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Accrued Expenses and Other Current Liabilities
9 Months Ended
Sep. 30, 2023
Accrued Liabilities and Other Liabilities [Abstract]  
Accrued Expenses and Other Current Liabilities

Note 7 Accrued Expenses and Other Current Liabilities

Accrued Expenses

The Company’s accrued expenses consisted of the following (dollars in thousands):

 

 

 

September 30, 2023

 

 

December 31, 2022

 

Accrued charitable contributions

 

$

3,752

 

 

$

3,067

 

Accrued compensation

 

 

2,686

 

 

 

1,534

 

Sales tax payable

 

 

1,577

 

 

 

1,357

 

Accrued professional and program fees

 

 

5,369

 

 

 

4,008

 

Other

 

 

1,042

 

 

 

999

 

Total

 

$

14,426

 

 

$

10,965

 

 

Accrued charitable contributions includes amounts the Company has pledged related to charitable meal donations. The Company uses a portion of tips received to make a charitable cash donation to a third party who uses the funds to provide meals to those in need. For the three and nine months ended September 30, 2023, the Company pledged approximately $0.9 million and $4.2 million related to charitable donations, respectively. For the three and nine months ended September 30, 2022, the Company pledged approximately $0.9 million and $2.9 million related to charitable donations, respectively. These costs are expensed as incurred and are presented within other operating expenses in the unaudited condensed consolidated statements of operations.

 

Other Current Liabilities

The Company’s other current liabilities consisted of the following (dollars in thousands):

 

 

 

September 30, 2023

 

 

December 31, 2022

 

Deferred transaction costs

 

$

3,150

 

 

$

3,150

 

Other

 

 

549

 

 

 

1,161

 

Total

 

$

3,699

 

 

$

4,311

 

 

Other current liabilities includes $3.2 million in deferred transaction costs associated with the Business Combination. These transaction costs were also capitalized and included within APIC in the unaudited condensed consolidated balance sheets. Other current liabilities also includes approximately $0.2 million and $0.7 million in unearned revenue as of September 30, 2023 and December 31, 2022, respectively.