v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 11,230 $ 10,338
Accounts receivable (net of allowances of $1,169 and $1,255 at March 31, 2026 and December 31, 2025, respectively) 18,149 22,270
Prepayments and other current assets 3,125 3,022
Total current assets 32,504 35,630
Property and equipment, net 56 56
Operating lease right-of-use assets 1,957 2,031
Platform development, net 9,506 9,762
Acquired and other intangible assets, net 21,519 22,412
Other long term assets 133 137
Goodwill 42,575 42,575
Total assets 108,250 112,603
Current liabilities:    
Accounts payable 3,063 1,676
Accrued expenses and other 5,354 7,631
Unearned revenue 2,468 3,251
Subscription and returns reserve liability 580 508
Operating lease liability, current portion 413 402
Liquidated damages payable 3,610 3,535
Total current liabilities 15,488 17,003
Unearned revenue, net of current portion 35 43
Operating lease liability, net of current portion 1,963 2,071
Deferred tax liabilities 591 733
Term debt 97,592 97,578
Total liabilities 115,669 117,428
Commitments and contingencies (Note 24)
Stockholders' deficiency:    
Common stock 482 482
Additional paid-in capital 349,262 349,198
Accumulated deficit (357,163) (354,505)
Total stockholders’ deficiency (7,419) (4,825)
Total liabilities and stockholders’ deficiency $ 108,250 $ 112,603