2021 Q4 Form 10-K Financial Statement

#000162828022004899 Filed on March 03, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $102.5M $323.5M
YoY Change 34.44%
Cost Of Revenue $16.38M $54.57M
YoY Change 34.73%
Gross Profit $86.09M $268.9M
YoY Change 34.39%
Gross Profit Margin 84.01% 83.13%
Selling, General & Admin $44.98M $166.0M
YoY Change 67.2%
% of Gross Profit 52.25% 61.74%
Research & Development $19.47M $67.02M
YoY Change 36.8%
% of Gross Profit 22.61% 24.92%
Depreciation & Amortization $17.19M $1.719M $49.37M
YoY Change -65.19% -42.33%
% of Gross Profit 19.96% 0.64%
Operating Expenses $81.63M $233.1M
YoY Change 57.16%
Operating Profit $4.459M -$33.01M
YoY Change 137.82%
Interest Expense -$1.364M $19.24M
YoY Change -39.04%
% of Operating Profit -30.59%
Other Income/Expense, Net
YoY Change
Pretax Income -$3.505M -$55.98M
YoY Change 23.16%
Income Tax $1.317M -$3.538M
% Of Pretax Income
Net Earnings -$4.822M -$52.44M
YoY Change 61.97%
Net Earnings / Revenue -4.71% -16.21%
Basic Earnings Per Share -$0.37
Diluted Earnings Per Share -$31.29K -$0.37
COMMON SHARES
Basic Shares Outstanding 153.9M shares 143.5M shares
Diluted Shares Outstanding 143.5M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $73.21M $73.21M
YoY Change 41.51%
Cash & Equivalents $73.21M $73.21M $51.73M
Short-Term Investments
Other Short-Term Assets $7.702M $7.702M
YoY Change 79.62%
Inventory
Prepaid Expenses
Receivables $53.03M $53.03M $45.42M
Other Receivables $36.23M $36.23M
Total Short-Term Assets $170.2M $170.2M $129.5M
YoY Change 31.38% 31.38%
LONG-TERM ASSETS
Property, Plant & Equipment $1.413M $1.413M $2.243M
YoY Change -37.0% -37.0%
Goodwill $676.5M $458.6M
YoY Change 47.52% 0.2%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $4.143M $5.030M $3.557M
YoY Change 16.47% 41.41%
Total Long-Term Assets $959.4M $959.4M $720.1M
YoY Change 33.24% 33.24%
TOTAL ASSETS
Total Short-Term Assets $170.2M $170.2M $129.5M
Total Long-Term Assets $959.4M $959.4M $720.1M
Total Assets $1.130B $1.130B $849.6M
YoY Change 32.95% 32.95%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.307M $8.307M $8.808M
YoY Change -5.69% -5.69%
Accrued Expenses $39.90M $39.90M
YoY Change 33.08%
Deferred Revenue $160.0K $1.144M
YoY Change -86.01%
Short-Term Debt $1.976M $1.976M $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00
YoY Change -100.0%
Total Short-Term Liabilities $56.49M $56.49M $40.41M
YoY Change 39.8% 39.8%
LONG-TERM LIABILITIES
Long-Term Debt $242.8M $242.8M $351.1M
YoY Change -30.84% -30.84%
Other Long-Term Liabilities $8.681M $9.535M $0.00
YoY Change 421.89%
Total Long-Term Liabilities $251.5M $252.3M $351.1M
YoY Change -28.37% -28.5%
TOTAL LIABILITIES
Total Short-Term Liabilities $56.49M $56.49M $40.41M
Total Long-Term Liabilities $251.5M $252.3M $351.1M
Total Liabilities $362.3M $362.3M $418.1M
YoY Change -13.33% -13.33%
SHAREHOLDERS EQUITY
Retained Earnings -$14.60M -$126.8M
YoY Change -88.48%
Common Stock $154.0K $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $767.2M $767.2M $431.5M
YoY Change
Total Liabilities & Shareholders Equity $1.130B $1.130B $849.6M
YoY Change 32.95% 32.95%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income -$4.822M -$52.44M
YoY Change 61.97%
Depreciation, Depletion And Amortization $17.19M $1.719M $49.37M
YoY Change -65.19% -42.33%
Cash From Operating Activities $25.94M $63.60M $32.53M
YoY Change -20.26% 87.39%
INVESTING ACTIVITIES
Capital Expenditures -$3.010M $955.0K -$4.763M
YoY Change -36.8% 49.69%
Acquisitions $186.4M
YoY Change
Other Investing Activities -$20.23M -$186.4M $0.00
YoY Change
Cash From Investing Activities -$23.24M -$200.1M -$4.763M
YoY Change 387.95% 1970.92%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 6.983M $160.2M -1.084M
YoY Change -744.19% -9545.17%
NET CHANGE
Cash From Operating Activities 25.94M $63.60M 32.53M
Cash From Investing Activities -23.24M -$200.1M -4.763M
Cash From Financing Activities 6.983M $160.2M -1.084M
Net Change In Cash 9.681M $23.69M 26.68M
YoY Change -63.72% 4.93%
FREE CASH FLOW
Cash From Operating Activities $25.94M $63.60M $32.53M
Capital Expenditures -$3.010M $955.0K -$4.763M
Free Cash Flow $28.95M $62.64M $37.29M
YoY Change -22.37% 88.11%

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CY2021 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
274357000 USD
CY2021 ias Net Income Loss After Corporate Conversion
NetIncomeLossAfterCorporateConversion
-14600000 USD
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
767190000 USD
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-52437000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-32374000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
-51348000 USD
CY2021 us-gaap Depreciation And Amortization
DepreciationAndAmortization
62286000 USD
CY2020 us-gaap Depreciation And Amortization
DepreciationAndAmortization
65708000 USD
CY2019 us-gaap Depreciation And Amortization
DepreciationAndAmortization
70327000 USD
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
58766000 USD
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
