$LFLY
Leafly Holdings, Inc. /DE

2022 Q3 Form 10-Q Financial Statement

#000162828022022673 Filed on August 12, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $11.78M $12.05M $11.42M
YoY Change 13.81% 20.53%
Cost Of Revenue $1.515M $1.441M $1.455M
YoY Change 20.14% 18.8% 33.49%
Gross Profit $10.27M $10.61M $9.965M
YoY Change 6.55% 13.16% 18.84%
Gross Profit Margin 87.14% 88.04% 87.26%
Selling, General & Admin $12.89M $15.42M $13.95M
YoY Change 29.59% 109.08% 121.03%
% of Gross Profit 125.58% 145.37% 139.94%
Research & Development $3.406M $4.056M $3.465M
YoY Change -3.29% 26.24% 9.31%
% of Gross Profit 33.18% 38.23% 34.77%
Depreciation & Amortization $38.00K $45.00K $52.00K
YoY Change -33.33% -22.41% -35.0%
% of Gross Profit 0.37% 0.42% 0.52%
Operating Expenses $16.30M $19.48M $17.41M
YoY Change 3602.49% 83.95% 83.67%
Operating Profit -$6.032M -$8.869M -$7.445M
YoY Change 57.29% 630.56% 580.53%
Interest Expense -$705.0K -$717.0K -$697.0K
YoY Change -37800.53% -17294.24% -3341.86%
% of Operating Profit
Other Income/Expense, Net -$73.00K -$52.00K -$837.0K
YoY Change -97.02% -966.67% 5131.25%
Pretax Income $15.45M $14.76M -$19.38M
YoY Change -635.2% -3525.95% 2086.89%
Income Tax
% Of Pretax Income
Net Earnings $15.45M $14.76M -$19.38M
YoY Change -635.2% -1220.65% 1647.16%
Net Earnings / Revenue 131.18% 122.48% -169.67%
Basic Earnings Per Share $0.43 $0.39 -$0.52
Diluted Earnings Per Share $0.28 $0.37 -$0.52
COMMON SHARES
Basic Shares Outstanding 39.88M shares 37.42M shares 37.53M shares
Diluted Shares Outstanding 43.22M shares 42.04M shares 37.53M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $27.83M $35.40M $35.39M
YoY Change 27306.93% 7895.03% -72.91%
Cash & Equivalents $27.83M $35.40M $35.39M
Short-Term Investments
Other Short-Term Assets $63.00K $78.00K $100.0K
YoY Change -72.93% -68.66% -20.24%
Inventory
Prepaid Expenses
Receivables $2.610M $3.005M $3.280M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $34.62M $75.59M $83.21M
YoY Change 10255.71% 10829.36% 19792.61%
LONG-TERM ASSETS
Property, Plant & Equipment $2.213M $1.561M $1.035M
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $2.213M $1.561M $1.035M
YoY Change -98.3% -98.8% -99.21%
TOTAL ASSETS
Total Short-Term Assets $34.62M $75.59M $83.21M
Total Long-Term Assets $2.213M $1.561M $1.035M
Total Assets $36.83M $77.16M $84.25M
YoY Change -71.79% -41.07% -35.56%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.375M $2.658M $2.875M
YoY Change 419.2% 1102.66% 2497.11%
Accrued Expenses $5.076M $6.139M $3.898M
YoY Change
Deferred Revenue $2.052M $2.467M $2.566M
YoY Change -5.83% 18.66% 26.84%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00
YoY Change
Total Short-Term Liabilities $8.503M $29.03M $16.79M
YoY Change 1147.45% 4451.04% 12488.75%
LONG-TERM LIABILITIES
Long-Term Debt $28.73M $28.59M $28.46M
YoY Change
Other Long-Term Liabilities $997.0K $19.32M $54.03M
YoY Change -86.21% 304.22% 1059.1%
Total Long-Term Liabilities $29.72M $47.91M $82.49M
YoY Change 311.16% 902.35% 1669.67%
TOTAL LIABILITIES
Total Short-Term Liabilities $8.503M $29.03M $16.79M
Total Long-Term Liabilities $29.72M $47.91M $82.49M
Total Liabilities $38.23M $76.94M $99.28M
YoY Change 383.22% 1320.01% 1970.45%
SHAREHOLDERS EQUITY
Retained Earnings -$58.93M -$74.39M -$89.15M
YoY Change 6031.37%
Common Stock $4.000K $4.000K $4.000K
YoY Change 830.23%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$1.398M $217.0K -$15.04M
YoY Change
Total Liabilities & Shareholders Equity $36.83M $77.16M $84.25M
YoY Change -71.79% -41.07% -35.56%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income $15.45M $14.76M -$19.38M
YoY Change -635.2% -1220.65% 1647.16%
Depreciation, Depletion And Amortization $38.00K $45.00K $52.00K
YoY Change -33.33% -22.41% -35.0%
Cash From Operating Activities -$6.750M -$4.375M -$14.01M
YoY Change 1673.42% 1203.75% 3705.71%
INVESTING ACTIVITIES
Capital Expenditures -$779.0K -$627.0K -$788.0K
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$779.0K -$627.0K -$788.0K
YoY Change -2076.66% -834.28%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -31.30M -345.0K $58.71M
YoY Change -186.25% -234944.0%
NET CHANGE
Cash From Operating Activities -6.750M -4.375M -$14.01M
Cash From Investing Activities -779.0K -627.0K -$788.0K
Cash From Financing Activities -31.30M -345.0K $58.71M
Net Change In Cash -38.83M -5.347M $43.92M
YoY Change 11280.09% -3668.95% -11275.06%
FREE CASH FLOW
Cash From Operating Activities -$6.750M -$4.375M -$14.01M
Capital Expenditures -$779.0K -$627.0K -$788.0K
Free Cash Flow -$5.971M -$3.748M -$13.22M
YoY Change

Facts In Submission

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us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
0 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
230000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
233000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
0 usd
us-gaap Paid In Kind Interest
PaidInKindInterest
243000 usd
us-gaap Paid In Kind Interest
PaidInKindInterest
111000 usd
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
14000000 usd
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
0 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-13000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-42000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
687000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
763000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3977000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
8000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1456000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-458000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-713000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
