Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited)

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CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues        
Total revenues $ 88,674 $ 76,366 $ 244,344 $ 211,337
Operating costs        
Operating expenses 70,026 60,729 190,638 165,234
Cost of sales - food and beverages 4,985 3,696 14,134 8,951
General and administrative expense 8,572 9,685 29,190 25,697
Depreciation and amortization 6,819 5,823 19,144 17,852
Pre-opening costs 2,145 2,030 4,830 3,375
(Gain) loss on lease terminations and impairment 1,318 324 16,350 2,972
Total operating costs 93,865 82,287 274,286 224,081
Operating income (loss) (5,191) (5,921) (29,942) (12,744)
Other income (expenses)        
Interest and investment income 220 190 636 502
Interest expense, net (2,608) (2,626) (8,802) (7,964)
Other income (loss), net 920 107 4,559 29
Total other income (expenses) (1,468) (2,329) (3,607) (7,433)
Loss before income tax (6,659) (8,250) (33,549) (20,177)
Income tax expense 472 616 2,061 1,562
Consolidated net loss (7,131) (8,866) (35,610) (21,739)
Less: net income (loss) attributable to noncontrolling interest 21 (15) (60) (15)
Net loss attributable to the Company (7,152) (8,851) (35,550) (21,724)
Preferred dividends (1,395) (1,395) (4,185) (4,185)
Loss applicable to common stockholders, Basic (8,547) (10,246) (39,735) (25,909)
Loss applicable to common stockholders, diluted $ (8,547) $ (10,246) $ (39,735) $ (25,909)
Loss applicable to common stock, per share        
Basic (in usd per share) $ (0.09) $ (0.11) $ (0.43) $ (0.29)
Diluted (in usd per share) $ (0.09) $ (0.11) $ (0.43) $ (0.29)
Weighted average number of shares of common stock outstanding        
Basic (in shares) 92,385,019 92,085,846 92,339,823 88,938,344
Diluted (in shares) 92,385,019 92,085,846 92,339,823 88,938,344
Golf operations        
Revenues        
Total revenues $ 70,872 $ 62,257 $ 193,732 $ 177,170
Sales of food and beverages        
Revenues        
Total revenues $ 17,802 $ 14,109 $ 50,612 $ 34,167