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CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ (DEFICIT) EQUITY - USD ($)
$ in Thousands
Total
Members’ contribution
Accumulated deficit
Common Stock
Additional paid-in capital
Treasury Stock
Class A Units
Class B Units
Beginning balance, common shares (in shares) at Dec. 31, 2019             900 10
Beginning balance at Dec. 31, 2019 $ 11,675 $ 4,998 $ 6,677          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net (loss) income 5,289   5,289          
Equity-based compensation expense 80 80            
Distributions (9,773)   (9,773)          
Ending balance, common shares (in shares) at Oct. 22, 2020             900 10
Ending balance at Oct. 22, 2020 7,271 $ 5,078 2,193          
Beginning balance, common shares (in shares) at May. 22, 2020       0        
Beginning balance at May. 22, 2020 0   0 $ 0 $ 0      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net (loss) income (7,838)   (7,838)          
Parent’s contributions (in shares) [1]       105,000,000        
Parent’s contributions [1] 95,047     $ 11 95,036      
Parent’s contributions for acquisitions 13,188       13,188      
Ending balance, common shares (in shares) at Dec. 31, 2020 [2]       105,000,000        
Ending balance at Dec. 31, 2020 [2] 100,397   (7,838) $ 11 108,224 $ 0    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net (loss) income (123,552)   (123,552)          
Equity-based compensation expense 60,615       60,615      
GigCapital4 shares net of redemptions, including PIPE, warrant liability, and Merger costs (in shares)       30,566,227        
GigCapital4 shares net of redemptions, including PIPE, warrant liability, and Merger costs $ 84,908     $ 3 84,905      
Ending balance, common shares (in shares) at Dec. 31, 2021 135,566,227     135,566,227        
Ending balance at Dec. 31, 2021 $ 122,368   (131,390) $ 14 253,744 $ 0    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net (loss) income (121,674)   (121,674)          
Equity-based compensation expense 10,865       10,865      
Repurchase of shares as a result of Forward Share Purchase Agreements (in shares)       (9,952,803)   (9,952,803)    
Repurchase of shares as a result of Forward Share Purchase Agreements (57,350)         $ (57,350)    
Issuance of common stock as consideration for the acquisition of ProModel Corporation (in shares)       649,976        
Issuance of common stock as consideration for the acquisition of ProModel Corporation 7,501       7,501      
Stock issued upon the exercise of warrants (in shares)       51        
Stock issued upon the exercise of warrants 1       1      
Issuance of shares purchased under ESPP (in shares)       508,062        
Issuance of shares purchased under ESPP $ 417       417      
Issuance of shares vested for RSUs (in shares)       250,850        
Ending balance, common shares (in shares) at Dec. 31, 2022 127,022,363     127,022,363        
Ending balance at Dec. 31, 2022 $ (37,872)   $ (253,064) $ 14 $ 272,528 $ (57,350)    
[1] The units of the Company prior to the Merger (as defined in Note A—Description of the Business) have been retroactively restated to reflect the exchange ratio established in the Merger (computed as 105,000,000 shares of Common Stock to 100 Company units).
[2] The units of the Company prior to the Merger (as defined in Note A—Description of the Business) have been retroactively restated to reflect the exchange ratio established in the Merger (computed as 105,000,000 shares of Common Stock to 100 Company units)