v3.23.3

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 5,265	$ 42,004
Restricted cash	69	0
Accounts receivable, net	9,929	22,218
Due from related parties, net	1,669	2,442
Inventories	42,497	10,289
Deferred costs	1,886	1,887
Prepaid expenses	7,850	12,706
Other current assets	6,279	10,179
Total current assets	75,444	101,725
Lease right-of-use asset	14,258	0
Property and equipment, net	10,035	5,645
Deferred Income Tax Liabilities, Net	0
Deferred tax assets, net		21,334
Goodwill	2,145	4,614
Intangible assets, net	6,262	28,446
Deferred costs, net of current	10,916	11,871
Other long-term assets	23,646	22,364
Total assets	142,706	195,999
Current liabilities:
Accounts payable and accrued expenses	48,485	34,750
Other current liabilities	2,559	0
Deferred revenue	15,929	14,981
Interest payable	384	276
Current portion of long-term debt	106	0
Income taxes payable	5,102	5,303
Total current liabilities	72,565	55,310
Deferred revenue, net of current	2,980	7,385
Lease liabilities, net of current portion	17,184	0
Long-term debt, net of current	88,341	0
Other long-term liabilities	4,548	13,233
Total liabilities	185,618	75,928
Commitments and contingencies (Note 18)
Stockholders’ (deficit) equity
Common stock, $0.00005 par value; 96,705,318 and 95,806,063 shares issued and outstanding as of December 31, 2022 and 2021, respectively	6	5
Additional paid-in capital	681,338	662,946
Accumulated other comprehensive (loss) income	(1,426)	1,151
Accumulated deficit	(548,110)	(369,311)
Less: Treasury stock	(174,720)	(174,720)
Total stockholders' (deficit) equity	(42,912)	120,071
Total liabilities and stockholders' (deficit) equity	$ 142,706	$ 195,999

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.19,20)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1

F45 Training Holdings Inc. 10-K