SUPPLEMENTAL PURCHASE AGREEMENT TRANSACTION INFORMATION

Schedule of consideration paid


Consideration Paid	March 24, 2023
Common stock issued	$	2,020
Note payable issued		9,880
Purchase price	$	11,900

Schedule of reconciliation of previously reported to the current financial statements

The following table reconciles the previously reported Balance Sheet at December 31, 2022 to the current Balance Sheet for the same period:


	December 31, 2022
	Dawson		Breckenridge		Dawson
	Previously Reported				As Adjusted
			(unaudited)		(unaudited)
Assets
Current assets:
Cash and cash equivalents	$	13,914	$	4,689	$	18,603
Restricted cash		5,000		—		5,000
Short-term investments		265		—		265
Accounts receivable, net		6,945		1,027		7,972
Employee retention credit receivable		3,035		—		3,035
Prepaid expenses and other current assets		8,876		75		8,951
Total current assets		38,035		5,791		43,826

Property and equipment, net		18,127		2,341		20,468
Right-of-use assets		4,010		—		4,010
Intangibles, net		369		—		369
Total assets	$	60,541	$	8,132	$	68,673

Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	4,015	$	125	$	4,140
Accrued liabilities:
Payroll costs and other taxes		1,973		28		2,001
Other		1,178		102		1,280
Deferred revenue		7,199		181		7,380
Current maturities of notes payable and finance leases		275		—		275
Current maturities of operating lease liabilities		1,118		—		1,118
Total current liabilities		15,758		436		16,194

Long-term liabilities:
Notes payable and finance leases, net of current maturities		207		—		207
Operating lease liabilities, net of current maturities		3,331		—		3,331
Deferred tax liabilities, net		136		1		137
Total long-term liabilities		3,674		1		3,675

Stockholders' equity:
Common stock		238		—		238
Additional paid-in capital		155,413		—		155,413
Accumulated deficit		(112,469)		—		(112,469)
Equity of Breckenridge prior to acquisition		—		7,695		7,695
Accumulated other comprehensive loss, net		(2,073)		—		(2,073)
Total stockholders' equity		41,109		7,695		48,804

Total liabilities and stockholders' equity	$	60,541	$	8,132	$	68,673

The following table reconciles the previously reported Statement of Operations for the three months ended March 31, 2022 to the current Statement of Operations for the same period:


	Three Months Ended March 31, 2022
	Dawson		Breckenridge		Eliminations		Dawson
	Previously Reported						As Adjusted

Operating revenues	$	18,359	$	4,902	$	(1,327)	$	21,934

Operating costs:
Operating expenses		12,638		3,092		(1,327)		14,403
General and administrative		5,531		337		—		5,868
Depreciation and amortization		2,634		467		—		3,101
		20,803		3,896		(1,327)		23,372

(Loss) income from operations		(2,444)		1,006		—		(1,438)

Other income (expense):
Interest income		25		1		—		26
Interest expense		(11)		—		—		(11)
Other income (expense), net		39		—		—		39
(Loss) income before income tax		(2,391)		1,007		—		(1,384)
Income tax expense		—		(1)		—		(1)
Net (loss) income		(2,391)		1,006		—		(1,385)
Other comprehensive loss:
Net unrealized loss on foreign exchange rate translation		(233)		—		—		(233)

Comprehensive (loss) income	$	(2,624)	$	1,006	$	—	$	(1,618)
Basic loss per share of common stock	$	(0.10)	$	—	$	—	$	(0.06)
Diluted loss per share of common stock	$	(0.10)	$	—	$	—	$	(0.06)
Weighted average equivalent common shares outstanding		23,692,558		—		—		24,709,159
Weighted average equivalent common shares outstanding
- assuming dilution		23,692,558		—		—		24,709,159

The following table reconciles the previously reported Statement of Cash Flows for the three months ended March 31, 2022 to the current Statement of Cash Flows for the same period:


	Three Months Ended March 31, 2022
	Dawson		Breckenridge		Dawson
	Previously Reported				As Adjusted

Cash flows from operating activities:
Net (loss) income	$	(2,391)	$	1,006	$	(1,385)

Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:
Depreciation and amortization		2,634		467		3,101
Operating lease cost		255		—		255
Non-cash compensation		279		—		279
Gain on disposal of assets		(10)		—		(10)
Remeasurement and other		(23)		—		(23)
Change in operating assets and liabilities:
Increase in accounts receivable		(9,851)		(1,907)		(11,758)
Decrease (increase) in prepaid expenses and other assets		78		(7)		71
(Decrease) increase in accounts payable		(576)		2,416		1,840
Increase in accrued liabilities		47		104		151
Decrease in operating lease liabilities		(247)		—		(247)
Decrease in deferred revenue		(855)		(568)		(1,423)
Net cash (used in) provided by operating activities		(10,660)		1,511		(9,149)

Cash flows from investing activities:
Capital expenditures		(28)		—		(28)
Proceeds from disposal of assets		10		—		10
Net cash used in investing activities		(18)		—		(18)

Cash flows from financing activities:
Principal payments on notes payable		(328)		—		(328)
Principal payments on finance leases		(9)		—		(9)
Tax withholdings related to stock-based compensation awards		(79)		—		(79)
Sale of treasury stock		113		—		113
Breckenridge cash contributions prior to acquisition		—		1,950		1,950
Net cash (used in) provided by financing activities		(303)		1,950		1,647

Effect of exchange rate changes on cash and cash equivalents and restricted cash		—		—		—

Net (decrease) increase in cash and cash equivalents and restricted cash		(10,981)		3,461		(7,520)

Cash and cash equivalents and restricted cash at beginning of period		30,376		—		30,376

Cash and cash equivalents and restricted cash at end of period	$	19,395	$	3,461	$	22,856

Supplemental cash flow information:
Cash paid for interest	$	11	$	—	$	11

Non-cash operating, investing and financing activities:
Increase in right-of-use assets and operating lease liabilities	$	527	$	—	$	527
Financed insurance premiums	$	944	$	—	$	944
Deemed contribution of Breckenridge net assets	$	—	$	(6,472)	$	(6,472)