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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 43,813 $ 47,230
Short term investment 2,986 8,216
Accounts receivable 1,189 2,168
Other current assets 3,635 3,576
Total current assets 51,623 61,190
Network under construction 2,634 3,574
Property and equipment, net of accumulated depreciation of $6,844 and $5,971 at March 31, 2023 and December 31, 2022, respectively 20,184 19,180
Operating lease right-of-use assets 12,417 10,143
Goodwill 17,821 17,493
Intangible assets 10,602 10,397
Other assets 1,732 1,811
Total assets 117,013 123,788
Current liabilities:    
Accounts payable 656 1,019
Accrued expenses and other current liabilities 4,993 5,241
Operating lease current liabilities 2,440 2,532
Deferred revenue 60 95
Total current liabilities 8,149 8,887
Warrants 7,000 4,200
Operating lease noncurrent liabilities 7,744 5,290
Other long-term liabilities 1,600 1,547
Total liabilities 24,493 19,924
Stockholders’ equity:    
Common stock, authorized 500,000,000 shares; 107,156,831 and 106,418,442 shares issued and 107,155,654 and 106,417,265 shares outstanding at March 31, 2023 and December 31, 2022, respectively 12 12
Additional paid-in capital 791,703 787,130
Accumulated other comprehensive income 1,803 1,371
Accumulated deficit (704,841) (688,492)
Common stock in treasury, at cost; 1,177 shares at March 31, 2023 and December 31, 2022 (4) (4)
Total stockholders’ equity 88,673 100,017
Non-controlling interests 3,847 3,847
Total liabilities and stockholders’ equity $ 117,013 $ 123,788