Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 14,543 $ 37,830
Restricted cash 139 91
Accounts receivable 4,232 3,981
Derivative assets 294 53
Mortgage loans held for sale, at fair value 8,815 9,862
Prepaid and other current assets 4,799 2,633
Total current assets 32,822 54,450
Property and equipment, net 3,114 1,250
Lease right of use assets 5,586 4,353
Intangible assets, net 27,947 24,243
Goodwill 25,472 20,541
Other assets 52 93
Total assets 94,993 104,930
Current liabilities:    
Accounts payable 4,920 5,303
Accrued and other current liabilities 5,182 4,491
Warehouse lines of credit 8,516 9,577
Long-term debt - current portion 514 831
Lease liability - current portion 1,549 870
Total current liabilities 20,681 21,072
Lease liability, net of current portion 5,416 3,562
Long-term debt, net of current portion 270 146
Total liabilities 26,367 24,780
Commitments and contingencies (Note 18)
Stockholders' equity:    
Common stock (no par value, shares authorized, 100,000,000; shares issued and outstanding, 17,074,582 and 16,751,606 as of September 30, 2022 and December 31, 2021, respectively) 0 0
Additional paid-in capital 106,283 100,129
Accumulated deficit (37,657) (19,979)
Total stockholders' equity 68,626 80,150
Total liabilities and stockholders' equity $ 94,993 $ 104,930