0 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
0 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-9662000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-15312000 USD
CY2021 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-218000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-16929000 USD
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-3721000 USD
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2019 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2021 us-gaap Restructuring Charges
RestructuringCharges
6519000 USD
CY2020 us-gaap Restructuring Charges
RestructuringCharges
0 USD
CY2019 us-gaap Restructuring Charges
RestructuringCharges
0 USD
CY2021 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1136000 USD
CY2020 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1365000 USD
CY2019 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1272000 USD
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3024000 USD
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2200000 USD
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3396000 USD
CY2021 us-gaap Paid In Kind Interest
PaidInKindInterest
394000 USD
CY2020 us-gaap Paid In Kind Interest
PaidInKindInterest
4483000 USD
CY2019 us-gaap Paid In Kind Interest
PaidInKindInterest
4191000 USD
CY2021 ias Increase Decrease In Unbilled Receivable
IncreaseDecreaseInUnbilledReceivable
8504000 USD
CY2020 ias Increase Decrease In Unbilled Receivable
IncreaseDecreaseInUnbilledReceivable
3910000 USD
CY2019 ias Increase Decrease In Unbilled Receivable
IncreaseDecreaseInUnbilledReceivable
5226000 USD
CY2020 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
10000 USD
CY2019 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
CY2021 us-gaap Capitalized Computer Software Impairments1
CapitalizedComputerSoftwareImpairments1
0 USD
CY2020 us-gaap Capitalized Computer Software Impairments1
CapitalizedComputerSoftwareImpairments1
0 USD
CY2019 us-gaap Capitalized Computer Software Impairments1
CapitalizedComputerSoftwareImpairments1
861000 USD
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
9095000 USD
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
4426000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
6352000 USD
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3617000 USD
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-264000 USD
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3747000 USD
CY2021 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
614000 USD
CY2020 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
0 USD
CY2019 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
0 USD
CY2021 us-gaap Increase Decrease In Due From Related Parties Current
IncreaseDecreaseInDueFromRelatedPartiesCurrent
-15000 USD
CY2020 us-gaap Increase Decrease In Due From Related Parties Current
IncreaseDecreaseInDueFromRelatedPartiesCurrent
0 USD
CY2019 us-gaap Increase Decrease In Due From Related Parties Current
IncreaseDecreaseInDueFromRelatedPartiesCurrent
0 USD
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
12246000 USD
CY2020 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
16114000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-242000 USD
CY2021 us-gaap Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
-85000 USD
CY2020 us-gaap Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
0 USD
CY2019 us-gaap Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
0 USD
CY2021 ias Increase Decrease In Accrued Rent
IncreaseDecreaseInAccruedRent
260000 USD
CY2020 ias Increase Decrease In Accrued Rent
IncreaseDecreaseInAccruedRent
202000 USD
CY2019 ias Increase Decrease In Accrued Rent
IncreaseDecreaseInAccruedRent
1301000 USD
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-976000 USD
CY2020 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-367000 USD
CY2019 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
642000 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
63595000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
33937000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1854000 USD
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
186435000 USD
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
17575000 USD
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
955000 USD
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
638000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1059000 USD
CY2021 us-gaap Payments For Software
PaymentsForSoftware
12702000 USD
CY2020 us-gaap Payments For Software
PaymentsForSoftware
9024000 USD
CY2019 us-gaap Payments For Software
PaymentsForSoftware
6400000 USD
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-200092000 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-9662000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-25034000 USD
CY2021 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
281589000 USD
CY2020 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
CY2021 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2318000 USD
CY2019 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
