SUPPLEMENTAL PURCHASE AGREEMENT TRANSACTION INFORMATION

Schedule of consideration paid


Consideration Paid	March 24, 2023
Common stock issued	$	2,020
Note payable issued		9,880
Purchase price	$	11,900

Schedule of reconciliation of previously reported to the current financial statements

The following table reconciles the previously reported Balance Sheet at December 31, 2022 to the current Balance Sheet for the same period:


	December 31, 2022
	Dawson		Breckenridge		Dawson
	Previously Reported				As Adjusted
			(unaudited)		(unaudited)
Assets
Current assets:
Cash and cash equivalents	$	13,914	$	4,689	$	18,603
Restricted cash		5,000		—		5,000
Short-term investments		265		—		265
Accounts receivable, net		6,945		1,027		7,972
Employee retention credit receivable		3,035		—		3,035
Prepaid expenses and other current assets		8,876		75		8,951
Total current assets		38,035		5,791		43,826

Property and equipment, net		18,127		2,341		20,468
Right-of-use assets		4,010		—		4,010
Intangibles, net		369		—		369
Total assets	$	60,541	$	8,132	$	68,673

Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	4,015	$	125	$	4,140
Accrued liabilities:
Payroll costs and other taxes		1,973		28		2,001
Other		1,178		102		1,280
Deferred revenue		7,199		181		7,380
Current maturities of notes payable and finance leases		275		—		275
Current maturities of operating lease liabilities		1,118		—		1,118
Total current liabilities		15,758		436		16,194

Long-term liabilities:
Notes payable and finance leases, net of current maturities		207		—		207
Operating lease liabilities, net of current maturities		3,331		—		3,331
Deferred tax liabilities, net		136		1		137
Total long-term liabilities		3,674		1		3,675

Stockholders' equity:
Common stock		238		—		238
Additional paid-in capital		155,413		—		155,413
Accumulated earnings (deficit)		(112,469)		—		(112,469)
Equity of Breckenridge prior to acquisition		—		7,695		7,695
Accumulated other comprehensive income (loss), net		(2,073)		—		(2,073)
Total stockholders' equity		41,109		7,695		48,804

Total liabilities and stockholders' equity	$	60,541	$	8,132	$	68,673

The following tables reconcile the previously reported Statement of Operations for the three and nine months ended September 30, 2022 to the current Statement of Operations for the same periods:


	Three Months Ended September 30, 2022
	Dawson		Breckenridge		Eliminations and		Dawson
	Previously Reported				Other Adjustments		As Adjusted

Operating revenues	$	3,538	$	4,275	$	(384)	$	7,429

Operating costs:
Operating expenses		6,357		2,677		(384)		8,650
General and administrative		2,556		419		—		2,975
Depreciation and amortization		2,373		488		—		2,861
		11,286		3,584		(384)		14,486

Income (loss) from operations		(7,748)		691		—		(7,057)

Other income (expense):
Interest income		90		1		—		91
Interest expense		(4)		—		—		(4)
Other income (expense), net		43		(1)		—		42
Income (loss) before income tax		(7,619)		691		—		(6,928)
Income tax benefit (expense)		16		—		—		16
Net income (loss)		(7,603)		691		—		(6,912)
Other comprehensive income (loss):
Net unrealized income (loss) on foreign exchange rate translation		(566)		—		—		(566)

Comprehensive (loss) income	$	(8,169)	$	691	$	—	$	(7,478)
Basic income (loss) per share of common stock	$	(0.32)	$	—	$	0.04	$	(0.28)
Diluted income (loss) per share of common stock	$	(0.32)	$	—	$	0.04	$	(0.28)
Weighted average equivalent common shares outstanding		23,812,329		—		1,188,235		25,000,564
Weighted average equivalent common shares outstanding
- assuming dilution		23,812,329		—		1,188,235		25,000,564


	Nine Months Ended September 30, 2022
	Dawson		Breckenridge		Eliminations and		Dawson
	Previously Reported				Other Adjustments		As Adjusted

