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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 4,498 $ 25,764
Restricted cash 62 62
Trade accounts receivable, net of allowance for expected credit losses of $0 and $836, respectively 16,881 1,302
Contract assets 6,489 6,979
Prepaid and other current assets 3,681 6,885
Total current assets 31,611 40,992
Property and equipment, net 18,349 21,176
Operating lease right-of-use assets 35,853 4,829
Finance lease right-of-use assets 95 0
Deferred income taxes 0 7
Total assets 85,908 67,004
Current liabilities    
Current maturities of long-term debt 8,000 16,098
Contract liabilities, current 45,511 56,656
Operating lease liabilities, current 4,833 725
Financing obligation, current (see Note 6 - Leases) 25 0
Other current liabilities 4,747 15,178
Total current liabilities 83,380 95,180
Long-term debt, net of current maturities 0 3,863
Contract liabilities, non-current 0 2,188
Operating lease liabilities, non-current 30,550 5,078
Finance lease liabilities, non-current 67 0
Simple Agreements for Future Equity ("SAFE Agreements") 0 18,314
Earn-out liabilities 14,032 0
Warrant liabilities 11,294 0
Other long-term liabilities 4 0
Total liabilities 139,327 124,623
Commitments and contingencies (Note 14)
MEZZANINE EQUITY    
Series A preferred stock subject to possible redemption, $0.0001 par value, 25,000,000 shares authorized, 26,000 shares issued and outstanding at December 31, 2023 28,201 0
Redeemable noncontrolling interests 181,662 0
SHAREHOLDERS’ DEFICIT    
Common units 0 1
Treasury stock, at cost, 1,250,000 shares at December 31, 2023 (12,825) 0
Paid-in capital 0 14,967
Accumulated deficit (250,466) (72,587)
Total shareholders’ deficit (263,282) (57,619)
Total liabilities, mezzanine equity and shareholders’ deficit 85,908 67,004
Nonrelated Party    
Current liabilities    
Accounts payable and accrued expenses 16,771 6,081
Related Party    
Current liabilities    
Accounts payable and accrued expenses 3,493 442
Class A Common Stock    
SHAREHOLDERS’ DEFICIT    
Common stock 2 0
Class B Common Stock    
SHAREHOLDERS’ DEFICIT    
Common stock 0 0
Class C Common Stock    
SHAREHOLDERS’ DEFICIT    
Common stock $ 7 $ 0