2022 Q1 Form 10-Q Financial Statement

#000162828022002020 Filed on February 08, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q4 2020 Q4
Revenue $184.1M $375.5M $88.59M
YoY Change 93.66% 323.84% 145.98%
Cost Of Revenue $94.73M $267.7M $50.89M
YoY Change 68.98% 426.05% 131.58%
Gross Profit $89.40M $107.8M $38.45M
YoY Change 129.11% 180.29% 173.85%
Gross Profit Margin 48.55% 28.7% 43.4%
Selling, General & Admin $48.37M $55.78M $11.98M
YoY Change 204.65% 365.62% 68.14%
% of Gross Profit 54.1% 51.76% 31.16%
Research & Development $12.13M $17.72M $5.202M
YoY Change 92.77% 240.64% 86.92%
% of Gross Profit 13.57% 16.44% 13.53%
Depreciation & Amortization $16.51M $2.192M $1.151M
YoY Change 703.6% 90.44% 113.15%
% of Gross Profit 18.46% 2.03% 2.99%
Operating Expenses $61.98M $73.50M $17.18M
YoY Change 168.68% 327.78% 73.42%
Operating Profit $27.42M $29.14M $20.52M
YoY Change 71.9% 42.02% 396.54%
Interest Expense -$2.729M -$73.00K -$266.0K
YoY Change 1795.14% -72.56% -550.85%
% of Operating Profit -9.95% -0.25% -1.3%
Other Income/Expense, Net -$951.0K -$18.36M -$4.941M
YoY Change -7.04% 271.56% 495.3%
Pretax Income $23.75M $10.78M $15.58M
YoY Change 59.03% -30.79% 371.71%
Income Tax $3.604M $3.718M $1.061M
% Of Pretax Income 15.18% 34.49% 6.81%
Net Earnings $20.10M $7.014M $14.52M
YoY Change -33.12% -51.68% 336.41%
Net Earnings / Revenue 10.92% 1.87% 16.38%
Basic Earnings Per Share $0.07 $0.16
Diluted Earnings Per Share $188.7K $0.07 $0.15
COMMON SHARES
Basic Shares Outstanding 96.96M shares 96.55M shares 89.00M shares
Diluted Shares Outstanding 103.3M shares 96.98M shares

Balance Sheet

Concept 2022 Q1 2021 Q4 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $126.8M $115.0M $43.70M
YoY Change 311.88% 163.26% 29.67%
Cash & Equivalents $126.8M $115.0M $43.66M
Short-Term Investments
Other Short-Term Assets $20.96M $22.32M $2.000M
YoY Change 353.57% 1016.1% -47.37%
Inventory
Prepaid Expenses
Receivables $263.1M $291.2M $59.03M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $410.9M $428.6M $104.6M
YoY Change 321.9% 309.56% 62.89%
LONG-TERM ASSETS
Property, Plant & Equipment $31.09M $25.86M $11.67M
YoY Change 138.21% 121.61% 128.11%
Goodwill $559.8M $555.0M $70.45M
YoY Change 598.2% 687.73% 66.68%
Intangibles $440.6M $446.5M $41.87M
YoY Change 726.62% 966.45%
Long-Term Investments
YoY Change
Other Assets $732.0K $883.0K
YoY Change
Total Long-Term Assets $1.048B $1.045B $127.8M
YoY Change 542.79% 717.62% 158.64%
TOTAL ASSETS
Total Short-Term Assets $410.9M $428.6M $104.6M
Total Long-Term Assets $1.048B $1.045B $127.8M
Total Assets $1.459B $1.473B $232.4M
YoY Change 460.17% 533.92% 104.52%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $167.9M $171.6M $34.14M
YoY Change 380.24% 402.5% 63.99%
Accrued Expenses $95.17M $111.2M $36.19M
YoY Change 106.01% 207.21% 122.5%
Deferred Revenue
YoY Change
Short-Term Debt $12.50M $12.50M $1.900M
YoY Change -14.13% 557.95%
Long-Term Debt Due $12.50M $12.50M
YoY Change -14.13%
Total Short-Term Liabilities $385.3M $609.6M $98.46M
YoY Change 246.62% 519.18% 81.0%
LONG-TERM LIABILITIES
Long-Term Debt $520.8M $341.6M $17.05M
YoY Change 1903.23%
Other Long-Term Liabilities $16.27M $17.54M $4.758M
YoY Change 296.06% 268.64% 137.07%
Total Long-Term Liabilities $537.1M $359.1M $21.81M
YoY Change 12973.39% 1546.63% 986.7%
TOTAL LIABILITIES
Total Short-Term Liabilities $385.3M $609.6M $98.46M
Total Long-Term Liabilities $537.1M $359.1M $21.81M
Total Liabilities $942.3M $987.6M $120.3M
YoY Change 717.56% 721.18% 113.23%
SHAREHOLDERS EQUITY
Retained Earnings -$191.8M -$211.9M -$257.4M
YoY Change -15.64% -17.68% -13.05%
Common Stock $10.00K $10.00K $10.00K
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $71.00K $71.00K $71.00K
YoY Change 0.0% 0.0% 0.0%
Treasury Stock Shares 758.1K shares 758.1K shares 754.6K shares
Shareholders Equity $514.6M $483.7M $112.2M
YoY Change
Total Liabilities & Shareholders Equity $1.459B $1.473B $232.4M
YoY Change 460.17% 533.92% 104.52%

