Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.24.1.u1
Summary of Significant Accounting Policies (Tables)
 3 Months Ended
Mar. 31, 2024
Accounting Policies [Abstract]  
Reconciliation of Activity Related to Accounts Receivable, Other Receivables and Notes Receivable Allowance for Credit Losses

The following table provides a reconciliation of the activity related to the Company’s accounts receivable and notes receivable allowance for credit losses:

 

 

 

Accounts receivable

 

 

Notes receivable

 

 

Total

 

Balance at January 1, 2024

 

$

1,135

 

 

$

2,184

 

 

$

3,319

 

Bad debt expense (recovery) recognized during the period

 

 

(14

)

 

 

6

 

 

 

(8

)

Write-off of uncollectible amounts

 

 

(31

)

 

 

—

 

 

 

(31

)

Balance at March 31, 2024

 

$

1,090

 

 

$

2,190

 

 

$

3,280

 
Summary of Accrued Expenses Accrued expenses consisted of the following:

 

 

 

March 31,

 

 

December 31,

 

 

 

2024

 

 

2023

 

Accrued compensation

 

$

3,763

 

 

$

4,798

 

Contingent consideration from acquisitions, current portion

 

 

1,850

 

 

 

1,564

 

Sales tax accruals

 

 

986

 

 

 

1,642

 

Legal accruals

 

 

1,731

 

 

 

1,343

 

Other accruals

 

 

4,404

 

 

 

4,741

 

Total accrued expenses

 

$

12,734

 

 

$

14,088

 
Summary of Other Current liabilities Other current liabilities consisted of the following:

 

 

 

March 31,

 

 

December 31,

 

 

 

2024

 

 

2023

 

Lease liabilities, short-term

 

$

6,461

 

 

$

9,109

 

Promissory note, current portion

 

 

3,406

 

 

 

3,345

 

Tax receivable agreement liability, current portion

 

 

2,892

 

 

 

2,892

 

Other current liabilities

 

 

6,650

 

 

 

4,320

 

Total other current liabilities

 

$

19,409

 

 

$

19,666