XML 33 R2.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 4,362 $ 9,284
Accounts receivable, net 31,115 31,676
Prepayments and other current assets 4,757 5,791
Current assets from discontinued operations 43,648
Total current assets 40,234 90,399
Property and equipment, net 148 328
Operating lease right-of-use assets 2,340 176
Platform development, net 8,115 8,723
Acquired and other intangible assets, net 22,789 27,457
Other long-term assets 151 1,003
Goodwill 42,575 42,575
Noncurrent assets from discontinued operations 18,217
Total assets 116,352 188,878
Current liabilities:    
Accounts payable 4,844 7,803
Accrued expenses and other 10,990 28,903
Line of credit 19,609
Unearned revenue 6,349 16,938
Subscription refund liability 430 46
Operating lease liability 254 358
Contingent consideration 1,571
Liquidated damages payable 3,230 2,924
Bridge notes 7,887
Debt 102,309
Current liabilities from discontinued operations 96,159 47,673
Total current liabilities 122,256 236,021
Unearned revenue, net of current portion 403 542
Operating lease liability, net of current portion 1,964
Other long-term liabilities 406
Deferred tax liabilities 802 599
Simplify loan 10,651
Debt 110,436
Noncurrent liabilities from discontinued operations 10,137
Total liabilities 246,512 247,705
Commitments and contingencies (Note 25)
Mezzanine equity:    
Total mezzanine equity 168 168
Stockholders’ deficiency:    
Common stock, $0.01 par value, authorized 1,000,000,000 shares: issued and outstanding; 47,556,267 and 23,836,706 shares December 31, 2024 and 2023, respectively 475 237
Additional paid-in capital 348,560 319,421
Accumulated deficit (479,363) (378,653)
Total stockholders’ deficiency (130,328) (58,995)
Total liabilities, mezzanine equity and stockholders’ deficiency 116,352 188,878
Series G Redeemable and Convertible Preferred Stock [Member]    
Mezzanine equity:    
Total mezzanine equity $ 168 $ 168