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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities    
Net loss $ (38,861) $ (40,656)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation of property and equipment 197 245
Amortization of platform development and intangible assets 13,996 13,087
Amortization of debt discounts 1,645 934
Noncash and accrued interest 602 69
Loss on impairment of assets 119 257
Change in fair value of contingent consideration 409
Liquidated damages 304 300
Stock-based compensation 12,616 16,466
Deferred income taxes 73 (1,782)
Bad debt expense 54 372
Other 185
Change in operating assets and liabilities net of effect of business combination:    
Accounts receivable, net 2,213 (83)
Subscription acquisition costs (7,273) 2,143
Royalty fees 7,500
Prepayments and other current assets (7,327) 264
Other long-term assets 8 13
Accounts payable 742 335
Accrued expenses and other (800) (7,131)
Unearned revenue 5,526 945
Subscription refund liability 45 (693)
Operating lease liabilities (114) (107)
Other long-term liabilities (574) (128)
Net cash used in operating activities (16,400) (7,465)
Cash flows from investing activities    
Purchases of property and equipment (379)
Capitalized platform development (2,132) (2,784)
Proceeds from sale of equity investment 2,450
Payments for acquisition of business, net of cash acquired (500) (9,481)
Net cash used in investing activities (2,632) (10,194)
Cash flows from financing activities    
Proceeds (repayments) under line of credit, net borrowing 815 (4,180)
Proceeds from common stock registered direct offering 11,500
Payments of issuance costs from common stock registered direct offering (167)
Proceeds from common stock public offering, net of offering costs 32,058
Payments of issuance costs from common stock public offering (1,568)
Payment of deferred cash payments (75) (453)
Payment of taxes from common stock withheld (1,423) (556)
Payment of restricted stock liabilities (2,152)
Net cash provided by financing activities 10,650 23,149
Net increase (decrease) in cash, cash equivalents, and restricted cash (8,382) 5,490
Cash, cash equivalents, and restricted cash – beginning of period 14,373 9,851
Cash, cash equivalents, and restricted cash – end of period 5,991 15,341
Cash, cash equivalents, and restricted cash    
Cash and cash equivalents 5,489 14,839
Restricted cash 502 502
Total cash, cash equivalents, and restricted cash 5,991 15,341
Supplemental disclosure of cash flow information    
Cash paid for interest 7,140 4,323
Cash paid for income taxes 85
Noncash investing and financing activities    
Reclassification of stock-based compensation to platform development 548 1,125
Issuance cost of offerings recorded in accrued expenses and other 189
Issuance of common stock in connection with settlement of liquidated damages 499 7,008
Issuance of common stock upon conversion of series H preferred stock 1,500 511
Issuance of common stock in connection with acquisition 2,000
Deferred cash payments recorded in connection with acquisitions 246 1,889
Common stock issued in connection with acquisition of Athlon 3,141
Assumptions of liabilities in connection with acquisition of Athlon 12,642
Reclassification to liability upon common stock modification $ 68