2021 Q4 Form 10-K Financial Statement

#000166607122000022 Filed on March 01, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $90.05M $267.1M $67.08M
YoY Change 34.24% 42.93% -3.19%
Cost Of Revenue $46.46M $137.4M $38.39M
YoY Change 21.02% 30.36% -1.54%
Gross Profit $43.59M $129.7M $28.69M
YoY Change 51.93% 59.16% -5.34%
Gross Profit Margin 48.41% 48.56% 42.77%
Selling, General & Admin $42.01M $132.2M $27.71M
YoY Change 51.61% 43.97% 12.0%
% of Gross Profit 96.38% 101.93% 96.58%
Research & Development $11.51M $38.10M $5.090M
YoY Change 126.15% 117.34% 71.96%
% of Gross Profit 26.41% 29.38% 17.74%
Depreciation & Amortization $9.598M $29.87M $2.020M
YoY Change 375.15% 281.69% 48.53%
% of Gross Profit 22.02% 23.03% 7.04%
Operating Expenses $56.75M $170.3M $34.81M
YoY Change 63.04% 55.73% 19.83%
Operating Profit -$13.16M -$122.6M -$6.120M
YoY Change 115.08% 127.36% -585.71%
Interest Expense -$3.290M -$13.83M -$660.0K
YoY Change 398.48% 822.0% -312.9%
% of Operating Profit
Other Income/Expense, Net -$13.83M
YoY Change 822.62%
Pretax Income -$19.70M -$136.4M -$6.780M
YoY Change 190.55% 146.16% -297.67%
Income Tax -$7.864M $7.864M $0.00
% Of Pretax Income
Net Earnings -$11.84M -$128.6M -$6.780M
YoY Change 74.56% 131.97% -297.67%
Net Earnings / Revenue -13.14% -48.13% -10.11%
Basic Earnings Per Share -$3.99
Diluted Earnings Per Share -$354.3K -$3.992M -$244.7K
COMMON SHARES
Basic Shares Outstanding 33.27M shares 32.20M shares 27.46M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $233.5M $233.5M $293.2M
YoY Change -20.37% -20.37% 180.57%
Cash & Equivalents $233.5M $233.5M $293.2M
Short-Term Investments
Other Short-Term Assets $8.076M $8.076M $5.800M
YoY Change 39.24% 39.24% -1.69%
Inventory
Prepaid Expenses
Receivables $111.1M $111.1M $81.25M
Other Receivables $6.097M $6.097M $5.306M
Total Short-Term Assets $358.7M $358.7M $385.6M
YoY Change -6.97% -6.97% 97.0%
LONG-TERM ASSETS
Property, Plant & Equipment $11.27M $21.47M $13.87M
YoY Change -18.69% -12.73% -2.97%
Goodwill $742.5M $0.00
YoY Change
Intangibles $125.6M $447.0K
YoY Change 27987.25% 14.91%
Long-Term Investments
YoY Change
Other Assets $2.406M $2.406M $1.786M
YoY Change 34.71% -57.04% 4.69%
Total Long-Term Assets $905.1M $905.1M $36.95M
YoY Change 2349.72% 2352.77% 29.26%
TOTAL ASSETS
Total Short-Term Assets $358.7M $358.7M $385.6M
Total Long-Term Assets $905.1M $905.1M $36.95M
Total Assets $1.264B $1.264B $422.5M
YoY Change 199.1% 199.12% 88.37%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.619M $4.619M $1.363M
YoY Change 238.88% 229.93% 10.9%
Accrued Expenses $19.62M $37.75M $5.515M
YoY Change 255.76% 112.07% -8.36%
Deferred Revenue $3.280M $349.0K
YoY Change 839.83% -69.03%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $36.00K $36.00K $13.00K
YoY Change 176.92% -45.83%
Total Short-Term Liabilities $327.4M $327.4M $81.27M
YoY Change 302.77% 302.64% 3.66%
LONG-TERM LIABILITIES
Long-Term Debt $184.4M $184.4M $174.0M
YoY Change 6.0% 6.0% 1338446.15%
Other Long-Term Liabilities $4.550M $61.30M $679.0K
YoY Change 570.1% 506.92%
Total Long-Term Liabilities $4.550M $245.7M $174.7M
YoY Change -97.4% 33.49% 115.54%
TOTAL LIABILITIES
Total Short-Term Liabilities $327.4M $327.4M $81.27M
Total Long-Term Liabilities $4.550M $245.7M $174.7M
Total Liabilities $573.1M $573.1M $265.3M
YoY Change 115.98% 116.02% 227.4%
SHAREHOLDERS EQUITY
Retained Earnings -$522.6M -$394.1M
YoY Change 32.63% 16.37%
Common Stock $1.213B $551.4M
YoY Change 119.94% 14.74%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $690.7M $690.7M $157.2M
YoY Change
Total Liabilities & Shareholders Equity $1.264B $1.264B $422.5M
YoY Change 199.1% 199.12% 88.37%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income -$11.84M -$128.6M -$6.780M
YoY Change 74.56% 131.97% -297.67%
Depreciation, Depletion And Amortization $9.598M $29.87M $2.020M
YoY Change 375.15% 281.69% 48.53%
Cash From Operating Activities -$555.0K -$38.52M $5.610M
YoY Change -109.89% 407.02% 36.83%
INVESTING ACTIVITIES
Capital Expenditures -$3.414M $3.108M -$3.860M
