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Segment Information (Tables)
3 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
Schedule of Revenue by Segment
The following table summarizes revenue by segment.
Three Months Ended March 31,
20242023
Vertical Software$27,495 $28,627 
Insurance87,948 58,742 
Total revenue$115,443 $87,369 
Schedule of Financial Information of Reportable Segments and Reconciliations to Consolidated Financial Information
Three Months Ended March 31,
20242023
Segment Adjusted EBITDA (Loss):
Vertical Software$1,123 $(396)
Insurance(2,885)(7,185)
Subtotal(1,762)(7,581)
Reconciling items:
Corporate and other(15,026)(14,301)
Depreciation and amortization(6,317)(6,015)
Impairment loss on intangible assets and goodwill— (2,021)
Stock-based compensation expense(5,368)(6,894)
Other non-operating income(1,176)— 
Restructuring costs (1)
(157)(984)
Acquisition and other transaction costs(167)(128)
Change in fair value of contingent consideration(1,051)154 
Investment income and realized gains(3,644)(758)
Operating loss$(34,668)$(38,528)
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(1)Primarily consists of costs related to forming a reciprocal exchange.