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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 321,629 $ 219,081
Restricted cash 250 383
Accounts receivable, net of allowance for doubtful accounts of $46 as of December 31, 2022 and $27 as of December 31, 2021 26,441 13,842
Inventory, net 13,256 9,080
Prepaid expenses and other current assets 12,290 5,648
Total current assets 373,866 248,034
Property and equipment, net 15,829 11,090
Intangible assets, net 63,117 96,285
Goodwill 136,463 113,574
Operating lease right-of-use assets 12,055 0
Other assets and deposits 2,021 270
Total assets 603,351 469,253
Liabilities and stockholders' equity    
Accounts payable 14,186 5,441
Accrued payroll liabilities 11,541 4,021
Accrued expenses and other current liabilities 13,159 16,462
Intangible asset contract liability 9,377 5,516
Current debt obligations 15,700 2,275
Total current liabilities 63,963 33,715
Long-term debt, net of current portion 155,699 5,618
Warrant liability 45,398 100,467
Intangible asset contract liability, net of current portion 4,177 12,452
Deferred tax liabilities, non-current 7,823 19,532
Operating lease liability, non-current 10,115 0
Other long-term liabilities 1,844 5,612
Total liabilities 289,019 177,396
Commitments and contingencies (Note 21)
Stockholders’ equity    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized; 0 shares issued or outstanding 0 0
Additional paid-in capital 568,564 514,891
Accumulated deficit (243,816) (200,416)
Accumulated other comprehensive loss (11,951) (1,443)
indie’s stockholders’ equity 312,812 313,046
Noncontrolling interest 1,520 (21,189)
Total stockholders' equity 314,332 291,857
Total liabilities and stockholders' equity 603,351 469,253
Class A    
Stockholders’ equity    
Common Stock 13 11
Class V    
Stockholders’ equity    
Common Stock $ 2 $ 3