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BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 2022

Accounting Policies [Abstract]

Long-Lived Assets by Geographic Areas

The following table sets forth long-lived asset information, which includes property and equipment and right-of-use assets and excludes goodwill and intangibles, where individual countries represent a significant portion of the total:

		September 30, 2022				December 31, 2021
United States		$	5,462			$	3,043
Sweden			1,249				1,050
Finland			383				301
Norway			15				—
Long-lived assets related to foreign operations			1,647				1,351
Total long-lived assets-net		$	7,109			$	4,394

Schedule of effects Adjustments in Operations and Comprehensive Income

The effects of the adjustments to the Company's previously reported unaudited 2021 quarterly consolidated statements of operations and comprehensive income (loss) on a standalone quarter basis are as follows:

	Consolidated Statement of Operations and Comprehensive Income												Consolidated Statement of Operations and Comprehensive Income
	For the three months ended September 30, 2021 (unaudited)												For the nine months ended September 30, 2021 (unaudited)
	As Reported				Adjustment				As Restated				As Reported				Adjustment				As Restated
Revenue	$	94,909			$	—			$	94,909			$	210,017			$	—			$	210,017
Gross Profit		37,693				—				37,693				86,522				—				86,522
General and administrative expenses1		11,140				12,117				23,257				28,066				15,297				43,363
Total operating expense		33,761				12,117				45,878				78,177				15,297				93,474
Income (loss) from operations		3,932				(12,117	)			(8,185	)			8,345				(15,297	)			(6,952	)
Net income (loss) before income taxes		3,580				(12,117	)			(8,537	)			8,125				(15,297	)			(7,172	)
Net income (loss)	$	2,746			$	(12,117	)		$	(9,371	)		$	7,292			$	(15,297	)		$	(8,005	)
Net income (loss) per share
Basic	$	0.04			$	(0.17	)		$	(0.13	)		$	0.10			$	(0.21	)		$	(0.11	)
Diluted	$	0.03			$	-			$	-			$	0.09			$	-			$	-

1 In order to correct previously reported share-based compensation for three months and nine months ended September 30, 2021, the Company is recognizing additional share-based compensation expense of approximately $12.1 million and $15.3 million, respectively.

Schedule of effects of Adjustments in Consolidated Balance Sheet

The effects of the adjustments to the Company's previously reported unaudited 2021 quarterly consolidated balance sheet are as follows:
 

	Consolidated Balance Sheet (unaudited)
	September 30, 2021
	As Reported				Adjustment				As Restated
Current assets	$	252,562			$	—			$	252,562
Total assets		294,978				—				294,978
Current liabilities	$	93,421			$	—			$	93,421
Total liabilities		97,580				—				97,580
Additional paid-in capital	$	244,294			$	15,297			$	259,591
Accumulated deficit		(48,135	)			(15,297	)			(63,432	)
Total Stockholders' Equity Impact	$	197,398			$	—			$	197,398

X

- Definition

Tabular disclosure of condensed balance sheet, including, but not limited to, balance sheets of consolidated entities and consolidation eliminations.

+ References

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-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
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-Subsection 04

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-Name Accounting Standards Codification
-Topic 235
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Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets.

+ References

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-Name Accounting Standards Codification
-Topic 280
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Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans.

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