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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 39,120 $ 27,606
Accounts receivable, net of allowance of $114 and $757, at September 30, 2024, and December 31, 2023, respectively 43,984 33,906
Prepaid expenses 5,188 4,190
Deferred charges 3,773 3,635
Other current assets 605 2,413
Total current assets 92,670 71,750
Restricted cash 605 1,392
Property and equipment, net 1,652 1,576
Capitalized software development costs, net 8,665 7,433
Intangible assets, net 72,987 82,332
Goodwill 275,703 275,703
Right-of-use assets 2,922 3,362
Other assets 1,141 1,047
Total assets 456,345 444,595
Current Liabilities    
Accounts payable 2,082 3,526
Accrued expenses and other current liabilities 26,371 22,934
Current maturities of long-term debt, net 15,000 15,000
Deferred revenue 19,895 19,181
Total current liabilities 63,348 60,641
Long-term debt, net 279,136 325,600
Warrant liability 113,200 67,622
Lease liability 1,030 2,241
Deferred tax liability 3,422 4,665
Other non-current liabilities 9,612 2,118
Total liabilities 469,748 462,887
Commitments and Contingencies (Note 14)
Stockholders’ Deficit    
Preferred stock, par value $0.0001; $100,000,000 shares authorized; none issued and outstanding at September 30, 2024, and December 31, 2023, respectively 0 0
Common stock, par value $0.0001; $1,000,000,000 shares authorized; $177,085,154 and $175,377,711 shares issued at September 30, 2024, and December 31, 2023, respectively; $176,188,289 and $175,020,471 outstanding at September 30, 2024, and December 31, 2023, respectively 18 18
Treasury stock (7,776) (2,154)
Additional paid-in capital 62,315 44,655
Accumulated deficit (67,960) (60,811)
Total stockholders’ deficit (13,403) (18,292)
Total liabilities and stockholders’ deficit $ 456,345 $ 444,595