$MAX
MediaAlpha, Inc.

2020 Q4 Form 10-K Financial Statement

#000156459021013026 Filed on March 15, 2021

View on sec.gov

Income Statement

Concept 2020 Q4 2019 Q4 2019 Q3
Revenue $190.2M $126.1M $110.4M
YoY Change 50.78%
Cost Of Revenue $163.7M $105.8M $92.70M
YoY Change 54.73%
Gross Profit $26.50M $20.40M $17.70M
YoY Change 29.9%
Gross Profit Margin 13.93% 16.17% 16.03%
Selling, General & Admin $30.60M $6.400M $6.400M
YoY Change 378.13%
% of Gross Profit 115.47% 31.37% 36.16%
Research & Development $7.000M $1.900M $1.600M
YoY Change 268.42%
% of Gross Profit 26.42% 9.31% 9.04%
Depreciation & Amortization $880.0K $2.740M
YoY Change -67.88%
% of Gross Profit 3.32% 13.43%
Operating Expenses $37.60M $8.200M $8.000M
YoY Change 358.54%
Operating Profit -$11.13M $12.14M $9.683M
YoY Change -191.66%
Interest Expense -$3.100M -$1.800M -$1.900M
YoY Change 72.22%
% of Operating Profit -14.83% -19.62%
Other Income/Expense, Net -$300.0K
YoY Change
Pretax Income -$14.50M $10.40M $7.800M
YoY Change -239.42%
Income Tax -$1.300M
% Of Pretax Income
Net Earnings -$4.366M $10.38M $7.763M
YoY Change -142.07%
Net Earnings / Revenue -2.3% 8.23% 7.03%
Basic Earnings Per Share
Diluted Earnings Per Share -$72.23K $8.000M $6.000M
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2020 Q4 2019 Q4 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $23.60M
YoY Change
Cash & Equivalents $23.55M $10.03M
Short-Term Investments
Other Short-Term Assets $8.000M
YoY Change
Inventory
Prepaid Expenses
Receivables $96.30M $56.01M
Other Receivables $0.00
Total Short-Term Assets $127.8M $67.49M
YoY Change 89.37%
LONG-TERM ASSETS
Property, Plant & Equipment $762.0K $755.0K
YoY Change 0.93%
Goodwill $18.40M $18.40M
YoY Change 0.0%
Intangibles $15.55M $18.75M
YoY Change -17.07%
Long-Term Investments
YoY Change
Other Assets $16.97M
YoY Change
Total Long-Term Assets $82.54M $37.91M
YoY Change 117.73%
TOTAL ASSETS
Total Short-Term Assets $127.8M $67.49M
Total Long-Term Assets $82.54M $37.91M
Total Assets $210.3M $105.4M
YoY Change 99.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $98.25M $40.46M
YoY Change 142.86%
Accrued Expenses $9.206M $6.584M
YoY Change 39.82%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $0.00 $873.0K
YoY Change -100.0%
Total Short-Term Liabilities $107.5M $47.91M
YoY Change 124.28%
LONG-TERM LIABILITIES
Long-Term Debt $182.7M $96.67M
YoY Change 88.97%
Other Long-Term Liabilities $2.834M $319.0K
YoY Change 788.4%
Total Long-Term Liabilities $185.5M $96.98M
YoY Change 91.27%
TOTAL LIABILITIES
Total Short-Term Liabilities $107.5M $47.91M
Total Long-Term Liabilities $185.5M $96.98M
Total Liabilities $315.5M $144.9M
YoY Change 117.71%
SHAREHOLDERS EQUITY
Retained Earnings -$419.0M -$193.1M
YoY Change 116.92%
Common Stock $384.6M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$33.77M -$113.6M
YoY Change
Total Liabilities & Shareholders Equity $210.3M $105.4M
YoY Change 99.57%

Cashflow Statement

Concept 2020 Q4 2019 Q4 2019 Q3
OPERATING ACTIVITIES
Net Income -$4.366M $10.38M $7.763M
YoY Change -142.07%
Depreciation, Depletion And Amortization $880.0K $2.740M
YoY Change -67.88%
Cash From Operating Activities $12.11M $8.260M
YoY Change 46.61%
INVESTING ACTIVITIES
Capital Expenditures -$140.0K -$200.0K
YoY Change -30.0%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change
Cash From Investing Activities -$140.0K -$200.0K
YoY Change -30.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -420.0K -12.91M
YoY Change -96.75%
NET CHANGE
Cash From Operating Activities 12.11M 8.260M
Cash From Investing Activities -140.0K -200.0K
Cash From Financing Activities -420.0K -12.91M
Net Change In Cash 11.55M -4.850M
YoY Change -338.14%
FREE CASH FLOW
