v3.20.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 6,123 $ 14,763
Restricted cash 171 238
Trade receivables, net of allowance for doubtful accounts of $3,096 in 2020 and $3,828 in 2019 13,360 12,083
Inventories, net 7,612 5,242
Prepaid and other current assets 22,612 19,953
Total current assets 49,878 52,279
Property and equipment, net of accumulated depreciation of $17,621 in 2020 and $3,777 in 2019 41,943 42,096
Subscriber accounts and deferred contract acquisition costs, net of accumulated amortization of $254,928 in 2020 and $61,771 in 2019 1,102,977 1,064,311
Dealer network and other intangible assets, net of accumulated amortization of $32,118 in 2020 and $7,922 in 2019 113,010 136,778
Goodwill 0 81,943
Deferred income tax asset, net 584 684
Operating lease right-of-use asset 17,962 19,277
Other assets 20,309 21,944
Total assets 1,346,663 1,419,312
Current liabilities:    
Accounts payable 20,728 16,869
Other accrued liabilities 58,721 24,954
Deferred revenue 13,300 12,008
Holdback liability 8,536 8,191
Current portion of long-term debt 8,225 8,225
Total current liabilities 109,510 70,247
Non-current liabilities:    
Long-term debt 970,994 978,219
Long-term holdback liability 1,223 2,183
Operating lease liabilities 15,305 16,195
Other liabilities 89,038 6,390
Total liabilities 1,186,070 1,073,234
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.01 par value. Authorized 5,000,000 shares; no shares issued 0 0
Common stock, $0.01 par value. Authorized 45,000,000 shares; issued and outstanding 22,500,000 shares at both December 31, 2020 and 2019 225 225
Additional paid-in capital 379,175 379,175
Accumulated deficit (216,714) (33,331)
Accumulated other comprehensive (loss) income, net (2,093) 9
Total stockholders' equity 160,593 346,078
Total liabilities and stockholders' equity $ 1,346,663 $ 1,419,312

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