CY2021 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
7233000 USD
CY2020 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
CY2019 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
CY2021 us-gaap Repayments Of Debt
RepaymentsOfDebt
356396000 USD
CY2020 us-gaap Repayments Of Debt
RepaymentsOfDebt
0 USD
CY2019 us-gaap Repayments Of Debt
RepaymentsOfDebt
0 USD
CY2021 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
245000000 USD
CY2020 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
0 USD
CY2019 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
20000000 USD
CY2020 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2019 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
473000 USD
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
326000 USD
CY2020 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1529000 USD
CY2019 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
2702000 USD
CY2021 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
1201000 USD
CY2020 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
167000 USD
CY2019 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
3169000 USD
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1075000 USD
CY2020 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
CY2019 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
160190000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1696000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
13656000 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
23693000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
22579000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-13232000 USD
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-2336000 USD
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1772000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-60000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
54721000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
30370000 USD
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1424000 USD
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1160000 USD
CY2021 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
0 USD
CY2020 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
212000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
43662000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
76078000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
54721000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
30370000 USD
CY2021 us-gaap Interest Paid Net
InterestPaidNet
17109000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
21440000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
27866000 USD
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2238000 USD
CY2019 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
503000 USD
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
105000 USD
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
130000 USD
CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
114000 USD
CY2021 us-gaap Noncash Or Part Noncash Acquisition Payables Assumed1
NoncashOrPartNoncashAcquisitionPayablesAssumed1
859000 USD
CY2020 us-gaap Noncash Or Part Noncash Acquisition Payables Assumed1
NoncashOrPartNoncashAcquisitionPayablesAssumed1
810000 USD
CY2019 us-gaap Noncash Or Part Noncash Acquisition Payables Assumed1
NoncashOrPartNoncashAcquisitionPayablesAssumed1
0 USD
CY2021 ias Conversion Of Members Equity To Additional Paid In Capital
ConversionOfMembersEquityToAdditionalPaidInCapital
165385000 USD
CY2020 ias Conversion Of Members Equity To Additional Paid In Capital
ConversionOfMembersEquityToAdditionalPaidInCapital
0 USD
CY2019 ias Conversion Of Members Equity To Additional Paid In Capital
ConversionOfMembersEquityToAdditionalPaidInCapital
0 USD
CY2021 us-gaap Use Of Estimates
UseOfEstimates
Use of estimates<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 U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from these estimates. Significant estimates include fair value of assets acquired in business combinations, including </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">assumptions with respect to future cash inflows and outflows, discount rates, assets useful lives, market multiples, the </span>allocation of purchase price consideration in the business combination valuation of acquired assets and liabilities, the estimated useful lives of intangible assets and internal use software, the allowance for doubtful accounts, goodwill impairment testing; assumptions used to calculate equity-based compensation, and the realization of deferred tax assets. The Company bases its estimates on past experience, market conditions, and other assumptions that the Company believes are reasonable under the circumstances, and the Company evaluates these estimates on an ongoing basis. Actual results may differ from these estimates due to risks and uncertainties, including the continued uncertainty surrounding rapidly changing market and economic conditions due to the COVID-19 pandemic.
