liability 96 46
Operating lease liability,
current portion 247 358
Contingent consideration - 1,571
Liquidating damages payable 3,153 2,924
Bridge notes 8,000 7,887
Debt 102,404 102,309
Current liabilities from
discontinued operations 98,378 47,673
--------------- --------------
Total current liabilities 247,430 236,021
Unearned revenue, net of
current portion 357 542
Operating lease liability,
net of current portion 1,911 -
Other long-term liabilities 46 406
Deferred tax liabilities 692 599
Simplify loan 1,100 -
Noncurrent liabilities from
discontinued operations - 10,137
--------------- --------------
Total liabilities 251,536 247,705
--------------- --------------
Mezzanine equity:
Series G redeemable and
convertible preferred
stock, $0.01 par value,
$1,000 per share
liquidation value and
1,800 shares designated;
aggregate liquidation
value: $168; Series G
shares issued and
outstanding: 168; common
shares issuable upon
conversion: 8,582 at
September 30, 2024 and
December 31, 2023 168 168
Series H convertible
preferred stock, $0.01 par
value, $1,000 per share
liquidation value and
23,000 shares designated;
aggregate liquidation
value: $14,356 and $14,356;
Series H shares issued and
outstanding: none and
14,356; common shares
issuable upon conversion:
none and 1,981,128 at
September 30, 2024 and
December 31, 2023,
respectively - -
--------------- --------------
Total mezzanine equity 168 168
--------------- --------------
Stockholders' deficiency:
Common stock, $0.01 par
value, authorized
1,000,000,000 shares;
issued and outstanding:
47,448,047 and 23,836,706
shares at September 30,
2024 and December 31,
2023, respectively 474 237
Additional paid-in capital 348,289 319,421
Accumulated deficit (486,242) (378,653)
--------------- --------------
Total stockholders'
deficiency (137,479) (58,995)
--------------- --------------
Total liabilities, mezzanine
equity and stockholders'
deficiency $ 114,225 $ 188,878
=============== ==============
View source version on businesswire.com: https://www.businesswire.com/news/home/20241114017258/en/
CONTACT: Steve Janisse
c-sjanisse@thearenagroup.net
404-574-9206
(END) Dow Jones Newswires
November 14, 2024 16:15 ET (21:15 GMT)
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