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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 7,069 $ 11,203
Restricted cash 6,681 6,181
Short-term investments 92,487 22,171
Accounts receivable 10,811 7,222
Other current assets 3,830 4,467
Total current assets 120,878 51,244
Investments 55,716 2,825
Property and equipment, net 1,298 1,346
Content assets, net 49,136 32,926
Intangibles, net 1,253  
Goodwill 2,565  
Other assets 310 254
Total assets 231,156 88,595
Current liabilities    
Current content liabilities 6,581 2,116
Accounts payable 5,364 3,577
Accrued expenses and other liabilities 4,627 3,313
Deferred revenue 21,462 12,678
Total current liabilities 38,034 21,684
Warrant liability 22,865 20,843
Non-current deferred rent liability 1,309 1,027
Other liabilities 165 67
Total liabilities 62,373 43,621
Stockholders’ equity (deficit)    
Preferred stock, $0.0001 par value – 1,000 shares authorized at June 30, 2021 and December 31, 2020; zero shares issued and outstanding as of June 30, 2021 and December 31, 2020
Common stock, $0.0001 par value – 125,000 shares authorized at June 30, 2021 and December 31, 2020; 52,583 shares issued and outstanding at June 30, 2021; 40,289 shares issued and 39,542 shares outstanding as of December 31, 2020 5 4
Additional paid-in capital 349,597 197,507
Accumulated other comprehensive income (loss) (1,213) 10
Accumulated deficit (179,606) (152,547)
Total stockholders’ equity (deficit) 168,783 44,974
Total liabilities and stockholders’ equity (deficit) $ 231,156 $ 88,595