Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 10,439 $ 7,399
Restricted cash 341 141
Accounts receivable 3,919 3,352
Other receivable - current 4,000 0
Mortgage loans held for sale, at fair value 10,371 8,602
Prepaid and other current assets 4,854 3,700
Total current assets 33,924 23,194
Property and equipment, net 2,015 2,340
Lease right of use assets 4,470 4,150
Intangible assets, net 17,419 23,909
Goodwill 19,344 25,607
Other receivable - long-term 3,000 0
Other assets 48 58
Total assets 80,220 79,258
Current liabilities:    
Accounts payable 4,866 3,396
Accrued and other current liabilities 2,639 2,681
Warehouse lines of credit 10,085 8,355
Lease liability - current portion 1,199 1,504
Long-term debt - current portion 3,497 416
Total current liabilities 22,286 16,352
Lease liability, net of current portion 4,363 3,824
Long-term debt, net of current portion 91 3,467
Other long-term liabilities 344 381
Total liabilities 27,084 24,024
Commitments and contingencies (Note 17)
Stockholders’ equity:    
Common stock (no par value, shares authorized, 100,000,000; shares issued and outstanding, 21,007,879 and 20,671,515 as of June 30, 2024 and December 31, 2023, respectively) 0 0
Additional paid-in capital 131,943 126,820
Accumulated deficit (78,807) (71,586)
Total stockholders' equity 53,136 55,234
Total liabilities and stockholders’ equity $ 80,220 $ 79,258