Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

v3.22.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 49,081 $ 8,246
Accounts receivable, net of reserves 23,112 23,928
Inventory 9,862 1,404
Prepaid expenses and other current assets 2,438 1,664
Total current assets 84,493 35,242
Intangible asset, net 12,552 15,029
Operating lease right-of-use asset, net 89 175
Deferred tax assets   1,454
Other assets 150 6
Total assets 97,284 51,906
Current liabilities    
Accounts payable 22,812 1,839
Accounts payable, related party 589 117
Accrued expenses 22,733 21,498
Accrued expenses, related party 52  
Line of credit 812  
Installment payments - licenses, short-term (net of debt discount of $490 and $778 as of December 31, 2021 and December 31, 2020, respectively) 4,510 4,522
Operating lease liabilities, short-term 98 85
Total current liabilities 51,606 28,061
Income tax payable 8 99
Note payable, related party   5,220
Installment payments - licenses, long-term (net of debt discount of $373 and $863 as of December 31, 2021 and December 31, 2020, respectively) 3,627 8,137
Operating lease liabilities, long-term   97
Total liabilities 55,241 41,614
Commitments and contingencies (Note 13)
Stockholders' equity (deficit)    
Additional paid-in capital 80,915 5,171
Retained earnings (Accumulated deficit) (38,874) 5,120
Total stockholders' equity 42,043 10,292
Total liabilities and stockholders' equity 97,284 51,906
Common excluding Class A    
Stockholders' equity (deficit)    
Common stock 1  
Common Stock A    
Stockholders' equity (deficit)    
Common stock $ 1 $ 1