NOVASTAR FINANCIAL INC
CIK:0001025953|SEC Filings
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($) $ in Thousands |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2021 |
Sep. 30, 2020 |
Sep. 30, 2021 |
Sep. 30, 2020 |
|
| Service fee income | $ 9,943 | $ 12,381 | $ 35,379 | $ 38,747 |
| Cost and expenses: | ||||
| Cost of services | 8,794 | 10,628 | 31,670 | 34,416 |
| General and administrative expenses | 1,659 | 1,877 | 5,212 | 5,894 |
| Goodwill impairment charge | 0 | 0 | 0 | 3,905 |
| Operating loss | (510) | (124) | (1,503) | (5,468) |
| Other income (expense) | (4) | 4 | 2 | 28 |
| Interest expense | (864) | (836) | (2,545) | (2,462) |
| Loss before income taxes | (1,378) | (956) | (4,046) | (7,902) |
| Income tax expense | 0 | 3 | 5 | 24 |
| Net loss | $ (1,378) | $ (959) | $ (4,051) | $ (7,926) |
| Loss per share: | ||||
| Basic (in dollars per share) | $ (0.01) | $ (0.01) | $ (0.04) | $ (0.07) |
| Diluted (in dollars per share) | $ (0.01) | $ (0.01) | $ (0.04) | $ (0.07) |
| Weighted average common shares outstanding: | ||||
| Basic (in shares) | 113,608,581 | 110,216,273 | 113,605,893 | 110,197,754 |
| Diluted (in shares) | 113,608,581 | 110,216,273 | 113,605,893 | 110,197,754 |