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Segment Information (Tables)
6 Months Ended
Jun. 30, 2022
Segment Information  
Schedule of revenue by segment

    

Three Months Ended June 30, 

Six Months Ended June 30, 

    

2022

    

2021

    

2022

    

2021

Segment revenues:

Vertical Software

$

42,813

$

34,404

$

77,501

$

59,342

Insurance

27,956

16,936

55,829

18,741

Total segment revenue

$

70,769

$

51,340

$

133,330

$

78,083

Schedule of financial information of reportable segments and reconciliations to consolidated financial information

The following tables provide financial information for the two reportable segments and reconciliations to consolidated financial information for the periods presented:

    

Three Months Ended June 30, 

Six Months Ended June 30, 

    

2022

    

2021

    

2022

    

2021

Segment adjusted EBITDA (loss):

Vertical Software

$

6,038

$

8,107

$

9,022

$

11,258

Insurance

 

(5,068)

 

(2,951)

 

(1,782)

 

(2,443)

Corporate and Other

 

(15,237)

 

(15,073)

 

(28,577)

 

(28,334)

Total segment adjusted EBITDA (loss)

 

(14,267)

 

(9,925)

 

(21,337)

 

(19,519)

Reconciling items:

Depreciation and amortization

(6,416)

(3,894)

(12,899)

(6,356)

Non-cash stock-based compensation expense

(9,702)

(7,035)

(15,556)

(24,160)

Acquisition and related expense

(214)

(1,056)

(1,110)

(1,784)

Non-cash long-lived asset impairment charge

(72)

(70)

(139)

Revaluation of contingent consideration

(1,481)

(574)

(4,686)

(220)

Investment income and realized gains

(243)

(387)

(440)

(397)

Non-cash bonus expense

1,526

Operating loss

$

(30,797)

$

(22,943)

$

(56,098)

$

(52,575)