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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 160,648 $ 321,629
Restricted cash 0 250
Accounts receivable, net of allowance for doubtful accounts of $46 for both September 30, 2023 and December 31, 2022 43,476 26,441
Inventory, net 39,505 13,256
Prepaid expenses and other current assets 26,304 12,290
Total current assets 269,933 373,866
Property and equipment, net 25,913 15,829
Intangible assets, net 196,424 63,117
Goodwill 309,525 136,463
Operating lease right-of-use assets 14,135 12,055
Other assets and deposits 3,594 2,021
Total assets 819,524 603,351
Liabilities and stockholders' equity    
Accounts payable 19,617 14,186
Accrued payroll liabilities 13,057 11,541
Accrued expenses and other current liabilities 104,857 13,159
Intangible asset contract liability 6,517 9,377
Current debt obligations 4,910 15,700
Total current liabilities 148,958 63,963
Long-term debt, net of current portion 156,472 155,699
Warrant liability 52,024 45,398
Intangible asset contract liability, net of current portion 0 4,177
Deferred tax liabilities, non-current 15,711 7,823
Operating lease liability, non-current 10,867 10,115
Other long-term liabilities 22,650 1,844
Total liabilities 406,682 289,019
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 780,627 568,564
Accumulated deficit (346,786) (243,816)
Accumulated other comprehensive loss (20,343) (11,951)
indie's stockholders' equity 413,515 312,812
Noncontrolling interest (673) 1,520
Total stockholders' equity 412,842 314,332
Total liabilities and stockholders' equity 819,524 603,351
Convertible debt into Class A common shares    
Stockholders' equity    
Common stock 15 13
Class V    
Stockholders' equity    
Common stock $ 2 $ 2