YoY Change -11.55% -42.53% -16.27%
Acquisitions $494.1M
YoY Change
Other Investing Activities $0.00 -$494.1M
YoY Change
Cash From Investing Activities -$3.414M -$506.7M -$3.860M
YoY Change -11.55% 4908.35% -16.27%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $486.4M
YoY Change 4675.53%
Debt Paid & Issued, Net $0.00
YoY Change -100.0%
Cash From Financing Activities 225.0K $486.0M 3.420M
YoY Change -93.42% 135.43% -62.54%
NET CHANGE
Cash From Operating Activities -555.0K -$38.52M 5.610M
Cash From Investing Activities -3.414M -$506.7M -3.860M
Cash From Financing Activities 225.0K $486.0M 3.420M
Net Change In Cash -3.744M -$59.79M 5.170M
YoY Change -172.42% -131.67% -40.02%
FREE CASH FLOW
Cash From Operating Activities -$555.0K -$38.52M $5.610M
Capital Expenditures -$3.414M $3.108M -$3.860M
Free Cash Flow $2.859M -$41.63M $9.470M
YoY Change -69.81% 220.09% 8.73%

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<div style="margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:6pt"><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 </span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the </span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">consolidated financial statements. Significant items subject to such estimates and assumptions include revenue </span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">recognition, internal-use software development costs, stock-based compensation, allowance for doubtful accounts, </span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">valuation of acquired intangible assets of Dosh and Bridg, valuation of contingent consideration for Bridg, income tax including </span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">valuation allowance and contingencies. We base our estimates on historical experience and on assumptions that we believe are </span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">reasonable. Changes in facts or circumstances may cause us to change our assumptions and estimates in future periods and it is possible that actual results could differ from our current or revised future estimates</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Restructuring</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">During the first quarter of 2020, we began a strategic shift within our organization to increase productivity and optimize performance. This plan resulted in severance and medical benefits totaling $1.3 million during the year ended December 31, 2020. We recognize these costs when the extent of our actions is determined and the costs can be estimated. These charges are reflected on our consolidated statement of operations for the year ended December 31, 2020, as follows: $1.1 million in sales and marketing expense, $0.1 million in general and administrative expense and $0.1 million in research and development expense. Severance and medical benefits of $0.9 million had been paid to former employees through December 31, 2020.</span></div>As a part of our integration efforts with our acquired companies, we have continued to evaluate the optimal structure of the combined organization. As a result, during the year ended December 31, 2021 we have recognized $1.2 million in severance and medical benefits related to our acquisitions. These charges are reflected on our consolidated statement of operations within acquisition and integration costs. Additionally, during the year ended December 31, 2021, we recognized $0.8 million of severance and medical benefits charges related to internal restructuring. These charges are reflected on our consolidated statement of operations as follows: $0.1 million in delivery costs, $0.4 million in sales and marketing expense, and $0.3 million in research and development expense. We recognize these costs when the extent of our actions is determined and the costs can be estimated. As of December 31, 2021, $0.6 million of severance and medical benefits related to integration efforts and 2021 restructuring owed to former employees remains unpaid.
