Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.24.3
Summary of Significant Accounting Policies (Tables)
 9 Months Ended
Sep. 30, 2024
Accounting Policies [Abstract]  
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:

 

 

 

Accounts receivable

 

 

Notes receivable

 

 

Total

 

Balance at January 1, 2024

 

$

1,135

 

 

$

2,184

 

 

$

3,319

 

Bad debt expense recognized during the period

 

 

2,047

 

 

 

223

 

 

 

2,270

 

Write-off of uncollectible amounts

 

 

(1,722

)

 

 

(2,193

)

 

 

(3,915

)

Balance at September 30, 2024

 

$

1,460

 

 

$

214

 

 

$

1,674

 

 

 

 

Accounts receivable

 

 

Notes receivable

 

 

Total

 

Balance at January 1, 2023

 

$

865

 

 

$

719

 

 

$

1,584

 

Bad debt expense recognized during the period

 

 

531

 

 

 

319

 

 

 

850

 

Write-off of uncollectible amounts

 

 

(499

)

 

 

(71

)

 

 

(570

)

Balance at September 30, 2023

 

$

897

 

 

$

967

 

 

$

1,864

 
Summary of Prepaid Expenses and Other Current Assets

 

 

September 30,

 

 

December 31,

 

 

 

2024

 

 

2023

 

Prepaid expenses and other current assets

 

 

 

 

 

 

Prepaid expenses

 

$

5,593

 

 

$

3,107

 

Tax receivables

 

 

2,584

 

 

 

2,276

 

Other current assets

 

 

164

 

 

 

473

 

Total prepaid expenses and other current assets

 

$

8,341

 

 

$

5,856

 
Summary of Accrued Expenses

 

 

 

 

 

 

 

Accrued expenses

 

 

 

 

 

 

Accrued compensation

 

$

2,317

 

 

$

4,798

 

Contingent consideration from acquisitions, current portion

 

 

1,786

 

 

 

1,564

 

Sales tax accruals

 

 

841

 

 

 

1,642

 

Legal accruals

 

 

6,727

 

 

 

1,343

 

Other accruals

 

 

9,796

 

 

 

4,741

 

Total accrued expenses

 

$

21,467

 

 

$

14,088

 
Summary of Other Current liabilities

 

 

 

 

 

 

 

Other current liabilities

 

 

 

 

 

 

Lease liabilities, short-term

 

$

7,054

 

 

$

9,109

 

Promissory note

 

 

3,292

 

 

 

3,345

 

Tax receivable agreement liability, current portion

 

 

1,185

 

 

 

2,892

 

Other current liabilities

 

 

5,892

 

 

 

4,320

 

Total other current liabilities

 

$

17,423

 

 

$

19,666