2021 Q4 Form 10-K Financial Statement

#000180822022000029 Filed on March 16, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $449.6M $1.062B $445.9M
YoY Change 0.83% 21.09%
Cost Of Revenue $99.89M $239.3M $94.70M
YoY Change 5.48% 20.15%
Gross Profit $349.7M $823.1M $351.2M
YoY Change -0.42% 21.37%
Gross Profit Margin 77.78% 77.47% 78.76%
Selling, General & Admin $226.4M $470.9M $116.9M
YoY Change 93.65% 4.69%
% of Gross Profit 64.73% 57.21% 33.29%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $30.33M $13.45M $25.12M
YoY Change 20.75% 199.18% -20.13%
% of Gross Profit 8.67% 1.63% 7.15%
Operating Expenses $386.4M $926.0M $209.4M
YoY Change 84.55% 24.68%
Operating Profit -$36.73M -$489.4M $141.8M
YoY Change -125.9% 658.29%
Interest Expense -$9.619M $33.51M -$8.600M
YoY Change 11.85% 1.63%
% of Operating Profit -6.06%
Other Income/Expense, Net $696.0K $669.0K -$100.0K
YoY Change -796.0% 86.87%
Pretax Income -$432.2M -$534.2M $133.1M
YoY Change -424.72% 449.85%
Income Tax $118.0K -$24.00K $0.00
% Of Pretax Income 0.0%
Net Earnings -$155.1M -$189.4M $36.00M
YoY Change -530.82% 327.76%
Net Earnings / Revenue -34.5% -17.82% 8.07%
Basic Earnings Per Share -$1.79
Diluted Earnings Per Share -$483.4K -$1.79 $112.1K
COMMON SHARES
Basic Shares Outstanding 106.0M shares
Diluted Shares Outstanding 106.0M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $84.36M $84.36M $144.2M
YoY Change -41.5% -41.5%
Cash & Equivalents $84.36M $84.36M $144.2M
Short-Term Investments
Other Short-Term Assets $58.70M $58.70M $29.20M
YoY Change 101.01% 101.01%
Inventory
Prepaid Expenses
Receivables $17.28M $17.28M $14.21M
Other Receivables $268.7M $268.7M $191.5M
Total Short-Term Assets $429.0M $429.0M $391.8M
YoY Change 9.49% 9.49% 172.54%
LONG-TERM ASSETS
Property, Plant & Equipment $47.74M $47.74M $17.35M
YoY Change 175.08% 174.34% 173.75%
Goodwill $0.00 $386.6M
YoY Change -100.0% 0.0%
Intangibles $594.7M $688.7M
YoY Change -13.66% -12.02%
Long-Term Investments
YoY Change
Other Assets $3.608M $3.608M $2.072M
YoY Change 74.13% 71.81% 107.62%
Total Long-Term Assets $1.640B $1.640B $1.717B
YoY Change -4.49% -4.49% 17.72%
TOTAL ASSETS
Total Short-Term Assets $429.0M $429.0M $391.8M
Total Long-Term Assets $1.640B $1.640B $1.717B
Total Assets $2.069B $2.069B $2.109B
YoY Change -1.89% -1.89% 31.61%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $39.84M $39.84M $8.733M
YoY Change 356.23% 357.97% -35.7%
Accrued Expenses $52.79M $58.91M $26.93M
YoY Change 96.05% 119.01% 19.31%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $5.270M $5.373M $4.170M
YoY Change 26.38% 27.93% 39.0%
Total Short-Term Liabilities $217.1M $217.1M $127.4M
YoY Change 70.42% 70.38% 12.65%
LONG-TERM LIABILITIES
Long-Term Debt $665.1M $665.1M $396.4M
YoY Change 67.79% 67.79% 37.53%
Other Long-Term Liabilities $0.00 $294.2M $3.274M
YoY Change -100.0% 58.25% 393.07%
Total Long-Term Liabilities $959.3M $959.3M $582.3M
YoY Change 64.75% 64.74% -7.44%
TOTAL LIABILITIES
Total Short-Term Liabilities $217.1M $217.1M $127.4M
Total Long-Term Liabilities $959.3M $959.3M $582.3M
Total Liabilities $1.176B $1.716B $709.6M
YoY Change 65.77% -0.73% -4.38%
SHAREHOLDERS EQUITY
Retained Earnings -$208.3M -$18.80M
YoY Change 1007.95%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $353.1M $353.1M $380.4M
YoY Change
Total Liabilities & Shareholders Equity $2.069B $2.069B $2.109B
YoY Change -1.89% -1.89% 31.61%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income -$155.1M -$189.4M $36.00M
YoY Change -530.82% 327.76%
Depreciation, Depletion And Amortization $30.33M $13.45M $25.12M
YoY Change 20.75% 199.18% -20.13%
Cash From Operating Activities -$226.6M -$299.0M -$143.1M
YoY Change 58.39% 161.79% 11626.23%
INVESTING ACTIVITIES
Capital Expenditures -$532.0K -$19.80M -$2.500M
YoY Change -78.72% 36.37% -58.88%
Acquisitions $0.00
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$532.0K -$19.80M -$2.500M
YoY Change -78.72% 36.34% -99.69%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 226.3M $259.1M -4.920M
YoY Change -4700.53% -0.6% -100.6%
NET CHANGE
Cash From Operating Activities -226.6M -$299.0M -143.1M
Cash From Investing Activities -532.0K -$19.80M -2.500M
Cash From Financing Activities 226.3M $259.1M -4.920M
Net Change In Cash -773.0K -$59.87M -150.5M
YoY Change -99.49% -145.37% -1421.16%
FREE CASH FLOW
Cash From Operating Activities -$226.6M -$299.0M -$143.1M
Capital Expenditures -$532.0K -$19.80M -$2.500M
Free Cash Flow -$226.1M -$279.2M -$140.6M
YoY Change 60.82% 180.05% -2992.18%

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84361000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
144234000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12276000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
708000 USD
CY2021 us-gaap Interest Paid Net
InterestPaidNet
28244000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
32671000 USD
us-gaap Interest Paid Net
InterestPaidNet
5437000 USD
us-gaap Interest Paid Net
InterestPaidNet
140000 USD
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
879000 USD
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
286000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
55000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
122000 USD
