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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 91,830 $ 121,905
Restricted cash 0 80
Accounts receivable and contract assets, net 120,622 115,609
Other receivables 5,379 4,470
Prepaid expenses and other assets 6,097 7,978
Total current assets 223,928 250,042
Long-term assets:    
Property and equipment, net 3,323 5,916
Right-of-use assets under operating leases, net 7,310 6,571
Intangible assets, net 35,003 53,475
Goodwill 277,202 352,721
Capitalized software development costs, net 24,643 19,925
Deferred implementation costs, net 0 0
Other long-term assets, net 2,735 2,586
Total assets 574,144 691,236
Current liabilities:    
Accounts payable 4,425 3,765
Accrued liabilities:    
Accrued compensation 11,662 10,486
Accrued expenses 9,587 21,335
Partner Share liability 48,867 48,593
Consumer Incentive liability 52,678 53,983
Deferred revenue 2,405 1,751
Current operating lease liabilities 2,127 4,910
Current contingent consideration (39,398) (104,121)
Total current liabilities 171,149 248,944
Long-term liabilities:    
Convertible senior notes, net 227,504 226,047
Long-term debt 30,073 0
Long-term deferred revenue 67 334
Long-term operating lease liabilities 6,391 4,306
Long-term contingent consideration (4,162) 0
Total liabilities 439,346 479,631
Stockholders’ equity:    
Common stock, $0.0001 par value—100,000 shares authorized and 39,728 and 33,477 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively 9 9
Additional paid-in capital 1,243,594 1,182,568
Accumulated other comprehensive income 2,467 5,598
Accumulated deficit (1,111,272) (976,570)
Total stockholders’ equity 134,798 211,605
Total liabilities and stockholders’ equity $ 574,144 $ 691,236