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Consolidated Statements of Cash Flows - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jul. 10, 2019
Dec. 31, 2019
Sep. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Mar. 31, 2018
Dec. 31, 2019
Jul. 10, 2019
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities                      
Net income (loss) $ (32,763,000) $ (15,681,000) $ (15,880,000) $ 4,864,000 $ 2,145,000 $ 181,000 $ (31,560,676) $ (23,742,530)   $ 10,537,443 $ 9,448,244
Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities:                      
Depreciation and amortization             23,756,888 6,222,917 $ 29,980,000 10,421,000 7,456,438
Stock based compensation             22,013,287 908,978   796,967 622,411
Amortization of debt issuance costs             570,671 215,658   407,403 239,190
Loss on unamortized deferred loan costs                     753,958
Loss on disposal of property and equipment                   16,827 7,970
Fair value change in tax receivable liability             1,638,465        
Gain on change in contingent consideration                   (1,103,012)  
Provision for (reduction in) bad debt expense                     (2,900)
Deferred tax expense             (4,990,989)        
Change in accounts receivable             779,008 (4,614,620)   (1,534,285) (1,049,161)
Change in related party receivable             (563,084)        
Change in prepaid expenses and other             (3,579,300) (73,533)   (394,127) (95,410)
Change in accounts payable             2,656,630 1,297,035   1,502,090 90,322
Change in related party payable             14,571,266        
Change in accrued expenses and other             (12,356,519) 28,136,310   3,526,470 3,672,100
Net cash provided by operating activities             12,935,647 8,350,215   24,176,776 21,143,162
Cash flows from investing activities                      
Purchases of property and equipment             (498,513) (203,026)   (913,498) (448,601)
Purchases of software             (3,375,751) (3,842,744)   (4,884,457) (2,988,875)
Net cash used in investing activities             (335,083,842) (4,045,770)   (5,797,955) (3,437,476)
Cash flows from financing activities                      
Change in line of credit             6,500,000     3,000,000 500,000
Issuance of long-term debt             210,000,000       58,873,301
Payments on long-term debt             (90,862,500) (2,450,000)   (4,900,000) (50,850,000)
Private placement issuance of Class A Common Stock             135,000,000       (10,000,000)
Repurchase of treasury stock             (4,507,544)        
Issuance of warrants             207        
Repurchase of outstanding warrants             (38,700,000)        
Conversion of Thunder Bridge Class A ordinary shares to Class A Common Stock             148,870,571        
Distributions to Members             (185,957) (6,904,991)   (6,307,935) (5,479,355)
Payment of loan costs             (6,065,465)       (2,037,014)
Net cash provided (used) by financing activities             360,049,312 (9,354,991)   (8,207,935) (8,993,068)
Increase (decrease) in cash, cash equivalents and restricted cash             37,901,117 (5,050,546)   10,170,886 8,712,618
Cash, cash equivalents and restricted cash at beginning of period     $ 18,211,512 $ 23,262,058   $ 13,091,172 18,211,512 23,262,058 23,262,058 13,091,172 4,378,554
Cash, cash equivalents and restricted cash at end of period $ 18,211,512 $ 37,901,117     $ 23,262,058   37,901,117 18,211,512 $ 37,901,117 23,262,058 13,091,172
Cash paid during the year for:                      
Interest             5,351,222 $ 2,929,509   $ 5,665,434 5,467,042
Hawk Parent                      
Cash flows from investing activities                      
Acquisition, net of cash and restricted cash acquired             (242,599,551)        
SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES                      
Acquisition of Hawk Parent in exchange for Class A Common Stock             220,056,226        
Acquisition of Hawk Parent in exchange for amounts payable under Tax Receivable Agreement             65,537,761        
Acquisition in exchange for contingent consideration             12,300,000        
TriSource Solutions, LLC                      
Cash flows from investing activities                      
Acquisition, net of cash and restricted cash acquired             (59,160,005)        
SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES                      
Acquisition in exchange for contingent consideration             2,250,000        
APS Payments                      
Cash flows from investing activities                      
Acquisition, net of cash and restricted cash acquired             (29,450,022)        
SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES                      
Acquisition in exchange for contingent consideration             $ 12,000,000        
Wildcat Acquisition, LLC                      
SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES                      
Acquisition in exchange for contingent consideration                     4,829,000
Marlin Acquirer, LLC                      
SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES                      
Acquisition in exchange for contingent consideration                     $ 34,297,699