XML 9 R2.htm IDEA: XBRL DOCUMENT v3.25.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 1,430 $ 396
Accounts receivable, less allowance for doubtful accounts of $873 and $831 as of March 31, 2025 and December 31, 2024, respectively 64,162 62,252
Prepaid expenses and other current assets 2,423 2,601
Assets held for sale   9,890
Total current assets 68,015 75,139
Goodwill 81,065 81,065
Intangible assets, net 10,277 12,946
Property and equipment, net, and other assets 6,302 6,495
Total assets 165,659 175,645
Current liabilities:    
Accounts payable and accrued liabilities 44,778 39,899
Deferred revenue 142 1,001
Current portion of notes payable 1,545 1,651
Liabilities held for sale   1,840
Total current liabilities 46,465 44,391
Notes payable, net 74,115 76,265
Other long-term liabilities 717 833
Total liabilities 121,297 121,489
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.001 par value, 10,000 shares authorized, no shares issued or outstanding as of March 31, 2025 and December 31, 2024
Common stock, $0.001 par value, 200,000 shares authorized, 20,606 and 20,606 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively 21 21
Additional paid-in capital 179,858 179,246
Accumulated deficit (135,517) (125,111)
Total stockholders’ equity 44,362 54,156
Total liabilities and stockholders’ equity $ 165,659 $ 175,645