v3.22.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 27,258 $ 22,076
Accounts receivable, net 10,396 6,057
Contract assets 9,364 4,172
Inventory 607 330
Income tax receivable 688 688
Related party receivable 0 4,874
Prepaid insurance 3,806 0
Prepaid expenses and other current assets 1,855 1,109
Total current assets 53,974 39,306
Property, plant and equipment, net 4,830 3,262
Goodwill 69,625 52,711
Intangible assets, net 87,453 60,961
Other non-current assets 125 534
Total assets 216,007 156,774
Current liabilities:    
Accounts payable 7,390 7,158
Notes payable to sellers 888 1,827
Short-term debt, including current portion of long-term debt 3,827 1,074
Accrued expenses 12,841 7,462
Deferred revenue 11,737 15,665
Other current liabilities 823 378
Total current liabilities 37,506 33,564
Long-term debt 74,989 76,642
Warrant liabilities 18,789 0
Deferred tax liabilities 6,415 7,367
Other non-current liabilities 0 6
Total liabilities 137,699 117,579
Shareholders’ Equity:    
Preferred stock, $0.0001 par value, 100,000,000 shares authorized; none issued and outstanding as of September 30, 2021 0 0
Common stock, $0.0001 par value, 500,000,000 shares authorized; 59,661,273 issued and outstanding as of September 30, 2021 and 37,200,000 issued and outstanding as of December 31, 2020 6 4
Additional paid-in capital 140,295 53,059
Accumulated deficit (62,201) (14,374)
Accumulated other comprehensive income (loss) 208 506
Shareholders’ equity 78,308 39,195 [1]
Total liabilities and shareholders’ equity $ 216,007 $ 156,774
[1] The units of the Company prior to the Merger (as defined in Note A) have been retroactively restated to reflect the exchange ratio established in the Merger (computed as 37,200,000 shares of common stock to 100 Company units).