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CY2019Q4 cdlx Property And Equipment Incurred But Not Yet Paid
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456000 USD
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242000 USD
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267000 USD
CY2019Q4 cdlx Capitalized Software Development Costs Incurredbut Notyet Paid
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10000 USD
CY2020Q4 cdlx Capitalized Software Development Costs Incurredbut Notyet Paid
CapitalizedSoftwareDevelopmentCostsIncurredbutNotyetPaid
68000 USD
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253000 USD
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447000 USD
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562000 USD
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19495000 USD
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2931000 USD
CY2021Q4 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
6364000 USD
CY2020Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
6299000 USD
CY2021Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
13131000 USD
CY2021Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
230000000 USD
CY2021Q4 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.0100
CY2020Q3 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
222700000 USD
CY2021Q4 cdlx Debt Issuance Costs Amortization Year Two
DebtIssuanceCostsAmortizationYearTwo
1145000 USD
CY2021Q4 cdlx Debt Issuance Costs Amortization Year Three
DebtIssuanceCostsAmortizationYearThree
1151000 USD
CY2021Q4 cdlx Debt Issuance Costs Amortization Year Four
DebtIssuanceCostsAmortizationYearFour
1312000 USD
CY2021Q4 cdlx Debt Issuance Costs Amortization Year Five
DebtIssuanceCostsAmortizationYearFive
1036000 USD
CY2021Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
4644000 USD
CY2018Q4 us-gaap Deferred Costs
DeferredCosts
0 USD
CY2019Q4 us-gaap Deferred Costs
DeferredCosts
0 USD
CY2020Q4 us-gaap Deferred Costs
DeferredCosts
0 USD
CY2019 cdlx Deferred Offering Costs Incurred During Period
DeferredOfferingCostsIncurredDuringPeriod
196000 USD
CY2020 cdlx Deferred Offering Costs Incurred During Period
DeferredOfferingCostsIncurredDuringPeriod
0 USD
CY2021 cdlx Deferred Offering Costs Incurred During Period
DeferredOfferingCostsIncurredDuringPeriod
190000 USD
CY2019 cdlx Saleof Stock Issuance Costs
SaleofStockIssuanceCosts
196000 USD
CY2020 cdlx Saleof Stock Issuance Costs
SaleofStockIssuanceCosts
0 USD
CY2021 cdlx Saleof Stock Issuance Costs
SaleofStockIssuanceCosts
190000 USD
CY2019Q4 us-gaap Deferred Costs
DeferredCosts
0 USD
CY2020Q4 us-gaap Deferred Costs
DeferredCosts
0 USD
CY2021Q4 us-gaap Deferred Costs
DeferredCosts
0 USD
CY2019 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
1400000 USD
CY2020 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
1000000 USD
CY2021 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
3700000 USD
CY2021Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deferred Tax Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxLiabilities
5562000 USD
CY2021Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deferred Tax Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxLiabilities
2302000 USD
CY2020 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
223259000 USD
CY2021Q4 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
274486000 USD
CY2020 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-92883000 USD
CY2021Q4 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-138422000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
0 USD
CY2021 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
742516000 USD
CY2021Q4 us-gaap Goodwill
Goodwill
742516000 USD
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
19700000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
26186000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
26120000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
25400000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
25252000 USD
CY2021Q4 cdlx Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
17558000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
4472000 USD
CY2019 cdlx Consumer Incentives Expense
ConsumerIncentivesExpense
105600000 USD
CY2020 cdlx Consumer Incentives Expense
ConsumerIncentivesExpense
76500000 USD
CY2021 cdlx Consumer Incentives Expense
ConsumerIncentivesExpense
127000000.0 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
210430000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
186892000 USD
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
258754000 USD
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
78000 USD
CY2021Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
17900000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
5100000 USD
CY2021 cdlx Increase In Operating Lease Liability
IncreaseInOperatingLeaseLiability
5500000 USD
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
4000000 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
7300000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
10764000 USD
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
10196000 USD
CY2020Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
9000 USD
CY2021Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
86000 USD
CY2020Q4 cdlx Total Lease Assets
TotalLeaseAssets
10773000 USD
CY2021Q4 cdlx Total Lease Assets
TotalLeaseAssets
10282000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4718000 USD
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
