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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 18,730 $ 22,750
Restricted cash 187 186
Accounts receivable, net of allowances of $488 and $614, respectively ($1,876 and $786 of accounts receivable attributable to related parties, respectively) 55,724 63,826
Prepaid expenses and other current assets 13,010 11,228
Total current assets 87,651 97,990
Property and equipment, net 41,431 41,574
Operating right-of-use assets 17,293 18,628
Deferred tax assets 2,453 2,588
Intangible assets, net 7,314 8,115
Goodwill 309,751 310,360
Other non-current assets 11,782 12,040
Total assets 477,675 491,295
Current liabilities:    
Accounts payable ($13,898 and $11,996 attributable to related parties, respectively) 28,508 30,551
Accrued expenses ($5,484 and $3,781 attributable to related parties, respectively) 32,855 34,422
Contract liabilities ($1,698 and $1,784 attributable to related parties, respectively) 50,097 48,912
Revolving line of credit 16,000 16,000
Accrued dividends (related parties) 28,372 24,132
Customer advances 8,798 11,076
Current operating lease liabilities 8,424 7,982
Current portion of contingent consideration 1,202 4,806
Other current liabilities 3,044 4,680
Total current liabilities 177,300 182,561
Non-current operating lease liabilities 19,849 23,003
Non-current portion of accrued data costs ($23,049 and $21,908 attributable to related parties, respectively) 34,156 32,833
Deferred tax liabilities 1,232 1,321
Other non-current liabilities 5,901 7,589
Total liabilities 238,438 247,307
Commitments and contingencies
Convertible redeemable preferred stock, $0.001 par value; 100,000,000 shares authorized and 82,527,609 shares issued and outstanding as of March 31, 2024 and December 31, 2023; aggregate liquidation preference of $232,372 as of March 31, 2024, and $228,132 as of December 31, 2023 (related parties) 187,885 187,885
Stockholders' equity:    
Preferred stock, $0.001 par value; 5,000,000 shares authorized as of March 31, 2024 and December 31, 2023; no shares issued or outstanding as of March 31, 2024 or December 31, 2023 0 0
Common stock, $0.001 par value; 13,750,000 shares authorized as of March 31, 2024 and December 31, 2023; 5,098,470 shares issued and 4,760,231 shares outstanding as of March 31, 2024, and 5,093,380 shares issued and 4,755,141 shares outstanding as of December 31, 2023 5 5
Additional paid-in capital 1,699,142 1,696,612
Accumulated other comprehensive loss (16,097) (14,110)
Accumulated deficit (1,401,714) (1,396,420)
Treasury stock, at cost, 338,239 shares as of March 31, 2024 and December 31, 2023 (229,984) (229,984)
Total stockholders' equity 51,352 56,103
Total liabilities, convertible redeemable preferred stock and stockholders' equity $ 477,675 $ 491,295