Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

v3.22.2.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 146,508 $ 111,032
Restricted cash 1,306 5,182
Accounts receivable, net of allowance for doubtful accounts of $5,170 and $4,284 at September 30, 2022 and December 31, 2021, respectively 165,944 142,473
Prepaid expenses and other current assets 17,067 18,583
Total current assets 330,825 277,270
Property and equipment, net 9,492 11,127
Right-of-use assets, net 8,802 0
Intangible assets, net 343,025 389,483
Goodwill 801,674 819,538
Cloud computing software, net 29,844 8,133
Deferred tax assets 63,167 0
Other non-current assets 18,811 18,211
Total assets 1,605,640 1,523,762
Current liabilities    
Accounts payable 11,355 13,688
Accrued expenses and other current liabilities 79,867 75,294
Accrued salaries and payroll 33,158 29,280
Derivative instruments, short-term 0 16,662
Debt, current portion 8,350 8,350
Total current liabilities 132,730 143,274
Debt, long-term portion 684,565 688,683
Derivative instruments, long-term 0 11,444
Tax receivable agreement liability 211,438 210,639
Deferred tax liabilities 5,760 14,765
Operating lease liabilities, long-term 11,051 0
Other non-current liabilities 2,394 9,240
Total liabilities 1,047,938 1,078,045
Commitments and contingent liabilities (Note 12)
Preferred stock, $0.001 par value, authorized 100,000,000 shares; none issued and outstanding as of September 30, 2022 and December 31, 2021 0 0
Common stock, $0.001 par value, authorized 1,000,000,000 shares; 79,482,612 and 79,392,937 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively 79 79
Additional paid-in capital 802,484 793,382
Accumulated deficit (231,065) (360,364)
Accumulated other comprehensive income (loss) (13,796) 12,620
Total stockholders’ equity 557,702 445,717
Total liabilities and stockholders’ equity $ 1,605,640 $ 1,523,762