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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 52,784 $ 47,230
Short term investments 32,228 8,216
Accounts receivable 1,830 2,168
Other current assets 2,933 3,576
Total current assets 89,775 61,190
Network under construction 2,147 3,574
Property and equipment, net of accumulated depreciation of $7,759 and $5,971 at June 30, 2023 and December 31, 2022, respectively 20,938 19,180
Operating lease right-of-use assets 18,602 10,143
Goodwill 17,739 17,493
Intangible assets 10,615 10,397
Other assets 1,652 1,811
Total assets 161,468 123,788
Current liabilities:    
Accounts payable 879 1,019
Accrued expenses and other current liabilities 5,976 5,241
Operating lease current liabilities 2,757 2,532
Deferred revenue 64 95
Total current liabilities 9,676 8,887
Warrants 7,263 4,200
Operating lease noncurrent liabilities 13,762 5,290
Other long-term liabilities 1,647 1,547
Long term debt, net of debt issuance cost and discount 34,042
Total liabilities 66,390 19,924
Stockholders’ equity:    
Common stock, authorized 500,000,000 shares; 108,185,714 and 106,418,442 shares issued and 108,184,537 and 106,417,265 shares outstanding at June 30, 2023 and December 31, 2022, respectively 12 12
Additional paid-in capital 810,011 787,130
Accumulated other comprehensive income 1,823 1,371
Accumulated deficit (720,611) (688,492)
Common stock in treasury, at cost; 1,177 shares at June 30, 2023 and December 31, 2022 (4) (4)
Total stockholders’ equity 91,231 100,017
Non-controlling interests 3,847 3,847
Total liabilities and stockholders’ equity $ 161,468 $ 123,788