v3.23.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
ASSETS    
Cash and cash equivalents $ 72,070 $ 184,423
Accounts receivable, net 49,691 56,001
Expenditures billable to clients 24,447 22,339
Prepaid expenses and other current assets 15,179 15,242
Total current assets 161,387 278,005
Property, equipment and improvements, net 11,595 5,291
Intangible assets, net 89,397 79,664
Goodwill 78,388 46,498
Long-term restricted cash 869 859
Other assets 17,787 14,435
Total assets 359,423 424,752
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 40,512 36,738
Accrued media payments 84,346 102,064
Client advances 14,867 16,442
Deferred revenue 11,821 2,600
Contingent consideration, current 500 8,067
Other accrued liabilities 34,197 27,412
Total current liabilities 186,243 193,323
Convertible senior notes, non-current 138,416 137,767
Contingent consideration, non-current 317  
Other non-current liabilities 15,744 13,811
Total liabilities 340,720 344,901
Commitments and contingencies (Note 9)
Stockholders' equity    
Common stock, par value $0.001 per share; 75,000,000 shares authorized; 37,082,144 and 36,321,222 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively 37 36
Additional paid-in capital 460,827 451,162
Accumulated deficit (442,071) (371,271)
Accumulated other comprehensive loss (90) (76)
Total stockholders' equity 18,703 79,851
Total liabilities and stockholders' equity $ 359,423 $ 424,752

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