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Consolidated Statements of Changes in Preferred Stock and Stockholders’ Deficit - USD ($)
shares in Thousands, $ in Thousands
Total
Crisp Results
Series A Preferred Stock
Series B Preferred Stock
Class A Common Stock
Total Stockholders' Deficit
Total Stockholders' Deficit
Crisp Results
Total Stockholders' Deficit
Series A Preferred Stock
Total Stockholders' Deficit
Series B Preferred Stock
Preferred Stock
Preferred Stock
Series A Preferred Stock
Preferred Stock
Series B Preferred Stock
Common Stock
Class A Common Stock
Common Stock
Class A Common Stock
Smarter Chaos
Common Stock
Class A Common Stock
Crisp Results
Common Stock
Class B Common Stock
Common Stock
Class B Common Stock
Smarter Chaos
Additional Paid-in Capital
Additional Paid-in Capital
Crisp Results
Treasury Stock
Cumulative Deficit
Cumulative Deficit
Series A Preferred Stock
Cumulative Deficit
Series B Preferred Stock
Non- controlling Interest
Preferred stock, ending balance (in shares) at Dec. 31, 2022 [1]                   0                            
Beginning balance (in shares) at Dec. 31, 2021                         2,447     1,713                
Beginning balance at Dec. 31, 2021 $ (47,818)         $ (26,177)             $ 3     $ 3   $ (25,239)     $ (944)     $ (21,641)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                
Net loss (52,500)         (31,952)                             (31,952)     (20,548)
Shares redeemed and issued to Class A Common Stock (in shares) [2]                           10                    
Stock-based compensation 7,125         7,125                       7,125            
Shares issued under the 2020 Omnibus Incentive Plan (in shares)                         48                      
Treasury shares purchased under the 2020 Omnibus Incentive Plan (in shares)                         (9)                      
Treasury stock purchased under the 2020 Omnibus Incentive Plan (181)         (181)                           $ (181)        
Impact of transactions affecting non-controlling interest [3] 0         (5,939)                       (5,939)           5,939
Shares issued in connection with the Crisp Earnout (in shares)                             199                  
Shares issued in connection with the Crisp Earnout   $ 10,000         $ 10,000               $ 1       $ 9,999          
Distributions to non-controlling interest holders [4] (573)                                             (573)
Ending balance (in shares) at Dec. 31, 2022                         2,695     1,713                
Ending balance (in shares) (Change In Percent Calculation) at Dec. 31, 2022                         2,695     1,713                
Ending balance at Dec. 31, 2022 (83,947)         (47,124)       $ 0 [1]     $ 4     $ 3   (14,054)   (181) (32,896)     (36,823)
Ending balance (Change In Percent Calculation) at Dec. 31, 2022 (83,947)         (47,124)             $ 4     $ 3   (14,054)   (181) (32,896)     (36,823)
Increase (Decrease) in Temporary Equity [Roll Forward]                                                
Convertible redeemable preferred stock (in shares)                   140 80 [1] 60 [1]                        
Convertible redeemable preferred stock [1]                     $ 2,853 $ 2,140                        
Accretion convertible redeemable preferred stock [1]                     6,391 4,794                        
Preferred stock dividends [1],[5]                     $ 267 $ 201                        
Preferred stock, ending balance (in shares) at Dec. 31, 2023                     80 60                        
Preferred stock, ending balance (in shares) (Change In Percent Calculation) at Dec. 31, 2023 [1]                   140                            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                
Net loss (122,693)         (81,681)                             (81,681)     (41,012)
Shares redeemed and issued to Class A Common Stock (in shares)                           1,562     (1,562)              
Stock-based compensation 3,686         3,686                       3,686            
Accretion of convertible redeemable preferred stock     $ (6,391) $ (4,794)       $ (6,391) $ (4,794)                         $ (6,391) $ (4,794)  
Preferred stock dividends [5]     $ (267) $ (201)       $ (267) $ (201)                         $ (267) $ (201)  
Shares issued under the 2020 Omnibus Incentive Plan (in shares)                         38                      
Treasury shares purchased under the 2020 Omnibus Incentive Plan (in shares)                         (8)                      
Treasury stock purchased under the 2020 Omnibus Incentive Plan (54)         (54)                           (54)        
Impact of transactions affecting non-controlling interest [6] $ 0         (70,155)                       (70,155)           70,155
Ending balance (in shares) at Dec. 31, 2023 1,672       2,766                                      
Ending balance (in shares) (Change In Percent Calculation) at Dec. 31, 2023                         4,287     151                
Ending balance at Dec. 31, 2023 $ (214,661)                                              
Ending balance (Change In Percent Calculation) at Dec. 31, 2023 $ (214,661)         $ (206,981)       $ 16,646 [1]     $ 4     $ 3   $ (80,523)   $ (235) $ (126,230)     $ (7,680)
[1] See Note 10. Fair Value Measurements and Note 11. Equity
[2] On January 17, 2022, the Sellers of SmarterChaos redeemed their remaining non-controlling interest held through DMSH Units in exchange for 10 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.
[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, shares issued in connection with the Crisp Earnout and shares issued under the 2020 Omnibus Incentive Plan.
[4] Represents tax distributions to shareholders Prism, Clairvest and the Sellers of SmarterChaos. As of September 30, 2022, $10 thousand of these distributions had not been paid.
[5] Represents Series A and Series B preferred stock dividends, which have not been paid.
[6] The carrying amount of non-controlling interest was adjusted primarily to reflect the change in ownership interest caused by additional controlling shares contributed as a result of the shares issued under the 2020 Omnibus Incentive Plan and the non-controlling redemptions by Prism.