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

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