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
633000 USD
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
491000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
46000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
113000 USD
CY2021 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
0 USD
CY2020 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
0 USD
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
0 USD
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
744000 USD
CY2021 us-gaap Stock Issued1
StockIssued1
0 USD
CY2020 us-gaap Stock Issued1
StockIssued1
30000 USD
us-gaap Stock Issued1
StockIssued1
0 USD
us-gaap Stock Issued1
StockIssued1
0 USD
goco Settlement Of Contingent Consideration Liability
SettlementOfContingentConsiderationLiability
0 USD
goco Settlement Of Contingent Consideration Liability
SettlementOfContingentConsiderationLiability
0 USD
CY2021 goco Settlement Of Contingent Consideration Liability
SettlementOfContingentConsiderationLiability
0 USD
CY2020 goco Settlement Of Contingent Consideration Liability
SettlementOfContingentConsiderationLiability
62400000 USD
CY2020Q3 goco Payments To Acquire Noncontrolling Interests
PaymentsToAcquireNoncontrollingInterests
508300000 USD
CY2020Q3 goco Limited Liability Company Units Redeemed Shares
LimitedLiabilityCompanyUnitsRedeemedShares
25480000 shares
CY2020Q3 us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
100000000 USD
CY2020Q3 goco Common Units To Class A Common Stock Conversion Ratio
CommonUnitsToClassACommonStockConversionRatio
1
CY2021 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:12pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The preparation of the Consolidated Financial Statements in conformity with U.S. GAAP requires management to make estimates, judgments, and assumptions that affect the reported amounts of assets and liabilities at the date of the Consolidated Financial Statements, and the reported amounts of revenues and expenses during the reporting periods. The Company bases its estimates on historical experience and on various other assumptions that management believes are reasonable under the circumstances, the results of which form the basis for making judgments about carrying values of assets and liabilities that are not readily apparent from other sources. Actual results could differ from those estimates.</span></div>
CY2021 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-top:12pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Concentration of Credit Risk</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash, accounts receivable, unbilled receivables, and commissions receivable. The maximum exposure risk of these accounts is equal to the amounts stated on the Company’s Consolidated Balance Sheets. The Company places its cash with high-credit-quality financial institutions and, at times, such deposits may be in excess of federally insured limits. To date, the Company has not experienced any losses on its cash balances and periodic evaluations of the relative credit standing of the financial institutions are performed.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:112%">Accounts receivable, unbilled receivables, and commissions receivable are primarily derived from customers located in North America. The Company performs ongoing credit evaluations of customers’ financial condition and requires no collateral from customers. The Company maintains an allowance for doubtful accounts and credit losses based upon the expected collectability of accounts receivable, unbilled receivables, and commissions receivable.</span></div>
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
386600000 USD
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2020 us-gaap Depreciation
Depreciation
2900000 USD
CY2021 us-gaap Advertising Expense
AdvertisingExpense
323300000 USD
CY2020 us-gaap Advertising Expense
AdvertisingExpense
156900000 USD
us-gaap Advertising Expense
AdvertisingExpense
18800000 USD
us-gaap Advertising Expense
AdvertisingExpense
29300000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
62640000 USD
us-gaap Financial Designation Predecessor And Successor Fixed List
FinancialDesignationPredecessorAndSuccessorFixedList
Predecessor
CY2021 us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
300000 USD
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
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10326000 USD
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
5016000 USD
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
24273000 USD
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
17353000 USD
CY2021 us-gaap Depreciation
Depreciation
9300000 USD
us-gaap Depreciation
Depreciation
400000 USD
us-gaap Depreciation
Depreciation
1300000 USD
CY2021 us-gaap Capitalized Computer Software Amortization1
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4200000 USD
CY2020 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
1600000 USD
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
100000 USD
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
3000000 USD
CY2021Q4 goco Accrued Bonuses And Commissions Current
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18583000 USD
CY2020Q4 goco Accrued Bonuses And Commissions Current