Cashflow Statement

Concept 2022 Q1 2021 Q4 2020 Q4
OPERATING ACTIVITIES
Net Income $20.10M $7.014M $14.52M
YoY Change -33.12% -51.68% 336.41%
Depreciation, Depletion And Amortization $16.51M $2.192M $1.151M
YoY Change 703.6% 90.44% 113.15%
Cash From Operating Activities $41.28M $35.71M $18.94M
YoY Change 190.98% 88.53% 124.41%
INVESTING ACTIVITIES
Capital Expenditures -$7.588M -$5.281M -$2.370M
YoY Change 185.91% 122.83% 72.99%
Acquisitions
YoY Change
Other Investing Activities -$530.0K -$136.0K $0.00
YoY Change -97.43%
Cash From Investing Activities -$8.118M -$5.417M -$2.360M
YoY Change -65.16% 129.53% 72.26%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -25.06M -9.747M -5.750M
YoY Change 629.19% 69.51% -473.38%
NET CHANGE
Cash From Operating Activities 41.28M 35.71M 18.94M
Cash From Investing Activities -8.118M -5.417M -2.360M
Cash From Financing Activities -25.06M -9.747M -5.750M
Net Change In Cash 8.103M 20.54M 10.83M
YoY Change -164.57% 89.7% 25.78%
FREE CASH FLOW
Cash From Operating Activities $41.28M $35.71M $18.94M
Capital Expenditures -$7.588M -$5.281M -$2.370M
Free Cash Flow $48.86M $40.99M $21.31M
YoY Change 190.18% 92.35% 117.23%

