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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 18,454 $ 20,300
Restricted cash 10,582 28,859
Accounts receivable, net of allowances of $1,143 and $555, respectively 78,113 58,423
Prepaid expenses and other current assets 11,832 15,807
Current portion of notes receivable, net of allowances of $0 and $0, respectively 1,471 272
Settlement assets and customer/subscriber account balances 532,018 479,471
Total current assets 652,470 603,132
Notes receivable, less current portion 3,191 105
Property, equipment and software, net 34,687 25,233
Goodwill 369,337 365,740
Intangible assets, net 288,794 340,211
Deferred income taxes, net 16,447 8,265
Other noncurrent assets 8,437 9,256
Total assets 1,373,363 1,351,942
Current liabilities:    
Accounts payable and accrued expenses 51,864 42,523
Accrued residual commissions 35,979 29,532
Customer deposits and advance payments 2,618 5,021
Current portion of long-term debt 6,200 6,200
Settlement and customer/subscriber account obligations 533,340 500,291
Total current liabilities 630,001 583,567
Long-term debt, net of current portion, discounts and debt issuance costs 598,926 604,105
Other noncurrent liabilities 11,643 18,349
Total liabilities 1,240,570 1,206,021
Commitments and contingencies (Note 18)
Redeemable senior preferred stock, $0.001 par value per share; 250,000 shares authorized; 225,000 issued and outstanding at December 31, 2022 and December 31, 2021 235,579 210,158
Stockholders' deficit:    
Preferred stock, $0.001 par value per share; 100,000,000 shares authorized; none issued or outstanding at December 31, 2022 and December 31, 2021 0 0
Common Stock, $0.001 par value per share; 1,000,000,000 shares authorized; 78,385,685 and 77,460,312 shares issued at December 31, 2022 and December 31, 2021, respectively; and 76,044,629 and 76,739,896 shares outstanding at December 31, 2022 and December 31, 2021, respectively. 76 77
Treasury stock at cost, 2,341,056 and 720,416 shares at December 31, 2022 and December 31, 2021, respectively (11,559) (4,091)
Additional paid-in capital 9,650 39,835
Accumulated deficit (102,208) (100,058)
Total stockholders' deficit attributable to stockholders of PRTH (104,041) (64,237)
Non-controlling interest 1,255 0
Total stockholders' deficit (102,786) (64,237)
Total liabilities, redeemable senior preferred stock and stockholders' deficit $ 1,373,363 $ 1,351,942