Quarterly report pursuant to Section 13 or 15(d)

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

v3.23.3
Consolidated Statements of Redeemable Convertible Preferred Stock and Stockholders' Equity (Deficit) (Unaudited) - USD ($)
$ in Thousands
Total
Redeemable Convertible Preferred Stock (Series A)
Common Stock
 [1]
Common Stock
Class A
Additional Paid-in Capital
Accumulated Deficit
Treasury Stock
Balances at Dec. 31, 2021 $ 221,684     $ 1 [1] $ 701,256 [1] $ (469,873) $ (9,700)
Balances (in Shares) at Dec. 31, 2021 [1]       7,682,748      
Stock-based compensation 13,643       13,643 [1]    
Exercise of stock options and warrants 1,217       1,217 [1]    
Exercise of stock options and warrants (in Shares) [1]       154,761      
Accrued dividends on redeemable convertible preferred stock (4,892)       (4,892) [1]    
Issuance of common stock in connection with earnout and make-whole provisions related to the acquisition of Malka Media Group LLC 22,250       22,250 [1]    
Issuance of common stock in connection with earnout and make-whole provisions related to the acquisition of Malka Media Group LLC (in Shares) [1]       508,069      
Issuance of options and preferred stock in connection with Engine Acquisition and the related contingent consideration, net of working capital adjustments 8,963 $ 193,392     8,963 [1]    
Issuance of options and preferred stock in connection with Engine Acquisition and the related contingent consideration, net of working capital adjustments (in Shares)   28,656,121          
Conversion of redeemable convertible preferred stock (Series A) to common stock 20,250 $ (20,250)     20,250 [1]    
Conversion of redeemable convertible preferred stock (Series A) to common stock, (in shares)   (3,000,542) 100,018        
Other (127)       (1,087) [1] 960  
Net income (loss) (54,060)         (54,060)  
Balances at Sep. 30, 2022 228,928 $ 173,142   $ 1 [1] 761,600 [1] (522,973) (9,700)
Balances (in Shares) at Sep. 30, 2022   25,655,579   8,445,596 [1]      
Balances at Jun. 30, 2022 220,284 $ 193,647   $ 1 731,939 [1] (501,956) (9,700)
Balances (in Shares) at Jun. 30, 2022   28,693,931   8,065,027 [1]      
Stock-based compensation 5,127       5,127 [1]    
Exercise of stock options and warrants (in Shares) [1]       74,016      
Exercise of stock options and warrants and vesting of RSUs and PSUs, net of tax withholdings 440       440 [1]    
Issuance of common stock in connection with earnout and make-whole provisions related to the acquisition of Malka Media Group LLC 5,532       5,532 [1]    
Issuance of common stock in connection with earnout and make-whole provisions related to the acquisition of Malka Media Group LLC (in Shares) [1]       206,535      
Issuance of options and preferred stock in connection with Engine Acquisition and the related contingent consideration, net of working capital adjustments   $ (255)          
Issuance of options and preferred stock in connection with Engine Acquisition and the related contingent consideration, net of working capital adjustments (in Shares)   (37,810)          
Conversion of redeemable convertible preferred stock (Series A) to common stock 20,250 $ (20,250)     20,250 [1]    
Conversion of redeemable convertible preferred stock (Series A) to common stock, (in shares)   (3,000,542) 100,018        
Accrued dividends on preferred stock (1,688)       (1,688) [1]    
Net income (loss) (21,017)         (21,017)  
Balances at Sep. 30, 2022 228,928 $ 173,142   $ 1 [1] 761,600 [1] (522,973) (9,700)
Balances (in Shares) at Sep. 30, 2022   25,655,579   8,445,596 [1]      
Balances at Dec. 31, 2022 99,161 $ 173,208   $ 1 [1] 766,839 [1] (657,979) (9,700)
Balances (in Shares) at Dec. 31, 2022   25,655,579   8,587,345 [1]      
Stock-based compensation 16,657       16,657 [1]    
Exercise of stock options and warrants and vesting of RSUs and PSUs, net of tax withholdings (59)       (59) [1]    
Exercise of stock options and warrants and vesting of RSUs and PSUs, net of tax withholdings (in Shares) [1]       319,152      
Issuance of common stock in connection with earnout and make-whole provisions related to the acquisition of Malka Media Group LLC 1,914       1,914 [1]    
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 and the related contingent consideration, net of working capital adjustments 304 $ 1,560     304 [1]    
Issuance of options and preferred stock in connection with Engine Acquisition and the related contingent consideration, net of working capital adjustments (in Shares)   4,400,172   23,453 [1]      
Conversion of redeemable convertible preferred stock (Series A) to common stock 174,849 $ (174,723)     174,849 [1]    
Conversion of redeemable convertible preferred stock (Series A) to common stock, (in shares)   (30,049,053)   1,012,093 [1]      
Voluntary conversion of preferred stock to common stock 45 $ (45)     45 [1]    
Voluntary conversion of preferred stock to common stock, Shares   6,698 230        
Reversal of previously accrued / (accrued) dividends on preferred stock 690       690 [1]    
Accrued dividends on preferred stock (2,976)       (2,976) [1]    
Accrued dividends on preferred stock (in shares) [1]       229,605      
Other 493       (12) [1] 505  
Other, (in shares) [1]       (901)      
Net income (loss) (41,050)         (41,050)  
Balances at Sep. 30, 2023 255,980     $ 1 [1] 964,203 [1] (698,524) (9,700)
Balances (in Shares) at Sep. 30, 2023 [1]       10,281,902      
Balances at Jun. 30, 2023 253,665     $ 1 957,778 (694,414) (9,700)
Balances (in Shares) at Jun. 30, 2023       10,135,675      
Stock-based compensation 5,702       5,702    
Exercise of stock options and warrants and vesting of RSUs and PSUs, net of tax withholdings 723       723    
Exercise of stock options and warrants and vesting of RSUs and PSUs, net of tax withholdings (in Shares)       146,227      
Net income (loss) (4,110)         (4,110)  
Balances at Sep. 30, 2023 $ 255,980     $ 1 [1] $ 964,203 [1] $ (698,524) $ (9,700)
Balances (in Shares) at Sep. 30, 2023 [1]       10,281,902      
[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.