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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 93,029 $ 37,739
Restricted cash 0 2,142
Accounts receivable, net of allowance for doubtful accounts 28,565 22,358
Prepaid expenses and other current assets 10,712 5,812
Related party receivable from sellers of MeridianLink 0 4,123
Total current assets 132,306 72,174
Property and equipment, net 6,300 7,600
Intangible assets, net 309,454 328,032
Deferred tax assets, net 3,811 9,484
Goodwill 565,048 542,965
Other assets 3,247 3,450
Total assets 1,020,166 963,705
Current liabilities:    
Accounts payable 1,175 2,257
Accrued liabilities 22,322 21,070
Deferred revenue 20,889 10,873
TazWorks, LLC purchase liability 0 85,646
Related party liability due to sellers of MeridianLink 0 30,000
Current portion of long-term debt, net of debt issuance costs 0 2,955
Total current liabilities 44,386 152,801
Long-term debt, net of debt issuance costs 419,890 516,877
Deferred rent 425 543
Other long-term liabilities 77 0
Total liabilities 464,778 670,221
Commitments and contingencies (Note 4)
Class A preferred units, no par value; unlimited units authorized, 319,913 units issued and outstanding as of December 31, 2020; liquidation preference of $402,607 as of December 31, 2020   319,913
Stockholders’ Equity/Members’ Deficit    
Preferred stock, $0.001 par value; 50,000,000 shares authorized at September 30, 2021; zero shares issued and outstanding at September 30, 2021 0  
Common stock, $0.001 par value; 600,000,000 shares authorized, 79,528,555 shares issued and outstanding at September 30, 2021 79  
Class B common units, no par value; unlimited units authorized, 51,492,805 units issued and outstanding as of December 31, 2020   0
Additional paid-in capital 592,448 3,909
Accumulated deficit (37,139) (30,338)
Total stockholders' equity 555,388  
Total members' deficit   (26,429)
Total liabilities, preferred units, and stockholders’ equity/members’ deficit $ 1,020,166 $ 963,705