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Revenue (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Revenue    
Schedule of Disaggregation of Revenue

 

 

 

 

 

 

 

 

 

 

Three months ended

 

 

 

March 31, 

 

 

    

2021

    

2020

 

Referral network revenue

 

$

11,024

 

$

9,128

 

Managed services revenue

 

 

4,644

 

 

4,135

 

Software and service subscription revenue

 

 

11,074

 

 

1,811

 

Total revenue

 

$

26,742

 

$

15,074

 

 

 

 

 

 

 

 

 

 

 

2020

 

 

 

 

 

(as restated)

    

2019

Referral network revenue

 

$

53,048

 

$

49,449

Managed services revenue

 

 

11,579

 

 

21,888

Software subscription revenue

 

 

7,672

 

 

6,258

Total revenue

 

$

72,299

 

$

77,595

 

Summary of the activity impacting the contract assets

 

 

 

 

 

    

Contract Assets

Balance at December 31, 2020

 

$

3,529

Estimated lifetime value of insurance policies sold by carriers

 

 

1,805

Cash receipts

 

 

(435)

Balance at March 31, 2021

 

$

4,899

 

 
Summary of the activity impacting the contract liabilities

 

 

 

 

 

 

Contract 

 

    

Liabilities

Balance at December 31, 2020

 

$

3,193

Additions to contract liabilities

 

 

 —

Additions to contract liabilities – significant financing component interest

 

 

66

Contract liabilities transferred to revenue

 

 

(837)

Balance at March 31, 2021

 

$

2,422

 

 
Summary of the activity impacting deferred revenue balances

 

 

 

 

 

 

Deferred 

 

    

Revenue

Balance at December 31, 2020

 

$

5,208

Revenue recognized

 

 

(1,769)

Additional amounts deferred

 

 

407

Impact of acquisitions

 

 

500

Balance at March 31, 2021

 

$

4,346

 

 

 

 

 

 

    

Contract Assets

Balance at December 31, 2019

 

$

 —

Estimated lifetime value of insurance policies sold by carriers

 

 

4,313

Cash receipts

 

 

(784)

Balance at December 31, 2020

 

$

3,529

 


 

 

 

 

 

 

Contract 

 

    

Liabilities

Balance at December 31, 2018

 

$

 —

Additions to contract liabilities - prepayment

 

 

7,000

Additions to contract liabilities – significant financing component interest

 

 

152

Contract liabilities transferred to revenue

 

 

(878)

Balance at December 31, 2019

 

 

6,274

Additions to contract liabilities

 

 

 —

Additions to contract liabilities – significant financing component interest

 

 

440

Contract liabilities transferred to revenue

 

 

(3,521)

Balance at December 31, 2020

 

$

3,193