CY2020 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-706000 USD
CY2021 ias Decrease In Restricted Cash Release Of Deposits For Facilities No Longer Restricted
DecreaseInRestrictedCashReleaseOfDepositsForFacilitiesNoLongerRestricted
1000 USD
CY2019 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-287000 USD
CY2020Q4 us-gaap Restricted Cash
RestrictedCash
2987000 USD
CY2021 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-4838000 USD
CY2020 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
4348000 USD
CY2019 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
421000 USD
CY2021 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-621000 USD
CY2021 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
Concentrations of credit risk<div style="text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our assets that are exposed to concentrations of credit risk consist primarily of cash and cash equivalents and accounts receivable.</span></div><div style="text-indent:24.75pt"><span><br/></span></div><div style="text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cash equivalents consist of money market funds, which are invested through financial institutions in the United States. Such deposits may, at times, exceed federally insured limits. The Company has not experienced any losses in such amounts and believes it is not exposed to any significant credit risk to cash.</span></div><div style="margin-bottom:9pt;margin-top:12pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Accounts receivable are spread over many customers in various countries. The Company maintains an allowance for uncollectible accounts receivable based on expected collectability and through the ongoing performance of credit evaluations of customers’ financial condition.</span></div><div style="margin-bottom:9pt;margin-top:12pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of December 31, 2021 and 2020, no customer accounted for more than 10% of accounts receivable.</span></div><div style="text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company has entered into long-term revenue share agreements with certain demand-side platforms. The results of operations would be adversely affected if these agreements were to be terminated.</span></div>
CY2021Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
70000 USD
CY2019Q4 us-gaap Restricted Cash
RestrictedCash
4089000 USD
CY2020 ias Decrease In Restricted Cash Release Of Deposits For Facilities No Longer Restricted
DecreaseInRestrictedCashReleaseOfDepositsForFacilitiesNoLongerRestricted
1096000 USD
CY2020 ias Decrease In Restricted Cash Release Of Deposits For Medical Claims
DecreaseInRestrictedCashReleaseOfDepositsForMedicalClaims
6000 USD
CY2021 ias Decrease In Restricted Cash Release Of Deposits For Medical Claims
DecreaseInRestrictedCashReleaseOfDepositsForMedicalClaims
117000 USD
CY2021Q4 us-gaap Restricted Cash
RestrictedCash
2869000 USD
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
73210000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
51734000 USD
CY2021Q4 ias Capitalized Computer Software Payable
CapitalizedComputerSoftwarePayable
859000 USD
CY2020Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
187000 USD
CY2021Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
2798000 USD
CY2020Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
2800000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
76078000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
54721000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
4257000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
5843000 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
4916000 USD
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3024000 USD
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2200000 USD
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3396000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
5843000 USD
CY2021 us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
13654000 USD
CY2021 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1398000 USD
CY2020 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
3786000 USD
CY2019 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
2469000 USD
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
5883000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
4257000 USD
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2020 us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
9380000 USD
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
160000 USD
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1144000 USD
CY2019 us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
6944000 USD
CY2020Q4 us-gaap Share Price
SharePrice
2.29
CY2019Q4 us-gaap Share Price
SharePrice
1.57
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2020Q4 ias Capitalized Computer Software Payable
CapitalizedComputerSoftwarePayable
810000 USD
CY2021 ias Capitalized Computer Software Useful Life
CapitalizedComputerSoftwareUsefulLife
P3Y
CY2021 us-gaap Advertising Expense
AdvertisingExpense
1861000 USD
CY2020 us-gaap Advertising Expense
AdvertisingExpense
690000 USD
CY2019 us-gaap Advertising Expense
AdvertisingExpense
595000 USD
CY2021Q4 us-gaap Deferred Offering Costs
DeferredOfferingCosts
7233000 USD
CY2020Q4 us-gaap Deferred Offering Costs
DeferredOfferingCosts
0 USD
CY2021Q4 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
14491000 USD
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3796000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
11840000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2383000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
