Quarterly report pursuant to Section 13 or 15(d)

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

v3.24.3
Consolidated Statements of Redeemable Convertible Preferred Stock and Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Class A
Redeemable Convertible Preferred Stock (Series A)
Common Stock
Class A
Additional Paid-in Capital
Accumulated Deficit
Treasury Stock
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 equity in connection with Engine Acquisition and the related contingent consideration, net of working capital adjustments 304   $ 1,560   304 [1]    
Issuance of equity in connection with Engine Acquisition and the related contingent consideration, net of working capital adjustments (in Shares)     4,400,172 23,453 [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 [1]      
Reversal of previously accrued dividends on preferred stock 690       690 [1]    
Settlement of accrued dividends on preferred stock 2,976       2,976 [1]    
Settlement of accrued dividends on preferred stock, (in shares) [1]       229,605      
Conversion of preferred stock to common stock 174,849   $ (174,723)   174,849 [1]    
Conversion of preferred stock to common stock -Shares     (30,049,053) 1,012,093 [1]      
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      
Balances at Dec. 31, 2023 257,223     $ 1 969,641 (702,719) (9,700)
Balances (in Shares) at Dec. 31, 2023       10,412,294      
Stock-based compensation 21,310       21,310    
Exercise of stock options and warrants and vesting of RSUs and PSUs, net of tax withholdings (2,649)       (2,649)    
Exercise of stock options and warrants and vesting of RSUs and PSUs, net of tax withholdings (in Shares)       718,108      
Repurchases of Class A Common Stock (976) $ (976)         (976)
Repurchases of Class A Common Stock, (in shares)   (24,405)   (24,405)      
Other 144       144    
Net income (loss) 7,420         7,420  
Balances at Sep. 30, 2024 282,472     $ 1 988,446 (695,299) (10,676)
Balances (in Shares) at Sep. 30, 2024       11,105,997      
Balances at Jun. 30, 2024 278,456     $ 1 980,662 (692,507) (9,700)
Balances (in Shares) at Jun. 30, 2024       10,945,658      
Stock-based compensation 7,282       7,282    
Exercise of stock options and warrants and vesting of RSUs and PSUs, net of tax withholdings 358       358    
Exercise of stock options and warrants and vesting of RSUs and PSUs, net of tax withholdings (in Shares)       184,744      
Repurchases of Class A Common Stock (976)           (976)
Repurchases of Class A Common Stock, (in shares)       (24,405)      
Other 144       144    
Net income (loss) (2,792)         (2,792)  
Balances at Sep. 30, 2024 $ 282,472     $ 1 $ 988,446 $ (695,299) $ (10,676)
Balances (in Shares) at Sep. 30, 2024       11,105,997      
[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.