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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 15,961 $ 13,871
Restricted cash 502 502
Accounts receivable, net 23,561 33,950
Subscription acquisition costs, current portion 31,908 25,931
Prepayments and other current assets 12,037 4,441
Total current assets 83,969 78,695
Property and equipment, net 565 735
Operating lease right-of-use assets 327 372
Platform development, net 10,189 10,330
Subscription acquisition costs, net of current portion 12,460 14,133
Acquired and other intangible assets, net 54,844 58,970
Other long-term assets 1,025 1,140
Goodwill 41,329 39,344
Total assets 204,708 203,719
Current liabilities:    
Accounts payable 15,458 12,863
Accrued expenses and other 21,467 23,102
Line of credit 9,559 14,092
Unearned revenue 60,584 58,703
Subscription refund liability 940 845
Operating lease liability 442 427
Contingent consideration 1,060
Liquidated damages payable 5,970 5,843
Bridge notes 35,433 34,805
Term debt 65,932 65,684
Total current liabilities 216,845 216,364
Unearned revenue, net of current portion 21,234 19,701
Operating lease liability, net of current portion 242 358
Liquidated damages payable, net of current portion 124 494
Other long-term liabilities 5,314 5,307
Deferred tax liabilities 472 465
Total liabilities 244,231 242,689
Commitments and contingencies (Note 18)
Mezzanine equity:    
Total mezzanine equity 13,176 13,176
Stockholders’ deficiency:    
Common stock, $0.01 par value, authorized 1,000,000,000 shares; issued and outstanding: 21,773,078 and 18,303,193 shares at March 31, 2023 and December 31, 2022, respectively 217 182
Common stock to be issued
Additional paid-in capital 289,532 270,743
Accumulated deficit (342,448) (323,071)
Total stockholders’ deficiency (52,699) (52,146)
Total liabilities, mezzanine equity and stockholders’ deficiency 204,708 203,719
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 $ 13,008