Consolidated Financial Statements Details (Tables)
|
12 Months Ended |
Dec. 31, 2021 |
|---|
| Organization Consolidation And Presentation Of Financial Statements [Abstract] |
|
| Summary of Accounts Receivable, Net |
Accounts receivable consisted of the following:
|
|
|
As of
|
|
|
|
|
December 31,
|
|
|
December 31,
|
|
|
|
|
2021
|
|
|
2020
|
|
|
Accounts receivable — Managed Services(1)
|
|
$
|
21,347
|
|
|
$
|
14,916
|
|
|
Accounts receivable — Software Products & Services(2)
|
|
|
59,568
|
|
|
|
—
|
|
|
Accounts receivable — Other
|
|
|
4,926
|
|
|
|
1,868
|
|
|
|
|
|
85,841
|
|
|
|
16,784
|
|
|
Less: allowance for doubtful accounts
|
|
|
(778
|
)
|
|
|
(118
|
)
|
|
Accounts receivable, net
|
|
$
|
85,063
|
|
|
$
|
16,666
|
|
(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 PandoLogic customers.
|
| Summary of Property Equipment and Improvements |
Property, equipment and improvements consisted of the following:
|
|
|
As of
|
|
|
|
|
December 31,
|
|
|
December 31,
|
|
|
|
|
2021
|
|
|
2020
|
|
|
Property and equipment
|
|
$
|
4,262
|
|
|
$
|
2,365
|
|
|
Leasehold improvements
|
|
|
167
|
|
|
|
2,899
|
|
|
|
|
|
4,429
|
|
|
|
5,264
|
|
|
Less: accumulated depreciation
|
|
|
(2,873
|
)
|
|
|
(2,910
|
)
|
|
Property, equipment and improvements, net
|
|
$
|
1,556
|
|
|
$
|
2,354
|
|
|
| Summary of Accounts Payable |
Accounts payable consisted of the following:
|
|
|
As of
|
|
|
|
|
December 31,
|
|
|
December 31,
|
|
|
|
|
2021
|
|
|
2020
|
|
|
Accounts payable — Managed Services(1)
|
|
$
|
23,613
|
|
|
$
|
14,688
|
|
|
Accounts payable — Other
|
|
|
23,098
|
|
|
|
944
|
|
|
Total
|
|
$
|
46,711
|
|
|
$
|
15,632
|
|
(1) Accounts payable –Managed Services reflects the amounts due to media vendors for advertisements placed on behalf of the Company’s advertising clients.
|
| Summary of Revenue |
Revenue for the periods presented were comprised of the following:
|
|
|
Year Ended
|
|
|
|
|
December 31,
|
|
|
|
|
2021
|
|
|
2020
|
|
|
Commercial Enterprise
|
|
$
|
111,274
|
|
|
$
|
54,557
|
|
|
Government & Regulated Industries
|
|
|
4,031
|
|
|
|
3,151
|
|
|
Total revenue
|
|
$
|
115,305
|
|
|
$
|
57,708
|
|
|
| Summary of Presentation of Revenues |
The tables below illustrate the presentation of our revenues based on the above definitions:
|
|
Year Ended
|
|
|
|
December 31, 2021
|
|
|
|
|
|
|
|
Government &
|
|
|
|
|
|
|
|
Commercial
|
|
|
Regulated
|
|
|
|
|
|
|
|
Enterprise
|
|
|
Industries
|
|
|
Total
|
|
|
Total Software Products & Services(1)
|
$
|
55,484
|
|
|
$
|
4,031
|
|
|
$
|
59,515
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Managed Services
|
|
|
|
|
|
|
|
|
|
|
|
|
Advertising
|
|
40,800
|
|
|
|
—
|
|
|
|
40,800
|
|
|
Content Licensing
|
|
14,990
|
|
|
|
—
|
|
|
|
14,990
|
|
|
Total Managed Services
|
|
55,790
|
|
|
|
—
|
|
|
|
55,790
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Revenue
|
$
|
111,274
|
|
|
$
|
4,031
|
|
|
$
|
115,305
|
|
|
|
(1)
|
Software Products & Services consists of aiWARE revenues of $21,200 as well as PandoLogic revenues of $38,315
|
|
|
Year Ended
|
|
|
|
December 31, 2020
|
|
|
|
|
|
|
|
Government &
|
|
|
|
|
|
|
|
Commercial
|
|
|
Regulated
|
|
|
|
|
|
|
|
Enterprise
|
|
|
Industries
|
|
|
Total
|
|
|
Total Software Products & Services
|
$
|
10,712
|
|
|
$
|
3,151
|
|
|
$
|
13,863
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Managed Services
|
|
|
|
|
|
|
|
|
|
|
|
|
Advertising
|
|
31,550
|
|
|
|
—
|
|
|
|
31,550
|
|
|
Content Licensing
|
|
12,295
|
|
|
|
—
|
|
|
|
12,295
|
|
|
Total Managed Services
|
|
43,845
|
|
|
|
—
|
|
|
|
43,845
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Revenue
|
$
|
54,557
|
|
|
$
|
3,151
|
|
|
$
|
57,708
|
|
|
| Schedule of Other Expense, Net |
Other expense, net for the periods presented was comprised of the following:
|
|
|
Year Ended
|
|
|
|
|
December 31,
|
|
|
|
|
2021
|
|
|
2020
|
|
|
Interest (expense) income, net
|
|
$
|
(538
|
)
|
|
$
|
85
|
|
|
Change in fair value of warrant liability
|
|
|
—
|
|
|
|
(200
|
)
|
|
Other
|
|
|
(62
|
)
|
|
|
(12
|
)
|
|
Other expense, net
|
|
$
|
(600
|
)
|
|
$
|
(127
|
)
|
|