Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and cash equivalents $ 72,645 $ 114,817
Accounts receivable, net 57,903 16,666
Expenditures billable to clients 25,236 18,365
Prepaid expenses and other current assets 10,683 6,719
Total current assets 166,467 156,567
Property, equipment and improvements, net 1,178 2,354
Intangible assets, net 92,904 10,744
Goodwill 27,999 6,904
Long-term restricted cash 855 855
Other assets 1,793 230
Total assets 291,196 177,654
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 33,102 15,632
Accrued media payments 75,171 55,874
Client advances 8,402 6,496
Contingent consideration, current 19,307  
Other accrued liabilities 37,131 10,246
Total current liabilities 173,113 88,248
Contingent consideration, non-current 8,533  
Other non-current liabilities 1,884 1,196
Total liabilities 183,530 89,444
Commitments and contingencies (Note 8)
Stockholders' equity    
Common stock, par value $0.001 per share; 75,000,000 shares authorized; 34,857,163 and 31,799,354 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively 35 32
Additional paid-in capital 442,870 368,477
Accumulated deficit (335,091) (280,365)
Accumulated other comprehensive (loss) income (148) 66
Total stockholders' equity 107,666 88,210
Total liabilities and stockholders' equity $ 291,196 $ 177,654