Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.23.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets    
Cash $ 22,916 $ 34,645
Accounts receivable, net 47,031 44,538
Inventories, net 7,368 10,051
Income taxes receivable 400 502
Prepaid expenses and other current assets 11,121 13,484
Total current assets 88,836 103,220
Non-current assets    
Restricted cash 582 362
Property and equipment, net 12,901 11,899
Intangible assets, net 185,173 192,504
Goodwill 373,085 369,706
Operating lease right-of-use assets 9,988 10,019
Deferred tax assets 54 55
Other long-term assets 651 971
Total assets 671,270 688,736
Current liabilities    
Accounts payable 21,600 17,835
Accrued liabilities 16,375 15,793
Current portion of operating lease liabilities 1,515 1,811
Income taxes payable 977 207
Deferred revenue 8,695 7,817
Current portion of long-term debt and other borrowings, net 4,817 5,345
Total current liabilities 53,979 48,808
Non-current liabilities    
Deferred tax liabilities 19,418 25,248
Warrant liability 33 33
Non-current portion of operating lease liabilities 9,567 9,275
Long-term debt and other borrowings, net 412,853 413,910
Other long-term liabilities 12,389 10,790
Total liabilities 508,239 508,064
Commitments and Contingencies
Stockholders’ equity    
Common stock, voting; par value $0.0001 per share; 315,000,000 shares authorized, 86,552,595 and 76,292,241 shares issued and outstanding as of June 30, 2023, and December 31, 2022, respectively 9 8
Additional paid-in capital 455,381 435,292
Accumulated other comprehensive loss (6,132) (6,390)
Accumulated deficit (286,227) (248,238)
Total stockholders’ equity 163,031 180,672
Total liabilities and stockholders’ equity $ 671,270 $ 688,736