Summary of Significant Accounting Policies (Tables)
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6 Months Ended |
Jun. 30, 2024 |
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| Accounting Policies [Abstract] |
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| Reconciliation of Activity Related to Accounts Receivable, Other Receivables and Notes Receivable Allowance for Credit Losses |
The following tables provide a reconciliation of the activity related to the Company’s accounts receivable and notes receivable allowance for credit losses:
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Accounts receivable |
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Notes receivable |
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Total |
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Balance at January 1, 2024 |
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$ |
1,135 |
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|
$ |
2,184 |
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|
$ |
3,319 |
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Bad debt expense recognized during the period |
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|
1,265 |
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|
202 |
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1,467 |
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Write-off of uncollectible amounts |
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(947 |
) |
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— |
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(947 |
) |
Balance at June 30, 2024 |
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$ |
1,453 |
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$ |
2,386 |
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$ |
3,839 |
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Accounts receivable |
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Notes receivable |
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Total |
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Balance at January 1, 2023 |
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$ |
865 |
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|
$ |
719 |
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$ |
1,584 |
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Bad debt expense recognized during the period |
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|
716 |
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|
181 |
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|
897 |
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Write-off of uncollectible amounts |
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|
(459 |
) |
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— |
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(459 |
) |
Balance at June 30, 2023 |
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$ |
1,122 |
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|
$ |
900 |
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|
$ |
2,022 |
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| Summary of Prepaid Expenses and Other Current Assets |
Prepaid expenses and other current assets consisted of the following:
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June 30, |
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December 31, |
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2024 |
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2023 |
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Prepaid expenses |
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$ |
3,282 |
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$ |
3,107 |
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Tax receivables |
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|
2,647 |
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|
2,276 |
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Other current assets |
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|
2,313 |
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|
473 |
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Total prepaid expenses and other current assets |
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$ |
8,242 |
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$ |
5,856 |
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| Summary of Accrued Expenses |
Accrued expenses consisted of the following:
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June 30, |
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December 31, |
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2024 |
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2023 |
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Accrued compensation |
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$ |
4,230 |
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$ |
4,798 |
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Contingent consideration from acquisitions, current portion |
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|
1,957 |
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|
1,564 |
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Sales tax accruals |
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1,139 |
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|
1,642 |
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Legal accruals |
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2,295 |
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|
1,343 |
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Other accruals |
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4,790 |
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|
4,741 |
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Total accrued expenses |
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$ |
14,411 |
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$ |
14,088 |
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| Summary of Other Current liabilities |
Other current liabilities consisted of the following:
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June 30, |
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December 31, |
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2024 |
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2023 |
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Lease liabilities, short-term |
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$ |
6,887 |
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$ |
9,109 |
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Promissory note, current portion |
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3,467 |
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|
3,345 |
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Tax receivable agreement liability, current portion |
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3,686 |
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|
2,892 |
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Other current liabilities |
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|
6,195 |
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|
4,320 |
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Total other current liabilities |
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$ |
20,235 |
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$ |
19,666 |
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