Facts In Submission

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us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
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CY2020Q4 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
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us-gaap Comprehensive Income Net Of Tax
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us-gaap Comprehensive Income Net Of Tax
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us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Diluted
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Profit Loss
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us-gaap Paid In Kind Interest
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us-gaap Share Based Compensation
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us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
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apps Increase Decrease In Allowance For Credit Loss
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apps Increase Decrease In Allowance For Credit Loss
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us-gaap Increase Decrease In Accounts Payable
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38467000 USD
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us-gaap Increase Decrease In Other Noncurrent Liabilities
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us-gaap Net Cash Provided By Used In Operating Activities
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43462000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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148192000 USD
us-gaap Payments For Proceeds From Productive Assets
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Proceeds From Issuance Of Debt
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apps Payments Of Business Combination Acquisition Price Liability
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2814000 USD
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
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us-gaap Repayments Of Long Term Debt
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us-gaap Repayments Of Long Term Debt
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us-gaap Net Cash Provided By Used In Financing Activities
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210298000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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apps Fair Value Of Contingent Consideration
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0 USD
CY2021Q2 us-gaap Number Of Businesses Acquired
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us-gaap Interest Paid Net
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us-gaap Interest Paid Net
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832000 USD
us-gaap Income Taxes Paid Net
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954000 USD
us-gaap Income Taxes Paid Net
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apps Fair Value Of Contingent Consideration
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204500000 USD
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2021Q3 us-gaap Profit Loss
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21452000 USD
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CY2021Q4 us-gaap Stock Issued During Period Value Stock Options Exercised
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CY2021Q4 apps Apic Share Based Payment Arrangement Decrease For Tax Withholding Obligation
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7587000 USD
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2021Q2 us-gaap Number Of Businesses Acquired
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77454000 USD
CY2020Q2 us-gaap Profit Loss
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2515000 USD
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14515000 USD
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us-gaap Nature Of Operations
NatureOfOperations
Description of BusinessDigital Turbine, Inc., through its subsidiaries (collectively "Digital Turbine" or the "Company"), is a leading end-to-end solution for mobile technology companies to enable advertising and monetization solutions. Its digital media platform powers frictionless end-to-end applications ("app" or "apps") for brand discovery and advertising, user acquisition and engagement, operational efficiency, and monetization opportunities. The Company provides on-device solutions to all participants in the mobile application ecosystem that want to connect with end users and consumers who hold the device, including mobile carriers and device original equipment manufacturers (“OEMs”) that participate in the app economy, app publishers and developers, and brands and advertising agencies.
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of income and expenses during the reporting period. Significant estimates and assumptions reflected in the financial statements include revenue recognition, including the determination of gross versus net revenue reporting, allowance for credit losses, stock-based compensation, fair value of acquired intangible assets and goodwill, useful lives of acquired intangible assets and property and equipment, fair value of contingent earn-out considerations (please see Note 13, "Commitments and Contingencies," for further information on the fair value of the Company's contingent earn-out considerations), incremental borrowing rates for right-of-use assets and lease liabilities, and tax valuation allowances. These estimates are based on information available as of the date of the financial statements; therefore, actual results could differ materially from management’s estimates using different assumptions or under different conditions.</span></div><div style="margin-top:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In light of the ongoing and quickly evolving COVID-19 pandemic, management has considered the impacts of the COVID-19 pandemic on the Company’s critical and significant accounting estimates. As of the date of issuance of these financial statements, the Company is not aware of any specific event or circumstance that would require the Company to update its estimates or judgments or revise the carrying value of its assets or liabilities as a result of the COVID-19 pandemic. Management's estimates may change as new events occur and additional information is obtained. Actual results could differ from estimates and any such differences may be material to the Company’s condensed consolidated financial statements.</span></div>
CY2021 us-gaap Number Of Reportable Segments
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1 segment
us-gaap Number Of Reportable Segments
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3 segment
CY2021Q4 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
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18200000 USD
CY2021Q4 apps Business Combination Acquisition Price Liability Current
BusinessCombinationAcquisitionPriceLiabilityCurrent
253700000 USD
CY2021Q4 us-gaap Business Acquisitions Pro Forma Revenue
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375487000 USD
CY2020Q4 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
271536000 USD
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
977740000 USD
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
604556000 USD
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7007000 USD
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-19183000 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-17262000 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
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-15226000 USD
CY2021Q4 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
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0.07
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BusinessAcquisitionProFormaEarningsPerShareBasic
-0.20
us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
-0.18
us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
-0.16
CY2021Q4 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
0.07
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BusinessAcquisitionProFormaEarningsPerShareDiluted
-0.19
us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
-0.17
us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
-0.15
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us-gaap Number Of Reportable Segments
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88592000 USD
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38448000 USD
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898307000 USD
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13050000 USD
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88592000 USD
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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218497000 USD
CY2021Q1 us-gaap Goodwill
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us-gaap Goodwill Foreign Currency Translation Gain Loss
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CY2021Q4 us-gaap Goodwill
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554975000 USD
CY2021Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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496228000 USD
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49693000 USD
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68926000 USD
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15626000 USD
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53300000 USD
CY2021Q4 us-gaap Amortization Of Intangible Assets
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13773000 USD
us-gaap Amortization Of Intangible Assets
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34873000 USD
CY2020Q4 us-gaap Amortization Of Intangible Assets
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670000 USD
us-gaap Amortization Of Intangible Assets
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2011000 USD
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CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
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CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
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CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
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CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
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CY2021Q4 apps Finite Lived Intangible Assets Amortization Expense After Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour
234101000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
