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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 21,827 $ 12,632
Accounts receivable, less allowance for doubtful accounts of $980 as of March 31, 2023 and $98 as of December 31, 2022 32,678 30,091
Contract assets 2,427 1,312
Prepaid expenses and other current assets 8,775 10,300
Total current assets 65,707 54,335
Non-current assets:    
Property and equipment, net 1,308 1,433
Goodwill 48,683 48,683
Intangible assets, net 83,816 85,685
Right-of-use assets 4,491 4,638
Deferred tax assets 51 51
Other non-current assets 509 483
Total assets 204,565 195,308
Current liabilities:    
Accounts payable 10,508 15,422
Short-term debt, including current portion of long-term debt 1,296 2,059
Accrued liabilities 18,271 13,366
Contract liabilities 2,347 2,022
Current portion of long-term lease liability 810 806
Derivative liabilities 25,469 0
Other current liabilities 2,136 2,085
Total current liabilities 60,837 35,760
Non-current liabilities:    
Long-term debt, net 192,807 192,318
Long-term lease liability 4,906 5,092
Deferred tax liabilities 54 0
Other non-current liabilities 0 10
Total liabilities 258,604 233,180
Commitments and contingencies (Note K)
Stockholders’ deficit:    
Common stock, par value $0.0001; 500,000,000 shares authorized and 141,823,207 shares issued at March 31, 2023 and 127,022,363 at December 31, 2022 16 14
Additional paid-in capital 282,573 272,528
Treasury stock, at cost 9,952,803 shares at March 31, 2023 and December 31, 2022 (57,350) (57,350)
Accumulated deficit (279,278) (253,064)
Total stockholders’ deficit (54,039) (37,872)
Total liabilities and stockholders’ deficit $ 204,565 $ 195,308
Treasury stock, shares (in shares) 9,952,803 9,952,803