Fair Value (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2021

Dec. 31, 2020

Fair Value

Schedule of fair value measurements of liabilities measured at fair value on recurring basis

The following table details the fair value measurements of liabilities that are measured at fair value on a recurring basis:

	Fair Value Measurement at March 31, 2021
							Total
	Level 1		Level 2		Level 3		Fair Value
Contingent consideration - business combinations	$	—	$	—	$	2,869	$	2,869
Contingent consideration - earnout		—		—		43,193		43,193
Private warrant liability		—		—		47,444		47,444
	$	—	$	—	$	93,506	$	93,506

	Fair Value Measurement at December 31, 2020
							Total
	Level 1		Level 2		Level 3		Fair Value
Contingent consideration - business combinations	$	—	$	—	$	3,549	$	3,549
Contingent consideration - earnout		—		—		50,238		50,238
Private warrant liability		—		—		31,534		31,534
	$	—	$	—	$	85,321	$	85,321

The following table details the fair value measurements of liabilities that are measured at fair value on a recurring basis:

	Fair Value Measurement at December 31, 2020
							Total
	Level 1		Level 2		Level 3		Fair Value
Contingent consideration - business combination	$		$		$	3,549	$	3,549
Contingent consideration - earnout (as restated)		—		—		50,238		50,238
Private warrant liability (as restated)		—		—		31,534		31,534
	$	—	$	—	$	85,321	$	85,321

	Fair Value Measurement at December 31, 2019
							Total
	Level 1		Level 2		Level 3		Fair Value
Redeemable convertible preferred stock warrants	$	—	$	—	$	6,684	$	6,684
Fair value option notes (“FVO Notes”)		—		—		11,659		11,659
Contingent consideration		—		—		100		100
	$	—	$	—	$	18,443	$	18,443

Schedule of fair value measurement inputs and valuation techniques

	Expected
	term	Expected		Expected
	(in years)	volatility	Risk-free interest rate	dividend rate
Redeemable convertible preferred stock warrants	2 to 9	60%	0.23% to 2.11%	0%

	December 31,
	2019
	FVO			FVO
	Note 1A			Note 2(1)
Initial principal value	$	2,500		$	3,000
Value upon maturity	$	6,682		$	6,602
Conversion price (per share)	$	6.39			N/A
Value of Series B redeemable convertible preferred share	$	14.12			N/A
Value of common stock		N/A			N/A
Expected term (years)		2			N/A
Volatility		39	%		N/A
Risk free rate		1.58	%		N/A
Estimated fair value of FVO Note	$	5,079		$	6,580

Schedule of Level 3 items measured at fair value on a recurring basis

			Contingent
	Contingent		Consideration -		Private
	Consideration -		Business		Warrant
	Earnout		Combinations		Liability
Fair value as of January 1, 2021	$	50,238	$	3,549	$	31,534
Additions		—		1,737		—
Settlements		(25,815)		(2,062)		—
Change in fair value, loss (gain) included in net loss(1)		18,770		(355)		15,910
Fair value as of March 31, 2021	$	43,193	$	2,869	$	47,444

	Redeemable				Contingent
	Convertible				Consideration -
	Preferred Stock				Business
	Warrants		FVO Notes		Combinations
Fair value as of January 1, 2020	$	6,684	$	11,659	$	100
Additions		—		—		—
Settlements		—		—		—
Change in fair value, loss (gain) included in net loss(1)		1,214		454		(80)
Change in fair value, (gain) included in other comprehensive income		—		(3,856)		—
Fair value as of March 31, 2020	$	7,898	$	8,257	$	20

(1) Changes in fair value of the redeemable convertible stock warrants and FVO Notes are included in other income (expense), net, and changes in fair value of contingent consideration related to business combinations are included in general and administrative expenses in the unaudited condensed consolidated statements of operations. Changes in fair value of the earnout contingent consideration and private warrant liability are disclosed separately in the unaudited condensed consolidated statements of operations.

	Redeemable				Contingent				Contingent
	Convertible				Consideration -		Private		Consideration -
	Preferred Stock				Business		Warrants		Earnout
	Warrants		FVO Notes		Combinations		(as restated)		(as restated)
Fair value as of January 1, 2020	$	6,684	$	11,659	$	100	$	—	$	—
Additions		1,762		—		1,749		33,961		50,238
Settlements		(11,030)		(8,698)		—		—		—
Change in fair value, loss (gain) included in net loss(1)		2,584		895		1,700		(2,427)		—
Gain on extinguishment of debt		—		(3,856)		—		—		—
Fair value as of December 31, 2020	$	—	$	—	$	3,549	$	31,534	$	50,238

	Redeemable
	Convertible
	Preferred Stock				Contingent
	Warrants		FVO Notes		Consideration
Fair value as of January 1, 2019	$	436	$	—	$	400
Additions		6,651		5,500		—
Settlements		(2,493)		—		—
Change in fair value, loss (gain) included in net loss(1)		2,090		6,159		(300)
Fair value as of December 31, 2019	$	6,684	$	11,659	$	100

(1) Changes in fair value of redeemable convertible preferred stock warrants, FVO Notes, and Private Warrants are included in other income (expense), net, and changes in fair value of contingent consideration are included in general and administrative expenses in the consolidated statements of operations.

Private warrant liability

Fair Value

Schedule of fair value measurement inputs and valuation techniques

		Expected
	Exercise	term	Expected		Expected
	Price	(in years)	volatility	Risk-free interest rate	dividend rate
Private Warrant Liability	$ 11.50	5	35%	0.36%	0%