v3.21.2
Condensed Consolidated Balance Sheet - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash $ 2,714 $ 3,940
Accounts receivable, net of allowance for doubtful accounts of $242 and $356 at June 30, 2021 and December 31, 2020, respectively 659 664
Digital currencies 773 0
Prepaid expenses and other current assets 1,586 304
Total current assets 5,732 4,908
Property and equipment, net 0 13
Goodwill 25,915 25,900
Intangible assets, net 54 111
Deferred tax asset 537 537
Restricted cash 91 91
Right-of-use asset 1,606 0
Other assets 276 276
Total assets 34,211 31,836
Current liabilities:    
Accounts payable 7,039 8,462
Accrued expenses 1,972 5,353
Accrued legal settlement 1,500 3,000
Lease liability 516 0
Deferred revenue 2,010 2,397
PhunCoin deposits 1,202 1,202
Current maturities of long-term debt, net 83 4,435
Warrant liability 1,836 1,614
Total current liabilities 16,158 26,463
Long-term debt 3,720 3,762
Long-term debt - related party 195 195
Deferred tax liability 537 537
Deferred revenue 1,779 2,678
Lease liability 1,343 0
Deferred rent 0 180
Total liabilities 23,732 33,815
Commitments and contingencies
Stockholders’ equity (deficit)    
Common stock, $0.0001 par value; 1,000,000,000 shares authorized at June 30, 2021 and December 31, 2020; 72,742,689 and 56,380,111 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively 7 6
Additional paid-in capital 177,254 144,156
Accumulated other comprehensive loss (323) (338)
Accumulated deficit (166,459) (145,803)
Total stockholders’ equity (deficit) 10,479 (1,979)
Total liabilities and stockholders’ equity (deficit) $ 34,211 $ 31,836

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