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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 1,664 $ 672
Accounts receivable, net ($34 and $632 related party as of June 30, 2024 and December 31, 2023, respectively) 34 696
Other current assets 1,078 1,061
Total current assets 2,776 2,429
Investments and advances to equity method investments 62,826 60,643
Property and equipment, net 23 23
Other non-current assets 305 264
Total assets 65,930 63,359
Current liabilities:    
Accounts payable ($1,665 and $1,357 related party as of June 30, 2024 and December 31, 2023, respectively) 3,822 3,852
Accrued expenses and other current liabilities ($1,328 and $475 related party as of June 30, 2024 and December 31, 2023, respectively) 23,513 20,840
Short-term debt ($904 related party as of June 30, 2024) 8,471
Current portion of long-term debt ($5,573 and $4,878 related party as of June 30, 2024 and December 31, 2023, respectively) 7,190 6,651
Earnout liabilities – current portion 73,843 183,055
Total current liabilities 116,839 214,398
Other long-term payables 5,500 5,500
Long-term debt, net of current portion ($16,653 and $18,897 related party as of June 30, 2024 and December 31, 2023, respectively) 19,852 22,965
Earnout liabilities, net of current portion 216,922 305,586
Warrant liabilities 6,290 3,904
Total liabilities 365,403 552,353
Commitments and contingencies – Note 10
Stockholders’ equity (deficit)    
Additional paid-in capital 5,681 11,699
Accumulated deficit (50,191) (68,594)
Accumulated other comprehensive loss (216) (216)
Total equity attributable to common stockholders (44,719) (57,105)
Non-controlling interests (254,754) (431,889)
Total equity (299,473) (488,994)
Total liabilities and equity 65,930 63,359
Class A Common Stock    
Stockholders’ equity (deficit)    
Common stock, value 1 1
Class B Common Stock    
Stockholders’ equity (deficit)    
Common stock, value $ 6 $ 5