v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 36,923 $ 20,436
Contract receivables, net 30,905 21,851
Notes receivable - related parties, current portion 350 750
Income taxes receivable 0 2,068
Prepaid post-combination compensation, current portion 6,705 3,585
Prepaid expenses and other current assets 5,006 9,598
Amounts due from related parties 0 266
Total current assets 79,889 58,554
Property and equipment at cost, less accumulated depreciation 1,143 598
Notes receivable - related parties, long term 900 900
Operating lease right of use asset 27,594 18,829
Goodwill 57,153 56,990
Other intangible assets, net of accumulated amortization 35,002 37,113
Deferred income tax asset 29,759 24,600
Prepaid post-combination compensation, long term 8,869 4,692
Other long-term assets 447 276
TOTAL ASSETS 240,756 202,552
Current liabilities:    
Accounts payable and accrued expenses 20,828 30,819
Income taxes payable 2,880 0
Deferred revenue 6,245 3,310
Operating lease liability, current portion 5,271 5,070
Contingent consideration, current portion 2,098 3,134
Notes payable, current portion, net 9,867 9,082
Total current liabilities 49,798 52,856
Notes payable, long term, net 32,286 37,906
Contingent consideration, long term 14,601 9,864
Other liability, long term 8,296 10,553
Operating lease liability, long term 24,832 16,469
Total liabilities 129,813 127,648
Shareholders' equity:    
Common stock, $0.001 par value, 1,000,000,000 shares authorized, 29,895,289 and 25,174,492 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 28 24
Additional paid-in capital 295,734 237,075
Accumulated deficit (185,653) (163,381)
Accumulated other comprehensive income (loss) 834 1,186
Total shareholders’ equity 110,943 74,904
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 240,756 202,552
Related Party    
Current liabilities:    
Other liability, current portion 14 0
Nonrelated Party    
Current liabilities:    
Other liability, current portion $ 2,595 $ 1,441