XML 25 R6.htm IDEA: XBRL DOCUMENT v3.24.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (63,218) $ (123,332)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 10,876 13,214
Non-cash loan amortization expense 426 265
Share-based compensation expense 3,756 4,092
Goodwill impairment 55,405 111,069
Write-off of intangible assets 0 186
Loss on disposal of property and equipment 0 19
Provision for bad debts 124 450
Deferred income taxes (145) (225)
Changes in assets and liabilities, net of business acquisition:    
Accounts receivable 6,509 6,617
Prepaid expenses and other current assets (2,565) (917)
Other non-current assets 325 162
Operating lease assets and liabilities, net (330) (184)
Accounts payable 4,764 (9,940)
Accrued expenses and other current liabilities (6,088) 477
Deferred revenue (584) 139
Other (1,117) (128)
Net cash provided by operating activities 8,138 1,964
CASH FLOWS FROM INVESTING ACTIVITIES:    
Business acquisition/consolidation, net of cash acquired (1,250) (1,036)
Capitalized costs included in intangible assets (5,838) (4,383)
Acquisition of property and equipment (25) (17)
Net cash used in investing activities (7,113) (5,436)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments of long-term debt (10,000) (5,000)
Debt financing costs (532) 0
Taxes paid related to net share settlement of vesting of restricted stock units (236) (448)
Net cash used in financing activities (10,768) (5,448)
Net decrease in cash and cash equivalents (9,743) (8,920)
Cash and cash equivalents at beginning of period 25,547 34,467
Cash and cash equivalents at end of period 15,804 25,547
SUPPLEMENTAL DISCLOSURE INFORMATION    
Cash paid for interest 2,984 1,758
Cash paid (refund) for income taxes, net (272) 1,014
Share-based compensation capitalized in intangible assets 94 97
Equity issued in connection with True North acquisition 0 211
TAPP LLC [Member]    
SUPPLEMENTAL DISCLOSURE INFORMATION    
Contingent payments in connection with TAPP consolidation 2,915 0
True North Loyalty, Llc [Member]    
SUPPLEMENTAL DISCLOSURE INFORMATION    
Deferred payment in connection with True North acquisition 0 860
Contingent payments in connection with acquisition $ 0 $ 250