Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

v3.22.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 19,512 $ 37,830
Restricted cash 110 91
Accounts receivable 5,020 3,981
Derivative assets 86 53
Mortgage loans held for sale, at fair value 6,313 9,862
Prepaid and other current assets 2,791 2,633
Total current assets 33,832 54,450
Property and equipment, net 3,053 1,250
Lease right of use assets 5,640 4,353
Intangible assets, net 28,429 24,243
Goodwill 25,436 20,541
Other assets 50 93
Total assets 96,440 104,930
Current liabilities:    
Accounts payable 6,089 5,303
Accrued and other current liabilities 3,948 4,491
Warehouse lines of credit 6,129 9,577
Long-term debt - current portion 231 831
Lease liability - current portion 1,375 870
Total current liabilities 17,772 21,072
Lease liability, net of current portion 5,642 3,562
Long-term debt, net of current portion 280 146
Total liabilities 23,694 24,780
Commitments and contingencies (Note 18)
Stockholders' equity:    
Common stock (no par value, shares authorized, 100,000,000; shares issued and outstanding, 17,052,263 and 16,751,606 as of June 30, 2022 and December 31, 2021, respectively) 0 0
Additional paid-in capital 104,391 100,129
Accumulated deficit (31,645) (19,979)
Total stockholders' equity 72,746 80,150
Total liabilities and stockholders' equity $ 96,440 $ 104,930