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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
CURRENT ASSETS:    
Cash and cash equivalents $ 88,753 $ 51,602
Restricted cash 14,699 9,472
Accounts receivable, net 55,089 34,371
Receivable from a related party 0 2,200
Prepaid expenses and other current assets 16,021 18,909
Total current assets 174,562 116,554
Deferred tax assets, net 1,403 1,169
Investments 525 1,482
Property and equipment, net 5,710 5,525
Operating lease right of use assets 10,938 12,938
Goodwill 690 746
Other assets 2,052 1,974
Total assets 195,880 140,388
CURRENT LIABILITIES:    
Notes payable-banks 199 8,104
Accounts payable 5,857 3,716
Accrued expenses and other current liabilities 39,834 32,320
Value added tax (VAT) payable 5,378 11,096
Income taxes payable 6,292 567
Operating lease liabilities, current 3,317 3,531
Total current liabilities 60,877 59,334
Convertible notes payable to a related party 1,192 1,200
Operating lease liabilities, non-current 8,298 9,333
Other liabilities 40,867 25,684
Total liabilities 111,234 95,551
COMMITMENTS AND CONTINGENCIES
REDEEMABLE NON-CONTROLLING INTERESTS 90,478 75,322
SHAREHOLDERS' DEFICIT:    
Common stock, €0.45 par value; 150,000,000 shares authorized as of December 31, 2021 and 2020. 37,433,333 shares issued and outstanding as of December 31, 2021 and 2020. 19,186 19,186
Additional paid-in capital 16,844 26,706
Accumulated deficit (33,796) (68,603)
Accumulated other comprehensive loss (7,866) (6,259)
Non-controlling interests in subsidiaries (200) (1,515)
Total shareholders' deficit (5,832) (30,485)
Total liabilities and shareholders' deficit $ 195,880 $ 140,388