v3.25.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (15,492) $ (17,903)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 4,940 5,138
Non-cash loan amortization expense 365 837
Non-cash gain on contingent consideration 0 (250)
Non-cash loss on early extinguishment of debt 0 1,009
Share-based compensation expense 666 1,030
Fair value adjustment of Convertible Notes with related parties (398) (0)
Goodwill impairment 0 1,261
Impairment of intangible assets 0 980
Non-cash loss on asset write-off 698 0
Allowance for credit losses 18 71
Changes in assets and liabilities, net of business acquisitions:    
Accounts receivable 15,287 1,280
Prepaid expenses and other current assets (490) (1,579)
Other non-current assets 134 191
Operating lease assets and liabilities, net (69) (168)
Accounts payable (61) (3,140)
Accrued expenses and other current liabilities (2,329) (1,443)
Deferred revenue (221) 474
Other (1) (987)
Net cash provided by (used in) operating activities 3,047 (13,199)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capitalized costs included in intangible assets (3,200) (3,542)
Acquisition of property and equipment (31) 0
Net cash used in investing activities (3,231) (3,542)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of long-term debt, net of debt financing costs 34,332 42,917
Repayments of long-term debt (46,377) (44,475)
Debt financing costs (125) (968)
Proceeds from issuance of pre-funded and common stock warrants 8,972 9,900
Net cash (used in) provided by financing activities (3,198) 7,374
Net decrease in cash, cash equivalents, and restricted cash (3,382) (9,367)
Cash, cash equivalents, and restricted cash at beginning of period 10,694 15,804
Cash, cash equivalents, and restricted cash at end of period 7,312 6,437
SUPPLEMENTAL DISCLOSURE INFORMATION    
Cash paid for interest 1,353 1,690
Cash (refunded) paid for income taxes (8) 44
Share-based compensation capitalized in intangible assets 17 29
Long-term debt issuance 0 2,000
Consideration for True North $ 0 $ 500