Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)

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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Revenues $ 75,158 $ 62,454
Cost of revenues 47,542 40,185
Gross profit 27,616 22,269
Operating expenses:    
General and administrative expenses 14,157 12,279
Sales and marketing expenses 3,052 2,699
Total operating expenses 17,209 14,978
Operating income 10,407 7,291
Other (expense) income:    
Interest expense, net (1,017) (1,470)
Gain on disposal of fixed assets 0 129
Loss on bankruptcy settlement (10) 0
Other income 126 779
Total other expense, net (901) (562)
Income before provision for income taxes 9,506 6,729
Provision for income taxes 2,960 1,450
Net income 6,546 5,279
Net loss attributable to non-controlling interest 134
Net income attributable to Live stockholders $ 6,546 $ 5,413
Income per share:    
Basic $ 4.14 $ 3.45
Diluted $ 2.04 $ 1.63
Weighted average common shares outstanding:    
Basic 1,582,334 1,568,213
Diluted 3,202,057 3,319,088
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 $ 0 $ 0