v3.24.1.u1
Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 89,976 $ 92,609
Restricted cash 0 3,570
Accounts receivable, net of allowance for expected credit losses of $5.3 million and $6.2 million at March 31, 2024 and December 31, 2023, respectively 48,405 45,417
Contract assets 15,954 16,117
Assets held for sale 12,596 0
Prepaid expenses and other current assets 27,679 22,434
Total current assets 194,610 180,147
Property and equipment, net 8,250 9,734
Capitalized software, net 39,622 42,511
Other non-current assets 39,746 42,722
Intangible assets, net 282,579 315,519
Goodwill 917,709 927,431
Total assets 1,482,516 1,518,064
Current liabilities:    
Accounts payable 8,073 8,638
Accrued expenses and other 57,802 66,265
Deferred revenue 25,894 24,082
Customer deposits 10,822 12,891
Current maturities of long-term debt 5,500 5,500
Liabilities held for sale 5,774 0
Total current liabilities 113,865 117,376
Long-term debt, net of current maturities and deferred financing costs 525,628 526,696
Other non-current liabilities 42,337 47,956
Total liabilities 681,830 692,028
Commitments and contingencies (Note 17)
Stockholders’ equity:    
Preferred stock, $0.00001 par value, 50,000,000 shares authorized and no shares issued or outstanding as of March 31, 2024 and December 31, 2023 0 0
Common stock, $0.00001 par value, 2,000,000,000 shares authorized and 186,161,386 and 186,934,031 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively 2 2
Accumulated other comprehensive loss (11,552) (8,017)
Additional paid-in capital 1,448,535 1,454,026
Accumulated deficit (636,299) (619,975)
Total stockholders’ equity 800,686 826,036
Total liabilities and stockholders’ equity $ 1,482,516 $ 1,518,064