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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 207,398 $ 321,629
Restricted cash 0 250
Accounts receivable, net of allowance for doubtful accounts of $46 for both March 31, 2023 and December 31, 2022 24,626 26,441
Inventory, net 38,977 13,256
Prepaid expenses and other current assets 19,366 12,290
Total current assets 290,367 373,866
Property and equipment, net 21,112 15,829
Intangible assets, net 189,476 63,117
Goodwill 278,949 136,463
Operating lease right-of-use assets 11,676 12,055
Other assets and deposits 1,997 2,021
Total assets 793,577 603,351
Liabilities and stockholders' equity    
Accounts payable 16,925 14,186
Accrued payroll liabilities 13,375 11,541
Accrued expenses and other current liabilities 70,667 13,159
Intangible asset contract liability 9,397 9,377
Current debt obligations 4,660 15,700
Total current liabilities 115,024 63,963
Long-term debt, net of current portion 155,959 155,699
Warrant liability 92,730 45,398
Intangible asset contract liability, net of current portion 2,088 4,177
Deferred tax liabilities, non-current 10,628 7,823
Operating lease liability, non-current 9,791 10,115
Other long-term liabilities 49,220 1,844
Total liabilities 435,440 289,019
Commitments and contingencies (Note 17)
Stockholders' equity    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized; no shares issued or outstanding 0 0
Additional paid-in capital 692,090 568,564
Accumulated deficit (316,562) (243,816)
Accumulated other comprehensive loss (13,451) (11,951)
indie's stockholders' equity 362,093 312,812
Noncontrolling interest (3,956) 1,520
Total stockholders' equity 358,137 314,332
Total liabilities and stockholders' equity 793,577 603,351
Convertible debt into Class A common shares    
Stockholders' equity    
Common stock 14 13
Class V    
Stockholders' equity    
Common stock $ 2 $ 2