XML 22 R2.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
ASSETS:    
Cash and cash equivalents $ 9,439 $ 15,804
Accounts receivable, net of allowance for credit losses of $487 and $231, respectively 46,532 56,531
Prepaid expenses and other current assets 8,729 6,071
Restricted cash 1,255 0
Total current assets 65,955 78,406
Property and equipment, net 304 591
Operating lease right-of-use assets 1,570 3,395
Intangible assets, net 21,797 26,809
Goodwill 0 1,261
Other non-current assets 3,991 1,405
Total assets 93,617 111,867
LIABILITIES AND SHAREHOLDERS’ EQUITY:    
Accounts payable 8,776 10,954
Accrued Expenses and Other Current Liabilities 21,905 30,534
Deferred revenue 556 430
Current portion of long-term debt 31,609 5,000
Current portion of operating lease liability 1,836 2,296
Total current liabilities 64,682 49,214
Long-term debt, net 250 25,488
Convertible Notes, at fair value with related parties 3,720 0
Operating lease liability, net 9 1,699
Other Liabilities, Noncurrent 1 1,062
Total liabilities 68,662 77,463
Contingencies (Note 15)
Shareholders' equity:    
Preferred stock — $0.0001 par value, 10,000,000 Shares authorized; Shares outstanding — 0 shares for both periods 0 0
Common stock — $0.0005 par value, 200,000,000 Shares authorized; Shares issued — 20,791,431 and 14,384,936, respectively; and Shares outstanding — 20,022,836 and 13,616,341, respectively 47 43
Treasury stock, at cost — 768,595 and 768,595 shares, respectively (11,407) (11,407)
Additional paid-in capital 447,110 427,286
Accumulated deficit (410,795) (381,518)
Total shareholders’ equity 24,955 34,404
Total liabilities and shareholders' equity $ 93,617 $ 111,867