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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 265,573 $ 215,060
Accounts receivable, net 24,715 26,438
Short-term investments 26,151 36,523
Reinsurance balance due 272,467 299,060
Prepaid expenses and other current assets 29,665 20,009
Restricted cash 39,277 13,545
Total current assets 657,848 610,635
Property, equipment, and software, net 14,768 12,240
Operating lease right-of-use assets 3,698 4,201
Goodwill 191,907 244,697
Long-term investments 66,579 55,118
Intangible assets, net 96,826 108,255
Long-term insurance commissions receivable 13,502 12,265
Other assets 2,015 1,646
Total assets 1,047,143 1,049,057
Current liabilities    
Accounts payable 9,330 6,268
Accrued expenses and other current liabilities 33,873 39,742
Deferred revenue 256,617 270,690
Refundable customer deposits 19,929 20,142
Current debt 5,439 16,455
Losses and loss adjustment expense reserves 165,709 100,632
Other insurance liabilities, current 112,849 61,710
Total current liabilities 603,746 515,639
Long-term debt 426,965 425,310
Operating lease liabilities, non-current 2,137 2,536
Earnout liability, at fair value 44 44
Private warrant liability, at fair value 347 707
Derivative liability, at fair value 26,820  
Other liabilities (includes $21,328 and $24,546 at fair value, respectively) 23,826 25,468
Total liabilities 1,083,885 969,704
Commitments and contingencies (Note 12)
Stockholders' equity (deficit)    
Common stock, $0.0001 par value: Authorized shares - 400,000,000 and 400,000,000, respectively Issued and outstanding shares - 98,168,956 and 98,455,838, respectively 10 10
Additional paid-in capital 683,151 670,537
Accumulated other comprehensive loss (6,076) (6,171)
Accumulated deficit (713,827) (585,023)
Total stockholders' equity (deficit) (36,742) 79,353
Total liabilities and stockholders' equity (deficit) $ 1,047,143 $ 1,049,057