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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Assets    
Cash $ 35.3 $ 40.0
Accounts receivable, net 37.5 40.6
Inventory, net 31.7 32.3
Prepaid expenses and other current assets 39.6 39.6
Total current assets 144.1 152.5
Property and equipment, net 63.2 62.8
Software development costs, net 21.9 21.8
Other acquired intangible assets subject to amortization, net 12.9 13.4
Goodwill 58.3 58.8
Operating lease right of use asset 15.2 14.2
Costs of obtaining and fulfilling customer contracts, net 9.7 9.4
Other assets 5.8 8.0
Total assets 331.1 340.9
Current liabilities    
Accounts payable and accrued expenses 57.6 60.8
Corporate tax and other current taxes payable 3.2 6.3
Deferred revenue, current 4.9 5.6
Operating lease liabilities 5.1 4.7
Current portion of long-term debt 18.9 19.1
Other current liabilities 4.4 4.2
Total current liabilities 94.1 100.7
Long-term debt 293.3 295.6
Finance lease liabilities, net of current portion 2.5 1.6
Deferred revenue, net of current portion 8.0 7.1
Operating lease liabilities 10.5 9.8
Other long-term liabilities 3.9 4.1
Total liabilities 412.3 418.9
Commitments and contingencies
Stockholders’ deficit    
Preferred stock; $0.0001 par value; 1,000,000 shares authorized, no shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively.
Common stock; $0.0001 par value; 49,000,000 shares authorized; 26,559,756 shares and 26,219,021 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively
Additional paid in capital 387.3 386.1
Accumulated other comprehensive income 45.8 44.5
Accumulated deficit (514.3) (508.6)
Total stockholders’ deficit (81.2) (78.0)
Total liabilities and stockholders’ deficit $ 331.1 $ 340.9