Cash From Operating Activities $12.11M $8.260M
Capital Expenditures -$140.0K -$200.0K
Free Cash Flow $12.25M $8.460M
YoY Change 44.8%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2020 dei Document Type
DocumentType
10-K
CY2020 dei Entity Central Index Key
EntityCentralIndexKey
0001818383
CY2020Q4 dei Entity Public Float
EntityPublicFloat
359900000
CY2020 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2020 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2020 dei Entity Shell Company
EntityShellCompany
false
CY2020 dei Entity File Number
EntityFileNumber
001-39671
CY2020 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2020 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
85-1854133
CY2020 dei Entity Address Address Line1
EntityAddressAddressLine1
700 South Flower Street
CY2020 dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 640
CY2020 dei Entity Address City Or Town
EntityAddressCityOrTown
Los Angeles
CY2020 dei Entity Address State Or Province
EntityAddressStateOrProvince
CA
CY2020 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
90017
CY2020 dei City Area Code
CityAreaCode
213
CY2020 dei Local Phone Number
LocalPhoneNumber
316-6256
CY2020 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2020 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2020 dei Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
false
CY2020 dei Security12b Title
Security12bTitle
Class A Common Stock, $0.01 par value per share
CY2020 dei Security Exchange Name
SecurityExchangeName
NYSE
CY2020 dei Document Annual Report
DocumentAnnualReport
true
CY2020 dei Document Transition Report
DocumentTransitionReport
false
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
23554000
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
10028000
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
96295000
CY2019Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
56012000
CY2020Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
7950000
CY2019Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1448000
CY2020Q4 us-gaap Assets Current
AssetsCurrent
127799000
CY2019Q4 us-gaap Assets Current
AssetsCurrent
67488000
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
762000
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
755000
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
15551000
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
18752000
CY2020Q4 us-gaap Goodwill
Goodwill
18402000
CY2019Q4 us-gaap Goodwill
Goodwill
18402000
CY2020Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
31613000
CY2020Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
16210000
CY2020Q4 us-gaap Assets
Assets
210337000
CY2019Q4 us-gaap Assets
Assets
105397000
CY2020Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
98249000
CY2019Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
40455000
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
9206000
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
6584000
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
873000
CY2020Q4 us-gaap Liabilities Current
LiabilitiesCurrent
107455000
CY2019Q4 us-gaap Liabilities Current
LiabilitiesCurrent
47912000
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
182668000
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
96665000
CY2020Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
22498000
CY2020 dei Amendment Flag
AmendmentFlag
false
CY2020 dei Document Period End Date
DocumentPeriodEndDate
2020-12-31
CY2020 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
CY2020 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2020 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2020 dei Entity Registrant Name
EntityRegistrantName
MediaAlpha, Inc.
