Consolidated Financial Statements Details (Tables)
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3 Months Ended |
Mar. 31, 2023 |
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| Organization Consolidation And Presentation Of Financial Statements [Abstract] |
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| Summary of Accounts Receivable, Net |
Accounts receivable consisted of the following:
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As of |
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March 31,
2023 |
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December 31,
2022 |
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Accounts receivable — Managed Services(1) |
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$ |
29,884 |
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|
$ |
27,670 |
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Accounts receivable — Software Products & Services(2) |
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|
18,442 |
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|
26,969 |
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Accounts receivable — Other |
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|
6,490 |
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|
|
2,181 |
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54,816 |
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|
56,820 |
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Less: allowance for expected credit losses |
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(745 |
) |
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(819 |
) |
Accounts receivable, net |
|
$ |
54,071 |
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|
$ |
56,001 |
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(1)Accounts receivable – Managed Services reflects the amounts due from the Company’s advertising customers.
(2)Accounts receivable – Software Products & Services reflects the amounts due from the Company’s hiring solutions customers.
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| Summary of Property Equipment and Improvements, Net |
Property, equipment and improvements, net consisted of the following:
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As of |
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March 31,
2023 |
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December 31,
2022 |
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Property and equipment |
|
$ |
10,074 |
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|
$ |
8,532 |
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Leasehold improvements |
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|
254 |
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|
|
250 |
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10,328 |
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|
8,782 |
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Less: accumulated depreciation |
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(3,934 |
) |
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(3,491 |
) |
Property, equipment and improvements, net |
|
$ |
6,394 |
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|
$ |
5,291 |
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| Summary of Accounts Payable |
Accounts payable consisted of the following:
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As of |
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March 31,
2023 |
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December 31,
2022 |
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Accounts payable — Managed Services(1) |
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$ |
27,903 |
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|
$ |
17,972 |
|
Accounts payable — Other |
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|
10,112 |
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|
18,766 |
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Total |
|
$ |
38,015 |
|
|
$ |
36,738 |
|
(1)Accounts payable – Managed Services reflects the amounts due to media vendors for advertisements placed on behalf of the Company’s advertising clients.
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| Summary of Revenue |
Revenue for the periods presented were comprised of the following:
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Three Months Ended
March 31, |
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2023 |
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2022 |
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Commercial Enterprise |
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$ |
28,868 |
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|
$ |
33,626 |
|
Government & Regulated Industries |
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|
1,395 |
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|
|
781 |
|
Total revenue |
|
$ |
30,263 |
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|
$ |
34,407 |
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| 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
March 31, 2023 |
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Government & |
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Commercial |
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Regulated |
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Enterprise |
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Industries |
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Total |
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Total Software Products & Services |
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$ |
12,732 |
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|
$ |
1,395 |
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$ |
14,127 |
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Managed Services |
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Advertising |
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10,535 |
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|
— |
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10,535 |
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Licensing |
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|
5,601 |
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— |
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|
5,601 |
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Total Managed Services |
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16,136 |
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— |
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|
16,136 |
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Total Revenue |
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$ |
28,868 |
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$ |
1,395 |
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$ |
30,263 |
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Three Months Ended
March 31, 2022 |
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Government & |
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Commercial |
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Regulated |
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Enterprise |
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Industries |
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Total |
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Total Software Products & Services |
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$ |
17,386 |
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|
$ |
781 |
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$ |
18,167 |
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Managed Services |
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Advertising |
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10,968 |
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|
— |
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|
10,968 |
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Licensing |
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|
5,272 |
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— |
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|
5,272 |
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Total Managed Services |
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|
16,240 |
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— |
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16,240 |
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Total Revenue |
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$ |
33,626 |
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|
$ |
781 |
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$ |
34,407 |
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| Schedule of Other Income (Expense), Net |
Other income (expense), net for the periods presented was comprised of the following:
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Three Months Ended
March 31, |
|
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|
2023 |
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|
2022 |
|
Interest expense, net |
|
$ |
(805 |
) |
|
$ |
(1,182 |
) |
Other |
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|
1,160 |
|
|
|
(4 |
) |
Other income (expense), net |
|
$ |
355 |
|
|
$ |
(1,186 |
) |
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