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Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and equivalents $ 16,881 $ 20,185
Accounts receivable, net 88,356 90,775
Unbilled receivables, net 45,501 40,513
Prepaid expenses 4,100 5,266
Other current assets 1,036 812
Total current assets 155,874 157,551
Property and equipment, net 15,439 14,824
Intangible assets, net 88,401 92,389
Goodwill 92,254 85,125
Other long-term assets 2,907 2,884
TOTAL ASSETS 354,875 352,773
Current liabilities:    
Trade accounts payable 21,296 30,754
Accrued liabilities 10,958 10,085
Current maturities of long-term debt 14,050 10,875
Other current liabilities 11,482 13,712
Total current liabilities 57,786 65,426
Long-term debt, net of current maturities and loan costs 270,915 158,557
Other long-term liabilities 7,791 1,347
Total liabilities 336,492 225,330
COMMITMENTS AND CONTINGENCIES (NOTE 14)
Redeemable preferred stock 145,866
Members’ Capital 127,443
Class A common stock, $0.0001 par value, 400,000,000 shares authorized, 5,767,342 shares issued and outstanding at June 30, 2020 1
Class B common stock, $0.0001 par value, 23,974,368 shares authorized, 23,974,368 shares issued and outstanding at June 30, 2020 2
Additional paid in capital (23,442)
Non-controlling interest (102,131)
Retained (deficit) (1,913)
Total shareholders’ equity/members’ capital (127,483) 127,443
TOTAL LIABILITIES, REDEEMABLE PREFERRED STOCK. SHAREHOLDERS’ EQUITY AND MEMBERS’ CAPITAL $ 354,875 $ 352,773