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Condensed Consolidated Statements of Cash Flows (unaudited) (Q3) - USD ($)
$ in Thousands
5 Months Ended 7 Months Ended 9 Months Ended 12 Months Ended
Jun. 10, 2020
Dec. 31, 2020
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2021
Dec. 31, 2019
Operating activities            
Net loss $ (2,114) $ (10,959) $ (4,343) $ (1,433) $ 5,064 $ 7,706
Adjustments to reconcile net loss to net cash provided by operating activities:            
Unit-based compensation 343 924 23,353 1,806 2,602 6,780
Gain on Paycheck Protection Program loan forgiveness 0 0     (1,535) 0
Accrual of premium on debt 0 3,682 0 1,118 1,118 0
Amortization of debt issuance costs 0 564 759 897 1,180 0
Interest income on promissory note from member 0 0 (2,232) (1,282) (2,038) 0
Depreciation and amortization 10,642 17,639 27,215 32,534 43,234 27,412
Provision for doubtful accounts 0 150 27 0 53 282
Deferred income taxes (1,568) (3,940) (3,595) (3,855) (4,312) 2,173
Loss on disposal of property and equipment 0 0     0 15
Changes in operating assets and liabilities:            
Accounts receivable 2,221 (2,942) (575) (3,622) (6,105) (2,351)
Prepaid expenses and deferred charges 521 (437) (1,144) (1,602) (1,777) (1,199)
Other current assets 12 69 (4,779) (4,268) (3,292) 281
Other assets 249 304 (677) 53 37 (210)
Accounts payable 432 (1,846) (524) 1,122 1,845 (52)
Accrued expenses and other current liabilities 5,587 (3,041) 4,654 (7,185) (7,481) (6,177)
Deferred revenue (110) 8,624 (1,345) 5,364 6,547 3,412
Due to related party (60) (10) 0 10 10 (58)
Other liabilities 301 821 0 (805) (720) (41)
Net cash provided by operating activities 16,456 9,602 36,794 18,852 34,430 37,973
Investing activities            
Cash used in acquiring the Predecessor, net of cash acquired 0 (263,843)     0 0
Purchase of property and equipment (270) (197) (339) (156) (269) (133)
Additions to capitalized software (1,420) (951) (3,434) (2,184) (3,528) (2,327)
Loans to employees 0 0     0 (2,224)
Proceeds from repayment of loan to employees 2,224 0     0 0
Loan to Kunlun (14,000) 0     0 0
Proceeds from repayment of loan to Kunlun 14,000 0     0 0
Net cash (used in) provided by investing activities 534 (264,991) (3,773) (2,340) (3,797) (4,684)
Financing activities            
Proceeds from exercise of stock options 0 0 1,136 589 1,351 0
Contribution from members 0 110,000     0 0
Distributions paid     (79,524) 0    
Proceeds from issuance of debt 0 192,000 60,000 0 0 0
Payment of debt 0 0 (2,220) (2,880) (56,640) 0
Payment of debt issuance costs 0 (3,825) (955) (960) (960) 0
Proceeds from Paycheck Protection Program Loan 1,514 0     0 0
Net cash (used in) provided by financing activities 1,514 298,175 (21,563) (3,251) (56,249) 0
Net (decrease) increase in cash, cash equivalents and restricted cash 18,504 42,786 11,458 13,261 (25,616) 33,289
Cash, cash equivalents and restricted cash, beginning of the period 47,950 0 17,170 42,786 42,786 14,661
Cash, cash equivalents and restricted cash, end of the period 0 42,786 28,628 56,047 17,170 47,950
Reconciliation of cash, cash equivalents and restricted cash            
Cash and cash equivalents 65,062 41,394 27,236 54,655 15,778 46,558
Restricted cash 1,392 1,392 1,392 1,392 1,392 1,392
Cash, cash equivalents and restricted cash 0 42,786 28,628 56,047 17,170 47,950
Supplemental disclosure of cash flow information:            
Cash interest paid 2 10,336 12,159 13,752 22,751 99
Income taxes paid $ 157 $ 1,730 2,207 8,775 $ 9,514 $ 273
Supplemental disclosure of non-cash financing activities:            
Repayment of principal and interest on the promissory note to a member from distributions     3,789 0    
Member distributions     (3,789) 0    
Deferred transaction costs not yet paid     $ 1,168 $ 0