XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 59,978 $ 68,900
Restricted cash 0 101,021
Accounts receivable, less allowance for doubtful accounts of $43 as of March 31, 2022 and December 31, 2021 26,624 28,605
Contract assets 2,934 628
Prepaid expenses and other current assets 6,601 7,028
Total current assets 96,137 206,182
Non-current assets:    
Property and equipment, net 1,335 1,078
Goodwill 91,636 91,636
Intangible assets, net 81,976 83,646
Other non-current assets 741 780
Total assets 271,825 383,322
Current liabilities:    
Accounts payable 6,625 5,475
Short-term debt, including current portion of long-term debt 3,074 4,233
Accrued liabilities 17,042 10,735
Contract liabilities 2,792 4,207
Derivative liabilities 0 44,827
Other current liabilities 623 541
Total current liabilities 30,156 70,018
Non-current liabilities:    
Long-term debt, net 190,853 190,364
Deferred tax liabilities 422 248
Other non-current liabilities 343 324
Total liabilities 221,774 260,954
Commitments and contingencies (Note I)
Stockholders’ equity:    
Common stock, par value $0.0001; 500,000,000 shares authorized and 125,613,424 shares issued at March 31, 2022 and 135,566,227 at December 31, 2021 14 14
Additional paid-in capital 257,602 253,744
Treasury stock, at cost 9,952,803 shares at March 31, 2022 and — shares at December 31, 2021 (57,350) 0
Accumulated deficit (150,215) (131,390)
Total stockholders’ equity 50,051 122,368
Total liabilities and stockholders’ equity $ 271,825 $ 383,322