Repay holdings corporation (TBRG)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Dec'17
Assets
Cash and cash equivalents

32,712

24,617

45,493

4

159

13,285

767

1,171

25

Accounts receivable

15,202

14,068

12,636

-

-

5,979

-

-

-

Related party receivable

-

563

-

-

-

-

-

-

-

Prepaid expenses and other

4,824

4,632

4,075

-

-

817

-

-

-

Prepaid expenses

-

-

-

53

89

-

105

131

-

Total current assets

52,739

43,882

62,205

57

248

20,081

873

1,302

25

Property, plant and equipment, net

1,876

1,610

1,485

-

-

1,247

-

-

-

Restricted cash

11,678

13,283

11,555

-

-

9,976

-

-

-

Customer relationships, net of amortization

265,284

247,589

231,461

-

-

62,528

-

-

-

Software, net of amortization

61,664

61,219

65,523

-

-

5,170

-

-

-

Other intangible assets, net of amortization

24,533

24,241

26,659

-

-

523

-

-

-

Goodwill

411,702

389,660

369,927

-

-

119,529

-

-

-

Deferred tax assets

347

-

-

-

-

-

-

-

-

Other assets

-

555

-

-

-

-

-

-

-

Total noncurrent assets

777,088

738,159

706,612

-

-

198,975

-

-

-

Cash and marketable securities held in Trust Account

-

-

-

266,436

264,776

-

261,860

-

-

Cash held in Trust Account

-

-

-

-

-

-

-

260,616

-

Deferred offering costs

-

-

-

-

-

-

0

0

150

Total assets

829,827

782,042

768,818

266,494

265,024

219,057

262,733

261,918

176

Liabilities
Accounts payable

10,887

9,586

8,742

1,679

1,017

2,909

15

273

-

Related party payable

31,791

14,571

-

-

-

0

-

-

-

Accrued expenses

12,228

15,965

18,638

-

-

12,837

-

-

-

Current maturities of long-term debt

5,502

5,500

5,250

-

-

4,900

-

-

-

Current tax receivable agreement

6,336

6,336

2,231

-

-

-

-

-

-

Promissory note payable

-

-

-

561

316

-

0

0

156

Total current liabilities

66,746

51,959

34,862

2,241

1,334

20,647

15

273

156

Long-term debt, net of current maturities

240,955

197,942

198,908

-

-

85,815

-

-

-

Line of credit

-

10,000

-

-

-

3,500

-

-

-

Tax receivable agreement

61,381

60,839

64,106

-

-

-

-

-

-

Deferred tax liability

-

768

2,858

-

-

-

-

-

-

Other liabilities

9,311

16

16

-

-

16

-

-

-

Total noncurrent liabilities

311,648

269,567

265,889

-

-

89,332

-

-

-

Deferred underwriting fee payable

-

-

-

9,690

9,690

-

9,690

9,690

-

Total liabilities

378,395

321,527

300,751

11,931

11,024

109,979

9,705

9,963

156

Stockholders' equity
Members' Equity

-

-

-

-

-

109,078

-

-

-

Ordinary shares subject to possible redemption, 24,159,018 and 24,361,111 shares, at June 30, 2019 and December 31, 2018, respectively, at redemption value

-

-

-

249,562

249,000

-

248,028

246,955

-

Preferred shares, $0.0001 par value; 1,000,000 shares authorized; none outstanding

-

-

-

-

-

-

0

0

-

Additional paid-in capital

314,971

307,914

-

-

-

-

-

-

-

Accumulated other comprehensive (loss) income

-5,329

313

-

-

-

-

-

-

-

Additional paid-in capital

-

-

300,342

2,401

2,963

-

3,936

5,009

24

Accumulated deficit

-57,310

-53,878

-46,137

2,597

2,035

-

1,063

-9

-5

Total stockholders' equity

252,334

254,353

254,208

5,000

5,000

-

5,000

5,000

19

Equity attributable to non-controlling interests

199,097

206,162

213,858

-

-

-

-

-

-

Total liabilities and stockholders' equity and members' equity

829,827

782,042

768,818

266,494

265,024

219,057

262,733

261,918

176

Class A Common Stock
Common stock value

3

3

3

0

0

-

-

-

-

Total stockholders' equity

3

3

3

0

0

-

-

-

-

Class B Ordinary Shares [Member]
Ordinary shares value

-

-

-

0

0

-

-

-

0

Total Shareholders' Equity

-

-

-

0

0

-

-

-

0

Class V Common Stock
Total stockholders' equity

-

-

0

-

-

-

-

-

-