1206000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
492000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
494000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-18380000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-601000 usd
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
1415000 usd
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
19000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1415000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-19000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
157000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
81000 usd
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
29374000 usd
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
23970000 usd
lfly Proceeds From Reverse Recapitalization Placed In Escrow And Restricted
ProceedsFromReverseRecapitalizationPlacedInEscrowAndRestricted
39032000 usd
lfly Proceeds From Reverse Recapitalization Placed In Escrow And Restricted
ProceedsFromReverseRecapitalizationPlacedInEscrowAndRestricted
0 usd
lfly Trust Proceeds From Reverse Recapitalization
TrustProceedsFromReverseRecapitalization
582000 usd
lfly Trust Proceeds From Reverse Recapitalization
TrustProceedsFromReverseRecapitalization
0 usd
lfly Payments Of Reverse Recapitalization Transaction Costs
PaymentsOfReverseRecapitalizationTransactionCosts
10761000 usd
lfly Payments Of Reverse Recapitalization Transaction Costs
PaymentsOfReverseRecapitalizationTransactionCosts
0 usd
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
18000 usd
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
210000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
58366000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
23841000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
38571000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
23221000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
28695000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4934000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
67266000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
28155000 usd
lfly Stockholder Contribution For Debt Issuance Costs
StockholderContributionForDebtIssuanceCosts
924000 usd
lfly Stockholder Contribution For Debt Issuance Costs
StockholderContributionForDebtIssuanceCosts
0 usd
us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
33024000 usd
us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
0 usd
lfly Forward Share Purchase Agreements Issued
ForwardSharePurchaseAgreementsIssued
14170000 usd
lfly Forward Share Purchase Agreements Issued
ForwardSharePurchaseAgreementsIssued
0 usd
lfly Warrants Issued
WarrantsIssued
3916000 usd
lfly Warrants Issued
WarrantsIssued
0 usd
lfly Contingent Consideration Shares Issued
ContingentConsiderationSharesIssued
6867000 usd
lfly Contingent Consideration Shares Issued
ContingentConsiderationSharesIssued
0 usd
lfly Stockholder Earnout Rights Shares Issued
StockholderEarnoutRightsSharesIssued
26131000 usd
lfly Stockholder Earnout Rights Shares Issued
StockholderEarnoutRightsSharesIssued
0 usd
CY2022Q1 lfly Cash Received From Reverse Recapitalization Net
CashReceivedFromReverseRecapitalizationNet
582000 usd
lfly Cash Released From Escrow
CashReleasedFromEscrow
7369000 usd
CY2022Q2 lfly Cash Received From Reverse Recapitalization Net
CashReceivedFromReverseRecapitalizationNet
7951000 usd
CY2022Q1 lfly Stock Converted Reverse Recapitalization
StockConvertedReverseRecapitalization
35434000 shares
CY2022Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
42924000 shares
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1469000 usd
CY2021Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1142000 usd
us-gaap Use Of Estimates
UseOfEstimates
These condensed consolidated financial statements are unaudited and, in management's opinion, include all adjustments, consisting of normal recurring estimates and accruals necessary for a fair presentation of our consolidated cash flows, operating results, and balance sheets for the periods presented. Actual results may differ from these estimates and assumptions.
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
Certain prior period amounts have been reclassified to conform to the current period presentation. These reclassifications had no effect on the reported net income (loss).
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
35398000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
28565000 usd
CY2022Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
31868000 usd
CY2021Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
130000 usd
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1019000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
67266000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
28695000 usd
CY2022Q2 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
51000 usd
CY2022Q2 us-gaap Prepaid Insurance
PrepaidInsurance
3541000 usd
CY2021Q4 us-gaap Prepaid Insurance
PrepaidInsurance
57000 usd
CY2022Q2 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
1704000 usd
CY2021Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
1134000 usd
CY2022Q2 us-gaap Other Assets Current
OtherAssetsCurrent
78000 usd
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
156000 usd
CY2022Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
5323000 usd
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1347000 usd
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
301000 usd
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1469000 usd
CY2021Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1142000 usd
