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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 81,211 $ 88,753
Restricted cash 17,364 14,699
Accounts receivable, net 56,467 55,089
Prepaid expenses and other current assets 10,337 16,021
Total current assets 165,379 174,562
Deferred tax assets, net 1,383 1,403
Investments 446 525
Property and equipment, net 6,130 5,710
Operating lease right of use assets 10,270 10,938
Goodwill 633 690
Other assets 2,232 2,052
Total assets 186,473 195,880
CURRENT LIABILITIES:    
Notes payable - banks 167 199
Accounts payable 7,218 5,857
Accrued expenses and other current liabilities 37,603 39,834
Value added tax (VAT) payable 5,159 5,378
Income taxes payable 7,977 6,292
Operating lease liabilities, current 3,506 3,317
Total current liabilities 61,630 60,877
Convertible notes payable to a related party 1,128 1,192
Operating lease liabilities, non current 6,933 8,298
Other liabilities 32,847 40,867
Total liabilities 102,538 111,234
COMMITMENTS AND CONTINGENCIES
REDEEMABLE NON-CONTROLLING INTERESTS 90,280 90,478
SHAREHOLDERS' DEFICIT:    
Common stock, 0.45 Euro par value; 150,000,000 shares authorized as of June 30, 2022 and December 31, 2021; 37,433,333 shares issued and outstanding as of June 30, 2022 and December 31, 2021 19,186 19,186
Additional paid-in capital 16,844 16,844
Accumulated deficit (33,789) (33,796)
Accumulated other comprehensive loss (8,373) (7,866)
Non controlling interest in subsidaries (213) (200)
Total shareholders' deficit (6,345) (5,832)
Total liabilities and shareholders' deficit $ 186,473 $ 195,880