Annual report pursuant to Section 13 and 15(d)

Restricted Cash

v3.21.1
Restricted Cash
 12 Months Ended
Dec. 31, 2020
Restricted Cash And Cash Equivalents [Abstract]  
Restricted Cash

2.

Restricted Cash

Restricted cash consisted of the following as of (in thousands):

 

 

Successor

 

 

 

Predecessor

 

 

 

2020

 

 

 

2019

 

PPP amount held in escrow

 

$

2,237

 

 

 

$

—

 

Cash proceeds from Business Combination held back for working capital reconciliation

 

 

996

 

 

 

 

-

 

Gift cards purchased

 

 

415

 

 

 

 

505

 

Advertising co-op funds

 

 

—

 

 

 

 

159

 

LevelUp loyalty program

 

 

15

 

 

 

 

63

 

Total Restricted Cash

 

$

3,663

 

 

 

$

727