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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 25,990 $ 3,505
Restricted cash 1,473 2,116
Accounts receivable, net of allowance of $163 and $437, respectively 6,848 12,052
Contract assets 1,639 1,427
Deferred contract acquisition costs, current 3,464 3,065
Prepaid and other current assets 6,196 2,012
Due from former Parent, net (Note 4) 0 1,183
Current assets of discontinued operations 0 66,604
Total current assets 45,610 91,964
Property and equipment, net 2,115 1,829
Operating lease right-of-use assets 2,497 2,008
Contract assets, noncurrent 11,800 6,496
Deferred contract acquisition costs, noncurrent 8,749 5,791
Goodwill 71,604 71,604
Intangible assets, net 36,459 45,642
Deferred income taxes 793 735
Other assets 147 184
Total assets 179,774 226,253
Current liabilities:    
Accounts payable 4,483 6,558
Accrued expenses 12,232 9,156
Operating lease liabilities, current 798 779
Deferred revenue, current 4,813 5,995
Other current liabilities 0 15
Promissory Notes, including accrued interest 0 153,811
Current liabilities of discontinued operations 0 6,548
Total current liabilities 22,326 182,862
Deferred revenue, noncurrent 906 995
Operating lease liabilities, noncurrent 1,891 1,256
Convertible senior notes, net 72,968 0
Derivative liability 78,497 0
Other liabilities 0 263
Total liabilities 176,588 185,376
Commitments and contingencies (Note 12)
Stockholders’ equity:    
Preferred stock, $0.001 par value per share; 1,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, $0.001 par value per share; 270,000,000 shares authorized; 131,793,660 shares issued and outstanding at December 31, 2021; 100,000,000 shares authorized; 13,757,550 shares issued and outstanding at December 31, 2020 132 14
Additional paid-in capital 509,586 471,687
Accumulated other comprehensive loss (1,900) (667)
Accumulated deficit (504,632) (430,157)
Total stockholders’ equity 3,186 40,877
Total liabilities and stockholders’ equity $ 179,774 $ 226,253