CY2020 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2020 dei Entity Small Business
EntitySmallBusiness
false
CY2020 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
CY2020 dei Entity Ex Transition Period
EntityExTransitionPeriod
false
CY2020Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2020 dei Trading Symbol
TradingSymbol
MAX
CY2019Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-193143000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
-113596000
CY2020Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
2834000
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
319000
CY2020Q4 us-gaap Liabilities
Liabilities
315455000
CY2019Q4 us-gaap Liabilities
Liabilities
144896000
CY2019Q4 us-gaap Members Capital
MembersCapital
79547000
CY2020Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
384611000
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-418973000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
-33773000
CY2020Q4 us-gaap Minority Interest
MinorityInterest
-71345000
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-105118000
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-113596000
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
210337000
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
105397000
CY2020Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2020Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000
CY2020Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2020Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
584814000
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
408005000
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
296910000
CY2020 us-gaap Cost Of Revenue
CostOfRevenue
499434000
CY2019 us-gaap Cost Of Revenue
CostOfRevenue
342909000
CY2018 us-gaap Cost Of Revenue
CostOfRevenue
247670000
CY2020 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
20483000
CY2019 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
13822000
CY2018 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
11739000
CY2020 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
12449000
CY2019 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
7042000
CY2018 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
10339000
CY2020 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
32913000
CY2019 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
19391000
CY2018 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
7843000
CY2020 us-gaap Costs And Expenses
CostsAndExpenses
565279000
CY2019 us-gaap Costs And Expenses
CostsAndExpenses
383164000
CY2018 us-gaap Costs And Expenses
CostsAndExpenses
277591000
CY2020 us-gaap Operating Income Loss
OperatingIncomeLoss
19535000
CY2018 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
824000
CY2018 us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
15878000
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
40480000
CY2019 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
62806000
CY2019 max Reclassifications Of Permanent To Temporary Equity
ReclassificationsOfPermanentToTemporaryEquity
11291000
CY2019 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
5753000
CY2019 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
3594000
CY2019 us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
95640000
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
2308000
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
824000
CY2020 us-gaap Depreciation
Depreciation
289000
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
24841000
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
19319000
CY2020 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
2302000
CY2020 us-gaap Interest Expense
InterestExpense
7938000
CY2019 us-gaap Interest Expense
InterestExpense
7021000
CY2018 us-gaap Interest Expense
InterestExpense
1194000
CY2020 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-10240000
CY2019 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-7021000
CY2018 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1194000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
9295000
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
17820000
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
18125000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1267000
CY2020 us-gaap Profit Loss
ProfitLoss
10562000
CY2019 us-gaap Profit Loss
ProfitLoss
17820000
CY2018 us-gaap Profit Loss
ProfitLoss
18125000
CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-4238000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-4366000
CY2020 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.14
CY2020 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
32134170000
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
37409000
CY2020 max Reclassifications Of Permanent To Temporary Equity
ReclassificationsOfPermanentToTemporaryEquity
106969000
CY2020 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
2244000
CY2020 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
5571000
CY2020 us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
131417000
CY2020 max Net Income Loss Before Reorganization Transactions
NetIncomeLossBeforeReorganizationTransactions
19166000
CY2020 max Effect Of Reorganization Transactions In Value
EffectOfReorganizationTransactionsInValue
206015000
CY2020 max Establishment Of Liabilities Under Tax Receivable Agreement And Related Changes To Deferred Tax Assets Associated With Increases In Tax Basis
EstablishmentOfLiabilitiesUnderTaxReceivableAgreementAndRelatedChangesToDeferredTaxAssetsAssociatedWithIncreasesInTaxBasis
-16354000
CY2020 max Effect Of Reorganization Transaction And Initial Public Offering Stock Issued During Period Value New Issues
EffectOfReorganizationTransactionAndInitialPublicOfferingStockIssuedDuringPeriodValueNewIssues
111952000
CY2020 max Common Stock Repurchased During Period Value
CommonStockRepurchasedDuringPeriodValue
84368000
CY2020 max Vesting Of Restricted Stock Units
VestingOfRestrictedStockUnits
2000
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
19963000
CY2020 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
-4235000
CY2020 max Net Income Loss After Reorganization Transactions
