Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.22.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 91,592 $ 109,256
Accounts receivable, net (including allowance of $301 and $339 as of March 31, 2022 and December 31, 2021, respectively) 7,821 10,163
Contract assets 3,630 2,084
Other current assets 8,451 10,071
Total current assets 111,494 131,574
Property and equipment, net 52,071 48,704
Operating lease assets 11,003 0
Goodwill 54,245 53,627
Customer relationships 24,091 24,388
Other intangible assets 18,707 19,765
Other long-term assets, including restricted cash 11,767 12,136
Total assets 283,378 290,194
Current liabilities    
Accounts payable 7,220 5,824
Accrued wages and benefits 4,597 5,646
Contract liabilities, current portion 6,483 8,627
Other accrued expenses 7,742 4,823
Total current liabilities 26,042 24,920
Long-term debt 52,682 51,124
Contingent earnout liability 10,852 11,369
Deferred income tax liabilities 813 835
Warrant liability 5,647 11,482
Operating lease liabilities, net of current portion 10,089 0
Other long-term liabilities 1,761 1,600
Total liabilities 107,886 101,330
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, 139,592,078 Class A and 12,058,614 Class B shares issued and outstanding at March 31, 2022; 139,096,000 Class A and 12,058,614 Class B shares issued and outstanding at December 31, 2021 15 15
Additional paid-in capital 421,502 418,575
Accumulated other comprehensive income 2,591 732
Accumulated deficit (248,616) (230,458)
Total stockholders' equity 175,492 188,864
Total liabilities and stockholders’ equity (deficit) $ 283,378 $ 290,194