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CY2021Q1 us-gaap Unbilled Receivables Current
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CY2021Q4 us-gaap Provision For Doubtful Accounts
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us-gaap Provision For Doubtful Accounts
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CY2020Q4 us-gaap Provision For Doubtful Accounts
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us-gaap Provision For Doubtful Accounts
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CY2021Q4 us-gaap Property Plant And Equipment Gross
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CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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16014000 USD
CY2021Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
10582000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
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25862000 USD
CY2021Q1 us-gaap Property Plant And Equipment Net
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13050000 USD
CY2021Q4 us-gaap Depreciation
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2192000 USD
us-gaap Depreciation
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6073000 USD
apps Lessee Operating Lease Number Of Renewal Options
LesseeOperatingLeaseNumberOfRenewalOptions
1 renewalOption
CY2020Q4 us-gaap Depreciation
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1151000 USD
us-gaap Depreciation
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3052000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
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1277000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
4576000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
4101000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
3028000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2578000 USD
CY2021Q4 apps Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
3000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
18560000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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1626000 USD
CY2021Q4 us-gaap Operating Lease Liability
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16934000 USD
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
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CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y9M3D
CY2021Q4 us-gaap Deferred Finance Costs Net
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3544000 USD
CY2021Q1 us-gaap Deferred Finance Costs Net
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443000 USD
CY2021Q4 us-gaap Long Term Debt
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354091000 USD
CY2021Q1 us-gaap Long Term Debt
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14557000 USD
CY2021Q4 us-gaap Long Term Debt Current
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CY2021Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
14557000 USD
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
341590000 USD
CY2021Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
0 USD
CY2021Q1 us-gaap Deferred Finance Costs Net
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443000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
4044000 USD
CY2021Q4 us-gaap Deferred Finance Costs Net
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3544000 USD
CY2021Q4 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
1940000 USD
CY2020Q4 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
266000 USD
us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
4565000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4286000 USD
us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
859000 USD
CY2021Q4 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
190000 USD
CY2020Q4 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
0 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
500000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
0 USD
CY2021Q4 us-gaap Debt Instrument Unused Borrowing Capacity Fee
DebtInstrumentUnusedBorrowingCapacityFee
65000 USD
CY2020Q4 us-gaap Debt Instrument Unused Borrowing Capacity Fee
DebtInstrumentUnusedBorrowingCapacityFee
0 USD
us-gaap Debt Instrument Unused Borrowing Capacity Fee
DebtInstrumentUnusedBorrowingCapacityFee
242000 USD
us-gaap Debt Instrument Unused Borrowing Capacity Fee
DebtInstrumentUnusedBorrowingCapacityFee
0 USD
CY2021Q4 us-gaap Interest Expense Debt
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2195000 USD
CY2020Q4 us-gaap Interest Expense Debt
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266000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
5307000 USD
us-gaap Interest Expense Debt
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859000 USD
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
8146445 shares
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
4.01
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y10M9D
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
622249000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
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us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
71.12
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
18.57
us-gaap Stock Issued During Period Shares Stock Options Exercised
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859564 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
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CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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7640928 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
9.17
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y2M15D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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402471000 USD
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
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7553669 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
8.88
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P6Y2M4D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
399790000 USD
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
5813445 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
4.19
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y5M23D
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
331487000 USD
CY2021Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
24233000 USD
CY2020Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
6495000 USD
CY2021Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
9448000 USD
CY2020Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
1463000 USD
CY2021Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
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11304613 shares
CY2021Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5739000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
15369000 USD
CY2020Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
160000 USD
CY2021Q4 us-gaap Profit Loss
ProfitLoss
7062000 USD
CY2020Q4 us-gaap Profit Loss
ProfitLoss
14515000 USD
us-gaap Profit Loss
ProfitLoss
15428000 USD
us-gaap Profit Loss
ProfitLoss
24828000 USD
CY2021Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
48000 USD
CY2020Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-18000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
7014000 USD
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
14515000 USD
us-gaap Net Income Loss
NetIncomeLoss
15446000 USD
us-gaap Net Income Loss
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24828000 USD
CY2021Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
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96548000 shares
CY2020Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
89003000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
94620000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
88140000 shares
CY2021Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.07
CY2020Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.16
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.16
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.27
CY2021Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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103287000 shares
CY2020Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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96976000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
101346000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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95563000 shares
CY2021Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.07
CY2020Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.15
CY2020Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.068
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.078
CY2021Q4 apps Business Combination Acquisition Price Liability Current
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253700000 USD
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.15
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.26
CY2021Q4 us-gaap Income Tax Expense Benefit Continuing Operations Discontinued Operations Extraordinary Items
IncomeTaxExpenseBenefitContinuingOperationsDiscontinuedOperationsExtraordinaryItems
3718000 USD
us-gaap Income Tax Expense Benefit Continuing Operations Discontinued Operations Extraordinary Items
IncomeTaxExpenseBenefitContinuingOperationsDiscontinuedOperationsExtraordinaryItems
4799000 USD
CY2021Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.345
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.237
CY2021Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deferred Tax Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxLiabilities
35733000 USD
us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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13667000 USD
CY2020Q4 us-gaap Income Tax Expense Benefit Continuing Operations Discontinued Operations Extraordinary Items
IncomeTaxExpenseBenefitContinuingOperationsDiscontinuedOperationsExtraordinaryItems
1061000 USD
us-gaap Income Tax Expense Benefit Continuing Operations Discontinued Operations Extraordinary Items
IncomeTaxExpenseBenefitContinuingOperationsDiscontinuedOperationsExtraordinaryItems
2098000 USD

Files In Submission

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0001628280-22-002020.txt Edgar Link pending
0001628280-22-002020-xbrl.zip Edgar Link pending
apps-20211231.htm Edgar Link pending
apps-20211231.xsd Edgar Link pending
apps-20211231_cal.xml Edgar Link unprocessable
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apps-20211231_htm.xml Edgar Link completed
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