Consolidated Financial Statements Details (Tables)
|
6 Months Ended |
Jun. 30, 2020 |
|---|
| Organization Consolidation And Presentation Of Financial Statements [Abstract] |
|
| Summary of Accounts Receivable, Net |
Accounts receivable consisted of the following:
|
|
|
As of
|
|
|
|
|
June 30,
|
|
|
December 31,
|
|
|
|
|
2020
|
|
|
2019
|
|
|
Accounts receivable — Advertising
|
|
$
|
21,748
|
|
|
$
|
19,184
|
|
|
Accounts receivable — aiWARE SaaS Solutions
|
|
|
2,426
|
|
|
|
1,269
|
|
|
Accounts receivable — aiWARE Content Licensing and Media Services
|
|
|
606
|
|
|
|
928
|
|
|
|
|
|
24,780
|
|
|
|
21,381
|
|
|
Less: allowance for doubtful accounts
|
|
|
(245
|
)
|
|
|
(29
|
)
|
|
Accounts receivable, net
|
|
$
|
24,535
|
|
|
$
|
21,352
|
|
|
| Summary of Property Equipment and Improvements, Net |
Property, equipment and improvements, net consisted of the following:
|
|
|
As of
|
|
|
|
|
June 30,
|
|
|
December 31,
|
|
|
|
|
2020
|
|
|
2019
|
|
|
Property and equipment
|
|
$
|
2,277
|
|
|
$
|
2,247
|
|
|
Leasehold improvements
|
|
|
2,876
|
|
|
|
2,876
|
|
|
|
|
|
5,153
|
|
|
|
5,123
|
|
|
Less: accumulated depreciation
|
|
|
(2,421
|
)
|
|
|
(1,909
|
)
|
|
Property, equipment and improvements, net
|
|
$
|
2,732
|
|
|
$
|
3,214
|
|
|
| Summary of Accounts Payable |
Accounts payable consisted of the following:
|
|
|
As of
|
|
|
|
|
June 30,
|
|
|
December 31,
|
|
|
|
|
2020
|
|
|
2019
|
|
|
Accounts payable — Advertising
|
|
$
|
19,399
|
|
|
$
|
15,697
|
|
|
Accounts payable — Other
|
|
|
1,099
|
|
|
|
1,317
|
|
|
Total
|
|
$
|
20,498
|
|
|
$
|
17,014
|
|
|
| Summary of Net Revenues |
Net revenues for the periods presented were comprised of the following:
|
|
|
Three Months Ended
|
|
|
Six Months Ended
|
|
|
|
|
June 30,
|
|
|
June 30,
|
|
|
|
|
2020
|
|
|
2019
|
|
|
2020
|
|
|
2019
|
|
|
Advertising
|
|
$
|
7,038
|
|
|
$
|
5,842
|
|
|
$
|
13,039
|
|
|
$
|
11,556
|
|
|
aiWARE SaaS Solutions
|
|
|
3,002
|
|
|
|
2,677
|
|
|
|
6,110
|
|
|
|
5,431
|
|
|
aiWARE Content Licensing and Media Services
|
|
|
3,228
|
|
|
|
3,751
|
|
|
|
6,023
|
|
|
|
7,408
|
|
|
Total net revenues
|
|
$
|
13,268
|
|
|
$
|
12,270
|
|
|
$
|
25,172
|
|
|
$
|
24,395
|
|
|
| Summary of Disaggregation of Net Revenues |
Net revenues disaggregated were as follows:
|
|
|
Three Months Ended
|
|
|
Six Months Ended
|
|
|
|
|
June 30,
|
|
|
June 30,
|
|
|
|
|
2020
|
|
|
2019
|
|
|
2020
|
|
|
2019
|
|
|
Advertising (by service type):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Agency
|
|
$
|
6,140
|
|
|
$
|
5,842
|
|
|
$
|
12,021
|
|
|
$
|
11,556
|
|
|
VeriAds
|
|
|
898
|
|
|
|
-
|
|
|
|
1,018
|
|
|
|
-
|
|
|
Sub-total
|
|
|
7,038
|
|
|
|
5,842
|
|
|
|
13,039
|
|
|
|
11,556
|
|
|
aiWARE SaaS Solutions (by market):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Media and Entertainment
|
|
|
2,612
|
|
|
|
2,470
|
|
|
|
5,224
|
|
|
|
4,705
|
|
|
Government, Legal and Compliance
|
|
139
|
|
|
207
|
|
|
|
635
|
|
|
726
|
|
|
Other Markets
|
|
251
|
|
|
|
-
|
|
|
|
251
|
|
|
|
-
|
|
|
Sub-total
|
|
|
3,002
|
|
|
|
2,677
|
|
|
|
6,110
|
|
|
|
5,431
|
|
|
aiWARE Content Licensing and Media Services (by service type):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Content Licensing
|
|
|
3,228
|
|
|
|
3,454
|
|
|
|
6,023
|
|
|
|
7,108
|
|
|
Media Services
|
|
|
-
|
|
|
297
|
|
|
|
-
|
|
|
300
|
|
|
Sub-total
|
|
|
3,228
|
|
|
|
3,751
|
|
|
|
6,023
|
|
|
|
7,408
|
|
|
Total net revenues
|
|
$
|
13,268
|
|
|
$
|
12,270
|
|
|
$
|
25,172
|
|
|
$
|
24,395
|
|
|
| Schedule of Other Income (Expense), Net |
Other income (expense), net for the periods presented was comprised of the following:
|
|
|
Three Months Ended
|
|
|
Six Months Ended
|
|
|
|
|
June 30,
|
|
|
June 30,
|
|
|
|
|
2020
|
|
|
2019
|
|
|
2020
|
|
|
2019
|
|
|
Interest income, net
|
|
$
|
5
|
|
|
$
|
160
|
|
|
$
|
82
|
|
|
$
|
329
|
|
|
Change in fair value of warrant liability
|
|
|
(202
|
)
|
|
|
(37
|
)
|
|
|
(200
|
)
|
|
|
(50
|
)
|
|
Other
|
|
|
(38
|
)
|
|
|
(72
|
)
|
|
|
14
|
|
|
|
(17
|
)
|
|
Other income (expense), net
|
|
$
|
(235
|
)
|
|
$
|
51
|
|
|
$
|
(104
|
)
|
|
$
|
262
|
|
|