v3.24.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 15,257 $ 5,703
Accounts receivable and contract assets, net 25,857 30,700
Prepaid expenses and other current assets 5,256 3,902
Total current assets 46,370 40,305
Property and equipment, net 20,979 21,028
Operating lease right-of-use assets 2,088 2,315
Goodwill 34,213 34,213
Intangible assets, net 34,148 36,938
Other assets 3,934 3,909
Total assets 141,732 138,708
Current liabilities    
Accounts payable 2,687 3,031
Line of credit 4,000 7,000
Deferred revenue, short-term 43,458 41,265
Accrued expenses and other current liabilities 9,455 8,521
Total current liabilities 59,600 59,817
Deferred revenue, long-term 6,070 812
Deferred tax liability 1,358 1,226
Other liabilities 1,378 2,096
Total liabilities 68,406 63,951
Commitments and contingencies (Note 15)
Stockholders' equity    
Common stock: $0.005 par value; 500,000,000 shares authorized; 12,558,536 and 12,761,448 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively 63 64
Additional paid-in capital 173,771 170,139
Accumulated deficit (100,219) (95,118)
Accumulated other comprehensive loss (289) (328)
Total stockholders' equity 73,326 74,757
Total liabilities and stockholders' equity $ 141,732 $ 138,708

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