Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY

v3.22.2.2
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
shares in Thousands
Total
ATM Program
June 2022 Offering
Additional Paid-In Capital
Additional Paid-In Capital
ATM Program
 [2]
Additional Paid-In Capital
June 2022 Offering
 [2]
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
Non- Controlling Interest
Class A Common Stock
Common Stock
Class A Common Stock
Common Stock
ATM Program
Class A Common Stock
Common Stock
June 2022 Offering
Class B Common Stock
Common Stock
Class C Common Stock
Common Stock
Balance, beginning of period (in shares) at Dec. 31, 2020                   666 [1]     175 [1] 76,039
Balance, beginning of period at Dec. 31, 2020 $ 69,257,000     $ 39,869,000 [1]     $ (24,848,000) $ 29,000 $ 54,192,000 $ 7,000 [1]     $ 0 [1] $ 8,000
Increase (Decrease) in Stockholders' Equity                            
Net loss (7,714,000)           (4,256,000)   (3,458,000)          
Equity-based compensation (in shares) [1]                   11        
Equity-based compensation 506,000     182,000 [1]         324,000          
Issuance of Class A shares, net of costs - ATM Program (in shares) [1]                   21        
Issuance of Class A shares, net of costs - ATM Program 2,005,000     2,005,000 [1]                    
Exchanges of noncontrolling interest for Class A common stock (in shares)                   118 [1]     (52) [1] (3,975)
Exchanges of noncontrolling interest for Class A common stock 0     5,797,000 [1]         (5,797,000) $ 1,000 [1]       $ (1,000)
Cancellation of Class B common stock due to forfeitures 0     8,000 [1]         (8,000)          
Other comprehensive income (loss) 49,000             18,000 31,000          
Balance, end of period (in shares) at Mar. 31, 2021                   816 [1]     123 [1] 72,064
Balance, end of period at Mar. 31, 2021 64,103,000     47,861,000 [1]     (29,104,000) 47,000 45,284,000 $ 8,000 [1]     $ 0 [1] $ 7,000
Balance, beginning of period (in shares) at Dec. 31, 2020                   666 [1]     175 [1] 76,039
Balance, beginning of period at Dec. 31, 2020 69,257,000     39,869,000 [1]     (24,848,000) 29,000 54,192,000 $ 7,000 [1]     $ 0 [1] $ 8,000
Increase (Decrease) in Stockholders' Equity                            
Net loss (42,269,000)                          
Reclassification adjustment for gain included in net loss (Note 4) 0                          
Other comprehensive income (loss) 197,000                          
Balance, end of period (in shares) at Sep. 30, 2021                   3,991 [1]     1,094 [1] 0
Balance, end of period at Sep. 30, 2021 200,192,000     222,868,000 [1]     (48,628,000) 92,000 25,821,000 $ 39,000 [1]     $ 0 [1] $ 0
Balance, beginning of period (in shares) at Mar. 31, 2021                   816 [1]     123 [1] 72,064
Balance, beginning of period at Mar. 31, 2021 64,103,000     47,861,000 [1]     (29,104,000) 47,000 45,284,000 $ 8,000 [1]     $ 0 [1] $ 7,000
Increase (Decrease) in Stockholders' Equity                            
Net loss (5,840,000)           (3,043,000)   (2,797,000)          
Equity-based compensation (in shares) [1]                   (1)        
Equity-based compensation 407,000     161,000 [1]         246,000          
Exchanges of noncontrolling interest for Class A common stock (in shares)                   30 [1]       (1,763)
Exchanges of noncontrolling interest for Class A common stock 0     983,000 [1]         (983,000)          
Exercise of Class A common stock options and warrants (in shares) [1]                   2        
Exercise of Class A common stock options and warrants 112,000     112,000 [1]                    
Member distributions (200,000)           (200,000)              
Other comprehensive income (loss) 243,000             96,000 147,000          
Balance, end of period (in shares) at Jun. 30, 2021                   847 [1]     123 [1] 70,301
Balance, end of period at Jun. 30, 2021 58,825,000     49,117,000 [1]     (32,347,000) 143,000 41,897,000 $ 8,000 [1]     $ 0 [1] $ 7,000
Increase (Decrease) in Stockholders' Equity                            
Net loss (28,715,000)           (16,281,000)   (12,434,000)          
Equity-based compensation 3,808,000     2,036,000 [1]         1,772,000          
Issuance of Class A shares, net of costs - ATM Program (in shares) [1]                   2,644        
Issuance of Class A shares, net of costs - ATM Program 166,213,000     166,187,000 [1]           $ 26,000 [1]        
Reclassification adjustment for gain included in net loss (Note 4) 0                          
Exchanges of noncontrolling interest for Class A common stock (in shares) [1]                   201     (201)  
Exchanges of noncontrolling interest for Class A common stock 0     5,368,000 [1]         (5,370,000) $ 2,000 [1]        
Exercise of Class A common stock options and warrants (in shares) [1]                   299        
Exercise of Class A common stock options and warrants 156,000     153,000 [1]           $ 3,000 [1]        
Conversion of Class C common stock (in shares)                         1,172 [1] (70,301)
Conversion of Class C common stock 0     7,000 [1]                   $ (7,000)
