Consolidated Financial Statements Details (Tables)
|
9 Months Ended |
Sep. 30, 2021 |
|---|
| Organization Consolidation And Presentation Of Financial Statements [Abstract] |
|
| Summary of Accounts Receivable, Net |
Accounts receivable consisted of the following:
|
|
|
As of
|
|
|
|
|
September 30,
|
|
|
December 31,
|
|
|
|
|
2021
|
|
|
2020
|
|
|
Accounts receivable — Commercial Managed Services
|
|
$
|
18,001
|
|
|
$
|
14,916
|
|
|
Accounts receivable — Other
|
|
|
40,762
|
|
|
|
1,868
|
|
|
|
|
|
58,763
|
|
|
|
16,784
|
|
|
Less: allowance for doubtful accounts
|
|
|
(860
|
)
|
|
|
(118
|
)
|
|
Accounts receivable, net
|
|
$
|
57,903
|
|
|
$
|
16,666
|
|
|
| Summary of Property Equipment and Improvements, Net |
Property, equipment and improvements, net consisted of the following:
|
|
|
As of
|
|
|
|
|
September 30,
|
|
|
December 31,
|
|
|
|
|
2021
|
|
|
2020
|
|
|
Property and equipment
|
|
$
|
3,730
|
|
|
$
|
2,365
|
|
|
Leasehold improvements
|
|
|
199
|
|
|
|
2,899
|
|
|
|
|
|
3,929
|
|
|
|
5,264
|
|
|
Less: accumulated depreciation
|
|
|
(2,751
|
)
|
|
|
(2,910
|
)
|
|
Property, equipment and improvements, net
|
|
$
|
1,178
|
|
|
$
|
2,354
|
|
|
| Summary of Accounts Payable |
Accounts payable consisted of the following:
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|
|
As of
|
|
|
|
|
September 30,
|
|
|
December 31,
|
|
|
|
|
2021
|
|
|
2020
|
|
|
Accounts payable — Commercial Managed Services
|
|
$
|
22,738
|
|
|
$
|
14,688
|
|
|
Accounts payable — Other
|
|
|
10,364
|
|
|
|
944
|
|
|
Total
|
|
$
|
33,102
|
|
|
$
|
15,632
|
|
|
| Summary of Revenue |
Revenue for the periods presented were comprised of the following:
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|
|
Three Months Ended
|
|
|
Nine Months Ended
|
|
|
|
|
September 30,
|
|
|
September 30,
|
|
|
|
|
2021
|
|
|
2020
|
|
|
2021
|
|
|
2020
|
|
|
Commercial Enterprise
|
|
$
|
21,697
|
|
|
$
|
14,829
|
|
|
$
|
57,460
|
|
|
$
|
39,115
|
|
|
Government & Regulated Industries
|
|
|
958
|
|
|
|
889
|
|
|
|
2,696
|
|
|
|
1,775
|
|
|
Total revenue
|
|
$
|
22,655
|
|
|
$
|
15,718
|
|
|
$
|
60,156
|
|
|
$
|
40,890
|
|
|
| Summary of Presentation of Revenues |
The table below illustrates the presentation of our revenues based on the above definitions:
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|
Three Months Ended
|
|
|
Nine Months Ended
|
|
|
|
September 30, 2021
|
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|
September 30, 2021
|
|
|
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|
Government &
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|
|
|
|
|
|
|
Government &
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|
|
|
|
|
|
Commercial
|
|
|
Regulated
|
|
|
|
|
|
|
Commercial
|
|
|
Regulated
|
|
|
|
|
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|
Revenue Presentation
|
Enterprises
|
|
|
Industries
|
|
|
Total
|
|
|
Enterprises
|
|
|
Industries
|
|
|
Total
|
|
|
Software Products & Services
|
$
|
8,069
|
|
|
$
|
958
|
|
|
$
|
9,027
|
|
|
$
|
16,596
|
|
|
$
|
2,696
|
|
|
$
|
19,292
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
Managed Services
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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Advertising
|
|
9,648
|
|
|
|
-
|
|
|
|
9,648
|
|
|
|
29,943
|
|
|
|
-
|
|
|
|
29,943
|
|
|
Licensing
|
|
3,980
|
|
|
|
-
|
|
|
|
3,980
|
|
|
|
10,921
|
|
|
|
-
|
|
|
|
10,921
|
|
|
Total Managed Services
|
|
13,628
|
|
|
|
-
|
|
|
|
13,628
|
|
|
|
40,864
|
|
|
|
-
|
|
|
|
40,864
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Revenue
|
$
|
21,697
|
|
|
$
|
958
|
|
|
$
|
22,655
|
|
|
$
|
57,460
|
|
|
$
|
2,696
|
|
|
$
|
60,156
|
|
|
|
(1)
|
Software Products & Services consists of aiWARE SaaS Solutions of $4,716 and $19,292 for the three and nine months ended September 30, 2021 respectively as well PandoLogic of $4,311 for the three months September 30, 2021.
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Three Months Ended
|
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Nine Months Ended
|
|
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September 30, 2020
|
|
|
September 30, 2020
|
|
|
|
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|
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|
Government &
|
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|
|
|
|
|
|
|
|
|
Government &
|
|
|
|
|
|
|
|
Commercial
|
|
|
Regulated
|
|
|
|
|
|
|
Commercial
|
|
|
Regulated
|
|
|
|
|
|
|
Revenue Presentation
|
Enterprises
|
|
|
Industries
|
|
|
Total
|
|
|
Enterprises
|
|
|
Industries
|
|
|
Total
|
|
|
Software Products & Services
|
$
|
2,462
|
|
|
$
|
889
|
|
|
$
|
3,351
|
|
|
$
|
7,686
|
|
|
$
|
1,775
|
|
|
$
|
9,461
|
|
|
|
|
|
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|
|
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|
|
|
|
|
|
|
|
|
|
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|
|
|
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Managed Services
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Advertising
|
|
8,764
|
|
|
|
-
|
|
|
|
8,764
|
|
|
|
21,803
|
|
|
|
-
|
|
|
|
21,803
|
|
|
Licensing
|
|
3,603
|
|
|
|
-
|
|
|
|
3,603
|
|
|
|
9,626
|
|
|
|
-
|
|
|
|
9,626
|
|
|
Total Managed Services
|
|
12,367
|
|
|
|
-
|
|
|
|
12,367
|
|
|
|
31,429
|
|
|
|
-
|
|
|
|
31,429
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Revenue
|
$
|
14,829
|
|
|
$
|
889
|
|
|
$
|
15,718
|
|
|
$
|
39,115
|
|
|
$
|
1,775
|
|
|
$
|
40,890
|
|
|
| Schedule of Other Expense, Net |
Other expense, net for the periods presented was comprised of the following:
|
|
|
Three Months Ended
|
|
|
Nine Months Ended
|
|
|
|
|
September 30,
|
|
|
September 30,
|
|
|
|
|
2021
|
|
|
2020
|
|
|
2021
|
|
|
2020
|
|
|
Interest (expense) income, net
|
|
$
|
(3
|
)
|
|
$
|
2
|
|
|
$
|
4
|
|
|
$
|
84
|
|
|
Change in fair value of warrant liability
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
(200
|
)
|
|
Other
|
|
|
(12
|
)
|
|
|
(6
|
)
|
|
|
(41
|
)
|
|
|
8
|
|
|
Other expense, net
|
|
$
|
(15
|
)
|
|
$
|
(4
|
)
|
|
$
|
(37
|
)
|
|
$
|
(108
|
)
|
|