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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities      
Net income (loss) $ 152,218 $ 38,830 $ (375)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 4,425 3,978 5,162
Fair value of warrant liability (166,518) 0 0
Impairment loss 2,372 0 0
Stock-based compensation 29,324 0 0
Deferred tax asset (842) 0 0
Provision for doubtful accounts 5,487 1,271 180
Changes in operating assets and liabilities:      
Accounts receivable (13,609) (6,770) (2,752)
Prepaid expenses and other current assets 8,235 (3,036) (611)
Other assets (313) 679 (3,344)
Accounts payable and accrued expenses (480) (960) 7,374
Deferred rent 0 3,693 496
Deferred revenue 2,793 935 165
Net cash provided by operating activities 23,092 38,620 6,295
Cash flows from investing activities      
Purchases of property and equipment (7,935) (1,311) (5,129)
Cash paid for acquisitions (16,000) 0 0
Cash paid for other investments (6,500) 0 0
Net cash used in investing activities (30,435) (1,311) (5,129)
Cash flows from financing activities      
Proceeds from business combination 79,969 0 0
Net repayments of secured line of credit 0 0 (5,020)
Payment of note payable (205) 0 0
Distributions (18,998) (21,952) (15,382)
Repurchase of Class B Units (5,565) (406) (1,567)
Net cash provided by (used in) financing activities 55,201 (22,358) (21,969)
Net increase (decrease) in cash 47,858 14,951 (20,803)
Cash - beginning of period 19,919 4,968 25,771
Cash - end of period 67,777 19,919 4,968
Supplemental disclosure of cash flow information      
Cash paid during the year for: Interest 0 0 157
Cash paid during the year for: Income taxes 242 1,336 118
Supplemental disclosures of noncash activities      
Warranty liability assumed from the Business Combination 193,978 0 0
Tax receivable agreement liability recognized in connection with the Business Combination 128,567 0 0
Deferred tax assets recognized in connection with the Business Combination 151,255 0 0
Other assets assumed from the Business Combination 1,053 0 0
Issuance of equity for acquisitions 29,312 0 0
Holdback liability recognized in connection with acquisition 1,000 0 0
Accrued liabilities assumed in connection with acquisition 100
Stock-based compensation capitalized for software development $ 1,099 $ 0 $ 0