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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 1,445 $ 5,116
Accounts receivable, net of provision for credit losses of $978 and $344 4,973 37,207
Prepaid expenses and other current assets 2,117 759
Total current assets 8,535 43,082
Property, equipment and software, net 341 599
Goodwill 6,520 6,520
Intangible assets, net 9,730 11,684
Deferred tax asset, net 0 6,132
Operating lease right-of-use assets 832 788
Other long-term assets 48 130
Total assets 26,006 68,935
CURRENT LIABILITIES    
Accounts payable 7,657 33,926
Accrued liabilities 1,257 3,816
Liability related to tax receivable agreement, current portion 41 41
Current maturities of long-term debt 3,700 1,478
Deferred revenues 507 381
Operating lease liabilities, current portion 188 126
Income taxes payable 0 34
Total current liabilities 13,350 39,802
Long-term debt, net of current portion, deferred financing cost and debt discount 31,603 28,578
Liability related to tax receivable agreement, net of current portion 0 5,201
Operating lease liabilities, net of current portion 783 773
Total liabilities 45,736 74,354
COMMITMENTS AND CONTINGENCIES (Note 9)
STOCKHOLDERS’ DEFICIT    
Additional paid-in capital 3,769 3,067
Accumulated deficit (8,774) (2,538)
Noncontrolling interest (14,742) (5,962)
Total stockholders’ deficit (19,730) (5,419)
Total liabilities and stockholders’ deficit 26,006 68,935
Common Class A    
STOCKHOLDERS’ DEFICIT    
Common Stock 6 3
Common Class B    
STOCKHOLDERS’ DEFICIT    
Common Stock $ 11 $ 11