v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 26,962 $ 39,049
Restricted cash 575 24,889
Customer funds 14,662 88,566
Investments 235 0
Accounts receivable, net 12,070 7,683
Prepaid insurance 2,749 3,971
Assets of businesses held for sale 0 17,519
Other current assets 14,947 2,168
Total current assets 72,200 183,845
Property, equipment and software, net 1,660 2,064
Goodwill 64,658 68,001
Intangible assets 5,550 2,900
Equity method investment 11,149 0
Derivative asset 3,352 0
Noncurrent assets of businesses held for sale 0 2,165
Other assets 4,219 10,402
Total assets 162,788 269,377
Current liabilities:    
Accounts payable and accrued liabilities 14,876 14,260
Customer funds payable 14,662 88,566
Deferred revenue, current 789 0
Liabilities of businesses held for sale 0 28,127
Total current liabilities 33,030 137,719
Warrant liabilities 16,732 46,923
Noncurrent liabilities of businesses held for sale 0 5,778
Other noncurrent liabilities 244 16,104
Total liabilities 50,006 206,524
Commitments and contingencies (Note 16)
Stockholders’ equity:    
Additional paid-in capital 1,017,004 832,693
Accumulated other comprehensive income (loss) 947 (841)
Accumulated deficit (905,172) (797,960)
Total stockholders' equity 112,782 33,894
Noncontrolling interest 0 28,959
Total equity 112,782 62,853
Total liabilities and stockholders’ equity 162,788 269,377
Related Party    
Current liabilities:    
Other current liabilities 0 2,360
Nonrelated Party    
Current liabilities:    
Other current liabilities 2,703 4,406
Class A Common Stock    
Stockholders’ equity:    
Common stock, value 3 1
Class V Common Stock    
Stockholders’ equity:    
Common stock, value $ 0 $ 1