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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
OPERATING ACTIVITIES:      
Net loss $ (7,536) $ (12,931)  
Adjustments to reconcile net loss to net cash used in operating activities:      
Provision for bad debt (528) 508 $ 1,135
Depreciation and amortization 12,144 11,796  
Amortization of right-of-use asset 2,271 1,875  
Stock-based compensation expense 10,425 1,805  
Fair value changes in financial instruments (2,449) 602  
Fair value changes in business acquisitions contingent consideration (21) 11,064  
Deferred income taxes 1,269 2  
Other 143 358  
Changes in operating assets and liabilities—net of acquisitions:      
Accounts receivable and contract assets 10,037 (29,029)  
Prepaid expenses and other current assets (1,776) 787  
Accounts payable and other accrued liabilities (12,852) 3,186  
Accrued payroll and benefits (7,876) (2,058)  
Payment of contingent consideration (19,457)    
Change in operating leases (2,122) (1,878)  
Net cash used in operating activities (18,328) (13,913)  
INVESTING ACTIVITIES:      
Purchases of property and equipment (262) (922)  
Proceeds received from corporate owned insurance 266    
Proprietary software development and other software costs (50) (204)  
Purchase price true ups (631)    
Cash paid for acquisitions—net of cash acquired (14,328) (6,272)  
Net cash used in investing activities (15,005) (7,398)  
FINANCING ACTIVITIES:      
Repayment of term loan (4,375) (547)  
Payment of contingent consideration (10,543)    
Repayment of finance leases (943) (625)  
Proceeds from issuance of common stock for exercised stock options 429 2,185  
Dividend payment to the Series A-2 shareholders (4,100) (4,100)  
Payments of deferred offering costs (183)    
Net cash used in financing activities (19,715) (3,087)  
CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (53,048) (24,398)  
Foreign exchange impact on cash balance 98 158  
Beginning of year 146,741 34,881 34,881
End of period 93,791 10,641 $ 146,741
SUPPLEMENTAL DISCLOSURES OF CASH FLOWS INFORMATION:      
Cash paid for interest 184 2,500  
Cash paid for income tax   305  
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING ACTIVITIES:      
Accrued purchases of property and equipment 1,144 594  
Property and equipment purchased under finance leases 512 670  
Common stock issued to acquire new businesses   2,271  
Acquisitions unpaid contingent consideration $ 6,995 $ 67,335