9597000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1413000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2243000 USD
CY2021 us-gaap Depreciation
Depreciation
1719000 USD
CY2020 us-gaap Depreciation
Depreciation
2981000 USD
CY2019 us-gaap Depreciation
Depreciation
4215000 USD
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
8786000 USD
CY2021Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
32591000 USD
CY2020Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
19124000 USD
CY2020Q4 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
6802000 USD
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CY2020Q4 us-gaap Capitalized Computer Software Net
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CapitalizedComputerSoftwareAmortization1
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CY2020 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
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CY2019 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
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CY2020 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
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CapitalizedComputerSoftwareImpairments1
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5710000 USD
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CapitalizedComputerSoftwareExpectedAmortizationYearThree
3511000 USD
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CY2021Q4 us-gaap Long Term Debt
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IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
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CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2019 us-gaap Current Federal Tax Expense Benefit
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CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2020 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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CY2019 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2019 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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CY2020 ias Effective Income Tax Rate Reconciliation Nondeductible Expense Executive Compensation Amount
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CY2019 ias Effective Income Tax Rate Reconciliation Nondeductible Expense Executive Compensation Amount
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
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CY2019 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
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CY2019 ias Effective Income Tax Rate Reconciliation Transaction Expenses
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CY2019 ias Effective Income Tax Rate Reconciliation Transaction Expenses Percent
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CY2020 ias Effective Income Tax Rate Reconciliation Us Tax On Foreign Earnings Amount
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CY2020 ias Effective Income Tax Rate Reconciliation Us Tax On Foreign Earnings Percent
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CY2019 ias Effective Income Tax Rate Reconciliation Us Tax On Foreign Earnings Amount
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CY2020 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
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CY2019 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
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CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
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CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2020 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2019 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2020 us-gaap Income Tax Reconciliation Tax Contingencies
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
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CY2019 us-gaap Income Tax Reconciliation Tax Contingencies
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CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
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CY2021 ias Effective Income Tax Rate Reconciliation Coronavirus Aid Relief And Economic Security Act Amount
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0
CY2020 ias Effective Income Tax Rate Reconciliation Coronavirus Aid Relief And Economic Security Act Amount
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810000 USD
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CY2019 ias Effective Income Tax Rate Reconciliation Coronavirus Aid Relief And Economic Security Act Amount
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CY2019 ias Effective Income Tax Rate Reconciliation Coronavirus Aid Relief And Economic Security Act Percent
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0
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CY2020 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
803000 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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-0.018
CY2019 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
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CY2021 us-gaap Income Tax Expense Benefit
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CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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CY2021Q4 us-gaap Deferred Tax Asset Interest Carryforward
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CY2020Q4 us-gaap Deferred Tax Asset Interest Carryforward
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CY2021Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
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