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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 89,605 $ 4,498
Restricted cash 2,042 62
Trade accounts receivable, net of allowance for expected credit losses of $440 and $0, respectively 51,312 16,881
Contract assets 21,572 6,489
Prepaid and other current assets 3,736 3,681
Total current assets 168,267 31,611
Property and equipment, net 17,170 18,349
Operating lease right-of-use assets 39,240 35,853
Finance lease right-of-use assets 121 95
Total assets 224,798 85,908
Current liabilities    
Current maturities of long-term debt 0 8,000
Contract liabilities, current 54,805 41,371
Operating lease liabilities, current 3,120 4,833
Finance lease liabilities, current 36 25
Other current liabilities 12,364 4,747
Total current liabilities 95,314 81,533
Contract liabilities, non-current 879 0
Operating lease liabilities, non-current 35,313 30,550
Finance lease liabilities, non-current 74 67
Earn-out liabilities 47,848 14,032
Warrant liabilities 49,795 11,294
Other long-term liabilities 112 4
Total liabilities 229,335 137,480
Commitments and contingencies (Note 12)
MEZZANINE EQUITY    
Series A preferred stock subject to possible redemption, $0.0001 par value, 25,000,000 shares authorized, 5,000 and 26,000 shares issued and outstanding 5,843 28,201
Redeemable noncontrolling interests 484,973 181,662
SHAREHOLDERS’ DEFICIT    
Treasury stock, at cost, 1,250,000 shares, at cost (12,825) (12,825)
Paid-in capital 0 0
Accumulated deficit (483,998) (248,619)
Total shareholders’ deficit attributable to the Company (496,809) (261,435)
Noncontrolling interests 1,456 0
Total shareholders’ deficit (495,353) (261,435)
Total liabilities, mezzanine equity and shareholders’ deficit 224,798 85,908
Class A Common Stock    
SHAREHOLDERS’ DEFICIT    
Common stock 8 2
Class B Common Stock    
SHAREHOLDERS’ DEFICIT    
Common stock 0 0
Class C Common Stock    
SHAREHOLDERS’ DEFICIT    
Common stock 6 7
Nonrelated Party    
Current liabilities    
Accounts payable and accrued expenses 18,965 16,771
Affiliated Entity    
Current liabilities    
Accounts payable and accrued expenses $ 6,024 $ 5,786