6028000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
9381000 USD
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
6801000 USD
CY2020Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
13000 USD
CY2021Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
36000 USD
CY2020Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
0 USD
CY2021Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
50000 USD
CY2020Q4 cdlx Total Lease Liabilities
TotalLeaseLiabilities
14112000 USD
CY2021Q4 cdlx Total Lease Liabilities
TotalLeaseLiabilities
12915000 USD
CY2020 us-gaap Operating Lease Expense
OperatingLeaseExpense
4078000 USD
CY2021 us-gaap Operating Lease Expense
OperatingLeaseExpense
5632000 USD
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
847000 USD
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
936000 USD
CY2020 us-gaap Short Term Lease Cost
ShortTermLeaseCost
232000 USD
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
119000 USD
CY2020 us-gaap Lease Cost
LeaseCost
5157000 USD
CY2021 us-gaap Lease Cost
LeaseCost
6687000 USD
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.034
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.034
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y3M
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y4M9D
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
6334000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
4472000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1920000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
611000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
13337000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
508000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
12829000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
35112000 USD
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
37798000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
21247000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
26525000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
13865000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
11273000 USD
CY2019 us-gaap Depreciation Nonproduction
DepreciationNonproduction
4000000 USD
CY2020 us-gaap Depreciation Nonproduction
DepreciationNonproduction
5600000 USD
CY2021 us-gaap Depreciation Nonproduction
DepreciationNonproduction
6700000 USD
CY2020Q4 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
174011000 USD
CY2021Q4 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
184398000 USD
CY2021Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
230000000 USD
CY2021Q4 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.0100
CY2021Q4 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.0100
CY2020Q3 us-gaap Debt Instrument Convertible Threshold Consecutive Trading Days1
DebtInstrumentConvertibleThresholdConsecutiveTradingDays1
30000 numberOfDays
CY2020Q3 us-gaap Debt Instrument Convertible Threshold Percentage Of Stock Price Trigger
DebtInstrumentConvertibleThresholdPercentageOfStockPriceTrigger
1.30
CY2020Q3 us-gaap Debt Instrument Convertible Conversion Ratio1
DebtInstrumentConvertibleConversionRatio1
11.7457
CY2020Q3 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
85140
CY2020Q3 us-gaap Debt Instrument Convertible Threshold Percentage Of Stock Price Trigger
DebtInstrumentConvertibleThresholdPercentageOfStockPriceTrigger
1.30
CY2020Q3 us-gaap Debt Instrument Convertible Threshold Consecutive Trading Days1
DebtInstrumentConvertibleThresholdConsecutiveTradingDays1
30000 numberOfDays
CY2020Q3 us-gaap Debt Instrument Redemption Price Percentage
DebtInstrumentRedemptionPricePercentage
1
CY2020Q3 us-gaap Debt Instrument Redemption Price Percentage
DebtInstrumentRedemptionPricePercentage
1
CY2020Q3 us-gaap Debt Instrument Convertible Threshold Consecutive Trading Days1
DebtInstrumentConvertibleThresholdConsecutiveTradingDays1
30000 numberOfDays
CY2020Q3 us-gaap Debt Instrument Convertible Threshold Consecutive Trading Days1
DebtInstrumentConvertibleThresholdConsecutiveTradingDays1
30000 numberOfDays
CY2020Q3 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
222700000 USD
CY2020Q3 us-gaap Debt Instrument Call Feature
DebtInstrumentCallFeature
26.5 million
CY2020Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
230000000 USD
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
230000000 USD
CY2020Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
50610000 USD
CY2021Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
41098000 USD
CY2020Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
5379000 USD
CY2021Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
4504000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
174011000 USD
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
184398000 USD
CY2020Q4 us-gaap Debt Instrument Convertible Carrying Amount Of The Equity Component
DebtInstrumentConvertibleCarryingAmountOfTheEquityComponent
53096000 USD
CY2021Q4 us-gaap Debt Instrument Convertible Carrying Amount Of The Equity Component
DebtInstrumentConvertibleCarryingAmountOfTheEquityComponent
53096000 USD
CY2020Q4 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
1680000 USD
CY2021Q4 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
1680000 USD
CY2020 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt Subsequent Adjustments
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebtSubsequentAdjustments
51416000 USD
CY2021 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt Subsequent Adjustments
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebtSubsequentAdjustments
51416000 USD
CY2020 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
626000 USD
CY2021 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
2300000 USD
CY2020 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
2486000 USD
CY2021 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
9513000 USD
CY2020 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
217000 USD
CY2021 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
874000 USD
CY2020 us-gaap Interest Expense Debt
InterestExpenseDebt
3329000 USD
CY2021 us-gaap Interest Expense Debt
InterestExpenseDebt
12687000 USD
CY2020Q4 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.0532
CY2021 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
500000 USD
CY2021Q4 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.0552
CY2020Q3 us-gaap Debt Instrument Call Feature
DebtInstrumentCallFeature
26.5 million
CY2021Q4 cdlx Line Of Credit Facility Maximum Borrowing Capacity Percentage Of Eligible Accounts Receivable
LineOfCreditFacilityMaximumBorrowingCapacityPercentageOfEligibleAccountsReceivable
0.85
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
2033227 shares
CY2021Q4 cdlx Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized Annual Percentage Increase
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorizedAnnualPercentageIncrease
0.05
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
1676682 shares
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
15851000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
32396000 USD
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
50264000 USD
CY2021 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
500000 USD
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P10Y
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1774000 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
20.55
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
39000 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
20.64
CY2019 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
716000 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
16.84
CY2019Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
21399000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
31000 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
23.95
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
66000 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
22.37
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1000000 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
22.99
CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
467000 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
21.78
CY2020Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
29523000 USD
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
19000 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
27.83
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
1000 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
21.89
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
513000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
23.91
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
106000 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
19.11
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
9710000 USD
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
1000 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
22.16
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
406000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
25.17
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
16608000 USD
CY2021Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
406000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
25.17
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
16608000 USD
CY2019Q2 cdlx Sharebased Compensation Arrangementby Sharebased Payment Award Monthly Average Closing Price Common Stock Threshold
SharebasedCompensationArrangementbySharebasedPaymentAwardMonthlyAverageClosingPriceCommonStockThreshold
66.09
CY2019Q2 cdlx Sharebased Compensation Arrangementby Sharebased Payment Award Monthly Average Closing Price Common Stock Threshold
SharebasedCompensationArrangementbySharebasedPaymentAwardMonthlyAverageClosingPriceCommonStockThreshold
66.09
CY2021 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
711255 shares
CY2020Q1 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
335336000 shares
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-13464000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-42613000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-122087000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-3680000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-12809000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-14342000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-17144000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-55422000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-136429000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
0 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
0 USD
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
0 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
0 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
0 USD
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
0 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
1326000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
23062000 USD
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
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