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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net income and comprehensive income $ 1,622 $ 2,249
Depreciation and amortization 2,890 2,628
Loss on disposal of fixed assets 37 129
Gain on fair value instruments (487) (4,149)
Paid-in-kind interest 552 510
Equity‑based compensation 1,075 2,878
Amortization of right-of-use assets 14,652 14,096
Accounts receivable, net 1,520 1,068
Accounts receivable, net – related parties 0 (198)
Prepaid member travel (4,301) 1,707
Prepaid expenses 386 1,797
Other assets 194 153
Deferred revenue (12,401) (14,641)
Lease liabilities (13,807) (14,921)
Other liabilities 32 353
Net cash used in operating activities (6,627) (7,202)
Cash flows from investing activities:    
Purchase of property and equipment (863) (1,266)
Development of internal-use software (52) (236)
Net cash used in investing activities (915) (1,502)
Cash flows from financing activities:    
Proceeds from exercise of Investment Warrants 2,000 0
Payments of employee taxes for share-based awards 0 (276)
Net cash provided by (used in) financing activities 2,000 (276)
Net decrease in cash, cash equivalents and restricted cash (5,542) (8,980)
Cash, cash equivalents and restricted cash – beginning of period 35,005 42,266
Cash, cash equivalents and restricted cash – end of period 29,463 33,286
Non Related Party    
Cash flows from operating activities:    
Accounts payable and accrued liabilities 1,315 (861)
Related Party    
Cash flows from operating activities:    
Accounts payable and accrued liabilities $ 94 $ 0