CONSOLIDATED BALANCE SHEETS - UNAUDITED - USD ($)
$ in Thousands |
Jun. 30, 2023 |
Dec. 31, 2022 |
| ASSETS |
|
|
| Cash and cash equivalents |
$ 11,524
|
$ 21,108
|
| Accounts receivable, net allowance for doubtful accounts of $562 and $305 |
7,083
|
8,260
|
| Prepaid expenses and other assets |
10,742
|
9,076
|
| Total current assets |
29,349
|
38,444
|
| Premises and equipment, net |
531
|
508
|
| Developed software, net |
19,759
|
22,324
|
| Goodwill |
5,259
|
5,259
|
| Other intangibles, net |
4,269
|
4,429
|
| Other assets |
0
|
72
|
| Total assets |
59,167
|
71,036
|
| Liabilities: |
|
|
| Accounts payable and accrued liabilities |
11,624
|
12,684
|
| Deferred revenue |
8,209
|
6,647
|
| Total current liabilities |
19,833
|
19,331
|
| Non-current liabilities: |
|
|
| Liability for private warrants |
811
|
2,847
|
| Other non-current liabilities |
480
|
0
|
| Total liabilities |
21,124
|
22,178
|
| Commitments and contingencies (Note 7) |
|
|
| Shareholders’ equity: |
|
|
| Preferred stock: Par value $0.0001 per share; 10,000,000 shares authorized, none issued or outstanding at both June 30, 2023 and December 31, 2022 |
0
|
0
|
| Common stock: Par value $0.0001 per share; 1 billion shares authorized; 11,866,345 shares issued and outstanding at June 30, 2023; 12,240,237 shares issued and outstanding at December 31, 2022 |
1
|
1
|
| Additional paid-in capital |
70,943
|
72,342
|
| Accumulated deficit |
(32,901)
|
(23,485)
|
| Total shareholders’ equity |
38,043
|
48,858
|
| Total liabilities and shareholders’ equity |
$ 59,167
|
$ 71,036
|