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Revenue (Tables)
6 Months Ended
Jun. 30, 2021
Revenue  
Schedule of disaggregation of revenue

Three Months Ended June 30, 

Six Months Ended June 30, 

    

2021

    

2020

    

2021

    

2020

Core services revenue

$

28,684

$

11,709

$

39,708

$

20,837

Managed services revenue

 

9,669

 

3,698

 

14,314

 

7,833

Software and service subscription revenue

 

12,987

 

1,715

 

24,061

 

3,526

Total revenue

$

51,340

$

17,122

$

78,083

$

32,196

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

 

3,816

Cash receipts

 

(966)

Balance at June 30, 2021

$

6,379

Summary of the activity impacting the contract liabilities

Contract 

    

Liabilities

Balance at December 31, 2020

 

$

3,193

Additions to contract liabilities

 

966

Additions to contract liabilities – significant financing component interest

 

110

Contract liabilities transferred to revenue

 

(1,592)

Balance at June 30, 2021

$

2,677

Summary of the activity impacting deferred revenue balances

Deferred 

    

Revenue

Balance at December 31, 2020

$

5,208

Revenue recognized

 

(16,759)

Additional amounts deferred

 

32,842

Impact of acquisitions

 

141,336

Balance at June 30, 2021

$

162,627