NetIncomeLossAfterReorganizationTransactions
-8604000
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
24745000
CY2019 us-gaap Depreciation
Depreciation
272000
CY2018 us-gaap Depreciation
Depreciation
187000
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3201000
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5381000
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
11769000
CY2020 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1228000
CY2019 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
665000
CY2018 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
15000
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-1998000
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
526000
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
354000
CY2018 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
533000
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-545000
CY2020 us-gaap Income Tax Credits And Adjustments
IncomeTaxCreditsAndAdjustments
413000
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
40809000
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
19216000
CY2018 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
5155000
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
6482000
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
162000
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
262000
CY2020 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
4375000
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
57793000
CY2019 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
13441000
CY2018 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-5373000
CY2020 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
2866000
CY2019 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
1280000
CY2018 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
1986000
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
51410000
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
22143000
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
22649000
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
296000
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
146000
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
630000
CY2019 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
148000
CY2018 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
10000
CY2020 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
10000000
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-10296000
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-294000
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-640000
CY2020 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
124179000
CY2020 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
210000000
CY2019 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
100000000
CY2020 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
7500000
CY2018 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
3000000
CY2019 us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
62806000
CY2020 max Repayments On Revolving Line Of Credit
RepaymentsOnRevolvingLineOfCredit
7500000
CY2018 max Repayments On Revolving Line Of Credit
RepaymentsOnRevolvingLineOfCredit
9000000
CY2020 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
123648000
CY2019 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
15073000
CY2018 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
3567000
CY2020 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
4467000
CY2019 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2303000
CY2020 max Payments For Repurchase Of Class B Units At Qlh Up To Fair Value
PaymentsForRepurchaseOfClassBUnitsAtQLHUpToFairValue
1453000
CY2019 max Payments For Repurchase Of Class B Units At Qlh Up To Fair Value
PaymentsForRepurchaseOfClassBUnitsAtQLHUpToFairValue
4467000
CY2020 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
12227000
CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
4235000
CY2020 max Payments For Repurchase Of Class B Common Stock
PaymentsForRepurchaseOfClassBCommonStock
84320000
CY2019 max Cash Paid For Redemption Of Class A Units
CashPaidForRedemptionOfClassAUnits
62806000
CY2020 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
131417000
CY2019 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
95640000
CY2018 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
15878000
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-27588000
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-17483000
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-25445000
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
13526000
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
4366000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
5662000
CY2020 max Establishment Of Deferred Tax Assets Reorganization Transaction
EstablishmentOfDeferredTaxAssetsReorganizationTransaction
-31068000
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-3436000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
10028000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
23554000
CY2020 us-gaap Interest Paid Net
InterestPaidNet
6040000
CY2019 us-gaap Interest Paid Net
InterestPaidNet
6399000
CY2018 us-gaap Interest Paid Net
InterestPaidNet
1201000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
9098000
CY2020 max Redemption Of Class B Units In Excess Of Fair Value
RedemptionOfClassBUnitsInExcessOfFairValue
791000
CY2019 max Redemption Of Class B Units In Excess Of Fair Value
RedemptionOfClassBUnitsInExcessOfFairValue
1286000
CY2020 max Establishment Of Liabilities Under Tax Receivable Reorganization Transaction
EstablishmentOfLiabilitiesUnderTaxReceivableReorganizationTransaction
-22085000
CY2020 max Establishment Of Tax Indemnification Receivable Reorganization Transaction
EstablishmentOfTaxIndemnificationReceivableReorganizationTransaction
-1835000
CY2020 us-gaap Use Of Estimates
UseOfEstimates
