Quarterly report pursuant to Section 13 or 15(d)

Equity Method Investments (Tables)

v3.21.2
Equity Method Investments (Tables)
 9 Months Ended
Sep. 30, 2021
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments
The following tables present summarized financial information for the Company’s equity method investments as of September 30, 2021 and December 31, 2020 and for the three and nine months ended September 30, 2021, and September 30, 2020.
September 30, December 31,
Summarized balance sheets 2021 2020
(in thousands)
Current assets $ 73,494  $ 64,355 
Non-current assets 6,305  7,468 
Total assets $ 79,799  $ 71,823 
Current liabilities $ 59,139  $ 57,040 
Non-current liabilities 896  6,589 
Total liabilities $ 60,035  $ 63,629 
Three Months Ended September 30, Nine Months Ended September 30,
Summarized statements of operations 2021 2020 2021 2020
(in thousands) (in thousands)
Revenue $ 3,494  $ 9,604  $ 24,212  $ 12,946 
Gross margin $ 553  $ 1,381  $ 7,110  $ 1,924 
Net income/(loss) $ (1,590) $ 184  $ 570  $ (1,494)