v3.24.2.u1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and cash equivalents $ 46,024 $ 79,439
Accounts receivable, net 53,927 69,266
Expenditures billable to clients 28,949 19,608
Prepaid expenses and other current assets 13,010 14,457
Total current assets 141,910 182,770
Property, equipment and improvements, net 9,788 8,656
Intangible assets, net 71,447 83,423
Goodwill 79,828 80,247
Long-term restricted cash 933 867
Other assets 17,896 19,851
Total assets 321,802 375,814
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)    
Accounts payable 33,366 32,756
Accrued media payments 69,300 93,896
Client advances 33,341 15,452
Deferred revenue 13,466 12,813
Term Loan, current portion 7,750 5,813
Accrued purchase consideration, current 919 1,000
Other accrued liabilities 23,516 27,095
Total current liabilities 181,658 188,825
Convertible Notes, non-current 89,846 89,572
Term Loan, non-current 43,890 45,012
Accrued purchase consideration, non-current 600 633
Other non-current liabilities 11,502 13,625
Total liabilities 327,496 337,667
Commitments and contingencies (Note 9)
Stockholders' equity    
Common stock, par value $0.001 per share; 75,000,000 shares authorized; 37,964,361 and 37,186,348 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively 39 38
Additional paid-in capital 471,603 468,015
Accumulated deficit (477,325) (429,896)
Accumulated other comprehensive income (loss) (11) (10)
Total stockholders' equity (deficit) (5,694) 38,147
Total liabilities and stockholders' equity (deficit) $ 321,802 $ 375,814

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