Balance sheet

v3.24.3

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
ASSETS
Cash and cash equivalents	$ 11,422	$ 46,609
Accounts receivable, net	33,859	33,895
Prepaid expenses and other current assets	6,162	7,864
Current assets of discontinued operations	113,972	97,446
Total current assets	165,415	185,814
Property, equipment and improvements, net	9,864	8,079
Intangible assets, net	65,488	83,423
Goodwill	53,110	53,529
Long-term restricted cash	936	867
Other assets	7,022	9,164
Non-current assets of discontinued operations	34,590	37,982
Total assets	336,425	378,858
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
Accounts payable	9,356	16,620
Deferred revenue	12,836	12,813
Term Loan, current portion (Note 4)	38,262	5,813
Accrued purchase consideration, current	983	1,000
Accrued media payments	2,906	2,220
Client advances	17	17
Other accrued liabilities	26,387	26,493
Current liabilities of discontinued operations	158,540	126,893
Total current liabilities	249,287	191,869
Convertible Notes, non-current	89,990	89,572
Term Loan, non-current (Note 4)	12,906	45,012
Accrued purchase consideration, non-current	750	633
Other non-current liabilities	8,653	13,625
Total liabilities	361,586	340,711
Commitments and contingencies (Note 9)
Stockholders' equity (deficit)
Common stock, par value $0.001 per share; 75,000,000 shares authorized; 38,209,430 and 37,186,348 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively	39	38
Additional paid-in capital	473,871	468,015
Accumulated deficit	(499,071)	(429,896)
Accumulated other comprehensive loss		(10)
Total stockholders' equity (deficit)	(25,161)	38,147
Total liabilities and stockholders' equity (deficit)	$ 336,425	$ 378,858

- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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