XML 50 R40.htm IDEA: XBRL DOCUMENT v3.22.2.2
NATURE OF OPERATIONS - Additional information (Details) - USD ($)
$ / shares in Units, $ in Thousands
1 Months Ended 2 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 29, 2022
Jul. 18, 2022
Jul. 31, 2022
Sep. 30, 2022
Sep. 30, 2022
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2021
Feb. 01, 2021
Legacy Mondee shares (in shares)     60,800,000                
Common shares, par value (in dollars per share) $ 0.0001       $ 0.0001 $ 0.0001     $ 0.0001 $ 0.0001  
Warrants outstanding (in shares) 13,568,543       13,568,543 13,568,543     13,568,543    
Shares entitled to earn-out shareholders for Business Combination (in shares)     9,000,000   1,100,000 9,000,000          
Earn-out shares allocated (in shares)     6,500,000                
New shares issued (in shares)     7,000,000                
Total current liabilities $ 78,009       $ 78,009 $ 78,009     $ 78,009 $ 48,450  
Current assets 151,230       151,230 151,230     151,230 40,691  
Cash and cash equivalents 105,228       105,228 105,228     105,228 $ 15,506  
Unused line of credit 15,000       $ 15,000 $ 15,000     15,000    
Net cash proceeds upon the closing of the Business Combination and PIPE financing $ 58,495               $ 62,191    
Debt prepayment       $ 41,210              
Gross proceeds   $ 83,440                  
Public Warrants                      
Warrants outstanding (in shares) 12,061,043       12,061,043 12,061,043     12,061,043    
Private Placement Warrants                      
Warrants outstanding (in shares) 232,500       232,500 232,500     232,500   675,000
TCW Agreement                      
Shares required to be issued on business consummation     3,000,000                
PIPE Financing                      
Stock price (in dollars per share)     $ 10.00                
Consideration received     $ 70,000                
Metaminds                      
Asset acquisition purchase consideration     $ 2,000                
BCA                      
Net cash proceeds upon the closing of the Business Combination and PIPE financing                 $ 62,191    
ITHAX | Public Warrants                      
Warrants outstanding (in shares)     12,075,000                
ITHAX | Private Placement Warrants                      
Warrants outstanding (in shares)     337,500                
ITHAX | Forecast                      
Repayments of debt             $ 9,375 $ 7,500