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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 7,290 $ 13,871
Restricted cash 502
Accounts receivable, net 37,977 33,950
Subscription acquisition costs, current portion 31,944 25,931
Prepayments and other current assets 6,906 4,441
Total current assets 84,117 78,695
Property and equipment, net 404 735
Operating lease right-of-use assets 229 372
Platform development, net 9,265 10,330
Subscription acquisition costs, net of current portion 9,751 14,133
Acquired and other intangible assets, net 44,211 58,970
Other long-term assets 1,041 1,140
Goodwill 42,575 39,344
Total assets 191,593 203,719
Current liabilities:    
Accounts payable 11,333 12,863
Accrued expenses and other 25,765 23,102
Line of credit 17,303 14,092
Unearned revenue 63,757 58,703
Subscription refund liability 750 845
Operating lease liability 471 427
Contingent consideration 1,030
Liquidated damages payable 6,293 5,843
Bridge notes 5,767 34,805
Term debt 19,980 65,684
Total current liabilities 152,449 216,364
Unearned revenue, net of current portion 14,532 19,701
Operating lease liability, net of current portion 358
Liquidated damages payable, net of current portion 494
Other long-term liabilities 758 5,307
Deferred tax liabilities 574 465
Term debt 82,362
Total liabilities 250,675 242,689
Commitments and contingencies (Note 19)
Mezzanine equity:    
Total mezzanine equity 168 13,176
Stockholders’ deficiency:    
Common stock, $0.01 par value, authorized 1,000,000,000 shares; issued and outstanding: 23,823,476 and 18,303,193 shares at September 30, 2023 and December 31, 2022, respectively 237 182
Common stock to be issued
Additional paid-in capital 313,611 270,743
Accumulated deficit (373,098) (323,071)
Total stockholders’ deficiency (59,250) (52,146)
Total liabilities, mezzanine equity and stockholders’ deficiency 191,593 203,719
Series G Redeemable and Convertible Preferred Stock [Member]    
Mezzanine equity:    
Total mezzanine equity 168 168
Series H Convertible Preferred Stock [Member]    
Mezzanine equity:    
Total mezzanine equity $ 13,008