Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.22.2.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 59,443 $ 109,256
Marketable securities 22,398 0
Accounts receivable, net (including allowance of $516 and $339 as of September 30, 2022 and December 31, 2021, respectively) 16,063 10,163
Contract assets 3,360 2,084
Other current assets 8,192 10,071
Total current assets 109,456 131,574
Property and equipment, net 52,708 48,704
Operating lease assets 9,204 0
Goodwill 49,537 53,627
Customer relationships 21,057 24,388
Other intangible assets 14,717 19,765
Other long-term assets, including restricted cash 9,936 12,136
Total assets 266,615 290,194
Current liabilities    
Accounts payable 5,680 5,824
Accrued wages and benefits 4,991 5,646
Contract liabilities, current portion 14,244 8,627
Other accrued expenses 7,881 4,823
Total current liabilities 32,796 24,920
Long-term debt 97,070 51,124
Contingent earnout liability 429 10,026
Deferred income tax liabilities 700 835
Warrant liability 4,046 11,482
Operating lease liabilities, net of current portion 8,693 0
Other long-term liabilities 541 1,600
Total liabilities 144,275 99,987
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, 140,011,711 Class A and 12,058,614 Class B shares issued and outstanding at September 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 448,105 438,696
Accumulated other comprehensive (loss) income (4,676) 732
Accumulated deficit (321,104) (249,236)
Total stockholders' equity 122,340 190,207
Total liabilities and stockholders’ equity (deficit) $ 266,615 $ 290,194