<p style="margin-bottom:0pt;margin-top:18pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Use of estimates</p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:5.24%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of consolidated financial statements in conformity with US&#160;GAAP requires management to make estimates and assumptions that affect the reported amounts of certain assets and liabilities, certain disclosures at the date of the consolidated financial statements, as well as the reported amounts of revenue and expenses during the reporting period. Significant estimates and assumptions reflected in these consolidated financial statements include, but are not limited to, valuation of goodwill and long-lived assets for impairment,<font style="color:#000000;"> inputs into the valuation of our equity-based compensation related QLH Class B Units, estimates of deferred tax assets related to the step-up in basis under the TRA, and the associated liability under the TRA</font>. Significant estimates affecting the consolidated financial statements have been prepared on the basis of the most current and best available information, including historical experience, known trends and other market-specific or other relevant factors that we believe to be reasonable. On an ongoing basis, management evaluates its estimates, as there are changes in circumstances, facts and experience. Changes in estimates are recorded in periods which they become known. The full extent to which the COVID-19 pandemic will directly or indirectly impact our business, results of operations and financial condition, including revenues, expenses, reserves and allowances, asset recoverability, and employee-related amounts, will depend on future developments that are highly uncertain, including as a result of new information that may emerge concerning COVID-19 and the actions taken to contain it or treat COVID-19, as well as the economic impact on our customers and markets. We have made estimates of the impact of COVID-19 within our financial statements and there may be changes to those estimates in future periods. Actual results may differ from these estimates.</p>
CY2020 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="margin-bottom:0pt;margin-top:18pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Concentrations of Credit Risk and of Significant Customers and Suppliers</p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:5.24%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Financial instruments that potentially expose the Company to concentrations of credit risk consist primarily of cash and cash equivalents and accounts receivable. The Company maintains cash balances that can, at times, exceed amounts insured by the Federal Deposit Insurance Corporation. The Company has not experienced any losses in these accounts, and believes it is not exposed to unusual credit risk beyond the normal credit risk in this area based on the financial strength of institutions with which the Company maintains its deposits.</p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:5.24%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company&#8217;s accounts receivable, which are unsecured, may expose the Company to credit risk due to collectability. The Company controls credit risk by investigating the creditworthiness of all customers prior to establishing relationships with them, performing periodic reviews of the credit activities of those customers during the course of the business relationship, regularly analyzing the collectability of accounts receivables, and recording allowances for doubtful accounts when these receivables become uncollectible.</p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:5.24%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Customer concentrations for the years ended December 31, 2020 and 2019 consisted of one customer that accounted for approximately $132.3 million, or 23%, and $78.8 million, or 19%, of revenue, respectively. Our two largest customers accounted for approximately $23.7&#160;million and $9.8 million, or 24% and 10%, respectively of the Company&#8217;s accounts receivable as of December&#160;31, 2020 compared to one customer for approximately $4.7&#160;million, or 8%, as of December&#160;31, 2019.</p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:5.24%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company&#8217;s accounts payable can expose the Company to business risks such as supplier concentrations. For the year ended December 31, 2020, supplier concentrations consisted of one supplier that accounted for approximately $60.0&#160;million, or 11% of total purchases and for the twelve months ended December 31, 2019 two suppliers that accounted for approximately $84.6&#160;million, or 24%, of total purchases. Our two largest suppliers accounted for approximately $24.5&#160;million, or 25%, of the Company&#8217;s total accounts payable as of December&#160;31, 2020 compared to $14.7&#160;million, or 36%, as of December&#160;31, 2019.</p>
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
41205000
CY2019 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0.0
CY2019 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2020 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
12200000
CY2020 us-gaap Revenue Performance Obligation Description Of Payment Terms
RevenuePerformanceObligationDescriptionOfPaymentTerms
The Company’s standard payment terms are 30-60 days
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
400000
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
300000
CY2020 us-gaap Number Of Reporting Units
NumberOfReportingUnits
1
CY2020 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0
CY2019 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0
CY2020 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2018 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0.0
CY2020Q4 us-gaap Deferred Offering Costs
DeferredOfferingCosts
0
CY2019Q4 us-gaap Deferred Offering Costs
DeferredOfferingCosts
0
CY2020 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2020 us-gaap Payments To Suppliers
PaymentsToSuppliers
417700000
CY2019 us-gaap Payments To Suppliers
PaymentsToSuppliers
284500000
CY2018 us-gaap Payments To Suppliers
PaymentsToSuppliers
210100000
CY2020 max Traffic Acquisition Costs
TrafficAcquisitionCosts
74400000
CY2019 max Traffic Acquisition Costs
TrafficAcquisitionCosts
