XML 16 R2.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 13,871 $ 9,349
Restricted cash 502 502
Accounts receivable, net 33,950 21,660
Subscription acquisition costs, current portion 25,931 30,162
Royalty fees 11,250
Prepayments and other current assets 4,441 4,748
Total current assets 78,695 77,671
Property and equipment, net 735 636
Operating lease right-of-use assets 372 528
Platform development, net 10,330 9,299
Subscription acquisition costs, net of current portion 14,133 8,235
Acquired and other intangible assets, net 58,970 57,356
Other long-term assets 1,140 639
Goodwill 39,344 19,619
Total assets 203,719 173,983
Current liabilities:    
Accounts payable 12,863 11,982
Accrued expenses and other 23,102 24,011
Line of credit 14,092 11,988
Unearned revenue 58,703 54,030
Subscription refund liability 845 3,087
Operating lease liabilities 427 374
Liquidated damages payable 5,843 5,197
Bridge notes 34,805
Current portion of long-term debt 65,684 5,744
Total current liabilities 216,364 116,413
Unearned revenue, net of current portion 19,701 15,277
Operating lease liabilities, net of current portion 358 785
Liquidating damages payable, net of current portion 494 7,008
Other long-term liabilities 5,307 7,556
Deferred tax liabilities 465 362
Long-term debt, net of current portion 64,373
Total liabilities 242,689 211,774
Commitments and contingencies (Note 28)
Mezzanine equity:    
Total mezzanine equity 13,176 13,886
Stockholders’ deficiency:    
Common stock, $0.01 par value, authorized 1,000,000,000 shares: issued and outstanding; 18,303,193 and 12,635,591 shares December 31, 2022 and 2021, respectively 182 126
Common stock to be issued
Additional paid-in capital 270,743 200,410
Accumulated deficit (323,071) (252,213)
Total stockholders’ deficiency (52,146) (51,677)
Total liabilities, mezzanine equity and stockholders’ deficiency 203,719 173,983
Series G Redeemable And Convertible Preferred Stock [Member]    
Mezzanine equity:    
Total mezzanine equity 168 168
Series H Convertible Preferred Stock [Member]    
Mezzanine equity:    
Total mezzanine equity $ 13,008 $ 13,718