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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Assets    
Cash $ 35.7 $ 40.0
Restricted cash 0.8
Accounts receivable, net 47.2 40.6
Inventory 31.6 32.3
Prepaid expenses and other current assets 50.1 39.6
Total current assets 165.4 152.5
Property and equipment, net 64.4 62.8
Software development costs, net 24.2 21.8
Other acquired intangible assets subject to amortization, net 17.2 13.4
Goodwill 61.9 58.8
Operating lease right of use asset 18.2 14.2
Costs of obtaining and fulfilling customer contracts, net 11.7 9.4
Other assets 25.6 8.0
Total assets 388.6 340.9
Current liabilities    
Accounts payable and accrued expenses 60.4 60.8
Corporate tax and other current taxes payable 7.0 6.3
Deferred revenue, current 5.6 5.6
Operating lease liabilities 5.3 4.7
Current portion of long-term debt 20.1 19.1
Current portion of finance lease liabilities 7.8 0.7
Other current liabilities 3.1 3.5
Total current liabilities 109.3 100.7
Long-term debt 312.4 295.6
Finance lease liabilities, net of current portion 16.6 1.6
Deferred revenue, net of current portion 12.0 7.1
Operating lease liabilities 13.4 9.8
Other long-term liabilities 3.2 4.1
Total liabilities 466.9 418.9
Stockholders’ deficit    
Preferred stock; $0.0001 par value; 1,000,000 shares authorized, no shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively.
Common stock; $0.0001 par value; 49,000,000 shares authorized; 26,574,804 shares and 26,219,021 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively
Additional paid in capital 390.7 386.1
Accumulated other comprehensive income 39.9 44.5
Accumulated deficit (508.9) (508.6)
Total stockholders’ deficit (78.3) (78.0)
Total liabilities and stockholders’ deficit $ 388.6 $ 340.9