Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Consolidated Balance Sheets

v3.21.2
Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current Assets    
Cash $ 21,689 $ 8,246
Accounts receivable, net 31,738 23,928
Inventory 11,614 1,404
Prepaid expenses and other current assets 1,754 1,664
Total current assets 66,795 35,242
Intangible asset, net 13,043 15,029
Operating lease right-of-use asset, net 111 175
Deferred tax assets 8,361 1,454
Other assets 749 6
Total assets 89,059 51,906
Current liabilities    
Accounts payable 28,180 1,839
Accounts payable - related party 600 117
Accrued expenses 26,048 21,498
Accrued expenses - related party 433  
Installment payments - licenses, short-term (net of debt discount of $567 and $778 as of September 30, 2021 and December 31, 2020, respectively) 4,433 4,522
Operating lease liabilities, short-term 96 85
Total current liabilities 59,790 28,061
Income tax payable   99
Note payable, related party 14,972 5,220
Installment payments - licenses, long-term (net of debt discount of $461 and $863 as of September 30, 2021 and December 31, 2020, respectively) 3,539 8,137
Derivative warrant liability 4,365  
Convertible class A preferred stock settled note, short-term (net of debt discount of $1,923 as of September 30, 2021) 18,078  
Operating lease liabilities, long-term 24 97
Total liabilities 100,768 41,614
Commitments and contingencies (Note 14)
Stockholders' equity (deficit)    
Additional paid-in capital 5,413 5,171
(Accumulated deficit) retained earnings (17,123) 5,120
Total stockholders' (deficit) (11,709) 10,292
Total liabilities and stockholders' equity 89,059 51,906
Common Stock A    
Stockholders' equity (deficit)    
Common stock, $.0001 par value, 50,000,000 shares authorized, 3,161,333 and 3,151,333 shares issued and outstanding as of September 30, 2021, and December 31, 2020, respectively $ 1 $ 1