v3.23.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 5,800 $ 10,479
Accounts receivable and contract assets, net 24,966 30,957
Prepaid expenses and other current assets 3,514 3,225
Total current assets 34,280 44,661
Property and equipment, net 21,717 21,988
Operating lease right-of-use assets 2,549 3,240
Goodwill 33,728 22,971
Intangible assets, net 37,898 27,318
Other assets 2,785 2,570
Total assets 132,957 122,748
Current liabilities    
Accounts payable 3,285 1,633
Line of Credit 7,000  
Deferred revenue, short-term 37,221 41,907
Accrued expenses and other current liabilities 10,482 9,965
Total current liabilities 57,988 53,505
Deferred revenue, long-term 1,125 1,813
Deferred tax liability 937 685
Other liabilities 4,797 5,800
Total liabilities 64,847 61,803
Commitments and contingencies (Note 14)
Stockholders' equity    
Preferred stock: $0.005 par value; 20,000,000 shares authorized; no shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively
Common stock: $0.005 par value; 500,000,000 shares authorized; 12,720,608 and 12,243,929 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively 64 62
Additional paid-in capital 167,169 153,573
Accumulated deficit (98,761) (92,400)
Accumulated other comprehensive loss (362) (290)
Total stockholders' equity 68,110 60,945
Total liabilities and stockholders' equity $ 132,957 $ 122,748

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