Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 47,196 $ 109,256
Marketable securities 23,084 0
Accounts receivable, net (including allowance of $395 and $339 as of December 31, 2022 and 2021, respectively) 13,864 10,163
Contract assets 3,353 2,084
Other current assets 9,279 10,071
Total current assets 96,776 131,574
Property and equipment, net 53,752 48,704
Operating lease right-of-use assets 11,687 0
Goodwill 49,954 53,627
Customer relationships 20,814 24,388
Other intangible assets 13,967 19,765
Other long-term assets, including restricted cash 9,562 12,136
Total assets 256,512 290,194
Current liabilities    
Accounts payable 4,800 5,824
Accrued wages and benefits 4,502 5,646
Contract liabilities, current portion 15,856 8,627
Other accrued expenses 8,210 4,823
Total current liabilities 33,368 24,920
Long-term debt 98,475 51,124
Contingent earnout liability 349 10,026
Deferred income tax liabilities 771 835
Warrant liability 1,831 11,482
Operating lease liabilities, net of current portion 10,815 0
Other long-term liabilities 780 1,600
Total liabilities 146,389 99,987
Commitments and contingencies (Note 11)
Stockholders' equity    
Common stock, $0.0001 par value, 1,000,000,000 Class A and 15,000,000 Class B shares authorized, 143,679,385 Class A and 12,058,614 Class B shares issued and outstanding at December 31, 2022; 139,096,000 Class A and 12,058,614 Class B shares issued and outstanding at December 31, 2021 16 15
Additional paid-in capital 455,751 438,696
Accumulated other comprehensive (loss) income (6,997) 732
Accumulated deficit (338,647) (249,236)
Total stockholders' equity 110,123 190,207
Total liabilities and stockholders' equity $ 256,512 $ 290,194