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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 50,853 $ 55,222
Restricted cash 5,123 9,766
Bank deposits 31,356 34,002
Accounts receivable, net 80,827 70,442
Prepaid expenses and other current assets 9,145 7,125
Total current assets 177,304 176,557
Deferred tax assets, net 667 1,575
Investments 267 249
Deposits 1,877 2,564
Restricted cash 1,439 2,037
Property and equipment, net 4,750 5,194
Operating leases right of use assets 13,530 7,398
Goodwill 653 668
Other assets 987 854
Total assets 201,474 197,096
CURRENT LIABILITIES:    
Notes payable - financial institutions 3,939 209
Accounts payable 6,728 6,601
Accrued expenses and other current liabilities 58,556 52,470
Value added tax (VAT) payable 11,741 10,759
Income taxes payable 4,935 6,652
Operating lease liabilities, current 4,248 3,804
Total current liabilities 90,147 80,495
Operating lease liabilities, non current 9,239 3,645
Other liabilities 18,042 22,038
Total liabilities 117,428 106,178
COMMITMENTS AND CONTINGENCIES
REDEEMABLE NON-CONTROLLING INTERESTS 90,903 93,521
SHAREHOLDERS' DEFICIT:    
Common stock, 0.45 Euro par value; 150,000,000 shares authorized as of June 30, 2024 and December 31, 2023; 37,433,333 shares issued and outstanding as of June 30, 2024 and December 31, 2023 19,186 19,186
Additional paid-in capital 19,839 17,818
Accumulated deficit (36,181) (31,440)
Accumulated other comprehensive loss (7,902) (8,117)
Treasury shares (1,518) (1,518)
Non controlling interest in subsidaries (281) 1,468
Total shareholders' deficit (6,857) (2,603)
Total liabilities and shareholders' deficit $ 201,474 $ 197,096