Operating revenues	$	22,818	$	13,226	$	(1,916)	$	34,128

Operating costs:
Operating expenses		23,008		8,746		(1,916)		29,838
General and administrative		10,502		1,169		—		11,671
Depreciation and amortization		7,458		1,514		—		8,972
		40,968		11,429		(1,916)		50,481

Income (loss) from operations		(18,150)		1,797		—		(16,353)

Other income (expense):
Interest income		144		3		—		147
Interest expense		(24)		—		—		(24)
Other income (expense), net		358		(4)		—		354
Income (loss) before income tax		(17,672)		1,796		—		(15,876)
Income tax benefit (expense)		—		—		—		—
Net income (loss)		(17,672)		1,796		—		(15,876)
Other comprehensive income (loss):
Net unrealized income (loss) on foreign exchange rate translation		(1,238)		—		—		(1,238)

Comprehensive (loss) income	$	(18,910)	$	1,796	$	—	$	(17,114)
Basic income (loss) per share of common stock	$	(0.74)	$	—	$	0.10	$	(0.64)
Diluted income (loss) per share of common stock	$	(0.74)	$	—	$	0.10	$	(0.64)
Weighted average equivalent common shares outstanding		23,772,843		—		1,131,652		24,904,495
Weighted average equivalent common shares outstanding
- assuming dilution		23,772,843		—		1,131,652		24,904,495

The following table reconciles the previously reported Statement of Cash Flows for the nine months ended September 30, 2022 to the current Statement of Cash Flows for the same period:


	Nine Months Ended September 30, 2022
	Dawson		Breckenridge		Dawson
	Previously Reported				As Adjusted

Cash flows from operating activities:
Net income (loss)	$	(17,672)	$	1,796	$	(15,876)

Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization		7,458		1,514		8,972
Operating lease cost		748		—		748
Non-cash compensation		413		—		413
(Gain) loss on disposal of assets		(189)		770		581
Remeasurement and other		(19)		—		(19)
Change in operating assets and liabilities:
(Increase) decrease in accounts receivable		4,428		(989)		3,439
(Increase) decrease in prepaid expenses and other assets		(2,643)		1		(2,642)
Increase (decrease) in accounts payable		1,366		191		1,557
Increase (decrease) in accrued liabilities		(733)		241		(492)
Increase (decrease) in operating lease liabilities		(760)		—		(760)
Increase (decrease) in deferred revenue		3,034		(553)		2,481
Net cash provided by (used in) operating activities		(4,569)		2,971		(1,598)

Cash flows from investing activities:
Capital expenditures		(470)		(167)		(637)
Proceeds from disposal of assets		189		115		304
Net cash provided by (used in) investing activities		(281)		(52)		(333)

Cash flows from financing activities:
Principal payments on notes payable		(1,103)		—		(1,103)
Principal payments on finance leases		(34)		—		(34)
Tax withholdings related to stock-based compensation awards		(79)		—		(79)
Cash settlement of RSUs		(301)				(301)
Sale of treasury stock		113		—		113
Breckenridge cash contributions prior to acquisition		—		(928)		(928)
Net cash provided by (used in) financing activities		(1,404)		(928)		(2,332)

Effect of exchange rate changes on cash and cash equivalents and restricted cash		(523)		—		(523)

Net increase (decrease) in cash and cash equivalents and restricted cash		(6,777)		1,991		(4,786)

Cash and cash equivalents and restricted cash at beginning of period		30,376		—		30,376

Cash and cash equivalents and restricted cash at end of period	$	23,599	$	1,991	$	25,590

Supplemental cash flow information:
Cash paid for interest	$	25	$	—	$	25
Cash received for income taxes	$	7	$	—	$	7

Non-cash operating, investing and financing activities:
Increase (decrease) in right-of-use assets and operating lease liabilities	$	598	$	—	$	598
Financed insurance premiums	$	944	$	—	$	944
Deemed contribution of Breckenridge net assets	$	—	$	(6,472)	$	(6,472)