v3.22.2.2
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2022
Dec. 31, 2021
ASSETS    
Cash and cash equivalents $ 196,071,000 $ 254,722,000
Accounts receivable, net 85,951,000 85,063,000
Expenditures billable to clients 23,785,000 27,180,000
Prepaid expenses and other current assets 16,963,000 12,117,000
Total current assets 322,770,000 379,082,000
Property, equipment and improvements, net 4,636,000 1,556,000
Intangible assets, net 85,195,000 93,872,000
Goodwill 46,465,000 42,028,000
Long-term restricted cash 857,000 855,000
Other assets 9,868,000 954,000
Total assets 469,791,000 518,347,000
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 31,437,000 46,711,000
Accrued media payments 107,693,000 86,923,000
Client advances 13,696,000 10,561,000
Contingent consideration, current 7,147,000 20,053,000
Other accrued liabilities 25,835,000 27,093,000
Total current liabilities 185,808,000 191,341,000
Convertible senior notes, non-current 195,984,000 195,082,000
Contingent consideration, non-current 546,000 31,533,000
Other non-current liabilities 16,680,000 13,891,000
Total liabilities 399,018,000 431,847,000
Commitments and contingencies (Note 9)
Stockholders' equity    
Common stock, par value $0.001 per share; 75,000,000 shares authorized; 36,322,465 and 34,972,256 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively 36,000 35,000
Additional paid-in capital 446,181,000 431,606,000
Accumulated deficit (375,982,000) (345,037,000)
Accumulated other comprehensive income (loss) 538,000 (104,000)
Total stockholders' equity 70,773,000 86,500,000
Total liabilities and stockholders' equity $ 469,791,000 $ 518,347,000

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