XML 49 R39.htm IDEA: XBRL DOCUMENT v3.23.2
SUPPLEMENTAL PURCHASE AGREEMENT TRANSACTION INFORMATION - Balance sheet (Details) - USD ($)
$ in Thousands
Jun. 30, 2023
Mar. 31, 2023
Mar. 24, 2023
Jan. 01, 2023
Dec. 31, 2022
Jun. 30, 2022
Mar. 31, 2022
Jan. 01, 2022
Dec. 31, 2021
Current assets:                  
Cash and cash equivalents $ 18,087       $ 18,603        
Restricted cash 5,000       5,000        
Short-term investments 265       265        
Accounts receivable, net 5,486       7,972        
Employee retention credit receivable         3,035        
Prepaid expenses and other current assets 10,672       8,951        
Total current assets 39,510       43,826        
Property and equipment         20,468        
Right-of-use assets 3,784       4,010        
Intangibles, net 377       369        
Total assets 61,080       68,673        
Current liabilities:                  
Accounts payable 5,447       4,140        
Accrued liabilities:                  
Payroll costs and other taxes 1,052       2,001        
Other 1,129       1,280        
Deferred revenue 9,099     $ 7,380 7,380 $ 1,472   $ 1,344  
Current maturities of notes payable and finance leases 566       275        
Current maturities of operating lease liabilities 1,211       1,118        
Total current liabilities 28,384       16,194        
Long-term liabilities:                  
Notes payable and finance leases, net of current maturities 762       207        
Operating lease liabilities, net of current maturities 2,979       3,331        
Deferred tax liabilities, net 15       137        
Total long-term liabilities 3,756       3,675        
Stockholders' equity:                  
Common stock 250       238        
Additional paid-in capital 146,856       155,413        
Accumulated deficit (116,336)       (112,469)        
Equity of Breckenridge prior to acquisition         7,695        
Accumulated other comprehensive loss, net (1,830)       (2,073)        
Total stockholders' equity 28,940 $ 33,121     48,804 $ 63,586 $ 69,594   $ 62,477
Total liabilities and stockholders' equity $ 61,080       68,673        
Breckenridge Geophysical, LLC                  
Current assets:                  
Accounts receivable, net     $ 67            
Prepaid expenses and other current assets     56            
Accrued liabilities:                  
Other     16            
Deferred revenue     $ 94            
Previously reported                  
Current assets:                  
Cash and cash equivalents         13,914        
Restricted cash         5,000        
Short-term investments         265        
Accounts receivable, net         6,945        
Employee retention credit receivable         3,035        
Prepaid expenses and other current assets         8,876        
Total current assets         38,035        
Property and equipment         18,127        
Right-of-use assets         4,010        
Intangibles, net         369        
Total assets         60,541        
Current liabilities:                  
Accounts payable         4,015        
Accrued liabilities:                  
Payroll costs and other taxes         1,973        
Other         1,178        
Deferred revenue         7,199        
Current maturities of notes payable and finance leases         275        
Current maturities of operating lease liabilities         1,118        
Total current liabilities         15,758        
Long-term liabilities:                  
Notes payable and finance leases, net of current maturities         207        
Operating lease liabilities, net of current maturities         3,331        
Deferred tax liabilities, net         136        
Total long-term liabilities         3,674        
Stockholders' equity:                  
Common stock         238        
Additional paid-in capital         155,413        
Accumulated deficit         (112,469)        
Accumulated other comprehensive loss, net         (2,073)        
Total stockholders' equity         41,109        
Total liabilities and stockholders' equity         60,541        
Adjustment | Breckenridge Geophysical, LLC                  
Current assets:                  
Cash and cash equivalents         4,689        
Accounts receivable, net         1,027        
Prepaid expenses and other current assets         75        
Total current assets         5,791        
Property and equipment         2,341        
Total assets         8,132        
Current liabilities:                  
Accounts payable         125        
Accrued liabilities:                  
Payroll costs and other taxes         28        
Other         102        
Deferred revenue         181        
Total current liabilities         436        
Long-term liabilities:                  
Deferred tax liabilities, net         1        
Total long-term liabilities         1        
Stockholders' equity:                  
Equity of Breckenridge prior to acquisition         7,695        
Total stockholders' equity         7,695        
Total liabilities and stockholders' equity         $ 8,132