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Segment Information (Tables)
12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Schedule of Revenue by Segment
The following table summarizes revenue by segment.
Year Ended December 31,
202320222021
Vertical Software$125,116 $154,915 $137,150 
Insurance305,186 121,033 55,283 
Total revenue$430,302 $275,948 $192,433 
Schedule of Financial Information of Reportable Segments and Reconciliations to Consolidated Financial Information
The reconciliation of Segment Adjusted EBITDA (Loss) to consolidated “Operating loss” below includes the effects of corporate and other items that the CODM does not consider in assessing segment performance.
Year Ended December 31,
202320222021
Segment Adjusted EBITDA (Loss):
Vertical Software$4,307 $14,678 $20,733 
Insurance12,320 (5,499)9,007 
Subtotal16,627 9,179 29,740 
Reconciling items:
Corporate and other(61,141)(58,780)(53,760)
Depreciation and amortization(24,415)(27,930)(16,386)
Impairment loss on intangible assets and goodwill(57,232)(61,386)— 
Impairment loss on property, equipment and software(254)(637)(550)
Stock-based compensation expense(20,709)(27,041)(38,592)
Restructuring costs (1)(4,015)(647)— 
Acquisition and other transaction costs(552)(1,687)(5,360)
Loss on reinsurance contract (see Note 14)
(36,042)— — 
Change in fair value of contingent consideration5,664 (6,944)2,244 
Investment income and realized gains(8,285)(1,174)(701)
Operating loss$(190,354)$(177,047)$(83,365)
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(1)Primarily consists of costs related to forming a reciprocal exchange.