54200000
CY2018 max Traffic Acquisition Costs
TrafficAcquisitionCosts
34000000
CY2020 us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
7400000
CY2019 us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
4200000
CY2018 us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
3500000
CY2020Q4 us-gaap Liability For Uncertain Tax Positions Current
LiabilityForUncertainTaxPositionsCurrent
2300
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1596000
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1300000
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
834000
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
545000
CY2020 us-gaap Depreciation And Amortization
DepreciationAndAmortization
300000
CY2019 us-gaap Depreciation And Amortization
DepreciationAndAmortization
300000
CY2018 us-gaap Depreciation And Amortization
DepreciationAndAmortization
200000
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
26567000
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
11016000
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
15551000
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
59957000
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
18752000
CY2020Q3 max Cash Distributions To Members
CashDistributionsToMembers
105800000
CY2019Q2 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
200000
CY2020Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0
CY2019Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
23985000
CY2019 us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
148000
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
2983000
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2730000
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2388000
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
2211000
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
2028000
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
3211000
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
6686000
CY2019Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
4954000
CY2020Q4 max Accrued Operating Expenses Current
AccruedOperatingExpensesCurrent
1545000
CY2019Q4 max Accrued Operating Expenses Current
AccruedOperatingExpensesCurrent
754000
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
975000
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
876000
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
186375000
CY2020Q4 max Long Term Debt Including Debt And Issuance Costs
LongTermDebtIncludingDebtAndIssuanceCosts
186375000
CY2020Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
3707000
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
182668000
CY2020 us-gaap Interest Expense Debt
InterestExpenseDebt
7900000
CY2019 us-gaap Interest Expense Debt
InterestExpenseDebt
7000000
CY2018 us-gaap Interest Expense Debt
InterestExpenseDebt
1200000
CY2020Q4 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
3700000
CY2019Q4 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
1700000
CY2020Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
700000
CY2020Q4 us-gaap Deferred Rent Credit
DeferredRentCredit
400000
CY2019Q4 us-gaap Deferred Rent Credit
DeferredRentCredit
400000
CY2020 us-gaap Operating Lease Expense
OperatingLeaseExpense
700000
CY2019 us-gaap Operating Lease Expense
OperatingLeaseExpense
500000
CY2018 us-gaap Operating Lease Expense
OperatingLeaseExpense
400000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
747000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
771000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
780000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
813000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
838000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
652000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
4601000
CY2020Q4 us-gaap Litigation Reserve
LitigationReserve
0
CY2019Q4 us-gaap Litigation Reserve
LitigationReserve
0
CY2020 us-gaap Common Stock Voting Rights
CommonStockVotingRights
Holders of Class A and Class B common stock are entitled to one vote per share on all matters to be voted upon by the stockholders. Holders of our Class A common stock and Class B common stock will vote together as a single class on all matters (including the election of directors) submitted to a vote of stockholders, unless otherwise required by law.
CY2020 us-gaap Common Stock Conversion Features
CommonStockConversionFeatures
Holders of our Class B common stock are not entitled to receive dividends and will not be entitled to receive any distributions upon the liquidation, dissolution or winding up of the Company. Shares of our Class B common stock are issuable only in connection with the corresponding issuance of an equal number of Class B-1 units. Shares of Class B common stock may only be issued to the extent necessary to maintain the one-to-one ratio between the Class B-1 unit held by the non-controlling interest holders and the number of shares of Class B common stock held by the noncontrolling interest holders. Shares of Class B common stock are transferable only together with an equal number of LLC Interests. Each share of our Class B common stock will be redeemed and cancelled by us if the holder exchanges one Class B-1 unit, together with the corresponding share of Class B common stock, for one share of Class A common stock (or, at our election, cash of an equivalent value).
CY2020Q4 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
25443000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
247000
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-417000
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-438000
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
51000
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-804000
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
1906000
CY2020 us-gaap Common Stock Conversion Basis
CommonStockConversionBasis
We must, at all times, maintain a one-to-one ratio between the number of outstanding shares of Class A common stock and the number of Class A-1 unit owned by us (subject to certain exceptions for treasury shares and shares underlying certain convertible or exchangeable securities).
