v3.22.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and cash equivalents $ 237,553 $ 254,722
Accounts receivable, net 66,975 85,063
Expenditures billable to clients 19,693 27,180
Prepaid expenses and other current assets 12,519 12,117
Total current assets 336,740 379,082
Property, equipment and improvements, net 2,137 1,556
Intangible assets, net 86,563 88,247
Goodwill 36,630 34,058
Long-term restricted cash 856 855
Other assets 6,078 954
Total assets 469,004 504,752
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 38,345 46,711
Accrued media payments 96,327 86,923
Client advances 7,968 10,561
Contingent consideration, current 134 19,988
Other accrued liabilities 22,993 27,093
Total current liabilities 165,767 191,276
Convertible senior notes, non-current 195,381 195,082
Contingent consideration, non-current 35,416 24,737
Other non-current liabilities 16,440 13,078
Total liabilities 413,004 424,173
Commitments and contingencies (Note 9)
Stockholders' equity    
Common stock, par value $0.001 per share; 75,000,000 shares authorized; 36,056,839 and 34,972,256 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively 36 35
Additional paid-in capital 435,954 431,606
Accumulated deficit (380,076) (350,958)
Accumulated other comprehensive income (loss) 86 (104)
Total stockholders' equity 56,000 80,579
Total liabilities and stockholders' equity $ 469,004 $ 504,752

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