v3.24.3
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 57,085 $ 124,759
Restricted cash 170 54
Accounts receivable, net 81,168 74,609
Unbilled receivables 48,421 46,548
Prepaid expenses and other current assets 38,030 18,959
Total current assets 224,874 264,929
Property and equipment, net 4,077 3,769
Internal use software, net 51,546 40,301
Intangible assets, net 150,618 178,908
Goodwill 675,538 675,282
Operating lease right-of-use assets 20,472 21,668
Deferred tax asset, net 2,544 2,465
Other long-term assets 5,029 4,402
Total assets 1,134,698 1,191,724
Current liabilities:    
Accounts payable and accrued expenses 48,874 72,232
Operating lease liability 10,242 9,435
Due to related party 2 121
Deferred revenue 1,454 682
Total current liabilities 60,572 82,470
Deferred tax liability, net 4,989 20,367
Long-term debt, net 64,073 153,725
Operating lease liabilities, non-current 16,391 19,523
Other long-term liabilities 6,186 6,183
Total liabilities 152,211 282,268
Commitments and Contingencies (Note 13)
Stockholders’ Equity    
Preferred Stock, $0.001 par value, 50,000,000 shares authorized at September 30, 2024; 0 shares issued and outstanding at September 30, 2024 and December 31, 2023. 0 0
Common Stock, $0.001 par value, 500,000,000 shares authorized, 161,955,151 and 158,757,620 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively. 162 159
Additional paid-in-capital 952,123 901,259
Accumulated other comprehensive loss (1,276) (916)
Retained earnings 31,478 8,954
Total stockholders’ equity 982,487 909,456
Total liabilities and stockholders’ equity $ 1,134,698 $ 1,191,724