v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 11,170 $ 10,338
Accounts receivable (net of allowances of $1,073 and $1,255 at June 30, 2026 and December 31, 2025, respectively) 18,489 22,270
Prepayments and other current assets 2,776 3,022
Total current assets 32,435 35,630
Property and equipment, net 41 56
Operating lease right-of-use assets 1,881 2,031
Platform development, net 8,428 9,762
Acquired and other intangible assets, net 20,625 22,412
Other long-term assets 130 137
Goodwill 42,575 42,575
Total assets 106,115 112,603
Current liabilities:    
Accounts payable 2,315 1,676
Accrued expenses and other 4,995 7,631
Unearned revenue 1,651 3,251
Subscription and returns reserve liability 587 508
Operating lease liability, current portion 424 402
Liquidated damages payable 3,686 3,535
Total current liabilities 13,658 17,003
Unearned revenue, net of current portion 28 43
Operating lease liability, net of current portion 1,853 2,071
Deferred tax liabilities 520 733
Term debt 97,606 97,578
Total liabilities 113,665 117,428
Commitments and contingencies (Note 24)
Stockholders' deficiency:    
Common stock 482 482
Additional paid-in capital 349,307 349,198
Accumulated deficit (357,339) (354,505)
Total stockholders’ deficiency (7,550) (4,825)
Total liabilities and stockholders’ deficiency $ 106,115 $ 112,603