Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.22.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 72,531 $ 109,256
Marketable securities 20,556 0
Accounts receivable, net (including allowance of $497 and $339 as of June 30, 2022 and December 31, 2021, respectively) 16,417 10,163
Contract assets 4,402 2,084
Other current assets 6,465 10,071
Total current assets 120,371 131,574
Property and equipment, net 55,073 48,704
Operating lease assets 10,072 0
Goodwill 52,538 53,627
Customer relationships 22,833 24,388
Other intangible assets 16,920 19,765
Other long-term assets, including restricted cash 11,114 12,136
Total assets 288,921 290,194
Current liabilities    
Accounts payable 4,380 5,824
Accrued wages and benefits 3,766 5,646
Contract liabilities, current portion 12,080 8,627
Other accrued expenses 8,301 4,823
Total current liabilities 28,527 24,920
Long-term debt 96,921 51,124
Contingent earnout liability 10,672 11,369
Deferred income tax liabilities 757 835
Warrant liability 5,328 11,482
Operating lease liabilities, net of current portion 9,444 0
Other long-term liabilities 1,148 1,600
Total liabilities 152,797 101,330
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, 139,871,381 Class A and 12,058,614 Class B shares issued and outstanding at June 30, 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 424,884 418,575
Accumulated other comprehensive income 296 732
Accumulated deficit (289,071) (230,458)
Total stockholders' equity 136,124 188,864
Total liabilities and stockholders’ equity (deficit) $ 288,921 $ 290,194