v3.24.2.u1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 72,266 $ 32,557
Accounts receivable, less allowance for credit losses of $127 as of June 30, 2024 and $230 as of December 31, 2023 33,944 21,949
Contract assets 1,041 4,822
Prepaid expenses and other current assets 4,519 4,449
Total current assets 111,770 63,777
Non-current assets:    
Property and equipment, net 1,586 997
Goodwill 118,621 48,683
Intangible assets, net 118,197 82,040
Right-of-use assets 9,620 4,041
Other non-current assets 1,089 372
Total assets 360,883 199,910
Current liabilities:    
Accounts payable 7,128 11,038
Short-term debt, including current portion of long-term debt 417 1,229
Accrued liabilities 20,375 16,233
Contract liabilities 3,496 879
Current portion of long-term lease liability 1,077 779
Derivative liabilities 17,074 37,862
Other current liabilities 3,748 602
Total current liabilities 53,315 68,622
Non-current liabilities:    
Long-term debt, net 195,250 194,273
Long-term lease liability 9,562 4,313
Deferred tax liabilities 0 37
Total liabilities 258,127 267,245
Commitments and contingencies (Note 13)
Stockholders’ equity (deficit):    
Common stock, par value $0.0001; 500,000,000 shares authorized and 246,774,184 shares issued and outstanding at June 30, 2024 and 157,287,522 shares issued and outstanding at December 31, 2023 25 17
Additional paid-in capital 610,395 303,428
Treasury stock, at cost 9,952,803 shares at June 30, 2024 and December 31, 2023 (57,350) (57,350)
Accumulated deficit (450,314) (313,430)
Total stockholders’ equity (deficit) 102,756 (67,335)
Total liabilities and stockholders’ equity (deficit) $ 360,883 $ 199,910

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