Prepaid and Deferred Expenses

12 Months Ended

Dec. 31, 2021

Prepaid Abstract

PREPAID AND DEFERRED EXPENSES

6. PREPAID AND DEFERRED EXPENSES

Prepaid expenses consisted of the following as of December 31, 2021 and 2020:

(Amounts in thousands)	December 31, 2021		December 31, 2020
Prepaid rent and security deposit	$	96	$	732
Deferred offering expenses		—		569
Prepaid products and services		7,106		172
	$	7,202	$	1,473

Prepaids and deferred expenses includes cash paid in advance for rent and security deposits, inventory and other. Deposits for radio inventory was $5.4 million.