Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Balance Sheets (Unaudited)

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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 23,528 $ 29,136
Marketable securities 22,271 11,726
Accounts receivable, net (including allowance of $406 and $586 as of June 30, 2024 and December 31, 2023, respectively) 12,423 9,911
Contract assets 3,963 4,718
Other current assets 9,133 16,848
Total current assets 71,318 72,339
Property and equipment, net 60,023 60,446
Operating lease right-of-use assets 13,454 14,921
Goodwill 49,550 51,155
Customer relationships 17,809 19,363
Other intangible assets 11,484 12,660
Other long-term assets, including restricted cash 7,190 8,380
Total assets 230,828 239,264
Current liabilities    
Accounts payable 7,529 8,012
Accrued wages and benefits 1,687 1,829
Long-term debt, current portion 101,012 0
Contract liabilities, current portion 21,203 31,178
Other accrued expenses 8,532 8,326
Total current liabilities 139,963 49,345
Long-term debt 4,854 114,113
Contract liabilities, non-current 21,292 17,923
Contingent earnout liability 1,452 220
Deferred income tax liabilities 784 804
Warrant liability 10,350 5,988
Operating lease liabilities, net of current portion 11,791 13,079
Other long-term liabilities 8 8
Total liabilities 190,494 201,480
Commitments and contingencies (Note 9)
Stockholders' equity    
Common stock, $0.0001 par value, 1,000,000,000 Class A and 15,000,000 Class B shares authorized, 24,775,949 Class A and 1,507,325 Class B shares issued and outstanding at June 30, 2024; 21,097,351 Class A and 1,507,325 Class B share issued and outstanding at December 31, 2023 3 2
Additional paid-in capital 524,567 477,624
Accumulated other comprehensive loss (6,847) (4,556)
Accumulated deficit (477,389) (435,286)
Total stockholders' equity 40,334 37,784
Total liabilities and stockholders' equity $ 230,828 $ 239,264