Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)

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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Revenues    
Net revenues $ 165,432 $ 163,887
Operating costs and expenses    
Selling, general and administrative 56,052 54,439
Preopening costs   274
Project development costs 1,037 843
Depreciation and amortization 8,331 8,397
Loss on sale or disposal of assets, net 8 79
Total operating costs and expenses 159,216 156,461
Operating income 6,216 7,426
Operating income    
Interest expense, net of amounts capitalized of $772 and $346 (10,728) (10,306)
Loss on extinguishment of debt 0 (2,673)
Adjustment to fair value of warrants (1,230) 1,671
Other   (13)
Total other (expense) income (11,958) (11,321)
Loss before income taxes (5,742) (3,895)
Income tax expense 80 476
Net loss $ (5,822) $ (4,371)
Basic earnings (loss) per share (in dollars per share) $ (0.22) $ (0.17)
Diluted earnings (loss) per share (in dollars per share) $ (0.22) $ (0.23)
Weighted Average Number of Shares Outstanding, Basic 26,979,829 26,012,381
Weighted Average Number of Shares Outstanding, Diluted 26,979,829 26,460,902
Casino    
Revenues    
Net revenues $ 113,390 $ 114,324
Operating costs and expenses    
Costs and expenses 50,673 50,074
Food and beverage    
Revenues    
Net revenues 35,069 35,058
Operating costs and expenses    
Costs and expenses 33,950 33,495
Hotel    
Revenues    
Net revenues 11,535 9,864
Operating costs and expenses    
Costs and expenses 5,608 5,747
Other operations    
Revenues    
Net revenues 5,438 4,641
Operating costs and expenses    
Costs and expenses $ 3,557 $ 3,113