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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 50,937 $ 88,753
Restricted cash 15,867 14,699
Bank deposits 24,568 0
Accounts receivable, net 54,306 55,089
Prepaid expenses and other current assets 9,805 16,021
Total current assets 155,483 174,562
Deferred tax assets, net 1,518 1,403
Investments 326 525
Deposits 4,545 0
Restricted cash 4,590 0
Property and equipment, net 6,276 5,710
Operating lease right of use assets 10,201 10,938
Goodwill 646 690
Other assets 1,048 2,052
Total assets 184,633 195,880
CURRENT LIABILITIES:    
Notes payable-banks 122 199
Accounts payable 8,720 5,857
Accrued expenses and other current liabilities 41,707 39,834
Value added tax (VAT) payable 7,703 5,378
Income taxes payable 6,105 6,292
Operating lease liabilities, current 3,969 3,317
Total current liabilities 68,326 60,877
Convertible notes payable to a related party 1,104 1,192
Operating lease liabilities, non-current 6,375 8,298
Other liabilities 29,214 40,867
Total liabilities 105,019 111,234
COMMITMENTS AND CONTINGENCIES
REDEEMABLE NON-CONTROLLING INTERESTS 89,974 90,478
SHAREHOLDERS' DEFICIT:    
Common stock, €0.45 par value; 150,000,000 shares authorized as of December 31, 2022 and 2021. 37,433,333 shares issued and outstanding as of December 31, 2022 and 2021. 19,186 19,186
Additional paid-in capital 16,604 16,844
Accumulated deficit (38,521) (33,796)
Accumulated other comprehensive loss (8,186) (7,866)
Non-controlling interests in subsidiaries 557 (200)
Total shareholders' deficit (10,360) (5,832)
Total liabilities and shareholders' deficit $ 184,633 $ 195,880