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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 111,232 $ 103,787
Accounts receivable, net 15,705 16,448
Settlement assets, net 38,490 35,838
Prepaid expenses 7,411 8,825
Other current assets 21,282 22,217
Total current assets 194,120 187,115
Capitalized software, net 7,581 6,881
Property and equipment, net 14,021 14,492
Lease right-of-use assets 512 745
Deferred tax assets, net 374 344
Other assets 658 664
Total assets 217,266 210,241
Liabilities and stockholders' equity    
Accounts payable 2,003 1,059
Accrued expenses and other liabilities 10,770 9,070
Borrowings under line of credit 15,000 15,000
Current portion of long-term debt, net of original issue discount and debt issuance costs 550 551
Lease liabilities, current 443 800
Settlement liabilities 33,144 33,882
Total current liabilities 61,910 60,362
Lease liabilities, non-current 95 0
Other liabilities 1,268 1,204
Long-term debt, net of original issue discount and debt issuance costs 51,297 51,434
Total liabilities 114,570 113,000
Commitments and contingencies (Note 4)
Stockholders' equity:    
Preferred stock, par value $0.0001; 10,000,000 shares of preferred stock authorized as of March 31, 2023 and December 31, 2022; no shares of preferred stock issued and outstanding as of March 31, 2023 and December 31, 2022 0 0
Common stock 7 7
Additional paid-in capital 206,207 194,807
Accumulated deficit (103,518) (97,573)
Total stockholders' equity 102,696 97,241
Total liabilities and stockholders' equity $ 217,266 $ 210,241