designation, Predecessor and Successor [Fixed List] Predecessor Successor Predecessor Predecessor Predecessor
Class A And Class B          
Loss per share:          
Ordinary - Basic $ (2.96)     $ (12.32)  
Ordinary - Diluted $ (3.38)     $ (12.32)  
Weighted average common share outstanding:          
Ordinary - Basic 4,000,000     4,000,000  
Ordinary - Diluted 4,000,000     4,000,000  

Source