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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash $ 6,442 $ 14,486
Restricted cash 1,845 0
Accounts receivable, net 2,446 2,990
Deposits 25,200 25,125
Prepaid expenses and other current assets 3,624 3,897
Total current assets 39,557 46,498
Property and equipment, net 837 846
Operating lease, right-of-use assets 1,198 1,278
Equity-method investment 158 154
Deposits 21,656 15,691
Forward purchase agreement 2,755 2,982
Restricted cash 0 2,237
Intangibles, net 1,376 1,391
Goodwill 635 635
Total assets 68,172 71,712
Current liabilities:    
Accounts payable and accrued liabilities 10,898 8,588
Operating lease liability 338 326
Merger transaction costs payable in shares 0 4,250
Customer deposits and deferred revenue 19,029 12,857
Total current liabilities 51,272 47,637
Deferred income tax liability 305 305
Operating lease liability, non-current 875 965
Credit facility, non-current 14,026 8,054
Total liabilities 66,478 56,961
COMMITMENTS AND CONTINGENCIES
Shareholders’ equity:    
Common Stock Class A, $0.0001 par value; $80,000,000 authorized; $29,251,629 and $28,043,449 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively 3 3
Additional paid-in capital 82,743 78,410
Accumulated deficit (81,052) (63,662)
Total shareholders’ equity 1,694 14,751
Total liabilities and shareholders’ equity 68,172 71,712
Affiliated Entity    
Current liabilities:    
Credit facility and other loans 1,000 1,000
Nonrelated Party    
Current liabilities:    
Credit facility and other loans $ 20,007 $ 20,616