| Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 |
|---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current assets | |||||||||
Cash and cash equivalents | |||||||||
20,284 | 22,615 | 17,917 | 18,365 | 440 | 882 | 1,031 | 10,570 | 1,638 | 2,534 |
Receivables: | |||||||||
Trade, net of allowance for doubtful accounts of $3.8 million and $0.6 million, respectively | |||||||||
98,577 | 100,345 | 112,163 | 102,709 | - | - | - | 83,976 | - | - |
Other | |||||||||
1,231 | 1,227 | 1,138 | 1,112 | - | - | - | 2,167 | - | - |
Inventory | |||||||||
7,730 | 7,329 | 7,348 | 7,257 | - | - | - | 6,827 | - | - |
Prepaid expenses and other current assets | |||||||||
5,151 | 5,438 | 5,043 | 4,692 | - | - | - | 4,035 | - | - |
Prepaid expenses | |||||||||
- | - | - | - | 31 | 62 | 59 | - | 68 | 90 |
Total current assets | |||||||||
132,973 | 136,954 | 143,609 | 134,135 | 471 | 944 | 1,090 | 107,575 | 1,706 | 2,624 |
Property and equipment, net | |||||||||
158,976 | 156,534 | 133,288 | 122,565 | - | - | - | 106,169 | - | - |
Goodwill | |||||||||
53,003 | 52,864 | 51,417 | 51,417 | - | - | - | 37,005 | - | - |
Intangible assets, net of accumulated amortization of $40.6 million and $34.5 million, respectively | |||||||||
72,910 | 70,833 | 62,750 | 64,614 | - | - | - | 50,080 | - | - |
Other assets | |||||||||
3,940 | 4,081 | 3,034 | 3,396 | - | - | - | 1,276 | - | - |
Cash and investments held in Trust Account | |||||||||
- | - | - | - | 262,475 | 261,658 | 261,534 | - | 259,880 | 227,256 |
Total assets | |||||||||
421,802 | 421,266 | 394,098 | 376,127 | 262,946 | 262,602 | 262,624 | 302,105 | 261,586 | 229,880 |
LIABILITIES AND STOCKHOLDERS' EQUITY | |||||||||
Current liabilities | |||||||||
Accounts payable | |||||||||
37,071 | 34,373 | 36,673 | 36,171 | 43 | 21 | 9 | 32,420 | 14 | 320 |
Accrued business combination costs | |||||||||
- | - | - | - | 3,328 | 2,332 | - | - | - | - |
Other accrued liabilities | |||||||||
- | - | - | - | 191 | 181 | - | - | - | - |
Accrued expenses | |||||||||
7,346 | 11,293 | 13,679 | 10,644 | - | - | 149 | 9,704 | 119 | 174 |
Accrued wages and benefits | |||||||||
4,816 | 5,659 | 4,215 | 4,858 | - | - | - | 3,777 | - | - |
Contingent consideration | |||||||||
7,514 | 6,509 | 3,317 | 2,470 | - | - | - | - | - | - |
Deferred revenue | |||||||||
2,327 | 3,704 | 7,171 | 1,199 | - | - | - | 2,012 | - | - |
Other current liabilities | |||||||||
4,247 | 3,325 | 1,650 | - | - | - | - | 1,152 | - | - |
Current portion of term loans | |||||||||
3,431 | 3,431 | 3,431 | 3,431 | - | - | - | 5,510 | - | - |
Current portion of equipment loan | |||||||||
1,237 | 728 | 419 | 737 | - | - | - | 500 | - | - |
Current portion of asset retirement obligation | |||||||||
658 | - | - | - | - | - | - | - | - | - |
Borrowings outstanding under revolving credit agreements | |||||||||
57,000 | 43,000 | 20,000 | 10,000 | - | - | - | - | - | - |
Borrowings outstanding under revolving credit agreements | |||||||||
- | - | - | - | - | - | - | 8,211 | - | - |
Accrued dividend on Series A convertible preferred stock | |||||||||
1,838 | 1,838 | 1,838 | 1,511 | - | - | - | - | - | - |
Accrued income and franchise taxes | |||||||||
- | - | - | - | 48 | 135 | 686 | - | 257 | - |
Deferred fees due to officers | |||||||||
- | - | - | - | - | - | - | - | 525 | - |
Total current liabilities | |||||||||
127,485 | 113,860 | 92,393 | 71,021 | 3,610 | 2,669 | 844 | 63,286 | 915 | 494 |
Contingent consideration, net of current portion | |||||||||
3,448 | 4,886 | 5,050 | 3,846 | - | - | - | 4,132 | - | - |
Term loans, net of current portion and deferred financing costs | |||||||||
328,681 | 329,145 | 329,631 | 330,104 | - | - | - | 188,473 | - | - |
Equipment loan, net of current portion | |||||||||
1,197 | 979 | 69 | 78 | - | - | - | 556 | - | - |
Deferred taxes | |||||||||
- | - | - | - | - | - | - | 241 | - | - |
Asset retirement obligation | |||||||||
716 | 1,346 | 1,406 | 1,379 | - | - | - | 650 | - | - |
Other long-term liabilities | |||||||||
13,617 | 13,445 | 6,945 | 1,243 | - | - | - | 1,668 | - | - |
Deferred underwriting compensation | |||||||||
- | - | - | - | 9,616 | 9,616 | 9,616 | - | 9,616 | 7,875 |
Total liabilities | |||||||||
475,144 | 463,661 | 435,494 | 407,671 | 13,226 | 12,285 | 10,460 | 259,006 | 10,531 | 8,369 |
Common stock subject to possible redemption; 24,229,748 and 24,427,763 shares at September 30, 2018 and December 31, 2017, respectively, (at value of approximately $10.10 per share) | |||||||||
- | - | - | - | 244,720 | 245,317 | 247,164 | - | 246,055 | 216,511 |
Commitments and contingencies | |||||||||
- | - | - | - | 0 | 0 | 0 | - | 0 | 0 |
Shareholders' Equity (Deficit) | |||||||||
Series A Convertible Preferred Stock, par value $0.0001; 5,000,000 shares authorized; 1,050,000 issued with a liquidation preference of $105,000 as of September 30, 2019 and December 31, 2018. | |||||||||
102,967 | 102,967 | 102,967 | 102,967 | 0 | 0 | 0 | - | 0 | 0 |
Common stock, par value $0.0001; 200,000,000 shares authorized; 38,050,385 and 36,902,544 shares issued and outstanding as of September 30, 2019 and December 31, 2018, respectively. | |||||||||
4 | 4 | 4 | 4 | 1 | 1 | 1 | 2 | 1 | 1 |
Additional paid in capital | |||||||||
20,097 | 20,677 | 11,246 | 13,084 | 6,718 | 6,121 | 4,274 | 142,205 | 5,383 | 5,059 |
Accumulated deficit | |||||||||
-169,822 | -159,637 | -149,522 | -141,062 | -1,719 | -1,122 | 725 | -93,805 | -384 | -60 |
Accumulated other comprehensive loss | |||||||||
-6,588 | -6,406 | -6,091 | -6,537 | - | - | - | -5,303 | - | - |
Total shareholders' equity (deficit) | |||||||||
-53,342 | -42,395 | -41,396 | -31,544 | 5,000 | 5,000 | 5,000 | 43,099 | 5,000 | 5,000 |
Total liabilities and shareholders' equity | |||||||||
421,802 | 421,266 | 394,098 | 376,127 | 262,946 | 262,602 | 262,624 | 302,105 | 261,586 | 229,880 |