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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 32,184 $ 12,632
Accounts receivable, less allowance for doubtful accounts of $1,705 as of September 30, 2023 and $98 as of December 31, 2022 29,030 30,091
Contract assets 452 1,312
Prepaid expenses and other current assets 4,104 10,300
Total current assets 65,770 54,335
Non-current assets:    
Property and equipment, net 1,095 1,433
Goodwill 48,683 48,683
Intangible assets, net 82,823 85,685
Right-of-use assets 4,188 4,638
Deferred tax assets 0 51
Other non-current assets 452 483
Total assets 203,011 195,308
Current liabilities:    
Accounts payable 9,076 15,422
Short-term debt, including current portion of long-term debt 0 2,059
Accrued liabilities 15,460 13,366
Contract liabilities 2,320 2,022
Current portion of long-term lease liability 803 806
Derivative liabilities 28,467 0
Other current liabilities 871 2,085
Total current liabilities 56,997 35,760
Non-current liabilities:    
Long-term debt, net 193,784 192,318
Long-term lease liability 4,517 5,092
Deferred tax liabilities 2 0
Other non-current liabilities 0 10
Total liabilities 255,300 233,180
Commitments and contingencies (Note L)
Stockholders’ deficit:    
Common stock, par value $0.0001; 500,000,000 shares authorized and 156,053,939 shares issued and outstanding at September 30, 2023 and 127,022,363 at December 31, 2022 17 14
Additional paid-in capital 297,218 272,528
Treasury stock, at cost 9,952,803 shares at September 30, 2023 and December 31, 2022 (57,350) (57,350)
Accumulated deficit (292,174) (253,064)
Total stockholders’ deficit (52,289) (37,872)
Total liabilities and stockholders’ deficit $ 203,011 $ 195,308