Other comprehensive income (loss) (95,000)             (51,000) (44,000)          
Balance, end of period (in shares) at Sep. 30, 2021                   3,991 [1]     1,094 [1] 0
Balance, end of period at Sep. 30, 2021 200,192,000     222,868,000 [1]     (48,628,000) 92,000 25,821,000 $ 39,000 [1]     $ 0 [1] $ 0
Balance, beginning of period (in shares) at Dec. 31, 2021                   4,260 [2]     1,087 [2] 0
Balance, beginning of period at Dec. 31, 2021 196,364,000     229,705,000 [2]     (55,544,000) 324,000 21,836,000 $ 43,000 [2]     $ 0 [2] $ 0
Increase (Decrease) in Stockholders' Equity                            
Net loss (18,749,000)           (15,332,000)   (3,417,000)          
Equity-based compensation (in shares) [2]                   94        
Equity-based compensation 902,000     729,000 [2]         172,000 $ 1,000 [2]        
Issuance of Class A shares, net of costs - ATM Program (in shares) [2]                     557      
Issuance of Class A shares, net of costs - ATM Program   $ 6,801,000     $ 6,795,000           $ 6,000 [2]      
Issuance of Class A shares - contingent consideration (in shares) [2]                   191        
Issuance of Class A shares - contingent consideration 3,486,000     3,484,000 [2]           $ 2,000 [2]        
Exchanges of noncontrolling interest for Class A common stock (in shares) [2]                   28     (28)  
Exchanges of noncontrolling interest for Class A common stock 0     543,000 [2]         (543,000)          
Other comprehensive income (loss) 446,000             361,000 85,000          
Balance, end of period (in shares) at Mar. 31, 2022                   5,130 [2]     1,059 [2] 0
Balance, end of period at Mar. 31, 2022 189,250,000     241,256,000 [2]     (70,876,000) 685,000 18,133,000 $ 52,000 [2]     $ 0 [2] $ 0
Balance, beginning of period (in shares) at Dec. 31, 2021                   4,260 [2]     1,087 [2] 0
Balance, beginning of period at Dec. 31, 2021 196,364,000     229,705,000 [2]     (55,544,000) 324,000 21,836,000 $ 43,000 [2]     $ 0 [2] $ 0
Increase (Decrease) in Stockholders' Equity                            
Net loss (112,445,000)                          
Reclassification adjustment for gain included in net loss (Note 4) (332,000)                          
Other comprehensive income (loss) 146,000                          
Balance, end of period (in shares) at Sep. 30, 2022                   7,470 [2]     148 [2] 0
Balance, end of period at Sep. 30, 2022 101,544,000     259,314,000 [2]     (158,109,000) 53,000 218,000 $ 68,000 [2]     $ 0 [2] $ 0
Balance, beginning of period (in shares) at Mar. 31, 2022                   5,130 [2]     1,059 [2] 0
Balance, beginning of period at Mar. 31, 2022 189,250,000     241,256,000 [2]     (70,876,000) 685,000 18,133,000 $ 52,000 [2]     $ 0 [2] $ 0
Increase (Decrease) in Stockholders' Equity                            
Net loss (14,481,000)           (12,124,000)   (2,357,000)          
Equity-based compensation (in shares) [2]                   (4)        
Equity-based compensation 446,000     371,000 [2]         75,000          
Issuance of Class A shares, net of costs - ATM Program (in shares) [2]                     296 585    
Issuance of Class A shares, net of costs - ATM Program   $ 2,224,000 $ 5,040,000   $ 2,221,000 $ 5,034,000         $ 3,000 [2] $ 6,000 [2]    
Issuance of Class A shares - contingent consideration (in shares) [2]                   72        
Issuance of Class A shares - contingent consideration 310,000     309,000 [2]           $ 1,000 [2]        
Reclassification adjustment for gain included in net loss (Note 4) (332,000)             (332,000)            
Other comprehensive income (loss) (62,000)             (62,000)            
Balance, end of period (in shares) at Jun. 30, 2022                   6,079 [2]     1,059 [2] 0
Balance, end of period at Jun. 30, 2022 182,395,000     249,191,000 [2]     (83,000,000) 291,000 15,851,000 $ 62,000 [2]     $ 0 [2] $ 0
Increase (Decrease) in Stockholders' Equity                            
Net loss (79,215,000)           (75,109,000)   (4,106,000)          
Equity-based compensation (in shares) [2]                   (15)        
Equity-based compensation 185,000     178,000 [2]         10,000 $ (3,000) [2]        
Issuance of Class A shares, net of costs - ATM Program (in shares) [2]                   495        
Issuance of Class A shares - contingent consideration 206,000     206,000 [2]                    
Exchanges of noncontrolling interest for Class A common stock (in shares) [2]                   911     (911)  
Exchanges of noncontrolling interest for Class A common stock 0     9,739,000 [2]         (9,748,000) $ 9,000 [2]        
VIBES disposition / deconsolidation (Note 3) (1,789,000)               (1,789,000)          
Other comprehensive income (loss) (238,000)             (238,000)            
Balance, end of period (in shares) at Sep. 30, 2022                   7,470 [2]     148 [2] 0
Balance, end of period at Sep. 30, 2022 $ 101,544,000     $ 259,314,000 [2]     $ (158,109,000) $ 53,000 $ 218,000 $ 68,000 [2]     $ 0 [2] $ 0
[1] After giving effect to the one-for-20 Reverse Stock Split effective August 9, 2022.
[2] After giving effect to the one-for-20 Reverse Stock Split effective August 9, 2022.