v3.25.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 23,010 $ 39,049
Restricted cash 19,754 24,889
Customer funds 12,003 88,566
Accounts receivable, net 28,691 24,648
Prepaid insurance 2,538 3,972
Assets of businesses held for sale 3,513 0
Other current assets 2,998 2,721
Total current assets 92,507 183,845
Property, equipment and software, net 1,974 2,064
Goodwill 68,001 68,001
Intangible assets 2,900 2,900
Other assets 10,964 12,567
Total assets 176,346 269,377
Current liabilities:    
Accounts payable and accrued liabilities 37,525 39,911
Customer funds payable 12,003 88,566
Deferred revenue, current 1,517 1,605
Liabilities of businesses held for sale 56 0
Total current liabilities 58,427 137,719
Deferred revenue, noncurrent 2,348 2,621
Warrant liability 14,675 46,923
Other noncurrent liabilities 19,337 19,261
Total liabilities 94,787 206,524
Commitments and contingencies (Note 13)
Additional paid-in capital 835,134 832,693
Accumulated other comprehensive loss (827) (841)
Accumulated deficit (790,250) (797,960)
Total stockholders’ equity 44,059 33,894
Noncontrolling interest 37,500 28,959
Total equity 81,559 62,853
Total liabilities and stockholders’ equity 176,346 269,377
Related Party    
Current liabilities:    
Other current liabilities 2,210 2,360
Nonrelated Party    
Current liabilities:    
Other current liabilities 5,116 5,277
Class A Common Stock    
Current liabilities:    
Common stock, value 1 1
Class V Common Stock    
Current liabilities:    
Common stock, value $ 1 $ 1