v3.22.2.2
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 4,464 $ 10,617
Accounts receivable, net 58,662 42,660
Contract assets 62,805 56,984
Prepaid expenses 11,755 6,227
Other current assets 1,835 1,769
Total current assets 139,521 118,257
Property and equipment, net 2,741 2,611
Operating right-of-use assets 3,119 3,920
Other noncurrent assets 2,661 4,558
Goodwill 32,132 32,132
Intangible assets, net 11,685 14,163
Total Assets 191,859 175,641
Current Liabilities:    
Accounts payable 58,498 47,531
Line of credit 30,095 29,916
Accrued expenses 162,428 65,538
Deferred compensation expense 1,250 8,321
Contract liabilities 4,461 4,603
Operating lease liabilities, current 1,832 1,675
Warrant liabilities 100 1,380
Current portion of long-term debt, net of debt issuance costs 22,666
Total current liabilities 258,664 181,630
Long-Term Liabilities:    
Deferred income taxes 219 178
Operating lease liabilities, noncurrent 2,340 3,770
Long-term debt, net of debt issuance costs 69,543 51,000
Forward purchase option derivative 8,205
Earn-out liabilities 7,000
Other long-term liabilities 517 367
Total Long-Term Liabilities 87,824 55,315
Total Liabilities 346,488 236,945
Stockholders’ (Deficit) Equity/Members’ (Deficit) Equity:    
Preferred stock – par value of $0.0001 per share, 10,000,000 shares authorized, 0 issued and outstanding as of September 30, 2022
Additional paid-in capital 11,805
Members’ deficit (61,304)
Accumulated deficit (327,216)
Total Stockholders’ Deficit (315,394)
Noncontrolling interests 160,765
Members’ Equity (Deficit) (154,629) (61,304)
Total Liabilities, Class A Ordinary Shares subject to Possible Redemption and Stockholders’ Deficit 191,859 175,641
Common Class A [Member]    
Stockholders’ (Deficit) Equity/Members’ (Deficit) Equity:    
Common stock value 5
Common Class V [Member]    
Stockholders’ (Deficit) Equity/Members’ (Deficit) Equity:    
Common stock value $ 12