Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Consolidated Balance Sheets

v3.22.1
Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 41,331 $ 49,081
Accounts receivable, net of reserves 31,183 23,112
Inventory 16,137 9,862
Prepaid expenses and other current assets 1,608 2,438
Total current assets 90,259 84,493
Intangible assets, net 30,457 12,552
Operating lease right-of-use asset, net 67 89
Other assets 118 150
Total assets 120,901 97,284
Current liabilities    
Accounts payable 26,959 22,812
Due to related party 511 641
Accrued expenses 25,885 22,733
Accrued interest 66  
Income taxes payable 112 8
Line of credit   812
Deferred payment (net of discount of $206) 4,794  
Installment payments - licenses, short-term (net of debt discount of $431 and $490 as of March 31, 2022 and December 31, 2021, respectively) 2,569 4,510
Operating lease liabilities, short-term 74 98
Total current liabilities 60,970 51,614
Term loan (net of debt discount of $223 and $0 as of March 31, 2022 and December 31, 2021, respectively) 14,777  
Installment payments - licenses, long-term (net of debt discount of $284 and $373 as of March 31, 2022 and December 31, 2021, respectively) 3,716 3,627
Total liabilities 79,463 55,241
Commitments and contingencies (Note 15)
Stockholders' equity    
Additional paid-in capital 81,688 80,915
Accumulated deficit (40,252) (38,874)
Total stockholders' equity 41,438 42,043
Total liabilities and stockholders' equity 120,901 97,284
Common excluding Class A    
Stockholders' equity    
Common stock 1 1
Common Stock A    
Stockholders' equity    
Common stock $ 1 $ 1