v3.24.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 7,399 $ 8,320
Restricted cash 141 60
Accounts receivable 3,352 3,074
Mortgage loans held for sale, at fair value 8,602 3,694
Prepaid and other current assets 3,700 3,668
Total current assets 23,194 18,816
Noncurrent assets:    
Property and equipment, net 2,340 2,945
Lease right of use assets 4,150 5,508
Intangible assets, net 23,909 27,259
Goodwill 25,607 25,607
Other assets 58 52
Total assets 79,258 80,187
Current liabilities:    
Accounts payable 3,396 3,343
Accrued and other current liabilities 2,681 3,403
Warehouse lines of credit 8,355 3,580
Lease liability - current portion 1,504 1,609
Long-term debt - current portion 416 564
Total current liabilities 16,352 12,499
Noncurrent liabilities:    
Lease liability, net of current portion 3,824 5,241
Long-term debt, net of current portion 3,467 129
Other long-term liabilities 381 297
Total liabilities 24,024 18,166
Commitments and contingencies (Note 18)
Stockholders’ equity:    
Common stock (no par value, shares authorized, 100,000,000; shares issued and outstanding, 20,671,515 and 17,468,562 as of December 31, 2023 and 2022, respectively) 0 0
Additional paid-in capital 126,820 109,626
Accumulated deficit (71,586) (47,605)
Total stockholders’ equity 55,234 62,021
Total liabilities and stockholders’ equity $ 79,258 $ 80,187

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