Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Redeemable Convertible Preferred Stock and Stockholders' Equity (Deficit) (Unaudited)

v3.23.1
Consolidated Statements of Redeemable Convertible Preferred Stock and Stockholders' Equity (Deficit) (Unaudited) - USD ($)
$ in Thousands
Total
Redeemable Convertible Preferred Stock (Series A)
Common Stock
Class A
Additional Paid-in Capital
 [1]
Accumulated Deficit
Treasury Stock
Balances at Dec. 31, 2021 $ 221,684   $ 1 [1] $ 701,256 $ (469,873) $ (9,700)
Balances (in Shares) at Dec. 31, 2021 [1]     7,682,748      
Stock-based compensation 3,268     3,268    
Exercise of stock options and warrants and vesting of RSUs and PSUs, net of tax withholdings 421     421    
Exercise of stock options and warrants and vesting of RSUs and PSUs, net of tax withholdings (in Shares) [1]     29,996      
Issuance of common stock in connection with earnout and make-whole provisions related to the acquisition of Malka Media Group LLC 10,278     10,278    
Issuance of common stock in connection with earnout and make-whole provisions related to the acquisition of Malka Media Group LLC (in Shares) [1]     138,923      
Issuance of options and preferred stock in connection with Engine Acquisition, net of working capital adjustments 8,963 $ 193,647   8,963    
Issuance of options and preferred stock in connection with Engine Acquisition, net of working capital adjustments (in Shares)   28,693,931        
Accrued dividends on preferred stock (1,028)     (1,028)    
Other (127)     (1,087) 960  
Net income (loss) (9,978)       (9,978)  
Balances at Mar. 31, 2022 233,481 $ 193,647 $ 1 [1] 722,071 (478,891) (9,700)
Balances (in Shares) at Mar. 31, 2022   28,693,931 7,851,667 [1]      
Balances at Dec. 31, 2022 99,161 $ 173,208 $ 1 [1] 766,839 (657,979) (9,700)
Balances (in Shares) at Dec. 31, 2022   25,655,579 8,587,345 [1]      
Stock-based compensation 5,705     5,705    
Exercise of stock options and warrants and vesting of RSUs and PSUs, net of tax withholdings (599)     (599)    
Exercise of stock options and warrants and vesting of RSUs and PSUs, net of tax withholdings (in Shares) [1]     100,797      
Issuance of common stock in connection with earnout and make-whole provisions related to the acquisition of Malka Media Group LLC 1,913     1,913    
Issuance of common stock in connection with earnout and make-whole provisions related to the acquisition of Malka Media Group LLC (in Shares) [1]     110,925      
Issuance of options and preferred stock in connection with Engine Acquisition, net of working capital adjustments   $ 120        
Issuance of options and preferred stock in connection with Engine Acquisition, net of working capital adjustments (in Shares)   46,080        
Conversion of preferred stock to common stock -Shares   (64) 2 [1]      
Accrued dividends on preferred stock (1,977)     (1,977)    
Other 505       505  
Net income (loss) (9,217)       (9,217)  
Balances at Mar. 31, 2023 $ 95,491 $ 173,328 $ 1 [1] $ 771,881 $ (666,691) $ (9,700)
Balances (in Shares) at Mar. 31, 2023   25,701,595 8,799,069 [1]      
[1] Prior period results have been adjusted to reflect the Reverse Stock Split of the Class A Common Stock at a ratio of 1-for-30 that became effective April 24, 2023. See Note 1, “Description of Business and Basis of Presentation,” for details.