Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF INCOME (LOSS)

v3.20.4
CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
$ in Thousands
 12 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Revenues $ 191,720 $ 193,288
Cost of revenues 116,403 122,415
Gross profit 75,317 70,873
Operating expenses:    
General and administrative expenses 43,561 52,840
Sales and marketing expenses 11,334 14,777
Total operating expenses 54,895 67,617
Operating income (loss) 20,422 3,256
Other (expense) income:    
Interest expense, net (5,254) (6,315)
Gain on lease settlement, net 307 0
Bargain purchase gain 1,507 0
Impairment charges (525) (3,222)
Other income (841) 644
Total other (expense) income, net (4,806) (8,893)
Income (loss) before income taxes 15,616 (5,637)
Provision (benefit) for income taxes 4,957 (1,625)
Net income (loss) 10,659 (4,012)
Net loss attributable to non-controlling interest 268 0
Net income (loss) attributable to Live stockholders $ 10,927 $ (4,012)
Income (loss) per share:    
Basic $ 6.40 $ (2.11)
Diluted $ 3.09 $ (2.11)
Weighted average common shares outstanding:    
Basic 1,706,561 1,901,315
Diluted 3,534,936 1,901,315
Dividends declared - Common stock $ 0 $ 0
Series B Convertible Preferred Stock    
Weighted average common shares outstanding:    
Dividends declared - convertible preferred stock 0 0
Series E Convertible Preferred Stock    
Weighted average common shares outstanding:    
Dividends declared - convertible preferred stock $ 1 $ 1