AccruedBonusesAndCommissionsCurrent
13284000 USD
CY2021Q4 us-gaap Accrued Salaries Current
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12824000 USD
CY2020Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
6326000 USD
CY2021Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
13065000 USD
CY2020Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
2132000 USD
CY2021Q4 us-gaap Interest Payable Current
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2994000 USD
CY2020Q4 us-gaap Interest Payable Current
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0 USD
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
5322000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
5184000 USD
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
52788000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
26926000 USD
CY2021 us-gaap Number Of Reporting Units
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4 reporting_unit
CY2021 us-gaap Number Of Operating Segments
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4 segment
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
728000000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
216331000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
511669000 USD
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
594669000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
728000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
122274000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
605726000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
688726000 USD
CY2021 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 USD
us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 USD
us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 USD
CY2020 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
94057000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
94057000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
94057000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
94057000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
72801000 USD
CY2019Q3 goco Liquidation Condition Minimum Voting Interest Required After Merger
LiquidationConditionMinimumVotingInterestRequiredAfterMerger
0.50
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
511669000 USD
CY2021Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
8018000 USD
CY2020Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
11803000 USD
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
670385000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
400570000 USD
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
5270000 USD
CY2020Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
4170000 USD
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
665115000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
396400000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
5270000 USD
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
105000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
5270000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
160270000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
507593000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
0 USD
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
678403000 USD
CY2020Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2020Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2020Q3 goco Stockholders Equity Note Number Of Shares Of Class A Common Stock Issued To Number Of Llc Interests Owned Required Ratio
StockholdersEquityNoteNumberOfSharesOfClassACommonStockIssuedToNumberOfLLCInterestsOwnedRequiredRatio
1
goco Tax Distribution To Class A And Class B Unit Holders Percent
TaxDistributionToClassAAndClassBUnitHoldersPercent
0.45
CY2019Q3 us-gaap Temporary Equity Liquidation Preference Per Share
TemporaryEquityLiquidationPreferencePerShare
10.00
us-gaap Financial Designation Predecessor And Successor Fixed List
FinancialDesignationPredecessorAndSuccessorFixedList
Predecessor
CY2020 us-gaap Profit Loss
ProfitLoss
-97200000 USD
CY2021 goco Net Income Loss Including Portion Attributable To Noncontrolling Interest Prior To The Transactions
NetIncomeLossIncludingPortionAttributableToNoncontrollingInterestPriorToTheTransactions
0 USD
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
27297000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
216229000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
448000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
87060000 USD
CY2020Q3 goco Number Of Shares Of Llc Interests To Class B Common Stock Ratio
NumberOfSharesOfLLCInterestsToClassBCommonStockRatio
1
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2021 goco Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageGrantDateFairValue
0
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2307000 shares
CY2020Q4 goco Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue
10.88
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P9Y6M
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 USD
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
3210000 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
7.19
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
671000 shares
