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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 147,372 $ 149,493
Accounts receivable, net 123,700 129,808
Prepaid wires, net 119,169 90,386
Prepaid expenses and other current assets 12,320 12,749
Total current assets 402,561 382,436
Property and equipment, net 28,670 28,160
Goodwill 53,487 49,774
Intangible assets, net 20,622 19,826
Other assets 34,461 31,876
Total assets 539,801 512,072
Current liabilities:    
Current portion of long-term debt, net 6,069 4,975
Accounts payable 21,658 25,686
Wire transfers and money orders payable, net 106,271 112,251
Accrued and other liabilities 41,959 41,855
Total current liabilities 175,957 184,767
Long-term liabilities:    
Debt, net 187,201 150,235
Lease liabilities, net 22,918 23,272
Deferred tax liability, net 2,900 3,892
Total long-term liabilities 213,019 177,399
Commitments and contingencies, see Note 16
Stockholders’ equity:    
Common stock $0.0001 par value; 230,000,000 shares authorized, 39,571,073 and 39,453,236 shares issued and 35,516,226 and 36,630,970 shares outstanding as of June 30, 2023 and December 31, 2022, respectively. 4 4
Additional paid-in capital 74,103 70,210
Retained earnings 166,318 139,134
Accumulated other comprehensive income (loss) 215 (142)
Treasury stock, at cost; 4,054,847 and 2,822,266 shares as of June 30, 2023 and December 31, 2022, respectively. (89,815) (59,300)
Total stockholders’ equity 150,825 149,906
Total liabilities and stockholders’ equity $ 539,801 $ 512,072