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
25536000
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3594000
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
824000
CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
3088000
CY2020 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
0
CY2019 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
0
CY2018 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
0
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P4Y
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Award Vesting Rights Percentage
SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage
0.25
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
9048000
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-354000
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-108000
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-1000
CY2020 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-463000
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
-0.333
CY2019 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
-0.210
CY2018 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
-0.210
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.011
CY2020 max Effective Income Tax Reconciliation Transaction Costs Percent
EffectiveIncomeTaxReconciliationTransactionCostsPercent
0.034
CY2020 max Effective Income Tax Rate Reconciliation Change In Uncertain Tax Positions Percent
EffectiveIncomeTaxRateReconciliationChangeInUncertainTaxPositionsPercent
-0.033
CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.001
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.000
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.134
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.000
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.000
CY2020Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
5324000
CY2020Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
846000
CY2020Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
33519000
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1906000
CY2020Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
31613000
CY2020Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
31613000
CY2020 max Operating Loss Carryforwards Expiration Year
OperatingLossCarryforwardsExpirationYear
2028
CY2019 max Uncertain Tax Benefits
UncertainTaxBenefits
0
CY2018 max Uncertain Tax Benefits
UncertainTaxBenefits
0
CY2020 max Unrecognized Tax Benefits Increase Related To Reorganization Transactions
UnrecognizedTaxBenefitsIncreaseRelatedToReorganizationTransactions
1925000
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
731000
CY2020 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
385000
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2271000
CY2020Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
2300000
CY2020Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
2300000
CY2020Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
700000
CY2019Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
700000
CY2020Q4 us-gaap Profit Loss
ProfitLoss
-8604000
CY2020Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-4238000
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
-4366000
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
32116477
CY2020Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
190205000
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
151548000
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
123616000
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
119445000
CY2020Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-11127000
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
8431000
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
11681000
CY2020Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
10550000
CY2020Q4 us-gaap Profit Loss
ProfitLoss
-13238000
CY2020Q3 us-gaap Profit Loss
ProfitLoss
4819000
CY2020Q2 us-gaap Profit Loss
ProfitLoss
10146000
CY2020Q1 us-gaap Profit Loss
ProfitLoss
8835000
CY2020Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-4238000
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
-4366000
CY2020Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.14
CY2019Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
126148000
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
110397000
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
89111000
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
82349000
CY2019Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
12139000
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
9683000
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
7335000
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-4316000
CY2019Q4 us-gaap Profit Loss
ProfitLoss
10377000
CY2019Q3 us-gaap Profit Loss
ProfitLoss
7763000
CY2019Q2 us-gaap Profit Loss
ProfitLoss
4959000
CY2019Q1 us-gaap Profit Loss
ProfitLoss
-5279000

Files In Submission

Name View Source Status
0001564590-21-013026-index-headers.html Edgar Link pending
0001564590-21-013026-index.html Edgar Link pending
0001564590-21-013026.txt Edgar Link pending
0001564590-21-013026-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
gjbvhkgvdltq000001.jpg Edgar Link pending
gjbvhkgvdltq000002.jpg Edgar Link pending
gjbvhkgvdltq000003.jpg Edgar Link pending
gjbvhkgvdltq000004.jpg Edgar Link pending
gjbvhkgvdltq000005.jpg Edgar Link pending
gjbvhkgvdltq000006.jpg Edgar Link pending
gjbvhkgvdltq000007.jpg Edgar Link pending
gjbvhkgvdltq000008.jpg Edgar Link pending
gjbvhkgvdltq000009.jpg Edgar Link pending
gjbvhkgvdltq000010.jpg Edgar Link pending
gjbvhkgvdltq000011.jpg Edgar Link pending
gjbvhkgvdltq000012.jpg Edgar Link pending
gjbvhkgvdltq000013.jpg Edgar Link pending
max-10k_20201231.htm Edgar Link pending
max-20201231.xml Edgar Link completed
max-20201231.xsd Edgar Link pending
max-20201231_cal.xml Edgar Link unprocessable
max-20201231_def.xml Edgar Link unprocessable
max-20201231_lab.xml Edgar Link unprocessable
max-20201231_pre.xml Edgar Link unprocessable
max-ex231_779.htm Edgar Link pending
max-ex311_9.htm Edgar Link pending
max-ex312_8.htm Edgar Link pending
max-ex321_6.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending