Veritone (VERI) 10-Q 9 May 23 2023 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2023	May 01, 2023
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2023
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q1
Trading Symbol	VERI
Entity Registrant Name	Veritone, Inc.
Entity Central Index Key	0001615165
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity File Number	001-38093
Entity Tax Identification Number	47-1161641
Entity Address, Address Line One	1615 Platte Street
Entity Address, Address Line Two	2nd Floor
Entity Address, City or Town	Denver
Entity Address, State or Province	CO
Entity Address, Postal Zip Code	80202
City Area Code	888
Local Phone Number	507-1737
Entity Common Stock, Shares Outstanding		36,824,829
Entity Interactive Data Current	Yes
Entity Incorporation, State or Country Code	DE
Document Quarterly Report	true
Document Transition Report	false
Title of 12(b) Security	Common Stock, par value $0.001 per share
Security Exchange Name	NASDAQ
Former Address [Member]
Document Information [Line Items]
Entity Address, Address Line One	2420 17th St.
Entity Address, Address Line Two	Office 3002
Entity Address, City or Town	Denver
Entity Address, State or Province	CO
Entity Address, Postal Zip Code	80202

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
ASSETS
Cash and cash equivalents	$ 139,707	$ 184,423
Accounts receivable, net	54,071	56,001
Expenditures billable to clients	13,035	22,339
Prepaid expenses and other current assets	13,585	15,242
Total current assets	220,398	278,005
Property, equipment and improvements, net	6,394	5,291
Intangible assets, net	74,555	79,664
Goodwill	46,460	46,498
Long-term restricted cash	862	859
Other assets	13,901	14,435
Total assets	362,570	424,752
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable	38,015	36,738
Accrued media payments	82,407	102,064
Client advances	3,412	19,042
Contingent consideration, current	190	8,067
Other accrued liabilities	28,123	27,412
Total current liabilities	152,147	193,323
Convertible senior notes, non-current	137,982	137,767
Other non-current liabilities	11,721	13,811
Total liabilities	301,850	344,901
Commitments and contingencies (Note 9)
Stockholders' equity
Common stock, par value $0.001 per share; 75,000,000 shares authorized; 36,321,222 and 36,792,812 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively	37	36
Additional paid-in capital	455,759	451,162
Accumulated deficit	(394,234)	(371,271)
Accumulated other comprehensive loss	(842)	(76)
Total stockholders' equity	60,720	79,851
Total liabilities and stockholders' equity	$ 362,570	$ 424,752

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Mar. 31, 2023	Dec. 31, 2022
Statement Of Financial Position [Abstract]
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	75,000,000	75,000,000
Common stock, shares issued	36,792,812	36,321,222
Common stock, shares outstanding	36,792,812	36,321,222

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Income Statement [Abstract]
Revenue	$ 30,263	$ 34,407
Operating expenses:
Cost of revenue	6,809	6,923
Sales and marketing	12,690	11,069
Research and development	11,527	9,883
General and administrative	17,397	22,321
Amortization	5,429	5,016
Total operating expenses	53,852	55,212
Loss from operations	(23,589)	(20,805)
Other income (expense), net	355	(1,186)
Loss before provision for income taxes	(23,234)	(21,991)
(Benefit from) provision for income taxes	(271)	138
Net loss	$ (22,963)	$ (22,129)
Net loss per share:
Net loss per share, basic	$ (0.63)	$ (0.62)
Net loss per share, diluted	$ (0.63)	$ (0.62)
Weighted average shares outstanding:
Weighted average shares outstanding, basic and diluted	36,587,946	35,476,948
Comprehensive loss:
Net loss	$ (22,963)	$ (22,129)
Foreign currency translation gain (loss), net of income taxes	(766)	190
Total comprehensive loss	$ (23,729)	$ (21,939)

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Cumulative Effect, Period of Adoption, Adjustment	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]	Accumulated Deficit [Member] Cumulative Effect, Period of Adoption, Adjustment	Accumulated Other Comprehensive Loss [Member]
Beginning balance at Dec. 31, 2021	$ 86,500	$ (677)	$ 35	$ 431,606	$ (345,037)	$ (677)	$ (104)
Beginning balance, shares at Dec. 31, 2021			34,972,256
Common stock issued under employee stock plans, net	570		$ 1	569
Common stock issued under employee stock plans, net, shares			1,073,543
Common stock withheld for employee taxes	(9,437)			(9,437)
Common stock withheld for employee taxes, shares			(457,840)
Common stock issued for acquisition	1,929			1,929
Common stock issued for acquisition, shares			116,550
Common stock issued as part of contingent consideration	6,440			6,440
Common stock issued as part of contingent consideration, shares			352,330
Stock-based compensation expense	4,847			4,847
Net loss	(22,129)				(22,129)
Other comprehensive gain (loss)	190						190
Ending balance at Mar. 31, 2022	68,233		$ 36	435,954	(367,843)		86
Ending balance, shares at Mar. 31, 2022			36,056,839
Beginning balance at Dec. 31, 2021	86,500	$ (677)	$ 35	431,606	(345,037)	$ (677)	(104)
Beginning balance, shares at Dec. 31, 2021			34,972,256
Net loss	25,557
Ending balance at Dec. 31, 2022	79,851		$ 36	451,162	(371,271)		(76)
Ending balance, shares at Dec. 31, 2022			36,321,222
Common stock issued under employee stock plans, net	643		$ 1	642
Common stock issued under employee stock plans, net, shares			466,906
Common stock withheld for employee taxes	(852)			(852)
Common stock withheld for employee taxes, shares			(131,116)
Common stock issued as part of contingent consideration	756			756
Common stock issued as part of contingent consideration, shares			135,800
Stock-based compensation expense	4,051			4,051
Net loss	(22,963)				(22,963)
Other comprehensive gain (loss)	(766)						(766)
Ending balance at Mar. 31, 2023	$ 60,720		$ 37	$ 455,759	$ (394,234)		$ (842)
Ending balance, shares at Mar. 31, 2023			36,792,812

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Cash flows from operating activities:
Net loss	$ (22,963)	$ (22,129)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:
Depreciation and amortization	5,907	5,214
Provision for credit losses	(72)	194
Stock-based compensation expense	3,917	4,847
Change in fair value of contingent consideration	651	5,045
Change in deferred taxes	(311)	(465)
Amortization of debt issuance costs	215	299
Amortization of right-of-use assets	300	251
Imputed non-cash interest (income) expense	(22)	16
Changes in assets and liabilities:
Accounts receivable	2,002	18,982
Expenditures billable to clients	9,304	7,487
Prepaid expenses and other assets	631	(34)
Other assets	234	(1,146)
Accounts payable	1,277	(8,384)
Accrued media payments	(19,657)	8,770
Client advances	(15,630)	(2,593)
Other accrued liabilities	2,211	(6,104)
Other liabilities	(1,779)	(116)
Net cash (used in) provided by operating activities	(33,785)	10,134	$ 3,737	$ 7,234
Cash flows from investing activities:
Minority investment		(2,000)
Capital expenditures	(1,447)	(735)
Acquisitions, net of cash acquired	(1,500)	(1,319)
Net cash used in investing activities	(2,947)	(4,054)
Cash flows from financing activities:
Payment of contingent considerations	(7,772)	(14,376)
Taxes paid related to net share settlement of equity awards	(852)	(9,441)
Proceeds from issuances of stock under employee stock plans, net	643	569
Net cash used in financing activities	(7,981)	(23,248)
Net decrease in cash and cash equivalents and restricted cash	(44,713)	(17,168)
Cash and cash equivalents and restricted cash, beginning of period	185,282	255,577	255,577
Cash and cash equivalents and restricted cash, end of period	140,569	238,409	$ 185,282	$ 255,577
Non-cash investing and financing activities:
Shares issued for acquisition of businesses and earn-out consideration	756	8,369
Stock-based compensation capitalized for software development	134	33
Lease liabilities arising from right-of-use assets	$ 499	$ 4,501

Description of Business

Description of Business	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Description of Business	NOTE 1. DESCRIPTION OF BUSINESS Veritone, Inc., a Delaware corporation (“Veritone” and together with its subsidiaries, collectively, the “Company”), is a provider of artificial intelligence (“AI”) computing solutions. The Company’s proprietary AI operating system, aiWARE TM , uses machine learning algorithms, or AI models, together with a suite of powerful applications, to reveal valuable insights from vast amounts of structured and unstructured data. The aiWARE platform offers capabilities that mimic human cognitive functions such as perception, prediction and problem solving, enabling users to quickly, efficiently and cost effectively transform unstructured data into structured data, and analyze and optimize data to drive business processes and insights. aiWARE is based on an open architecture that enables new AI models, applications and workflows to be added quickly and efficiently, resulting in a scalable and evolving solution that can be leveraged by organizations across a broad range of business sectors, serving commercial enterprises as well as government and regulated industries. In addition, the Company operates a full-service advertising agency that leverages the Company’s aiWARE technologies to provide differentiated Managed Services to its clients. The Company’s advertising services include media planning and strategy, advertisement buying and placement, campaign messaging, clearance verification and attribution, and custom analytics, specializing in host-endorsed and influencer advertising across primarily radio, podcasting, streaming audio, social media and other digital media channels. The Company’s advertising services also include its VeriAds Network, which is comprised of programs that enable broadcasters, podcasters and social media influencers to generate incremental advertising revenue. The Company also offers cloud-native digital content management solutions and licensing services, primarily to customers in the media and entertainment market. These offerings leverage the Company’s aiWARE technologies, providing customers with unique capabilities to enrich and drive expanded revenue opportunities from their content. On August 11, 2022, the Company acquired certain assets of Vision Semantics Limited (“VSL”), a U.K.-based company focused on AI-powered video analytics and surveillance software solutions. On June 10, 2022, the Company acquired VocaliD, Inc. (“VocaliD”), a U.S.-based company that pioneered the creation of personalized synthetic voices. On March 1, 2022, the Company acquired an influencer-based management company. For further details on these acquisitions, refer to Note 3.

Presentation and Summary of Sig

Presentation and Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Presentation and Summary of Significant Accounting Policies	NOTE 2. PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) for interim financial statements and the rules and regulations of the Securities and Exchange Commission (the “SEC”). Accordingly, they do not contain all information and footnotes required by GAAP for annual financial statements. Such unaudited condensed consolidated financial statements and accompanying notes are based on the representations of the Company’s management, who is responsible for their integrity and objectivity. The information included in this Form 10-Q should be read in conjunction with the information included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022, filed with the SEC on March 16, 2023. Interim results for the three months ended March 31, 2023 are not necessarily indicative of the results the Company will have for the full year ending December 31, 2023. The accompanying condensed consolidated financial statements have been prepared on the same basis as the annual financial statements and, in the opinion of management, reflect all adjustments, which are normal, recurring and necessary to fairly state the Company’s financial position, results of operations and cash flows. All significant intercompany transactions have been eliminated in consolidation. The financial data and the other information disclosed in these notes to the condensed consolidated financial statements reflected in the three and nine month periods presented are unaudited. The December 31, 2022 balance sheet included herein was derived from the audited financial statements but does not include all disclosures or notes required by GAAP for complete financial statements. Liquidity and Capital Resources During the years ended December 31, 2022 and 2021 , the Company generated cash flows from operations of $ 3,737 and $ 7,234 , respectively, and incurred net losses of $ 25,557 and $ 64,672 , respectively. During the three months ended March 31, 2023, the Company used cash in operations of $ 33,785 and incurred a net loss of $ 22,963 . As of March 31, 2023, the Company had an accumulated deficit of $ 394,234 . Historically, the Company has satisfied its capital needs with the net proceeds from sales of equity securities, issuances of convertible debt, and the exercise of common stock options and warrants. If the Company needs to raise additional capital in order to continue to execute its business plan, there is no assurance that additional financing will be available when needed or that management will be able to obtain financing on terms acceptable to the Company. During the three months ended March 31, 2023, the Company received net proceeds of $ 643 from the issuance of common stock under the Company’s employee stock plans, and used $ 852 for taxes paid related to net share settlement of equity awar ds and $ 7,772 for payment of the 2022 earnout for PandoLogic. Management believes that the Company’s existing balances of cash and cash equivalents, which totaled $ 139,707 as of March 31, 2023 , will be sufficient to meet its anticipated cash requirements for the next twelve months. Use of Accounting Estimates The preparation of the accompanying condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the accompanying condensed consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. The principal estimates relate to the accounting recognition and presentation of revenue, allowance for credit losses, purchase accounting, impairment of long-lived assets, the valuation of contingent consideration, the valuation of non-cash consideration received in barter transactions and evaluation of realizability, and the valuation of stock awards and stock warrants and income taxes, where applicable. There has been uncertainty and disruption in the global economy and financial markets due to the COVID-19 pandemic, the war in Ukraine, the recent inflationary environment and rising interest rates. The Company is not aware of any specific event or circumstance that would require an update to its estimates or assumptions or a revision of the carrying value of its assets or liabilities as of the date of filing of this Quarterly Report on Form 10-Q. These estimates and assumptions may change as new events occur and additional information is obtained. As a result, actual results could differ materially from these estimates and assumptions. Significant Customers One individual customer accounted for 10 % or more of the Company’s revenue for the three months ended March 31, 2023 and 2022. Two individual customers accounted for 10 % or more of the Company’s accounts receivable as of March 31, 2023 and one individual customer accounted for 10 % or more of the Company’s accounts receivable as of December 31, 2022 . Remaining Performance Obligations As of March 31, 2023, the aggregate amount of the transaction prices under the Company’s contracts allocated to the Company’s remaining performance obligations w as $ 5,888 , approximately 49 % of which the C ompany expects to recognize as revenue over the next twelve months , and the remainder thereafter. This aggregate amount excludes amounts allocated to remaining performance obligations under contracts that have an original duration of one year or less and variable consideration that is allocated to remaining performance obligations . Excluded based on this policy are balances related to hiring solutions representing gross purchase orders to be satisfied in less than one year. Revenues will be recognized net of costs to fulfill these orders. Assets and Liabilities Held for Sale The Company determined that its energy group met the held for sale criteria under GAAP as of March 31, 2023. The potential sale of the energy group would not qualify as discontinued operations as of that date because the disposal would not have a major effect on the Company’s operations and financial results. As of March 31, 2023 , the Company classified $ 20 as assets held for sale within prepaid expenses and other current assets and $ 11 as liabilities held for sale within other accrued liabilities on its condensed consolidated balance sheet. Segment Information The Company operates as one reportable segment. The Company reports segment information based on the internal reporting used by the chief operating decision maker for making decisions and assessing performance as the source of the Company’s reportable segments. As of January 1, 2023, Chad Steelberg, who had served as the Company’s chief operating decision maker during the year ended December 31, 2022, resigned as the Company’s Chief Executive Officer effective as of December 31, 2022. Ryan Steelberg was appointed by the Company’s Board of Directors as President and Chief Executive Officer, effective as of January 1, 2023, and serves as the chief operating decision maker of the Company. Despite the change in the chief operating decision maker, the Company determined no change to segment reporting was necessary as there was no change in the components of the Company for which separate financial information is regularly evaluated. Significant Accounting Policies There have been no material changes in the Company’s significant accounting policies from those disclosed in its Annual Report on Form 10-K for the year ended December 31, 2022, other than those associated with the recently adopted guidance on accounting for expected credit losses as further described in Note 8 . Recently Adopted Accounting Pronouncements In September 2016, the FASB issued ASU No. 2016-13, Financial Instruments – Credit Losses (Topic 326) which requires measurement and recognition of expected credit losses for financial assets held. This standard will be effective for the Company beginning in the first quarter of fiscal year 2023, and early adoption is permitted. The Company adopted this guidance on January 1, 2023 and the impact of the adoption was not material to our consolidated financial statements as credit losses are not expected to be significant based on historical collection trends, the financial condition of payment partners, and external market factors. In October 2021, the FASB issued ASU No. 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers , which requires entities to recognize and measure contract assets and contract liabilities acquired in a business combination in accordance with ASC Topic 606, Revenue from Contracts with Customers , in order to align the recognition of a contract liability with the definition of a performance obligation. The Company adopted this guidance on January 1, 2023. The adoption of this guidance did not have a material impact on the Company’s consolidated financial statements.

Business Combinations

Business Combinations	3 Months Ended
	Mar. 31, 2023
Business Combinations [Abstract]
Business Combinations	NOTE 3. BUSINESS COMBINATIONS VSL Acquisition On August 11, 2022 , the Company acquired certain assets of VSL , a U.K.-based company focused on AI-powered video analytics and surveillance software solutions, pursuant to an asset purchase agreement. The total purchase consideration was $ 1,952 (the “VSL Acquisition Consideration”), which consisted of cash payments of $ 1,700 at closing and deferred cash payments to be made in 2023 totaling $ 300 , which deferred payments were estimated to have a fair value of $ 252 as of the acquisition date. The Company inc urred $ 272 in acquisiti on-related expenses and has recorded them in general and administrative expenses in the condensed consolidated statement of operations and comprehensive loss. The following table summarizes the fair value of the VSL Acquisition Consideration (in thousands): VSL Acquisition Consideration Amount Cash consideration at closing $ 1,700 Deferred consideration 252 Total $ 1,952 The allocation of the VSL Acquisition Consideration to tangible and intangible assets acquired and liabilities assumed is based on estimated fair values and is as follows (in thousands): Allocation of VSL Acquisition Consideration** Amount Accounts receivable, net $ 57 Property, equipment and improvements, net 13 Intangible assets 1,500 Total assets acquired 1,570 Accrued expenses and other current liabilities 32 Total liabilities assumed 32 Identifiable net assets acquired 1,538 Goodwill 414 Total purchase consideration $ 1,952 **The excess of the total consideration over the tangible assets, identifiable intangible assets, and assumed liabilities is recorded as goodwill. Goodwill is primarily attributable to the assembled workforce. All goodwill generated from the acquisition is tax deductible. Identifiable Intangible Assets The identifiable intangible assets acquired consisted of developed technology valued at $ 1,500 with estimated useful lives of 3 years. The Company amortizes the fair value of these intangible assets on a straight-line basis over their respective useful lives. The fair value of the intangible assets has been estimated using a cost approach. Under the cost approach, the replacement cost is used to estimate the value of the asset. The key assumptions include the Company’s estimates of the direct and indirect costs required to replace the asset. VocaliD Acquisition On June 10, 2022 , the Company acquired 100 % of VocaliD , a U.S.-based company that specializes in the creation of personalized synthetic voices, pursuant to a stock purchase agreement. The total purchase consideration was $ 3,384 (the “VocaliD Acquisition Consideration”), which consisted of cash payments of $ 1,609 at closing and deferred cash payments to be made in 2023 totaling $ 2,000 , which deferred payments were est imated to have a fair value of $ 1,785 as of the acquisition date, and a net working capital adjustment reducing the purchase price by $ 10 . The Comp any incurred $ 200 in acquisition-related expenses and has recorded them in general and administrative expenses in the condensed consolidated statement of operations and comprehensive loss. The following table summarizes the fair value of the VocaliD Acquisition Consideration (in thousands): VocaliD Acquisition Consideration Amount Cash consideration at closing $ 1,609 Deferred consideration 1,785 Net working capital adjustment ( 10 ) Total $ 3,384 The allocation of the VocaliD Acquisition Consideration to tangible and intangible assets acquired and liabilities assumed is based on estimated fair values and is as follows (in thousands): Allocation of VocaliD Acquisition Consideration** Amount Cash $ 216 Intangible assets 2,700 Total assets acquired 2,916 Accounts payable 6 Accrued expenses and other current liabilities 33 Deferred tax liability 663 Total liabilities assumed 702 Identifiable net assets acquired 2,214 Goodwill 1,170 Total purchase consideration $ 3,384 **The excess of the total consideration over the tangible assets, identifiable intangible assets, and assumed liabilities is recorded as goodwill. Goodwill is primarily attributable to the assembled workforce. The transaction is treated as a non-taxable stock acquisition for income tax purposes and none of the goodwill generated from the acquisition was tax deductible. Identifiable Intangible Assets The identifiable intangible assets acquired consisted of developed technology valued at $ 2,700 with estimated useful lives of 3 years. The Company amortizes the fair value of these intangible assets on a straight-line basis over their respective useful lives. The fair value of the intangible assets has been estimated using a cost approach. Under the cost approach, the replacement cost is used to estimate the value of the asset. The key assumptions include the Company’s estimates of the direct and indirect costs required to replace the asset. March 2022 Acquisition On March 1, 2022 , the Company acquired 100 % of an influencer-based management company, which is a California limited liability company, pursuant to a securities purchase agreement dated as of March 1, 2022 (the “March 2022 Acquisition”). The entity is an influencer management company that works with a select group of social media influencers to create content and custom marketing campaigns for brand partners and agencies. The total purchase consideration was $ 5,881 (the “March 2022 Acquisition Consideration”), which consisted of a cash payment of $ 1,500 at closing, $ 1,929 for the fair value of the Company’s 116,550 shares of common stock, and deferred cash payments to be made in 2023 and 2024 totaling $ 3,000 , which deferred payments were estimated to have a fair value of $ 2,707 on the acquisition date. The total purchase price was decreased by $ 976 for the settlement of a preexisting receivable and increased by $ 684 to adjust for the cash o n hand at the time of the transaction closing and a net working capital adjustment of $ 37 . In addition, the sellers may receive up to $ 4,500 in contingent earnout consideration based on achieving certain milestones tied to the entity’s financial performance in fiscal 2022 and 2023, which amount will be paid in cash (the “March 2022 Acquisition Earnout”). The fair value of the March 2022 Acquisition Earnout was estimated to be $ 3,015 as of March 1, 2022, all of which was deemed to be compensation to the seller which will be recognized as compensation expense over the earnout period in the general and administrative expenses on the condensed consolidated statement of operations and comprehensive loss. The Company incurred $ 270 in acquisition-related expenses and has recorded them in general and administrative expenses in the condensed consolidated statement of operations and comprehensive loss. The Company paid the first of two deferred cash payments of $ 1,500 during the three months ended March 31, 2023. The following table summarizes the fair value of the March 2022 Acquisition Consideration (in thousands): March 2022 Acquisition Consideration Amount Cash consideration at closing $ 1,500 Equity consideration at closing 1,929 Deferred consideration 2,707 Acquired cash 684 Settlement of pre-existing receivable ( 976 ) Net working capital adjustment 37 Total $ 5,881 The allocation of the March 2022 Acquisition Consideration to tangible and intangible assets acquired and liabilities assumed is based on estimated fair values and is as follows (in thousands): Allocation of March 2022 Acquisition Consideration** Amount Cash $ 715 Accounts receivable 1,088 Prepaid and other current assets 120 Property and equipment 53 Intangible assets 2,700 Other assets 247 Total assets acquired 4,923 Accounts payable 18 Accrued expenses and other current liabilities 1,788 Operating lease liabilities, non-current 140 Total liabilities assumed 1,946 Identifiable net assets acquired 2,977 Goodwill 2,904 Total purchase consideration $ 5,881 **The excess of the total consideration over the tangible assets, identifiable intangible assets, and assumed liabilities is recorded as goodwill. Goodwill is primarily attributable to opportunities to cross-sell into our Commercial Enterprise customer base. For income tax purposes, the Company elected to treat the transaction as an asset acquisition. As such, the goodwill generated from the acquisition is tax deductible. Identifiable Intangible Assets The identifiable intangible assets acquired consisted of the influencer network, trade name and brand relationships with estimated useful lives of 3 - 10 years. The Company amortizes the fair value of these intangible assets on a straight-line basis over their respective useful lives. The fair value of the intangible assets has been estimated using an income approach. Under the income approach, the after-tax cash flows associated with the asset are discounted to present value. The key assumptions include the Company’s estimates of the projected cash flows and discount rates. The valuation of the intangible assets acquired along with their estimated useful lives, is as follows (in thousands): Estimated Estimated Useful Lives (in years) Influencer network $ 1,200 5 Trade name 200 10 Brand relationships 1,300 3 Total intangible assets $ 2,700

Debt

Debt	3 Months Ended
	Mar. 31, 2023
Debt Disclosure [Abstract]
Debt	NOTE 4. DEBT Convertible Senior Notes In November 2021, the Company issued, at par value, $ 201.3 million aggregate principal amount of 1.75 % convertible senior notes due 2026 (the “Convertible Notes”). The issuance included the full exercise of an option granted by the Company to the initial purchasers of the Convertible Notes to purchase an additional $ 26.25 million aggregate principal amount of Convertible Notes. The Convertible Notes were issued pursuant to and are subject to the terms and conditions of an indenture, which is referred to as the Indenture, between the Company and U.S. Bank National Association, as trustee. The Convertible Notes were offered and sold in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. In December 2022, the Company repurchased $ 60.0 million aggregate principal amount of the Convertible Notes at approximately 65 % of par (the “Repurchase Transaction”). After giving effect to the Repurchase Transaction, the Company has $ 141.25 million in aggregate principal amount of the Convertible Notes remaining outstanding as of March 31, 2023. The Convertible Notes are senior, unsecured obligations of the Company and bear interest at a rate of 1.75 % per year. Interest accrues from November 19, 2021 and is payable semi-annually in arrears on May 15 and November 15 of each year, beginning on May 15, 2022 . The Convertible Notes will mature on November 15, 2026 , unless earlier converted, redeemed, or repurchased in accordance with the terms of the Convertible Notes. Holders of the Convertible Notes may convert all or any portion of their Convertible Notes at their option at any time prior to the close of business on the business day immediately preceding May 15, 2026, only under the following conditions: (1) during any calendar quarter commencing after the calendar quarter ending on March 31, 2022 (and only during such calendar quarter), if the last reported sale price of the Company’s common stock for at least 20 trading days (whether or not consecutive) during a period of 30 consecutive trading days ending on, and including, the last trading day of the immediately preceding calendar quarter is greater than or equal to 130 % of the conversion price on each applicable trading day; (2) during the five business day period after any five consecutive trading day period (the “measurement period”) in which the trading price per $ 1,000 principal amount of Convertible Notes for each trading day of the measurement period was less than 98 % of the product of the last reported sale price of the Company’s common stock and the conversion rate for the Convertible Notes on each such trading day; (3) if the Company calls such Convertible Notes for redemption, at any time prior to the close of business on the second scheduled trading day immediately preceding the applicable redemption date; or (4) upon the occurrence of specified corporate events. On or after May 15, 2026 , holders may convert all or any portion of their Convertible Notes at any time prior to the close of business on the second scheduled trading day immediately preceding the maturity date regardless of the foregoing conditions. Upon conversion, the Company will pay or deliver, as the case may be, cash, shares of its common stock or a combination of cash and shares of its common stock, at the Company’s election. The conversion rate for the Convertible Notes will initially be 27.2068 shares of the Company’s common stock per $1,000 principal amount of Convertible Notes (equivalent to an initial conversion price of approximately $ 36.76 per share of common stock). The conversion rate will be subject to adjustment in some events but will not be adjusted for any accrued and unpaid interest. In addition, following certain corporate events that occur prior to the maturity date or following the Company’s issuance of a notice of redemption, the Company will, in certain circumstances, increase the conversion rate for a holder who elects to convert its Convertible Notes in connection with such a corporate event or who elects to convert its Convertible Notes called (or deemed called) for redemption during the related redemption period, as the case may be. The Company may not redeem the Convertible Notes prior to November 20, 2024 . The Company may redeem for cash all or any portion of the Convertible Notes (subject to certain limitations), at its option, on or after November 20, 2024 if the last reported sale price of the Company’s common stock has been at least 130 % of the conversion price then in effect for at least 20 trading days (whether or not consecutive) during any 30 consecutive trading day period (including the last trading day of such period) ending on, and including, the trading day immediately preceding the date on which the Company provides notice of redemption at a redemption price equal to 100 % of the principal amount of the Convertible Notes to be redeemed, plus accrued and unpaid interest to, but excluding, the redemption date. No sinking fund is provided for the Convertible Notes. If the Company undergoes a fundamental change prior to the maturity date, subject to certain conditions, holders may require the Company to repurchase for cash all or any portion of their Convertible Notes. The fundamental change repurchase price will be equal to 100 % of the principal amount of the Convertible Notes to be repurchased, plus accrued and unpaid interest to, but excluding, the fundamental change repurchase date. The Convertible Notes are the Company’s senior unsecured obligations and rank senior in right of payment to all of the Company’s indebtedness that is expressly subordinated in right of payment to the Convertible Notes; equal in right of payment with all existing and future liabilities of the Company that are not so subordinated; effectively junior to any of secured indebtedness of the Company to the extent of the value of the assets securing such indebtedness; and structurally junior to all indebtedness and other liabilities (including trade payables) and any preferred equity of the Company’s current or future subsidiaries. The net proceeds from the issuance of the Convertible Notes were approximately $ 194.9 million, after deducting debt issuance costs. The total debt issuance costs incurred and recorded by the Company amounted to $ 6.3 million, which were recorded as a reduction to the face amount of the Convertible Notes and are being amortized to interest expense using the effective interest method over the contractual term of the Convertible Notes. The Convertible Notes are recorded as a liability within convertible senior notes, non-current. For the three months ended March 31, 2023 and 2022, interest expense related to the Convertible Notes and amortization of the issuance c osts was $ 0.8 million and $ 1.2 million, respectively . The effective annual interest rate for the three months ended March 31, 2023 was ap proximately 2.42 %. As of March 31, 2023 , the if-converted value of the Convertible Notes did no t exceed the outstanding principal amount. As of March 31, 2023, the total estimated fair value of the Convertible Notes was $ 105.1 million, whic h was determined based on a market approach using actual bids and offers of the Convertible Notes in an over-the-counter market during the period. The Company considers these assumptions to be Level 2 inputs in accordance with the fair value hierarchy described in Note 6. Capped Calls In connection with the pricing of the Convertible Notes, with the full exercise by the initial purchasers of their option to purchase additional Convertible Notes in November 2021, the Company used approximately $ 18.6 million of the net proceeds from the issuance of the Convertible Notes to enter into privately negotiated capped call transactions, which are referred to as the capped calls, with various financial institutions. The capped call transactions cover, subject to anti-dilution adjustments substantially similar to those applicable to the Convertible Notes, the number of shares of the Company’s common stock underlying the Convertible Notes. The capped call transactions are expected generally to reduce the potential dilution to the Company’s common stock upon conversion of the Convertible Notes and/or offset some or all of any cash payments the Company is required to make in excess of the principal amount of converted Convertible Notes, as the case may be, in the event that the market price per share of the Company’s common stock, as measured under the terms of the capped call transactions, is greater than the strike price of the capped call transactions, which initially corresponds to the conversion price of the Convertible Notes and is subject to anti-dilution adjustments substantially similar to those applicable to the conversion rate of the Convertible Notes. If, however, the market price per share of the Company’s common stock, as measured under the terms of the capped call transactions, exceeds the cap price of the capped call transactions, there would nevertheless be dilution and/or there would not be an offset of such potential cash payments, in each case, to the extent that such market price exceeds the cap price of the capped call transactions. The initial cap price of the capped calls is $ 48.55 per share of common stock, which represents a premium of 75 % over the last reported sale price of the Company’s common stock of $ 27.74 per share on November 16, 2021, and is subject to certain customary adjustments under the terms of the capped calls; provided that the cap price will not be reduced to an amount less than the strike price of $ 35.76 per share. The capped call transactions are separate transactions and are not part of the terms of the Convertible Notes. The capped calls meet the criteria for classification as equity and, as such, are not remeasured each reporting period and are included as a reduction to additional paid-in-capital within stockholders’ equity. In connection with the Repurchase Transaction, the Company entered into transactions in December 2022 to unwind a portion of the capped calls. As a result, the Company received $ 0.3 million in net proceeds from the proceeds of the unwinding of the capped calls.

Net Loss Per Share

Net Loss Per Share	3 Months Ended
	Mar. 31, 2023
Earnings Per Share [Abstract]
Net Loss Per Share	NOTE 5. NET LOSS PER SHARE The following table presents the computation of basic and diluted net loss per share: Three Months Ended 2023 2022 Numerator Net loss $ ( 22,963 ) $ ( 22,129 ) Denominator Weighted-average common shares outstanding 36,587,946 35,478,676 Less: Weighted-average shares subject to repurchase — ( 1,728 ) Denominator for basic and diluted net loss per share attributable to common stockholders 36,587,946 35,476,948 Basic and diluted net loss per share $ ( 0.63 ) $ ( 0.62 ) The Company reported net losses for all periods presented and, as such, all potentially dilutive shares of common stock would have been antidilutive for such periods. The table below presents the weighted-average securities (in common equivalent shares) outstanding during the periods presented that have been excluded from the calculation of diluted net loss per share because their effect would be anti-dilutive: Three Months Ended 2023 2022 Common stock options, restricted stock units and performance stock units 10,755,833 10,025,447 Warrants to purchase common stock 496,612 496,612 Common stock issuable in connection with convertible senior notes 3,842,961 5,475,369 15,095,406 15,997,428

Financial Instruments

Financial Instruments	3 Months Ended
	Mar. 31, 2023
Investments All Other Investments [Abstract]
Financial Instruments	NOTE 6. FINANCIAL INSTRUMENTS Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Valuation techniques used to measure fair value must maximize the use of observable inputs and minimize the use of unobservable inputs. The fair value hierarchy is based on three levels of inputs that may be used to measure fair value. Level 1 and Level 2 are considered observable and Level 3 is considered unobservable, as follows: • Level 1—quoted prices (unadjusted) in active markets for identical assets or liabilities; • Level 2—inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities; or • Level 3—unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. Cash and Cash Equivalents The Company’s money market funds are categorized as Level 1 within the fair value hierarchy. As of March 31, 2023, the Company’s cash and cash equivalents were as follows: Gross Cash and Unrealized Fair Cash Cost Losses Value Equivalents Cash $ 138,655 $ — $ 138,655 $ 138,655 Level 1: Money market funds 1,052 — 1,052 1,052 Total $ 139,707 $ — $ 139,707 $ 139,707 As of December 31, 2022, the Company’s cash and cash equivalents balances were as follows: Gross Cash and Unrealized Fair Cash Cost Losses Value Equivalents Cash $ 183,381 $ — $ 183,381 $ 183,381 Level 1: Money market funds 1,042 — 1,042 1,042 Total $ 184,423 $ — $ 184,423 $ 184,423 Contingent Consideration On September 14, 2021 , the Company acquired 100 % of PandoLogic, Ltd. (“PandoLogic”) , a company incorporated under the laws of the state of Israel, pursuant to an Agreement and Plan of Merger dated as of July 21, 2021 (the “PandoLogic Merger Agreement”). The total purchase consideration for PandoLogic included up to $ 65,000 in contingent consideration based on achieving certain earnouts tied to financial performance of PandoLogic in fiscal 2021 and 2022, which amount will be paid in a combination of cash and common stock (the “PandoLogic Earnout”). All of the Company’s contingent consideration liabilities are categorized as Level 3 within the fair value hierarchy. Contingent consideration for the PandoLogic acquisition was valued at the time of acquisition using Monte Carlo simulation models. These models incorporate contractual terms and assumptions regarding financial forecasts for PandoLogic, discount rates, and volatility of forecasted revenue. The value of the Company’s contingent consideration would increase if a lower discount rate was used and would decrease if a higher discount rate was used. Similarly, a higher revenue volatility assumption would increase the value of the contingent consideration, and a lower revenue volatility assumption would decrease the value of the contingent consideration. Contingent consideration for the March 2022 Acquisition was valued using a simple probability of achievement model, with the probability of achievement based on management’s forecasted outcomes for 2022 and 2023 fiscal year results for the acquired entity. The development and determination of the unobservable inputs for Level 3 fair value measurements and fair value calculations are the responsibility of the Company’s management with the assistance of a third-party valuation specialist when deemed necessary. In September 2022, the Company and PandoLogic entered into an amendment to the PandoLogic Merger Agreement. This amendment provides that the 2022 PandoLogic Earnout would be no less than $ 10,825 , irrespective of the actual financial performance of PandoLogic for the 2022 PandoLogic Earnout period. Most of the 2022 PandoLogic Earnout was paid during the three months ended March 31, 2023 in a combination of cash consideration and stock consideration, with the number of shares paid equal to that stock consideration portion of the earnout amount divided by a price per share of $ 20.53 in accordance with the terms of the PandoLogic Merger Agreement. As of March 31, 2023 , $ 190 of the 2022 PandoLogic Earnout has yet to be distributed. As of March 31, 2023, the Company’s contingent consideration liabilities current and non-current balances were as follows: Changes in Amount Paid Reclass from Fair Cost Fair Value To Date Current Value Level 3: Contingent consideration, current $ 18,128 $ ( 9,979 ) $ ( 29,343 ) $ 21,384 $ 190 Contingent consideration, non-current 21,384 — — ( 21,384 ) — Total $ 39,512 $ ( 9,979 ) $ ( 29,343 ) $ — $ 190 As of December 31, 2022, the Company’s contingent consideration liabilities current and non-current balances were as follows: Changes in Amount Paid Reclass from Fair Cost Fair Value To Date Current Value Level 3: Contingent consideration, current $ 18,128 $ ( 10,629 ) $ ( 20,816 ) $ 21,384 $ 8,067 Contingent consideration, non-current 21,384 — — ( 21,384 ) — Total $ 39,512 $ ( 10,629 ) $ ( 20,816 ) $ — $ 8,067 Stock Warrants All of the Company’s outstanding stock warrants are categorized as Level 3 within the fair value hierarchy. Stock warrants have been recorded at their fair value using either a probability weighted expected return model, the Monte Carlo simulation model or the Black-Scholes option-pricing model. These models incorporate contractual terms, maturity, risk-free interest rates and volatility. The value of the Company’s stock warrants would increase if a higher risk-free interest rate was used and would decrease if a lower risk-free interest rate was used. Similarly, a higher volatility assumption would increase the value of the stock warrants, and a lower volatility assumption would decrease the value of the stock warrants. The development and determination of the unobservable inputs for Level 3 fair value measurements and fair value calculations are the responsibility of the Company’s management with the assistance of a third-party valuation specialist. Investments The Company holds a strategic investment in a technology company that was determined to not have a readily determinable fair value. This investment is carried at cost of $ 2,750 on our condensed consolidated balance sheet within other assets as of March 31, 2023 and December 31, 2022. The Company monitors this investment to determine whether an other-than-temporary decline in value indicates that impairment charges may be required. No impairment was recorded for the three months ended March 31, 2023 . The Company will also re-measure its investment if there is an observable transaction in a similar class of security to our investment.

Goodwill and Intangible Assets,

Goodwill and Intangible Assets, Net	3 Months Ended
	Mar. 31, 2023
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets, Net	NOTE 7. GOODWILL AND INTANGIBLE ASSETS, NET Goodwill The carrying amount of goodwill was $ 46,460 as of March 31, 2023 and $ 46,498 as of December 31, 2022. Goodwill Balance at December 31, 2022 $ 46,498 Foreign currency translation/other ( 38 ) Balance at March 31, 2023 $ 46,460 Intangible Assets The following table sets forth the Company’s finite-lived intangible assets resulting from business acquisitions and other purchases, which continue to be amortized: March 31, December 31, Weighted Gross Accumulated Net Gross Accumulated Net Software and technology 0.0 $ 3,582 $ ( 3,582 ) $ — $ 3,582 $ ( 3,582 ) $ — Licensed technology 0.0 500 ( 500 ) — 500 ( 500 ) — Developed technology 1.8 33,800 ( 17,592 ) 16,208 33,800 ( 15,512 ) 18,288 Customer and supplier relationships 4.6 81,800 ( 25,015 ) 56,785 81,800 ( 22,091 ) 59,709 Noncompete agreements 0.0 800 ( 800 ) — 800 ( 800 ) — Trademarks and trade names 3.8 2,300 ( 738 ) 1,562 2,300 ( 633 ) 1,667 Total 3.6 $ 122,782 $ ( 48,227 ) $ 74,555 $ 122,782 $ ( 43,118 ) $ 79,664 The following table presents future amortization of the Company’s finite-lived intangible assets as of March 31, 2023: 2023 (nine months) $ 15,336 2024 17,957 2025 15,507 2026 10,574 2027 8,907 Thereafter 6,274 Total $ 74,555

Consolidated Financial Statemen

Consolidated Financial Statements Details	3 Months Ended
	Mar. 31, 2023
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Consolidated Financial Statements Details	NOTE 8. CONSOLIDATED FINANCIAL STATEMENTS DETAILS Consolidated Balance Sheets Details Cash and cash equivalents As of March 31, 2023 and December 31, 2022, the Company had cash and cash equivalents of $ 139,707 and $ 184,423 , respectively, including $ 67,943 and $ 93,118 , respectively, of cash received from advertising customers for future payments to vendors. Accounts Receivable, Net and Allowance for Credit Losses Accounts receivable consisted of the following: As of March 31, December 31, Accounts receivable — Managed Services (1) $ 29,884 $ 27,670 Accounts receivable — Software Products & Services (2) 18,442 26,969 Accounts receivable — Other 6,490 2,181 54,816 56,820 Less: allowance for expected credit losses ( 745 ) ( 819 ) Accounts receivable, net $ 54,071 $ 56,001 (1) Accounts receivable – Managed Services reflects the amounts due from the Company’s advertising customers. (2) Accounts receivable – Software Products & Services reflects the amounts due from the Company’s hiring solutions customers. Allowance for Credit Losses Accounting The Company maintains an allowance for expected credit losses in order to record accounts receivable at their net realizable value. Inherent in the assessment of the allowance for credit losses are certain judgments and estimates relating to, among other things, the Company’s customers’ access to capital, customers’ willingness and ability to pay, general economic conditions and the ongoing relationship with customers. The Company calculates the expected credit losses on a pool basis for those receivables that have similar risk characteristics aligned with the types of accounts receivable listed in the accounts receivable table above. Allowances have been recorded for receivables believed to be uncollectible, including amounts for the resolution of potential credit and other collection issues. The allowance for expected credit losses is determined by analyzing the Company’s historical write-offs and the current aging of receivables. Adjustments to the allowance may be required in future periods depending on how issues considered such as the financial condition of customers and the general economic climate may change or if the financial condition of the Company’s customers were to deteriorate resulting in an impairment of their ability to make payments. The Company has not historically had material write-offs due to uncollectible accounts receivable. Property, Equipment and Improvements, Net Property, equipment and improvements, net consisted of the following: As of March 31, December 31, Property and equipment $ 10,074 $ 8,532 Leasehold improvements 254 250 10,328 8,782 Less: accumulated depreciation ( 3,934 ) ( 3,491 ) Property, equipment and improvements, net $ 6,394 $ 5,291 Depreciation expense was $ 478 and $ 198 for the three months ended March 31, 2023 and 2022, respectively. Of the $ 10,074 in property and equipment as of March 31, 2023 , $ 1,934 consisted of work in progress not yet placed in service for internal use software development costs. Depreciation of internal use software development costs was $ 282 and $ 41 for the three months ended March 31, 2023 and 2022, respectively. Accounts Payable Accounts payable consisted of the following: As of March 31, December 31, Accounts payable — Managed Services (1) $ 27,903 $ 17,972 Accounts payable — Other 10,112 18,766 Total $ 38,015 $ 36,738 (1) Accounts payable – Managed Services reflects the amounts due to media vendors for advertisements placed on behalf of the Company’s advertising clients. Consolidated Statements of Operations and Comprehensive Loss Details Revenue Revenue for the periods presented were comprised of the following: Three Months Ended 2023 2022 Commercial Enterprise $ 28,868 $ 33,626 Government & Regulated Industries 1,395 781 Total revenue $ 30,263 $ 34,407 The Company serves two customer groups: (1) Commercial Enterprise, which today consists of customers in the commercial sector, including media and entertainment customers, advertising customers, content licensing customers and PandoLogic customers; and (2) Government & Regulated Industries, which today consists of customers in the government and regulated industries sectors, including state, local and federal government, legal, and compliance customers. Software Products & Services consists of revenue generated from the Company’s aiWARE platform and PandoLogic’s talent acquisition solutions, any related support and maintenance services, and any related professional services associated with the deployment and or implementation of such solutions. Managed Services consists of revenues generated from content licensing customers and advertising agency customers and related services. The table below illustrates the presentation of our revenues based on the above definitions: Three Months Ended Government & Commercial Regulated Enterprise Industries Total Total Software Products & Services $ 12,732 $ 1,395 $ 14,127 Managed Services Advertising 10,535 — 10,535 Licensing 5,601 — 5,601 Total Managed Services 16,136 — 16,136 Total Revenue $ 28,868 $ 1,395 $ 30,263 Three Months Ended Government & Commercial Regulated Enterprise Industries Total Total Software Products & Services $ 17,386 $ 781 $ 18,167 Managed Services Advertising 10,968 — 10,968 Licensing 5,272 — 5,272 Total Managed Services 16,240 — 16,240 Total Revenue $ 33,626 $ 781 $ 34,407 Other Income (Expense), Net Other income (expense), net for the periods presented was comprised of the following: Three Months Ended 2023 2022 Interest expense, net $ ( 805 ) $ ( 1,182 ) Other 1,160 ( 4 ) Other income (expense), net $ 355 $ ( 1,186 ) Other in the table above consists primarily of foreign exchange gain of $ 1.2 million. Provision for Income Taxes The provision or benefit from income taxes for interim periods is determined using an estimate of the Company’s annual effective tax rate, adjusted for discrete items, if any, that are taken into account in the relevant period. Each quarter, the Company updates the estimate of the annual effective tax rate, and if the estimated tax rate changes, the Company records a cumulative adjustment. The Company’s effective tax rate for the three months ended March 31, 2023 and 2022 was 1.2 % and ( 0.6 )%, respectiv ely. The difference between the effective tax rate and the U.S. federal statutory rate of 21% is primarily due to a valuation allowance established on the majority of the Company’s federal and state net deferred tax assets. The change in our year-to-date effective tax rate is primarily driven by year-to-date losses generated by the Company’s foreign subsidiary. As of March 31, 2023, the Company continues to provide a valuation allowance against all federal and state deferred tax assets. The Company continues to evaluate the realizability of deferred tax assets and the related valuation allowance. If the Company’s assessment of the deferred tax assets or the corresponding valuation allowance were to change, the Company would record the related adjustment to income during the period in which the determination is made. The Company is subject to taxation in the United States, Israel, the United Kingdom, and various U.S. states. In general, the U.S. federal statute of limitations is three years. However, the Internal Revenue Service may still adjust a tax loss or credit carryover in the year the tax loss or credit carryover is utilized. As such, the Company’s U.S. federal tax returns and state tax returns are open for examination since inception. The Israeli statute of limitations period is generally three years commencing at the end of the year in which the return was filed. The Company is not currently under examination from income tax authorities in the jurisdictions in which the Company does business. On August 16, 2022, the U.S. government enacted the Inflation Reduction Act (“IRA”) which, among other things, implements a 15 % corporate alternative minimum tax based on the adjusted financial statement income for certain large corporations and a 1 % excise tax on net share repurchases. The minimum tax and excise tax, if applicable, are effective for fiscal years beginning after December 31, 2022. The Company does not expect the IRA to have a material impact on its financial position, results of operations or cash flows. The Company will continue to monitor additional future guidance from the IRS.

Leases, Commitments and Conting

Leases, Commitments and Contingencies	3 Months Ended
	Mar. 31, 2023
Leases Commitments And Contingencies [Abstract]
Leases, Commitments and Contingencies	NOTE 9. LEASES, COMMITMENTS AND CONTINGENCIES Leases Lease Costs As of March 31, 2023, on its condensed consolidated balance sheet the Compa ny had right-of-use assets of $ 1,956 recorded within other assets , the current portion of operating lease liabilities of $ 2,326 recorded within other accrued liabilities , and the non-current portion of operating lease liabilities of $ 1,302 recorded within other non-current liabilities . As of December 31, 2022, on its condensed consolidated balance sheet the Compa ny had right-of-use assets of $ 1,755 recorded within other assets , the current portion of operating lease liabilities of $ 2,112 recorded within other accrued liabilities , and the non-current portion of operating lease liabilities of $ 1,510 recorded within other non-current liabilities . The Company made cash payments for its operatin g leases of $ 635 and $ 652 for the three months ended March 31, 2023 and 2022, respectively, all of which were included in cash flows from operating activities within the condensed consolidated statements of cash flows. The Company’s operating leases have a weighted average remaining lease term of 1.7 years and weighted average discount rate of 8.1 %. The total rent expense for all operating leases was $ 546 and $ 506 for the three months ended March 31, 2023 and 2022, respectively, with short-term leases making up an immaterial portion of such expenses. F or its sublease, the Company recorded sublease income of $ 277 and $ 277 for the three months ended March 31, 2023 and 2022, respectively. Lease Commitments Future undiscounted lease payments for the Company’s operating lease liabilities, a reconciliation of these payments to its operating lease liabilities, and related sublease income at March 31, 2023 are as follows: Years ended December 31, 2023 (nine months) $ 1,818 2024 2,085 2025 24 Total future minimum lease payments, including short-term leases 3,927 Less: future minimum lease payments for short-term leases ( 89 ) Less: imputed interest ( 210 ) Present value of future minimum lease payments, excluding short-term leases $ 3,628 Less: current portion of operating lease liabilities ( 2,326 ) Non-current portion of operating lease liabilities 1,302 Years ended December 31, Sublease Income 2023 (nine months) $ 1,001 2024 1,034 Total sublease income $ 2,035 Purchase Consideration In connection with the Marc h 2022 Acquisition, the Company committed to make purchase consideration payments of $ 1,500 within ten days of the first anniversary of the closing date of the acquisition and an additional $ 1,500 within ten days of the second anniversary of the closing date of the acquisition. The first payment of $ 1,500 was made during the three months ended March 31, 2023 . In connection with its VocaliD acquisition, the Company committed to make purchase consideration payments of $ 1,000 on the first anniversary of the closing date of the acquisition and an additional $ 1,000 on the 18- month anniversary of the closing date of the acquisition. In connection with its VSL acquisition, the Company committed to make a purchase consideration payment of $ 300 on the 18-month anniversary of the closing date of the acquisition. Refer to Note 3 for further details. Other Contingencies From time to time, the Company may be involved in litigation relating to claims arising out of its operations in the normal course of business. The Company currently is not a party to any legal proceedings, the adverse outcome of which, in management’s opinion, individually or in the aggregate, would have a material adverse effect on the Company’s results of operations, financial position or cash flows.

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	Mar. 31, 2023
Equity [Abstract]
Stockholders' Equity	NOTE 10. STOCKHOLDERS’ EQUITY Common Stock Issuances During the three months ended March 31, 2023 and 2022 , the Company issued an aggregate of 355,790 and 615,703 shares of its common stock, respectively, in connection with the exercise of stock options, issuance of stock awards and vesting of restricted stock units under its stock incentive plans and stock purchases under its Employee Stock Purchase Plan (the “ESPP”). During the three months ended March 31, 2023 and 2022 , the Company issued a total of 135,800 and 352,330 shares of its common stock, respectively, in connection with the contingent consideration arrangement related to the acquisition of PandoLogic. During the three months ended March 31, 2022 , the Company issued a total of 116,550 shares of its common stock in connection with the March 2022 Acquisition.

Stock Plans

Stock Plans	3 Months Ended
	Mar. 31, 2023
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stock Plans	NOTE 11. STOCK PLANS Stock-Based Compensation During the three months ended March 31, 2023 and 2022, the Company granted options to purc hase an aggregate of 226,966 and 480,850 shares o f its common stock that are subject to time-based vesting conditions, respectively. The Company valued these stock options using the Black-Scholes Merton option pricing model. The following assumptions were used to compute the grant date fair values of the stock options granted during the three months ended March 31, 2023 and 2022: Three Months Ended 2023 2022 Expected term (in years) 6.8 6.1 Expected volatility 91 % 82 % Risk-free interest rate 3.6 % 1.8 % Expected dividend yield — — The assumptions used in calculating the fair values of purchase rights granted under the ESPP during the three months ended March 31, 2023 and 2022 are set forth in the table below: Three Months Ended 2023 2022 Expected term (in years) 0.5 - 2.0 0.5 - 2.0 Expected volatility 71 % - 101 % 71 % - 88 % Risk-free interest rate 0.1 % - 4.8 % 0.2 % - 2.4 % Expected dividend yield — — The Company’s stock-based compensation expense by type of award and by operating expense grouping are presented below: Three Months Ended 2023 2022 Stock-based compensation expense by type of award: Restricted stock units $ 2,168 $ 3,432 Performance-based stock units 328 — Stock options 971 1,273 Employee stock purchase plan 450 92 Common stock issued for services — 19 Total stock-based compensation expense $ 3,917 $ 4,816 Stock-based compensation expense by operating expense grouping: Cost of revenue $ 20 $ 20 Sales and marketing 176 463 Research and development 1,542 1,004 General and administrative 2,179 3,329 Total stock-based compensation expense $ 3,917 $ 4,816 Stock-based compensation capitalized for internal-use software was $ 134 and $ 33 for the three months ended March 31, 2023 and 2022, respectively. Equity Award Activity Under Stock Plans Performance Stock Units On January 4, 2023, the Company entered into a consulting agreement (the “Steel Holdings Consulting Agreement”) with Steel Holdings, LLC, an affiliate of Chad Steelberg, our former Chief Executive Officer and current Chairman of the Company’s Board of Directors (the “Board”), as further described in Note 12. In connection with the Steel Holdings Consulting Agreement, on January 11, 2023 the Compensation Committee of the Board (the “Compensation Committee”) approved a grant of 118,460 performance stock units (the “Steel Holdings Consulting PSUs”) that vest upon the achievement of certain performance milestones. The Steel Holdings Consulting PSUs will expire 6 months after the Steel Holdings Consulting Agreement terminates. On March 16, 2023, the Compensation Committee approved a grant of 170,402 target performance stock units to be granted to the Company’s named executive officers (the “Senior Executive PSUs”). The awards have a grant date of March 31, 2023 and will vest based on the achievement of revenue and non-GAAP net income targets (each equally weighted) for 2023, which achievement shall then be modified (up to a 20 % increase or decrease) based on the Company’s relative total shareholder return over a three-year performance period (the “TSR Modifier”), as compared with the S&P Software and Services Select Industry Index. Based on the Company’s performance, the Company’s named executive officers may earn from 0 % to 200 % of the target number of shares of the Senior Executive PSUs. The Senior Executive PSUs, to the extent earned, will vest on the date the Board certifies the TSR Modifier for the three-year performance period ending December 31, 2025 and the number of Senior Executive PSUs that will vest as of such certification, all of which will occur within 90 days of the end of the performance period ending December 31, 2025 . Compensation costs recognized on the Senior Executive PSUs are adjusted, as applicable, for performance above or below the target specified in the award. The Company’s performance stock unit activity for the three months ended March 31, 2023 was as follows: Weighted Average Grant Shares Date Fair Value Unvested at December 31, 2022 — N/A Granted 288,862 $ 5.88 Unvested at March 31, 2023 288,862 $ 5.88 Restricted Stock Units The Company’s restricted stock unit activity for the three months ended March 31, 2023 was as follows: Weighted Average Grant Shares Date Fair Value Unvested at December 31, 2022 1,048,834 $ 15.28 Granted 517,554 $ 6.03 Forfeited ( 27,994 ) $ 22.79 Vested ( 361,532 ) $ 16.71 Unvested at March 31, 2023 1,176,862 $ 12.07 As of March 31, 2023, total unrecognized compens ation cost related to restricted stock units was $ 10,590 , which is expected to be recognized over a weighted average period of 2.17 years. Performance-Based Stock Options The activity during the three months ended March 31, 2023 related to stock options that are subject to performance-based vesting conditions tied to the achievement of stock price goals by the Company was as follows: Weighted-Average Remaining Aggregate Exercise Contractual Intrinsic Options Price Term Value Outstanding at December 31, 2022 3,762,679 $ 11.15 Exercised ( 7,000 ) $ 6.11 Expired ( 14,040 ) $ 5.75 Outstanding at March 31, 2023 3,741,639 $ 11.18 5.3 years $ 76 Exercisable at March 31, 2023 3,741,639 $ 11.18 5.3 years $ 76 The aggregate intrinsic value of the options exercised during the three months ended March 31, 2023 and 2022 was $ 5 and $ 221 , respectively. No performance-based stock options were granted during the three months ended March 31, 2023 and 2022 and no performance-based stock options vested during the three months ended March 31, 2023. Stock Options The activity during the three months ended March 31, 2023 related to all other stock options was as follows: Weighted-Average Remaining Aggregate Exercise Contractual Intrinsic Options Price Term Value Outstanding at December 31, 2022 5,867,785 $ 14.53 Granted 226,966 $ 5.31 Exercised ( 12,979 ) $ 6.11 Forfeited ( 67,559 ) $ 22.50 Expired ( 33,471 ) $ 12.57 Outstanding at March 31, 2023 5,980,742 $ 14.12 5.6 years $ 1,624 Exercisable at March 31, 2023 4,708,690 $ 14.23 4.6 years $ 1,242 The weighted average grant date fair value of stock options granted during the three months ended March 31, 2023 and 2022 wa s $ 4.21 and $ 11.36 p er share, respectively. The aggregate intrinsic value of the stock options exercised during the three months ended March 31, 2023 and 2022 was $ 10 and $ 163 , respectively. The total grant date fair value of stock options vested during the three months ended March 31, 2023 and 2022 was $ 1,584 and $ 1,085 , respectively. At March 31, 2023 , total unrecognized compensation expense related to stock options was $ 11,711 and is expected to be recognized over a weighted average period of 2.6 years. The aggregate intrinsic values in the tables above represent the difference between the fair market value of the Company’s common stock and the average option exercise price of in-the-money options, multiplied by the number of such stock options. Employee Stock Purchase Plan During the three months ended March 31, 2023 , a total of 87,895 shares of common stock were purchased under the ESPP. As of March 31, 2023 and December 31, 2022 , accrued employee contributions for future purchases under the ESPP totaled $ 248 and $ 595 , respectively.

Related Party Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2023
Related Party Transactions [Abstract]
Related Party Transactions	NOTE 12. RELATED PARTY TRANSACTIONS On January 4, 2023, the Company entered into the Steel Holdings Consulting Agreement with Steel Holdings, LLC, effective as of January 1, 2023. Steel Holdings, LLC is an entity affiliated with Chad Steelberg, our current Chairman of the Board and former Chief Executive Officer effective as of December 31, 2022. Under the Steel Holdings Consulting Agreement, the Company retained Mr. Steelberg as a consultant to provide ongoing Chief Executive Officer transition services and to manage and oversee the further development of the Company’s aiWARE platform. During the three months ended March 31, 2023 t he Company recorded a research and development expense of $ 155 for consulting fees and reimbursements for reasonable and documented expenses, $ 394 for variable consultant performance bonus expense and $ 328 in stock-based compensation expense for the Steel Holdings Consulting PSUs. There were no other related party transactions during the three months ended March 31, 2023 and 2022 .

Presentation and Summary of S_2

Presentation and Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) for interim financial statements and the rules and regulations of the Securities and Exchange Commission (the “SEC”). Accordingly, they do not contain all information and footnotes required by GAAP for annual financial statements. Such unaudited condensed consolidated financial statements and accompanying notes are based on the representations of the Company’s management, who is responsible for their integrity and objectivity. The information included in this Form 10-Q should be read in conjunction with the information included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022, filed with the SEC on March 16, 2023. Interim results for the three months ended March 31, 2023 are not necessarily indicative of the results the Company will have for the full year ending December 31, 2023. The accompanying condensed consolidated financial statements have been prepared on the same basis as the annual financial statements and, in the opinion of management, reflect all adjustments, which are normal, recurring and necessary to fairly state the Company’s financial position, results of operations and cash flows. All significant intercompany transactions have been eliminated in consolidation. The financial data and the other information disclosed in these notes to the condensed consolidated financial statements reflected in the three and nine month periods presented are unaudited. The December 31, 2022 balance sheet included herein was derived from the audited financial statements but does not include all disclosures or notes required by GAAP for complete financial statements.
Liquidity and Capital Resources	Liquidity and Capital Resources During the years ended December 31, 2022 and 2021 , the Company generated cash flows from operations of $ 3,737 and $ 7,234 , respectively, and incurred net losses of $ 25,557 and $ 64,672 , respectively. During the three months ended March 31, 2023, the Company used cash in operations of $ 33,785 and incurred a net loss of $ 22,963 . As of March 31, 2023, the Company had an accumulated deficit of $ 394,234 . Historically, the Company has satisfied its capital needs with the net proceeds from sales of equity securities, issuances of convertible debt, and the exercise of common stock options and warrants. If the Company needs to raise additional capital in order to continue to execute its business plan, there is no assurance that additional financing will be available when needed or that management will be able to obtain financing on terms acceptable to the Company. During the three months ended March 31, 2023, the Company received net proceeds of $ 643 from the issuance of common stock under the Company’s employee stock plans, and used $ 852 for taxes paid related to net share settlement of equity awar ds and $ 7,772 for payment of the 2022 earnout for PandoLogic. Management believes that the Company’s existing balances of cash and cash equivalents, which totaled $ 139,707 as of March 31, 2023 , will be sufficient to meet its anticipated cash requirements for the next twelve months.
Use of Accounting Estimates	Use of Accounting Estimates The preparation of the accompanying condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the accompanying condensed consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. The principal estimates relate to the accounting recognition and presentation of revenue, allowance for credit losses, purchase accounting, impairment of long-lived assets, the valuation of contingent consideration, the valuation of non-cash consideration received in barter transactions and evaluation of realizability, and the valuation of stock awards and stock warrants and income taxes, where applicable. There has been uncertainty and disruption in the global economy and financial markets due to the COVID-19 pandemic, the war in Ukraine, the recent inflationary environment and rising interest rates. The Company is not aware of any specific event or circumstance that would require an update to its estimates or assumptions or a revision of the carrying value of its assets or liabilities as of the date of filing of this Quarterly Report on Form 10-Q. These estimates and assumptions may change as new events occur and additional information is obtained. As a result, actual results could differ materially from these estimates and assumptions.
Significant Customers	Significant Customers One individual customer accounted for 10 % or more of the Company’s revenue for the three months ended March 31, 2023 and 2022. Two individual customers accounted for 10 % or more of the Company’s accounts receivable as of March 31, 2023 and one individual customer accounted for 10 % or more of the Company’s accounts receivable as of December 31, 2022 .
Remaining Performance Obligations	Remaining Performance Obligations As of March 31, 2023, the aggregate amount of the transaction prices under the Company’s contracts allocated to the Company’s remaining performance obligations w as $ 5,888 , approximately 49 % of which the C ompany expects to recognize as revenue over the next twelve months , and the remainder thereafter. This aggregate amount excludes amounts allocated to remaining performance obligations under contracts that have an original duration of one year or less and variable consideration that is allocated to remaining performance obligations . Excluded based on this policy are balances related to hiring solutions representing gross purchase orders to be satisfied in less than one year. Revenues will be recognized net of costs to fulfill these orders.
Assets and Liabilities Held for Sale	Assets and Liabilities Held for Sale The Company determined that its energy group met the held for sale criteria under GAAP as of March 31, 2023. The potential sale of the energy group would not qualify as discontinued operations as of that date because the disposal would not have a major effect on the Company’s operations and financial results. As of March 31, 2023 , the Company classified $ 20 as assets held for sale within prepaid expenses and other current assets and $ 11 as liabilities held for sale within other accrued liabilities on its condensed consolidated balance sheet.
Segment Information	Segment Information The Company operates as one reportable segment. The Company reports segment information based on the internal reporting used by the chief operating decision maker for making decisions and assessing performance as the source of the Company’s reportable segments. As of January 1, 2023, Chad Steelberg, who had served as the Company’s chief operating decision maker during the year ended December 31, 2022, resigned as the Company’s Chief Executive Officer effective as of December 31, 2022. Ryan Steelberg was appointed by the Company’s Board of Directors as President and Chief Executive Officer, effective as of January 1, 2023, and serves as the chief operating decision maker of the Company. Despite the change in the chief operating decision maker, the Company determined no change to segment reporting was necessary as there was no change in the components of the Company for which separate financial information is regularly evaluated.
Significant Accounting Policies	Significant Accounting Policies There have been no material changes in the Company’s significant accounting policies from those disclosed in its Annual Report on Form 10-K for the year ended December 31, 2022, other than those associated with the recently adopted guidance on accounting for expected credit losses as further described in Note 8 .
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements In September 2016, the FASB issued ASU No. 2016-13, Financial Instruments – Credit Losses (Topic 326) which requires measurement and recognition of expected credit losses for financial assets held. This standard will be effective for the Company beginning in the first quarter of fiscal year 2023, and early adoption is permitted. The Company adopted this guidance on January 1, 2023 and the impact of the adoption was not material to our consolidated financial statements as credit losses are not expected to be significant based on historical collection trends, the financial condition of payment partners, and external market factors. In October 2021, the FASB issued ASU No. 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers , which requires entities to recognize and measure contract assets and contract liabilities acquired in a business combination in accordance with ASC Topic 606, Revenue from Contracts with Customers , in order to align the recognition of a contract liability with the definition of a performance obligation. The Company adopted this guidance on January 1, 2023. The adoption of this guidance did not have a material impact on the Company’s consolidated financial statements.
Allowance for Credit Losses Accounting	Allowance for Credit Losses Accounting The Company maintains an allowance for expected credit losses in order to record accounts receivable at their net realizable value. Inherent in the assessment of the allowance for credit losses are certain judgments and estimates relating to, among other things, the Company’s customers’ access to capital, customers’ willingness and ability to pay, general economic conditions and the ongoing relationship with customers. The Company calculates the expected credit losses on a pool basis for those receivables that have similar risk characteristics aligned with the types of accounts receivable listed in the accounts receivable table above. Allowances have been recorded for receivables believed to be uncollectible, including amounts for the resolution of potential credit and other collection issues. The allowance for expected credit losses is determined by analyzing the Company’s historical write-offs and the current aging of receivables. Adjustments to the allowance may be required in future periods depending on how issues considered such as the financial condition of customers and the general economic climate may change or if the financial condition of the Company’s customers were to deteriorate resulting in an impairment of their ability to make payments. The Company has not historically had material write-offs due to uncollectible accounts receivable.

Business Combinations (Tables)

Business Combinations (Tables)	3 Months Ended
	Mar. 31, 2023
VSL Acquisition [Member]
Summary of Allocation of Acquisition & Merger Consideration	The following table summarizes the fair value of the VSL Acquisition Consideration (in thousands): VSL Acquisition Consideration Amount Cash consideration at closing $ 1,700 Deferred consideration 252 Total $ 1,952 The allocation of the VSL Acquisition Consideration to tangible and intangible assets acquired and liabilities assumed is based on estimated fair values and is as follows (in thousands): Allocation of VSL Acquisition Consideration** Amount Accounts receivable, net $ 57 Property, equipment and improvements, net 13 Intangible assets 1,500 Total assets acquired 1,570 Accrued expenses and other current liabilities 32 Total liabilities assumed 32 Identifiable net assets acquired 1,538 Goodwill 414 Total purchase consideration $ 1,952 **The excess of the total consideration over the tangible assets, identifiable intangible assets, and assumed liabilities is recorded as goodwill. Goodwill is primarily attributable to the assembled workforce. All goodwill generated from the acquisition is tax deductible.
VocaliD [Member]
Summary of Allocation of Acquisition & Merger Consideration	The following table summarizes the fair value of the VocaliD Acquisition Consideration (in thousands): VocaliD Acquisition Consideration Amount Cash consideration at closing $ 1,609 Deferred consideration 1,785 Net working capital adjustment ( 10 ) Total $ 3,384 The allocation of the VocaliD Acquisition Consideration to tangible and intangible assets acquired and liabilities assumed is based on estimated fair values and is as follows (in thousands): Allocation of VocaliD Acquisition Consideration** Amount Cash $ 216 Intangible assets 2,700 Total assets acquired 2,916 Accounts payable 6 Accrued expenses and other current liabilities 33 Deferred tax liability 663 Total liabilities assumed 702 Identifiable net assets acquired 2,214 Goodwill 1,170 Total purchase consideration $ 3,384
March 2022 Acquisition [Member]
Summary of Allocation of Acquisition & Merger Consideration	The following table summarizes the fair value of the March 2022 Acquisition Consideration (in thousands): March 2022 Acquisition Consideration Amount Cash consideration at closing $ 1,500 Equity consideration at closing 1,929 Deferred consideration 2,707 Acquired cash 684 Settlement of pre-existing receivable ( 976 ) Net working capital adjustment 37 Total $ 5,881 The allocation of the March 2022 Acquisition Consideration to tangible and intangible assets acquired and liabilities assumed is based on estimated fair values and is as follows (in thousands): Allocation of March 2022 Acquisition Consideration** Amount Cash $ 715 Accounts receivable 1,088 Prepaid and other current assets 120 Property and equipment 53 Intangible assets 2,700 Other assets 247 Total assets acquired 4,923 Accounts payable 18 Accrued expenses and other current liabilities 1,788 Operating lease liabilities, non-current 140 Total liabilities assumed 1,946 Identifiable net assets acquired 2,977 Goodwill 2,904 Total purchase consideration $ 5,881
Summary of Valuation of Intangible Assets	The valuation of the intangible assets acquired along with their estimated useful lives, is as follows (in thousands): Estimated Estimated Useful Lives (in years) Influencer network $ 1,200 5 Trade name 200 10 Brand relationships 1,300 3 Total intangible assets $ 2,700

Net Loss Per Share (Tables)

Net Loss Per Share (Tables)	3 Months Ended
	Mar. 31, 2023
Earnings Per Share [Abstract]
Computation of Basic and Diluted Net Loss Per Common Share	The following table presents the computation of basic and diluted net loss per share: Three Months Ended 2023 2022 Numerator Net loss $ ( 22,963 ) $ ( 22,129 ) Denominator Weighted-average common shares outstanding 36,587,946 35,478,676 Less: Weighted-average shares subject to repurchase — ( 1,728 ) Denominator for basic and diluted net loss per share attributable to common stockholders 36,587,946 35,476,948 Basic and diluted net loss per share $ ( 0.63 ) $ ( 0.62 )
Effect of Anti-dilutive Securities	The table below presents the weighted-average securities (in common equivalent shares) outstanding during the periods presented that have been excluded from the calculation of diluted net loss per share because their effect would be anti-dilutive: Three Months Ended 2023 2022 Common stock options, restricted stock units and performance stock units 10,755,833 10,025,447 Warrants to purchase common stock 496,612 496,612 Common stock issuable in connection with convertible senior notes 3,842,961 5,475,369 15,095,406 15,997,428

Financial Instruments (Tables)

Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2023
Investments All Other Investments [Abstract]
Schedule of Cash and Cash Equivalents	The Company’s money market funds are categorized as Level 1 within the fair value hierarchy. As of March 31, 2023, the Company’s cash and cash equivalents were as follows: Gross Cash and Unrealized Fair Cash Cost Losses Value Equivalents Cash $ 138,655 $ — $ 138,655 $ 138,655 Level 1: Money market funds 1,052 — 1,052 1,052 Total $ 139,707 $ — $ 139,707 $ 139,707 As of December 31, 2022, the Company’s cash and cash equivalents balances were as follows: Gross Cash and Unrealized Fair Cash Cost Losses Value Equivalents Cash $ 183,381 $ — $ 183,381 $ 183,381 Level 1: Money market funds 1,042 — 1,042 1,042 Total $ 184,423 $ — $ 184,423 $ 184,423
Schedule of Contingent Consideration Liabilities Current and Non-current Balances	As of March 31, 2023, the Company’s contingent consideration liabilities current and non-current balances were as follows: Changes in Amount Paid Reclass from Fair Cost Fair Value To Date Current Value Level 3: Contingent consideration, current $ 18,128 $ ( 9,979 ) $ ( 29,343 ) $ 21,384 $ 190 Contingent consideration, non-current 21,384 — — ( 21,384 ) — Total $ 39,512 $ ( 9,979 ) $ ( 29,343 ) $ — $ 190 As of December 31, 2022, the Company’s contingent consideration liabilities current and non-current balances were as follows: Changes in Amount Paid Reclass from Fair Cost Fair Value To Date Current Value Level 3: Contingent consideration, current $ 18,128 $ ( 10,629 ) $ ( 20,816 ) $ 21,384 $ 8,067 Contingent consideration, non-current 21,384 — — ( 21,384 ) — Total $ 39,512 $ ( 10,629 ) $ ( 20,816 ) $ — $ 8,067

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets, Net (Tables)	3 Months Ended
	Mar. 31, 2023
Goodwill And Intangible Assets Disclosure [Abstract]
Schedule of Carrying Amount of Goodwill	The carrying amount of goodwill was $ 46,460 as of March 31, 2023 and $ 46,498 as of December 31, 2022. Goodwill Balance at December 31, 2022 $ 46,498 Foreign currency translation/other ( 38 ) Balance at March 31, 2023 $ 46,460
Summary of Finite-Lived Intangible Assets Resulting from Business Acquisitions and Other Purchases	The following table sets forth the Company’s finite-lived intangible assets resulting from business acquisitions and other purchases, which continue to be amortized: March 31, December 31, Weighted Gross Accumulated Net Gross Accumulated Net Software and technology 0.0 $ 3,582 $ ( 3,582 ) $ — $ 3,582 $ ( 3,582 ) $ — Licensed technology 0.0 500 ( 500 ) — 500 ( 500 ) — Developed technology 1.8 33,800 ( 17,592 ) 16,208 33,800 ( 15,512 ) 18,288 Customer and supplier relationships 4.6 81,800 ( 25,015 ) 56,785 81,800 ( 22,091 ) 59,709 Noncompete agreements 0.0 800 ( 800 ) — 800 ( 800 ) — Trademarks and trade names 3.8 2,300 ( 738 ) 1,562 2,300 ( 633 ) 1,667 Total 3.6 $ 122,782 $ ( 48,227 ) $ 74,555 $ 122,782 $ ( 43,118 ) $ 79,664
Summary of Future Amortization of Finite-Lived Intangible Assets	The following table presents future amortization of the Company’s finite-lived intangible assets as of March 31, 2023: 2023 (nine months) $ 15,336 2024 17,957 2025 15,507 2026 10,574 2027 8,907 Thereafter 6,274 Total $ 74,555

Consolidated Financial Statem_2

Consolidated Financial Statements Details (Tables)	3 Months Ended
	Mar. 31, 2023
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Summary of Accounts Receivable, Net	Accounts receivable consisted of the following: As of March 31, December 31, Accounts receivable — Managed Services (1) $ 29,884 $ 27,670 Accounts receivable — Software Products & Services (2) 18,442 26,969 Accounts receivable — Other 6,490 2,181 54,816 56,820 Less: allowance for expected credit losses ( 745 ) ( 819 ) Accounts receivable, net $ 54,071 $ 56,001 (1) Accounts receivable – Managed Services reflects the amounts due from the Company’s advertising customers. (2) Accounts receivable – Software Products & Services reflects the amounts due from the Company’s hiring solutions customers.
Summary of Property Equipment and Improvements, Net	Property, equipment and improvements, net consisted of the following: As of March 31, December 31, Property and equipment $ 10,074 $ 8,532 Leasehold improvements 254 250 10,328 8,782 Less: accumulated depreciation ( 3,934 ) ( 3,491 ) Property, equipment and improvements, net $ 6,394 $ 5,291
Summary of Accounts Payable	Accounts payable consisted of the following: As of March 31, December 31, Accounts payable — Managed Services (1) $ 27,903 $ 17,972 Accounts payable — Other 10,112 18,766 Total $ 38,015 $ 36,738 (1) Accounts payable – Managed Services reflects the amounts due to media vendors for advertisements placed on behalf of the Company’s advertising clients.
Summary of Revenue	Revenue for the periods presented were comprised of the following: Three Months Ended 2023 2022 Commercial Enterprise $ 28,868 $ 33,626 Government & Regulated Industries 1,395 781 Total revenue $ 30,263 $ 34,407
Summary of Presentation of Revenues	The table below illustrates the presentation of our revenues based on the above definitions: Three Months Ended Government & Commercial Regulated Enterprise Industries Total Total Software Products & Services $ 12,732 $ 1,395 $ 14,127 Managed Services Advertising 10,535 — 10,535 Licensing 5,601 — 5,601 Total Managed Services 16,136 — 16,136 Total Revenue $ 28,868 $ 1,395 $ 30,263 Three Months Ended Government & Commercial Regulated Enterprise Industries Total Total Software Products & Services $ 17,386 $ 781 $ 18,167 Managed Services Advertising 10,968 — 10,968 Licensing 5,272 — 5,272 Total Managed Services 16,240 — 16,240 Total Revenue $ 33,626 $ 781 $ 34,407
Schedule of Other Income (Expense), Net	Other income (expense), net for the periods presented was comprised of the following: Three Months Ended 2023 2022 Interest expense, net $ ( 805 ) $ ( 1,182 ) Other 1,160 ( 4 ) Other income (expense), net $ 355 $ ( 1,186 )

Leases, Commitments and Conti_2

Leases, Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2023
Leases Commitments And Contingencies [Abstract]
Summary of Future Minimum Lease Payments	Future undiscounted lease payments for the Company’s operating lease liabilities, a reconciliation of these payments to its operating lease liabilities, and related sublease income at March 31, 2023 are as follows: Years ended December 31, 2023 (nine months) $ 1,818 2024 2,085 2025 24 Total future minimum lease payments, including short-term leases 3,927 Less: future minimum lease payments for short-term leases ( 89 ) Less: imputed interest ( 210 ) Present value of future minimum lease payments, excluding short-term leases $ 3,628 Less: current portion of operating lease liabilities ( 2,326 ) Non-current portion of operating lease liabilities 1,302 Years ended December 31, Sublease Income 2023 (nine months) $ 1,001 2024 1,034 Total sublease income $ 2,035

Stock Plans (Tables)

Stock Plans (Tables)	3 Months Ended
	Mar. 31, 2023
Schedule of Stock-based Compensation Expense	The Company’s stock-based compensation expense by type of award and by operating expense grouping are presented below: Three Months Ended 2023 2022 Stock-based compensation expense by type of award: Restricted stock units $ 2,168 $ 3,432 Performance-based stock units 328 — Stock options 971 1,273 Employee stock purchase plan 450 92 Common stock issued for services — 19 Total stock-based compensation expense $ 3,917 $ 4,816 Stock-based compensation expense by operating expense grouping: Cost of revenue $ 20 $ 20 Sales and marketing 176 463 Research and development 1,542 1,004 General and administrative 2,179 3,329 Total stock-based compensation expense $ 3,917 $ 4,816
Schedule of Performance Stock Unit Activity	The Company’s performance stock unit activity for the three months ended March 31, 2023 was as follows: Weighted Average Grant Shares Date Fair Value Unvested at December 31, 2022 — N/A Granted 288,862 $ 5.88 Unvested at March 31, 2023 288,862 $ 5.88
Schedule of Restricted Stock Unit Activity	The Company’s restricted stock unit activity for the three months ended March 31, 2023 was as follows: Weighted Average Grant Shares Date Fair Value Unvested at December 31, 2022 1,048,834 $ 15.28 Granted 517,554 $ 6.03 Forfeited ( 27,994 ) $ 22.79 Vested ( 361,532 ) $ 16.71 Unvested at March 31, 2023 1,176,862 $ 12.07
Schedule of Stock Option Activity	The activity during the three months ended March 31, 2023 related to all other stock options was as follows: Weighted-Average Remaining Aggregate Exercise Contractual Intrinsic Options Price Term Value Outstanding at December 31, 2022 5,867,785 $ 14.53 Granted 226,966 $ 5.31 Exercised ( 12,979 ) $ 6.11 Forfeited ( 67,559 ) $ 22.50 Expired ( 33,471 ) $ 12.57 Outstanding at March 31, 2023 5,980,742 $ 14.12 5.6 years $ 1,624 Exercisable at March 31, 2023 4,708,690 $ 14.23 4.6 years $ 1,242
Employee Stock Purchase Plan [Member]
Summary of Fair Value Assumptions of Stock Purchase Plan	The assumptions used in calculating the fair values of purchase rights granted under the ESPP during the three months ended March 31, 2023 and 2022 are set forth in the table below: Three Months Ended 2023 2022 Expected term (in years) 0.5 - 2.0 0.5 - 2.0 Expected volatility 71 % - 101 % 71 % - 88 % Risk-free interest rate 0.1 % - 4.8 % 0.2 % - 2.4 % Expected dividend yield — —
Stock Options [Member]
Schedule of Fair Value Assumptions	The following assumptions were used to compute the grant date fair values of the stock options granted during the three months ended March 31, 2023 and 2022: Three Months Ended 2023 2022 Expected term (in years) 6.8 6.1 Expected volatility 91 % 82 % Risk-free interest rate 3.6 % 1.8 % Expected dividend yield — —
Performance-based Stock Options [Member]
Schedule of Stock Option Activity	The activity during the three months ended March 31, 2023 related to stock options that are subject to performance-based vesting conditions tied to the achievement of stock price goals by the Company was as follows: Weighted-Average Remaining Aggregate Exercise Contractual Intrinsic Options Price Term Value Outstanding at December 31, 2022 3,762,679 $ 11.15 Exercised ( 7,000 ) $ 6.11 Expired ( 14,040 ) $ 5.75 Outstanding at March 31, 2023 3,741,639 $ 11.18 5.3 years $ 76 Exercisable at March 31, 2023 3,741,639 $ 11.18 5.3 years $ 76

Presentation and Summary of S_3

Presentation and Summary of Significant Accounting Policies - Additional Information (Details) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2023 USD ($) Customer Segment	Mar. 31, 2022 USD ($)	Dec. 31, 2022 USD ($) Customer	Dec. 31, 2021 USD ($)
Significant Accounting Policies [Line Items]
Positive (negative) cash flows from operations	$ (33,785)	$ 10,134	$ 3,737	$ 7,234
Net loss	(22,963)	(22,129)	25,557	$ 64,672
Accumulated deficit	394,234		371,271
Proceeds from issuances of stock under employee stock plans, net	643	$ 569
Tax paid related to net share settlement of equity awards	852
Cash and cash equivalents	139,707		$ 184,423
Transaction price remaining performance obligations	$ 5,888
Transaction price remaining performance obligations percentage	49%
Number of reportable segment | Segment	1
prepaid expenses and other current assets [Member]
Significant Accounting Policies [Line Items]
Assets held for sale	$ 20
Other Accrued Liabilities [Member]
Significant Accounting Policies [Line Items]
Liabilities held for sale	$ 11
Sales Revenue [Member] | Customer Concentration Risk [Member]
Significant Accounting Policies [Line Items]
Number of major customers | Customer	1		1
Sales Revenue [Member] | Customer Concentration Risk [Member] | Minimum [Member]
Significant Accounting Policies [Line Items]
Concentration risk percentage	10%		10%
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Commercial Enterprise [Member]
Significant Accounting Policies [Line Items]
Number of major customers | Customer	2		2
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Commercial Enterprise [Member] | Minimum [Member]
Significant Accounting Policies [Line Items]
Concentration risk percentage	10%		10%
Pandologic Ltd [Member]
Significant Accounting Policies [Line Items]
Earnout payment	$ 7,772

Presentation and Summary of S_4

Presentation and Summary of Significant Accounting Policies - Additional Information (Details 1)	Mar. 31, 2023
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2023-04-01
Significant Accounting Policies [Line Items]
Expected Recognition of revenue over remaining contract terms	12 months

Business Combinations - Additio

Business Combinations - Additional Information (Detail) - USD ($)				1 Months Ended	3 Months Ended
	Aug. 11, 2022	Jun. 10, 2022	Mar. 01, 2022	Sep. 30, 2022	Mar. 31, 2023
Business Acquisition [Line Items]
Deferred cash payment					$ 1,500,000
Minimum [Member]
Business Acquisition [Line Items]
Contingent earnout				$ 10,825,000
VSL Acquisition [Member]
Business Acquisition [Line Items]
Total consideration	$ 1,952,000
Cash payment	1,700,000
Deferred consideration	252,000
VSL Acquisition [Member] | Developed Technology [Member]
Business Acquisition [Line Items]
Total intangible assets	$ 1,500,000
Estimated useful lives	3 years
VSL Acquisition [Member] | General and Administrative Expense [Member]
Business Acquisition [Line Items]
Acquisition related expenses	$ 272,000
VocaliD [Member]
Business Acquisition [Line Items]
Total consideration		$ 3,384,000
Cash payment		1,609,000
Deferred consideration		1,785,000
Net working capital adjustment		(10,000)
Tax deductible goodwill, acquisition		0
Deferred tax liability		663,000
VocaliD [Member] | Developed Technology [Member]
Business Acquisition [Line Items]
Total intangible assets		$ 2,700,000
Estimated useful lives		3 years
VocaliD [Member] | General and Administrative Expense [Member]
Business Acquisition [Line Items]
Acquisition related expenses		$ 200,000
March 2022 Acquisition [Member]
Business Acquisition [Line Items]
Total consideration			$ 5,881,000
Cash payment			1,500,000		$ 1,500,000
Deferred consideration			2,707,000
Net working capital adjustment			37,000
Total intangible assets			2,700,000
Equity consideration at closing			1,929,000
Settlement of pre-existing receivable			976,000
Acquired cash			684,000
Contingent earnout			$ 3,015,000
March 2022 Acquisition [Member] | Maximum [Member]
Business Acquisition [Line Items]
Estimated useful lives			10 years
March 2022 Acquisition [Member] | Minimum [Member]
Business Acquisition [Line Items]
Estimated useful lives			3 years
March 2022 Acquisition [Member] | General and Administrative Expense [Member]
Business Acquisition [Line Items]
Acquisition related expenses			$ 270,000
Stock Purchase Agreement [Member] | VSL Acquisition [Member]
Business Acquisition [Line Items]
Business acquisition, effective date of acquisition	Aug. 11, 2022
Business acquisition, name of acquired entity	VSL
Total consideration	$ 1,952,000
Cash payment	1,700,000
Deferred cash payment	300,000
Deferred consideration	$ 252,000
Stock Purchase Agreement [Member] | VocaliD [Member]
Business Acquisition [Line Items]
Business acquisition, effective date of acquisition		Jun. 10, 2022
Business acquisition, percentage of ownership interests acquired		100%
Business acquisition, name of acquired entity		VocaliD
Total consideration		$ 3,384,000
Cash payment		1,609,000
Deferred cash payment		2,000,000
Deferred consideration		1,785,000
Net working capital adjustment		$ (10,000)
Securities Purchase Agreement [Member] | March 2022 Acquisition [Member]
Business Acquisition [Line Items]
Business acquisition, effective date of acquisition			Mar. 01, 2022
Business acquisition, percentage of ownership interests acquired			100%
Business acquisition, date of acquisition agreement			Mar. 01, 2022
Total consideration			$ 5,881,000
Cash payment			1,500,000
Deferred cash payment			3,000,000
Deferred consideration			2,707,000
Net working capital adjustment			37,000
Settlement of pre-existing receivable			(976,000)
Acquired cash			684,000
Securities Purchase Agreement [Member] | March 2022 Acquisition [Member] | Maximum [Member]
Business Acquisition [Line Items]
Contingent earnout consideration			4,500,000
Securities Purchase Agreement [Member] | March 2022 Acquisition [Member] | Common Stock [Member]
Business Acquisition [Line Items]
Equity consideration at closing			$ 1,929,000
Consideration equity interest issued number of shares			116,550

Business Combinations - Summary

Business Combinations - Summary of Fair Value of Acquisition Consideration (Details) - USD ($) $ in Thousands				3 Months Ended
	Aug. 11, 2022	Jun. 10, 2022	Mar. 01, 2022	Mar. 31, 2023
VSL Acquisition [Member]
Business Acquisition [Line Items]
Cash consideration at closing	$ 1,700
Deferred consideration	252
Total	$ 1,952
VocaliD [Member]
Business Acquisition [Line Items]
Cash consideration at closing		$ 1,609
Deferred consideration		1,785
Net working capital adjustment		(10)
Total		$ 3,384
March 2022 Acquisition [Member]
Business Acquisition [Line Items]
Cash consideration at closing			$ 1,500	$ 1,500
Equity consideration at closing			1,929
Deferred consideration			2,707
Acquired cash			684
Settlement of pre-existing receivable			(976)
Net working capital adjustment			37
Total			$ 5,881

Business Combinations - Summa_2

Business Combinations - Summary of Allocation of Acquisition Consideration (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Aug. 11, 2022	Jun. 10, 2022	Mar. 01, 2022
Business Acquisition [Line Items]
Goodwill	$ 46,460	$ 46,498
VSL Acquisition [Member]
Business Acquisition [Line Items]
Accounts receivable, net			$ 57
Property, equipment and improvements, net			13
Intangible assets			1,500
Total assets acquired			1,570
Accrued expenses and other current liabilities			32
Total liabilities assumed			32
Identifiable net assets acquired			1,538
Goodwill			414
Total purchase consideration			$ 1,952
VocaliD [Member]
Business Acquisition [Line Items]
Cash				$ 216
Intangible assets				2,700
Total assets acquired				2,916
Accounts payable				6
Accrued expenses and other current liabilities				33
Deferred tax liability				663
Total liabilities assumed				702
Identifiable net assets acquired				2,214
Goodwill				1,170
Total purchase consideration				$ 3,384
March 2022 Acquisition [Member]
Business Acquisition [Line Items]
Cash					$ 715
Accounts receivable, net					1,088
Prepaid and other current assets					120
Property, equipment and improvements, net					53
Intangible assets					2,700
Other assets					247
Total assets acquired					4,923
Accounts payable					18
Accrued expenses and other current liabilities					1,788
Operating lease liabilities, non-current					140
Total liabilities assumed					1,946
Identifiable net assets acquired					2,977
Goodwill					2,904
Total purchase consideration					$ 5,881

Business Combinations - Summa_3

Business Combinations - Summary of Valuation of Intangible Assets (Details) - March 2022 Acquisition [Member] $ in Thousands	Mar. 01, 2022 USD ($)
Business Acquisition [Line Items]
Total intangible assets	$ 2,700
Minimum [Member]
Business Acquisition [Line Items]
Estimated useful lives	3 years
Maximum [Member]
Business Acquisition [Line Items]
Estimated useful lives	10 years
Influencer Network [Member]
Business Acquisition [Line Items]
Total intangible assets	$ 1,200
Estimated useful lives	5 years
Trade Name [Member]
Business Acquisition [Line Items]
Total intangible assets	$ 200
Estimated useful lives	10 years
Brand Relationships [Member]
Business Acquisition [Line Items]
Total intangible assets	$ 1,300
Estimated useful lives	3 years

Debt - Additional Information (

Debt - Additional Information (Detail)	1 Months Ended	3 Months Ended
	Nov. 30, 2021 USD ($) Days $ / shares	Mar. 31, 2023 USD ($) $ / shares	Mar. 31, 2022 USD ($)	Dec. 31, 2022 USD ($)	Nov. 16, 2021 $ / shares
Debt Instrument [Line Items]
Aggregate principal amount				$ 141,250,000
Payment for capped call transactions	$ 18,600,000
Premium over last reported sale price, percentage	75%
Sale price of common stock | $ / shares					$ 27.74
Initial cap price | $ / shares		$ 48.55
Strike price | $ / shares		$ 35.76
1.75% Convertible Senior Notes Due 2026 [Member]
Debt Instrument [Line Items]
Aggregate principal amount	$ 201,300,000
Debt instrument, interest rate	1.75%	1.75%
Additional principal amount	$ 26,250,000
Debt instrument, frequency of periodic payment		semi-annually
Debt instrument, payment terms		is payable semi-annually in arrears on May 15 and November 15 of each year, beginning on May 15, 2022
Debt Instrument, maturity date, description		The Convertible Notes will mature on November 15, 2026, unless earlier converted, redeemed, or repurchased in accordance with the terms of the Convertible Notes.
Debt Instrument, maturity date		Nov. 15, 2026
Number of trading days (whether or not consecutive) | Days	20
Number of consecutive trading days | Days	30
Percentage of conversion price	130%
Debt instrument convertible principal amount	$ 1,000,000
Debt instrument convertible measurement period percentage	98%
Debt instrument, convertible, Date	May 15, 2026
Initial conversion rate	0.0272068
Initial conversion price | $ / shares	$ 36.76
Redemption date	Nov. 20, 2024
Percentage of conversion stock price, Redemption	130%
Debt instrument, Redeemable, Number of trading days | Days	20
Debt instrument, Redeemable, Number of consecutive trading days | Days	30
Redemption price, Percentage of principal amount to be redeemed	100%
Sinking fund	$ 0
Debt instrument repurchase price due to fundamental change	100%
Net proceeds from issuance of notes		$ 194,900,000
Debt issuance costs		6,300,000
Interest expense		$ 800,000	$ 1,200,000
Effective annual interest rate		2.42%
Convertible debt, if-converted value in excess of principal		$ 0
Estimated fair value of convertible notes		105,100,000
Unwinding of capped calls related to convertible notes repurchase		$ 300,000
65% Convertible Notes [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate				65%
Repurchase of debt instrument				$ 60,000,000

Net Loss Per Share - Computatio

Net Loss Per Share - Computation of Basic and Diluted Net Loss Per Common Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Numerator
Net loss	$ (22,963)	$ (22,129)	$ 25,557	$ 64,672
Denominator
Weighted-average common shares outstanding	36,587,946	35,478,676
Less: Weighted-average shares subject to repurchase		(1,728)
Denominator for basic and diluted net loss per share attributable to common stockholders	36,587,946	35,476,948
Basic net loss per share	$ (0.63)	$ (0.62)
Diluted net loss per share	$ (0.63)	$ (0.62)

Net Loss Per Share - Effect of

Net Loss Per Share - Effect of Anti-dilutive Securities (Detail) - shares	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Effect of Anti-dilutive Securities	15,095,406	15,997,428
Employee Stock Option, Restricted Stock Units and Performance Stock Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Effect of Anti-dilutive Securities	10,755,833	10,025,447
Warrant [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Effect of Anti-dilutive Securities	496,612	496,612
Common Stock Issuable in Connection with Convertible Senior Notes [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Effect of Anti-dilutive Securities	3,842,961	5,475,369

Financial Instruments - Schedul

Financial Instruments - Schedule of Cash and Cash Equivalents (Detail) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Schedule Of Available For Sale Securities [Line Items]
Total Cash and Debt Securities	$ 139,707	$ 184,423
Total Fair Value, Cash and Debt Securities	139,707	184,423
Cash and cash equivalents	139,707	184,423
Cash [Member]
Schedule Of Available For Sale Securities [Line Items]
Cash and cash equivalents	138,655	183,381
Fair Value, Cash	138,655	183,381
Level 1 [Member] | Money Market Funds [Member]
Schedule Of Available For Sale Securities [Line Items]
Cash and cash equivalents	1,052	1,042
Cash and cash equivalents gross before unrealized losses	1,052	1,042
Fair Value, Cash	$ 1,052	$ 1,042

Financial Instruments - Additio

Financial Instruments - Additional Information (Detail) - USD ($)		1 Months Ended
	Sep. 14, 2021	Sep. 30, 2022	Mar. 31, 2023	Dec. 31, 2022	Nov. 16, 2021
Schedule Of Available For Sale Securities [Line Items]
Contingent consideration, current			$ 190,000	$ 8,067,000
Sale of stock price per share					$ 27.74
Other Assets
Schedule Of Available For Sale Securities [Line Items]
Strategic investment			2,750,000	$ 2,750,000
PandoLogic Merger Agreement [Member]
Schedule Of Available For Sale Securities [Line Items]
Contingent consideration, current			$ 190,000
Pandologic Ltd [Member]
Schedule Of Available For Sale Securities [Line Items]
Business acquisition, effective date of acquisition	Sep. 14, 2021
Business acquisition, percentage of ownership interests acquired	100%
Business acquisition, name of acquired entity	PandoLogic, Ltd. (“PandoLogic”)
Business acquisition, date of acquisition agreement	Jul. 21, 2021
Stock Consideration [Member] | PandoLogic Merger Agreement [Member]
Schedule Of Available For Sale Securities [Line Items]
Sale of stock price per share			$ 20.53
Minimum [Member]
Schedule Of Available For Sale Securities [Line Items]
Contingent earnout		$ 10,825,000
Maximum [Member] | Pandologic Ltd [Member]
Schedule Of Available For Sale Securities [Line Items]
Contingent consideration, current	$ 65,000,000

Financial Instruments - Sched_2

Financial Instruments - Schedule of Contingent Consideration Liabilities Current and Non-current Balances (Details) - Level 3 [Member] - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Contingent Consideration Liabilities [Line Items]
Cost	$ 39,512	$ 39,512
Changes in Fair Value	(9,979)	(10,629)
Amount Paid To Date	(29,343)	(20,816)
Fair Value	190	8,067
Contingent Consideration, Current [Member]
Contingent Consideration Liabilities [Line Items]
Cost	18,128	18,128
Changes in Fair Value	(9,979)	(10,629)
Amount Paid To Date	(29,343)	(20,816)
Reclass from Non-current to Current	21,384	21,384
Fair Value	190	8,067
Contingent Consideration, Noncurrent [Member]
Contingent Consideration Liabilities [Line Items]
Cost	21,384	21,384
Reclass from Non-current to Current	$ (21,384)	$ (21,384)

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets, Net - Additional Information (Detail) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Goodwill And Intangible Assets Disclosure [Abstract]
Carrying amount of goodwill	$ 46,460	$ 46,498

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets, Net - Schedule of Carrying Amount of Goodwill (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2023 USD ($)
Finite Lived Intangible Assets [Line Items]
Beginning balance	$ 46,498
Foreign currency translation/other	(38)
Ending balance	$ 46,460

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets, Net - Summary of Finite-Lived Intangible Assets Resulting from Business Acquisitions and Other Purchases (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Finite Lived Intangible Assets [Line Items]
Weighted Average Remaining Useful Life (in years)	3 years 7 months 6 days
Gross Carrying Amount	$ 122,782	$ 122,782
Accumulated Amortization	(48,227)	(43,118)
Net Carrying Amount	$ 74,555	79,664
Software and Technology [Member]
Finite Lived Intangible Assets [Line Items]
Weighted Average Remaining Useful Life (in years)	0 years
Gross Carrying Amount	$ 3,582	3,582
Accumulated Amortization	$ (3,582)	(3,582)
Licensed Technology [Member]
Finite Lived Intangible Assets [Line Items]
Weighted Average Remaining Useful Life (in years)	0 years
Gross Carrying Amount	$ 500	500
Accumulated Amortization	$ (500)	(500)
Developed Technology [Member]
Finite Lived Intangible Assets [Line Items]
Weighted Average Remaining Useful Life (in years)	1 year 9 months 18 days
Gross Carrying Amount	$ 33,800	33,800
Accumulated Amortization	(17,592)	(15,512)
Net Carrying Amount	$ 16,208	18,288
Customer and Supplier Relationships [Member]
Finite Lived Intangible Assets [Line Items]
Weighted Average Remaining Useful Life (in years)	4 years 7 months 6 days
Gross Carrying Amount	$ 81,800	81,800
Accumulated Amortization	(25,015)	(22,091)
Net Carrying Amount	$ 56,785	59,709
Noncompete Agreements [Member]
Finite Lived Intangible Assets [Line Items]
Weighted Average Remaining Useful Life (in years)	0 years
Gross Carrying Amount	$ 800	800
Accumulated Amortization	$ (800)	(800)
Trademarks and Trade Names [Member]
Finite Lived Intangible Assets [Line Items]
Weighted Average Remaining Useful Life (in years)	3 years 9 months 18 days
Gross Carrying Amount	$ 2,300	2,300
Accumulated Amortization	(738)	(633)
Net Carrying Amount	$ 1,562	$ 1,667

Goodwill and Intangible Asset_6

Goodwill and Intangible Assets, Net - Summary of Future Amortization of Finite-Lived Intangible Assets (Detail) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Finite Lived Intangible Assets Future Amortization Expense [Abstract]
2023 (nine months)	$ 15,336
2024	17,957
2025	15,507
2026	10,574
2027	8,907
Thereafter	6,274
Net Carrying Amount	$ 74,555	$ 79,664

Consolidated Financial Statem_3

Consolidated Financial Statements Details - Additional Information (Detail) - USD ($) $ in Thousands		3 Months Ended
	Aug. 16, 2022	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Condensed Financial Statements, Captions [Line Items]
Cash and cash equivalents		$ 139,707		$ 184,423
Depreciation Expense		478	$ 198
Property and equipment		10,074		8,532
Property and equipment, work in progress not yet placed in service		1,934
Depreciation of internal use software development cost		$ 282	$ 41
Effective tax rate		1.20%	0.60%
Corporate alternative minimum tax	15%
Excise tax on net share repurchases	1%
Foreign exchange gain		$ 1,200
Advertising Customers [Member]
Condensed Financial Statements, Captions [Line Items]
Cash received		$ 67,943		$ 93,118

Consolidated Financial Statem_4

Consolidated Financial Statements Details - Summary of Accounts Receivable,Net (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Accounts receivable, gross	$ 54,816	$ 56,820
Less: allowance for expected credit losses	(745)	(819)
Accounts receivable, net	54,071	56,001
Managed Services [Member]
Accounts receivable, gross	29,884	27,670
Software Products & Services [Member]
Accounts receivable, gross	18,442	26,969
Other [Member]
Accounts receivable, gross	$ 6,490	$ 2,181

Consolidated Financial Statem_5

Consolidated Financial Statements Details - Summary of Property Equipment and Improvements, Net (Detail) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Property Plant And Equipment [Abstract]
Property and equipment	$ 10,074	$ 8,532
Leasehold improvements	254	250
Property, equipment and improvements, gross	10,328	8,782
Less: accumulated depreciation	(3,934)	(3,491)
Property, equipment and improvements, net	$ 6,394	$ 5,291

Consolidated Financial Statem_6

Consolidated Financial Statements Details - Accounts Payable (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Statement Of Financial Position [Abstract]
Accounts payable — Managed Services	$ 27,903	$ 17,972
Accounts payable — Other	10,112	18,766
Total	$ 38,015	$ 36,738

Consolidated Financial Statem_7

Consolidated Financial Statements Details - Summary of Revenue (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Segment Reporting Revenue Reconciling Item [Line Items]
Total revenue	$ 30,263	$ 34,407
Commercial Enterprise [Member]
Segment Reporting Revenue Reconciling Item [Line Items]
Total revenue	28,868	33,626
Government and Regulated Industries [Member]
Segment Reporting Revenue Reconciling Item [Line Items]
Total revenue	$ 1,395	$ 781

Consolidated Financial Statem_8

Consolidated Financial Statements Details - Summary of Presentation of Revenues (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Revenue	$ 30,263	$ 34,407
Government and Regulated Industries [Member]
Revenue	1,395	781
Commercial Enterprise [Member]
Revenue	28,868	33,626
Software Products & Services [Member]
Revenue	14,127	18,167
Software Products & Services [Member] | Government and Regulated Industries [Member]
Revenue	1,395	781
Software Products & Services [Member] | Commercial Enterprise [Member]
Revenue	12,732	17,386
Advertising [Member]
Revenue	10,535	10,968
Advertising [Member] | Commercial Enterprise [Member]
Revenue	10,535	10,968
Licensing [Member]
Revenue	5,601	5,272
Licensing [Member] | Commercial Enterprise [Member]
Revenue	5,601	5,272
Total Managed Services [Member]
Revenue	16,136	16,240
Total Managed Services [Member] | Commercial Enterprise [Member]
Revenue	$ 16,136	$ 16,240

Consolidated Financial Statem_9

Consolidated Financial Statements Details - Schedule of Other Income (Expense), Net (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Other Income And Expenses [Abstract]
Interest expense, net	$ (805)	$ (1,182)
Other	1,160	(4)
Other income (expense), net	$ 355	$ (1,186)

Leases, Commitments and Conti_3

Leases, Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Thousands				3 Months Ended
	Aug. 11, 2022	Jun. 10, 2022	Mar. 01, 2022	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Other Commitments [Line Items]
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]				Other Assets Noncurrent		Other Assets Noncurrent
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]				Other Accrued Liabilities Current		Other Accrued Liabilities Current
Non-current portion of operating lease liabilities				$ 1,302		$ 1,510
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]				Other Liabilities Noncurrent		Other Liabilities Noncurrent
Operating lease, cash payments				$ 635	$ 652
Operating lease, weighted average remaining lease term				1 year 8 months 12 days
Operating lease, weighted average discount rate				8.10%
Sublease income				$ 277	277
March 2022 Acquisition [Member]
Other Commitments [Line Items]
Purchase consideration payment within ten days of first anniversary of acquisition				1,500
Purchase consideration payment within ten days of second anniversary of acquisition				1,500
Cash payment			$ 1,500	1,500
VocaliD [Member]
Other Commitments [Line Items]
Cash payment		$ 1,609
Purchase consideration payments on first anniversary of acquisition				1,000
Purchase consideration payments on 18-month anniversary of acquisition				1,000
VSL Acquisition [Member]
Other Commitments [Line Items]
Cash payment	$ 1,700
Purchase consideration payments on 18-month anniversary of acquisition				300
Office Sublease [Member]
Other Commitments [Line Items]
Rent expense				546	$ 506
Minimum [Member]
Other Commitments [Line Items]
Operating lease right-of-use assets				1,956		$ 1,755
Current portion of operating lease liabilities				$ 2,326		$ 2,112

Leases, Commitments and Conti_4

Leases, Commitments and Contingencies - Summary of Future Minimum Lease Payments (Detail) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Other Commitments [Line Items]
Non-current portion of operating lease liabilities	$ 1,302	$ 1,510
Building Lease Agreement [Member]
Other Commitments [Line Items]
2023 (nine months)	1,818
2024	2,085
2025	24
Total future minimum lease payments, including short-term leases	3,927
Less: future minimum lease payments for short-term leases	(89)
Less: imputed interest	(210)
Present value of future minimum lease payments, excluding short-term leases	3,628
Less: current portion of operating lease liabilities	(2,326)
Non-current portion of operating lease liabilities	1,302
2023 (nine months)	1,001
2024	1,034
Total sublease income	$ 2,035

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Detail) - shares	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Common Stock [Member] | March 2022 Acquisition [Member]
Class of Stock [Line Items]
Business acquisition, shares issued or issuable		116,550
Common Stock [Member] | Pandologic Ltd [Member]
Class of Stock [Line Items]
Business acquisition, shares issued or issuable	135,800	352,330
Common Stock and Employee Stock Purchase Plan [Member]
Class of Stock [Line Items]
Shares issued in connection with stock option exercise	355,790	615,703

Stock Plans - Additional Inform

Stock Plans - Additional Information (Detail) - USD ($)		3 Months Ended
	Jan. 11, 2023	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Class of Stock [Line Items]
Amount capitalized to internal-use software		$ 134,000	$ 33,000
Employee Stock Purchase Plan [Member]
Class of Stock [Line Items]
Common stock were purchased under ESPP		87,895
Accrued employee contributions		$ 248,000		$ 595,000
Timebased Stock Option [Member]
Class of Stock [Line Items]
Options granted		226,966	480,850
Restricted Stock Units [Member]
Class of Stock [Line Items]
Unrecognized cost of share-based compensation awards		$ 10,590,000
Cost of share-based compensation awards, recognition period		2 years 2 months 1 day
Performance-based Stock Options [Member]
Class of Stock [Line Items]
Total grant date fair value of stock options granted		$ 0	$ 0
Total grant date fair value of stock options vested		0
Aggregate intrinsic value of the options exercised		$ 5,000	221,000
Performance Stock Units [Member] | Steel Holdings Consulting Agreement [Member]
Class of Stock [Line Items]
Description of agreement expiration		The Steel Holdings Consulting PSUs will expire 6 months after the Steel Holdings Consulting Agreement terminates.
Performance Stock Units [Member] | Steel Holdings Consulting Agreement [Member] | Board of Directors Chairman [Member]
Class of Stock [Line Items]
Common stock granted	118,460
Performance Stock Units [Member] | Senior Executive PSUs [Member]
Class of Stock [Line Items]
Common stock granted		170,402
Shareholder return performance period		3 years
Performance period ending date		Dec. 31, 2025
Description of performance period		within 90 days of the end of the performance period ending December 31, 2025
Performance Stock Units [Member] | Senior Executive PSUs [Member] | Maximum [Member]
Class of Stock [Line Items]
Pecentage of revenue and net income targets increase (decrease)		20%
Performance Stock Units [Member] | Senior Executive PSUs [Member] | Executive Officer [Member] | Minimum [Member]
Class of Stock [Line Items]
Earning percentage of number of shares		0%
Performance Stock Units [Member] | Senior Executive PSUs [Member] | Executive Officer [Member] | Maximum [Member]
Class of Stock [Line Items]
Earning percentage of number of shares		200%
Stock Options [Member]
Class of Stock [Line Items]
Options granted		226,966
Cost of share-based compensation awards, recognition period		2 years 7 months 6 days
Total grant date fair value of stock options vested		$ 1,584,000	1,085,000
Unrecognized compensation expense related to stock options		11,711,000
Aggregate intrinsic value of the options exercised		$ 10,000	$ 163,000
Weighted Average Grant Date Fair Value, Granted		$ 4.21	$ 11.36

Stock Plans - Schedule of Fair

Stock Plans - Schedule of Fair Value Assumptions (Detail) - Stock Options [Member]	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term (in years)	6 years 9 months 18 days	6 years 1 month 6 days
Expected volatility	91%	82%
Risk-free interest rate	3.60%	1.80%

Stock Plans - Summary of Fair V

Stock Plans - Summary of Fair Value Assumptions of Stock Purchase Plan (Detail) - Employee Stock Purchase Plan [Member]	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility, minimum	71%	71%
Expected volatility, maximum	101%	88%
Risk-free interest rate, minimum	0.10%	0.20%
Risk-free interest rate, maximum	4.80%	2.40%
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term (in years)	6 months	6 months
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term (in years)	2 years	2 years

Stock Plans - Schedule of Stock

Stock Plans - Schedule of Stock-based Compensation Expense (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation expense	$ 3,917	$ 4,816
Cost of Revenue [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation expense	20	20
Sales and Marketing [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation expense	176	463
Research and Development [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation expense	1,542	1,004
General and Administrative [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation expense	2,179	3,329
Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation expense	2,168	3,432
Performance-based Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation expense	328
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation expense	971	1,273
Common Stock Issued for Services [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation expense		19
Employee Stock Purchase Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation expense	$ 450	$ 92

Stock Plans - Schedule of Perfo

Stock Plans - Schedule of Performance Stock Unit Activity (Details) - Performance Stock Units [Member]	3 Months Ended
	Mar. 31, 2023 $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares, Unvested, Beginning Balance	0
Shares, Granted	288,862
Shares, Unvested, Ending Balance	288,862
Weighted Average Grant Date Fair Value, Granted | $ / shares	$ 5.88
Weighted Average Grant Date Fair Value, Unvested, Ending Balance | $ / shares	$ 5.88

Stock Plans - Schedule of Restr

Stock Plans - Schedule of Restricted Stock Unit Activity (Detail) - Restricted Stock Units [Member]	3 Months Ended
	Mar. 31, 2023 $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares, Unvested, Beginning Balance | shares	1,048,834
Shares, Granted | shares	517,554
Shares, Forfeited | shares	(27,994)
Shares, Vested | shares	(361,532)
Shares, Unvested, Ending Balance | shares	1,176,862
Weighted Average Grant Date Fair Value, Unvested, Beginning Balance | $ / shares	$ 15.28
Weighted Average Grant Date Fair Value, Granted | $ / shares	6.03
Weighted Average Grant Date Fair Value, Forfeited | $ / shares	22.79
Weighted Average Grant Date Fair Value, Vested | $ / shares	16.71
Weighted Average Grant Date Fair Value, Unvested, Ending Balance | $ / shares	$ 12.07

Stock Plans - Schedule of Per_2

Stock Plans - Schedule of Performance-Based Stock Options Activity (Detail) - Performance-based Stock Options [Member] $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2023 USD ($) $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, Outstanding, Beginning Balance | shares	3,762,679
Options Exercised | shares	(7,000)
Options Expired | shares	(14,040)
Options, Outstanding, Ending Balance | shares	3,741,639
Options Exercisable at September 30, 2022 | shares	3,741,639
Weighted-Average Exercise Price, Outstanding, Beginning Balance | $ / shares	$ 11.15
Weighted-Average Exercise Price, Options Exercised | $ / shares	6.11
Weighted-Average Exercise Price, Options Expired | $ / shares	5.75
Weighted-Average Exercise Price, Outstanding, Ending Balance | $ / shares	11.18
Weighted-Average Exercise Price, Exercisable | $ / shares	$ 11.18
Weighted-Average Remaining Contractual Term, Outstanding	5 years 3 months 18 days
Weighted-Average Remaining Exercisable	5 years 3 months 18 days
Weighted-Average Aggregate Intrinsic Value | $	$ 76
Weighted-Average Aggregate Intrinsic Value, Exercisable | $	$ 76

Stock Plans - Schedule of Sto_2

Stock Plans - Schedule of Stock Option Activity (Detail) - Stock Options [Member] $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2023 USD ($) $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, Outstanding, Beginning Balance | shares	5,867,785
Options Granted | shares	226,966
Options Exercised | shares	(12,979)
Options Forfeited | shares	(67,559)
Options Expired | shares	(33,471)
Options, Outstanding, Ending Balance | shares	5,980,742
Options Exercisable at June 30, 2022 | shares	4,708,690
Weighted-Average Exercise Price, Outstanding, Beginning Balance | $ / shares	$ 14.53
Weighted-Average Exercise Price, Options Granted | $ / shares	5.31
Weighted-Average Exercise Price, Options Exercised | $ / shares	6.11
Weighted-Average Exercise Price, Options Forfeited | $ / shares	22.50
Weighted-Average Exercise Price, Options Expired | $ / shares	12.57
Weighted-Average Exercise Price, Outstanding, Ending Balance | $ / shares	14.12
Weighted-Average Exercise Price, Exercisable | $ / shares	$ 14.23
Weighted-Average Remaining Contractual Term, Outstanding	5 years 7 months 6 days
Weighted-Average Remaining Exercisable	4 years 7 months 6 days
Weighted-Average Aggregate Intrinsic Value | $	$ 1,624
Weighted-Average Aggregate Intrinsic Value, Exercisable | $	$ 1,242

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Related Party Transaction [Line Items]
Due to related party transactions	$ 0	$ 0
Stock-based compensation expense	3,917,000	$ 4,816,000
Steel Holdings, LLC [Member]
Related Party Transaction [Line Items]
Consulting fees and reimbursements for reasonable and documented expenses	155,000
Variable consultant performance bonus expense	394,000
Stock-based compensation expense	$ 328,000