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1682000 usd
CY2021Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
941000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1848000 usd
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1131000 usd
CY2022Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
764000 usd
CY2021Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
230000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
640000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
312000 usd
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
977000 usd
CY2021Q2 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
29000 usd
CY2022Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2208000 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1051000 usd
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
647000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
738000 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1561000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
313000 usd
CY2022Q2 us-gaap Depreciation
Depreciation
45000 usd
CY2021Q2 us-gaap Depreciation
Depreciation
58000 usd
us-gaap Depreciation
Depreciation
97000 usd
us-gaap Depreciation
Depreciation
138000 usd
CY2021Q2 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
0 usd
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
51000 usd
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
0 usd
CY2022Q2 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
1170000 usd
CY2021Q4 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
3668000 usd
CY2022Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2819000 usd
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2131000 usd
CY2022Q2 us-gaap Interest Payable Current
InterestPayableCurrent
960000 usd
CY2021Q4 us-gaap Interest Payable Current
InterestPayableCurrent
1313000 usd
CY2022Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1190000 usd
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1213000 usd
CY2022Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
6139000 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
8325000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
12050000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
10588000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
23470000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
20063000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
12050000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
10588000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
23470000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
20063000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
12050000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
10588000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
23470000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
20063000 usd
CY2022Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2566000 usd
CY2021Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2023000 usd
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1975000 usd
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1585000 usd
CY2022Q2 lfly Contract With Customer Liability Increase Decrease
ContractWithCustomerLiabilityIncreaseDecrease
1591000 usd
CY2021Q2 lfly Contract With Customer Liability Increase Decrease
ContractWithCustomerLiabilityIncreaseDecrease
1710000 usd
lfly Contract With Customer Liability Increase Decrease
ContractWithCustomerLiabilityIncreaseDecrease
2239000 usd
lfly Contract With Customer Liability Increase Decrease
ContractWithCustomerLiabilityIncreaseDecrease
1922000 usd
CY2022Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1690000 usd
CY2021Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1654000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1747000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1428000 usd
CY2022Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2467000 usd
CY2021Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2079000 usd
CY2022Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2467000 usd
CY2021Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2079000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
CY2022Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2022Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2022Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0 usd
CY2022Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2022Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2022Q2 lfly Common Stock Voting Rights Number Of Votes
CommonStockVotingRightsNumberOfVotes
1 vote
CY2022Q2 lfly Board Of Directors Number Of Classes
BoardOfDirectorsNumberOfClasses
3 class
lfly Board Of Directors Term
BoardOfDirectorsTerm
P3Y
lfly Board Of Directors Term
BoardOfDirectorsTerm
P3Y
CY2022Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q1 lfly Derivative Instrument Number Of Forward Share Purchase Agreements
DerivativeInstrumentNumberOfForwardSharePurchaseAgreements
4 agreement
CY2022Q1 lfly Derivative Instrument Forward Share Purchase Agreement Number Of Shares
DerivativeInstrumentForwardSharePurchaseAgreementNumberOfShares
4000000 shares
CY2022Q1 lfly Derivative Instrument Forward Share Purchase Agreement Term
DerivativeInstrumentForwardSharePurchaseAgreementTerm
P3M
CY2022Q2 lfly Derivative Instrument Forward Share Purchase Agreement Proceeds From Release Of Restricted Cash
DerivativeInstrumentForwardSharePurchaseAgreementProceedsFromReleaseOfRestrictedCash
5403000 usd
lfly Derivative Instrument Forward Share Purchase Agreement Proceeds From Release Of Restricted Cash
