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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current Assets    
Cash and cash equivalents $ 6,327 $ 59,152
Accounts receivable, net of allowance of $15 and $39, at September 30, 2025, and December 31, 2024, respectively 58,821 49,599
Prepaid expenses 6,178 2,747
Deferred charges 4,486 3,807
Other current assets 1,492 1,679
Total current assets 77,304 116,984
Restricted cash 605 605
Property and equipment, net 1,464 1,667
Capitalized software development costs, net 12,401 8,750
Intangible assets, net 65,847 69,872
Goodwill 275,703 275,703
Deferred tax assets 1,242 1,242
Right-of-use assets 3,230 3,053
Other assets 1,392 1,214
Total assets 439,188 479,090
Current Liabilities    
Accounts payable 4,107 3,261
Accrued expenses and other current liabilities 51,308 29,578
Current maturities of long-term debt, net 15,000 15,000
Deferred revenue 23,472 19,970
Total current liabilities 93,887 67,809
Long-term debt, net 264,908 275,580
Warrant liability 0 252,178
Lease liability 672 963
Other non-current liabilities 8,767 14,130
Total liabilities 368,234 610,660
Commitments and Contingencies (Note 13)
Stockholders’ Equity (Deficit)    
Preferred stock, par value $0.0001; $100,000,000 shares authorized; none issued and outstanding at September 30, 2025, and December 31, 2024, respectively 0 0
Common stock, par value $0.0001; $1,000,000,000 shares authorized; $184,495,291 and $178,567,403 shares issued at September 30, 2025, and December 31, 2024, respectively; $184,495,291 and $177,193,667 outstanding at September 30, 2025, and December 31, 2024, respectively 18 18
Treasury stock 0 (14,295)
Additional paid-in capital 188,257 74,519
Accumulated deficit (117,321) (191,812)
Total stockholders’ equity (deficit) 70,954 (131,570)
Total liabilities and stockholders’ equity (deficit) $ 439,188 $ 479,090