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CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (DEFICIT) (Unaudited) - USD ($)
$ in Thousands
Total
Aimtell, PushPros and Aramis
SmarterChaos
Class A Common Stock
Class B Common Stock
Total Stockholders' Deficit
Total Stockholders' Deficit
Aimtell, PushPros and Aramis
Common Stock
Class A Common Stock
Common Stock
Class A Common Stock
Aimtell, PushPros and Aramis
Common Stock
Class A Common Stock
SmarterChaos
Common Stock
Class B Common Stock
Additional Paid-in Capital
Additional Paid-in Capital
Aimtell, PushPros and Aramis
Retained Earnings
Non- controlling Interest
Non- controlling Interest
Aimtell, PushPros and Aramis
Beginning balance (in shares) at Dec. 31, 2020               32,393     25,999          
Beginning balance at Dec. 31, 2020 $ (95,685)         $ (51,167)   $ 3     $ 3 $ (48,027)   $ (3,146) $ (44,518)  
Net income (loss) (212)         (119)               (119) (93)  
Shares issued in connection with acquisition (in shares)                 1,293              
Shares issued in connection with acquisition   $ 15,000         $ 9,384           $ 9,384     $ 5,616
Exercise of warrants to issue Class A common stock (in shares)               1                
Exercise of warrants to issue Class A common stock 17         17           17        
Stock-based compensation 1,365         1,365           1,365        
Other (21)                           (21)  
Ending balance (in shares) at Mar. 31, 2021               33,687     25,999          
Ending balance at Mar. 31, 2021 (79,536)         (40,520)   $ 3     $ 3 (37,261)   (3,265) (39,016)  
Beginning balance (in shares) at Dec. 31, 2021               36,226,000     25,699,000          
Beginning balance at Dec. 31, 2021 (47,818)         (26,177)   $ 3     $ 3 (25,239)   (944) (21,641)  
Net income (loss) (5,357)         (3,134)               (3,134) (2,223)  
Stock issued during period, conversion of convertible securities (in shares) [1]                   153,000            
Stock issued during period, conversion of convertible securities [1]     $ 0                          
Stock-based compensation 1,942         1,942           1,942        
Shares issued under the 2020 Omnibus Incentive Plan (in shares)               15,000                
Shares issued under the 2020 Omnibus Incentive Plan 0                              
Distributions to non-controlling interest holders [2] (573)                           (573)  
Impact of transactions affecting non-controlling interest [3] 0         (457)           (457)     457  
Ending balance (in shares) at Mar. 31, 2022       36,394,000 25,699,000     36,394,000     25,699,000          
Ending balance at Mar. 31, 2022 (51,806)         $ (27,826)   $ 3     $ 3 $ (23,754)   $ (4,078) $ (23,980)  
Unpaid distributions $ 10                              
[1] On January 17, 2022, the Sellers of SmarterChaos redeemed their remaining non-controlling interest held through DMSH Units in exchange for 154 thousand shares of Class A Common Stock in DMS, Inc. The non-controlling interest held by the Sellers of SmarterChaos did not include related Class B Common Stock to be retired upon redemption.
[2] Represents tax distributions to shareholders Prism, Clairvest and the Sellers of SmarterChaos. As of March 31, 2022, $10 thousand of these distributions have not been paid.
[3] The carrying amount of non-controlling interest was adjusted primarily to reflect the change in ownership interest caused by additional DMSH units redeemed and issued to Class A Common Stock by the Sellers of SmarterChaos.