DerivativeInstrumentForwardSharePurchaseAgreementProceedsFromReleaseOfRestrictedCash
7369000 usd
CY2022Q2 lfly Share Based Compensation Arrangement By Share Based Payment Award Number Of Plans
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfPlans
4 plan
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
2191000 shares
CY2021Q2 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
1.10
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.010
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y10M24D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.612
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.000
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3851000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.77
CY2022Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
114000 shares
CY2022Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
1.12
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
56000 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
1.08
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3681000 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.78
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
23918000 usd
CY2022Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P8Y7M13D
CY2022Q2 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
29000 shares
CY2022Q2 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
1.05
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
3000 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
2.30
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3649000 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.78
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
11307000 usd
CY2022Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P8Y4M6D
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1454000 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
1.00
CY2022Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
5094000 usd
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P7Y9M
CY2022Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
464000 usd
CY2021Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
340000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2388000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
521000 usd
CY2022Q1 lfly Share Based Compensation Arrangement By Share Based Payment Award Options Modified
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsModified
2917000 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
1366000 usd
CY2022Q2 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
0 usd
CY2021Q2 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
112000 usd
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
0 usd
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
114000 usd
CY2022Q2 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
215000 usd
CY2021Q2 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
218000 usd
us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
459000 usd
us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
369000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
14759000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-1317000 usd
us-gaap Net Income Loss
NetIncomeLoss
-4617000 usd
us-gaap Net Income Loss
NetIncomeLoss
-2426000 usd
CY2022Q2 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
600000 usd
CY2021Q2 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
0 usd
CY2022Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
15359000 usd
CY2021Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
-1317000 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
-4617000 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
-2426000 usd
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37415000 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24808000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35097000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24786000 shares
CY2022Q2 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
2429000 shares
CY2021Q2 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2022Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2197000 shares
CY2021Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42041000 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24808000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35097000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24786000 shares
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.39
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.05
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.13
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.10
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.37
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.05
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.13
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.10
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
18597000 shares
CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
18597000 shares
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
10071000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
10071000 shares
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
12050000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
10588000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
23470000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
20063000 usd
us-gaap Gross Profit
GrossProfit
17760000 usd
CY2022Q2 us-gaap Gross Profit
GrossProfit
10609000 usd
CY2021Q2 us-gaap Gross Profit
GrossProfit
9375000 usd
us-gaap Gross Profit
GrossProfit
20574000 usd

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