CY2021 goco Share Based Compensation Arrangement By Share Based Payment Award Options Forfeited In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeitedInPeriodWeightedAverageGrantDateFairValue
10.27
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4846000 shares
CY2021Q4 goco Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue
8.52
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P9Y
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
585000 shares
CY2021Q4 goco Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageGrantDateFairValue
10.88
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P8Y6M
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
0 USD
CY2021Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
26400000 USD
CY2021 us-gaap Profit Loss
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-534194000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-97157000 USD
CY2020 goco Net Income Loss Including Portion Attributable To Noncontrolling Interest Prior To The Transactions
NetIncomeLossIncludingPortionAttributableToNoncontrollingInterestPriorToTheTransactions
-25465000 USD
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-344837000 USD
CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-52933000 USD
CY2021 goco Net Income Loss Attributable To Parent Subsequent To Reorganization Transactions
NetIncomeLossAttributableToParentSubsequentToReorganizationTransactions
-189357000 USD
CY2020 goco Net Income Loss Attributable To Parent Subsequent To Reorganization Transactions
NetIncomeLossAttributableToParentSubsequentToReorganizationTransactions
-18802000 USD
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
105991000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
84189000 shares
CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2020 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
105991000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
84189000 shares
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.79
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.79
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.22
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.22
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
16039000 USD
us-gaap Financial Designation Predecessor And Successor Fixed List
FinancialDesignationPredecessorAndSuccessorFixedList
Predecessor
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-534929000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-98297000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
15514000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-57227000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
711000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
1140000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
525000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
98000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-534218000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-57129000 USD
us-gaap Financial Designation Predecessor And Successor Fixed List
FinancialDesignationPredecessorAndSuccessorFixedList
Predecessor
CY2021 us-gaap Current Federal Tax Expense Benefit
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-87000 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-89000 USD
us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-3000 USD
us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
65000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
231000 USD
us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-1000 USD
us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
57000 USD
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
256000 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
91000 USD
us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
110000 USD
us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
21000 USD
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
234000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
233000 USD
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
106000 USD
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
78000 USD
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-190000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-106000 USD
us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-75000 USD
us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-114000 USD
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-68000 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-84000 USD
us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
13000 USD
us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-30000 USD
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
0 USD
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
0 USD
us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
0 USD
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.001
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.000
us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
0 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-258000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-190000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-62000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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