2021 Form 10-K Financial Statement

#000162828022005651 Filed on March 10, 2022

View on sec.gov

Income Statement

Concept 2021 2020 Q4 2020
Revenue $549.2M $106.8M $364.2M
YoY Change 50.8% 33.78%
Cost Of Revenue $239.3M $85.70M $154.6M
YoY Change 54.75% 263.32%
Gross Profit $309.9M $21.15M $209.6M
YoY Change 47.89% -8.75%
Gross Profit Margin 56.44% 19.79% 57.55%
Selling, General & Admin $1.257B $393.5M $740.8M
YoY Change 69.69% 274.6%
% of Gross Profit 405.61% 1860.94% 353.49%
Research & Development $7.487M $1.300M $4.770M
YoY Change 56.96% 29.9%
% of Gross Profit 2.42% 6.15% 2.28%
Depreciation & Amortization $2.676M $641.0K $2.553M
YoY Change 4.82% 9.38%
% of Gross Profit 0.86% 3.03% 1.22%
Operating Expenses $1.265B $395.5M $745.6M
YoY Change 69.61% 270.14%
Operating Profit -$967.6M -$374.3M -$538.7M
YoY Change 79.62% -2206.72%
Interest Expense -$110.0K -$12.00K $477.0K
YoY Change -123.06% -69.38%
% of Operating Profit
Other Income/Expense, Net $16.18M -$1.023M -$2.879M
YoY Change -661.93% -432.83%
Pretax Income -$951.5M -$375.4M -$541.1M
YoY Change 75.85% -2032.95%
Income Tax $2.358M $0.00
% Of Pretax Income
Net Earnings -$1.013B -$374.2M -$538.4M
YoY Change 88.22% -2025.72%
Net Earnings / Revenue -184.51% -350.26% -147.83%
Basic Earnings Per Share
Diluted Earnings Per Share -$3.209M -$1.183M -$1.702M
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2021 2020 Q4 2020
SHORT-TERM ASSETS
Cash & Short-Term Investments $139.1M $861.8K $114.4M
YoY Change 21.55% -32.9%
Cash & Equivalents $139.1M $114.4M $114.4M
Short-Term Investments
Other Short-Term Assets $98.71M $1.889M $52.94M
YoY Change 86.45% 95.74%
Inventory
Prepaid Expenses $8.530M
Receivables $7.805M $12.40M $12.40M
Other Receivables $794.0K $874.0K
Total Short-Term Assets $246.4M $180.6M $180.6M
YoY Change 36.4% -12.18%
LONG-TERM ASSETS
Property, Plant & Equipment $12.09M $1.417M $13.75M
YoY Change -12.11% -14.47%
Goodwill $18.10M
YoY Change 0.0%
Intangibles $5.278M
YoY Change
Long-Term Investments $414.2M
YoY Change
Other Assets $130.3M $678.0K $65.89M
YoY Change 97.76% 178.47%
Total Long-Term Assets $175.2M $104.2M $104.2M
YoY Change 68.14% 47.76%
TOTAL ASSETS
Total Short-Term Assets $246.4M $180.6M $180.6M
Total Long-Term Assets $175.2M $104.2M $104.2M
Total Assets $421.6M $284.8M $284.8M
YoY Change 48.01% 3.12%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.758M $22.12K $11.97M
YoY Change -60.25% 140.39%
Accrued Expenses $47.73M $32.13M $33.21M
YoY Change 43.71% -6.74%
Deferred Revenue $274.8M
YoY Change 44.05%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change -100.0%
Total Short-Term Liabilities $395.5M $345.5M $345.5M
YoY Change 14.46% 35.81%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $431.3M $68.29M $859.9M
YoY Change -49.84% 197.84%
Total Long-Term Liabilities $431.3M $68.29M $859.9M
YoY Change -49.84% 196.68%
TOTAL LIABILITIES
Total Short-Term Liabilities $395.5M $345.5M $345.5M
Total Long-Term Liabilities $431.3M $68.29M $859.9M
Total Liabilities $470.1M $1.205B $1.200B
YoY Change -60.81% 122.76%
SHAREHOLDERS EQUITY
Retained Earnings -$29.63M
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$48.55M $5.000M -$914.7M
YoY Change
Total Liabilities & Shareholders Equity $421.6M $284.8M $284.8M
YoY Change 48.01% 3.12%

Cashflow Statement

Concept 2021 2020 Q4 2020
OPERATING ACTIVITIES
Net Income -$1.013B -$374.2M -$538.4M
YoY Change 88.22% -2025.72%
Depreciation, Depletion And Amortization $2.676M $641.0K $2.553M
YoY Change 4.82% 9.38%
Cash From Operating Activities $63.63M -$17.11M $55.88M
YoY Change 13.88% 3.09%
INVESTING ACTIVITIES
Capital Expenditures $157.0K -$61.00K $290.0K
YoY Change -45.86% 63.84%
Acquisitions $7.139M $0.00
YoY Change -100.0%
Other Investing Activities -$7.262M $0.00 -$9.164M
YoY Change -20.76% -172.89%
Cash From Investing Activities -$8.311M -$61.00K -$9.649M
YoY Change -13.87% -177.85%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $3.340M $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$30.68M -23.51M -$103.4M
YoY Change -70.32% 278.07%
NET CHANGE
Cash From Operating Activities $63.63M -17.11M $55.88M
Cash From Investing Activities -$8.311M -61.00K -$9.649M
Cash From Financing Activities -$30.68M -23.51M -$103.4M
Net Change In Cash $24.65M -40.68M -$57.16M
YoY Change -143.13% -245.76%
FREE CASH FLOW
Cash From Operating Activities $63.63M -$17.11M $55.88M
Capital Expenditures $157.0K -$61.00K $290.0K
Free Cash Flow $63.48M -$17.05M $55.59M
YoY Change 14.19% 2.89%

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CY2020 us-gaap Profit Loss
ProfitLoss
-541091000 USD
CY2020Q4 us-gaap Limited Liability Company Llc Members Equity Including Portion Attributable To Noncontrolling Interest
LimitedLiabilityCompanyLlcMembersEquityIncludingPortionAttributableToNoncontrollingInterest
-920610000 USD
us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
810000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-101000 USD
mktw Distribution Made To Limited Liability Company Llc Members
DistributionMadeToLimitedLiabilityCompanyLLCMembers
15929000 USD
mktw Distributions Recapitalization
DistributionsRecapitalization
120353000 USD
us-gaap Profit Loss
ProfitLoss
-1032611000 USD
CY2021Q3 mktw Reverse Recapitalization Net
ReverseRecapitalizationNet
-113641000 USD
CY2021Q3 mktw Adjustments To Additional Paid In Capital Reverse Recapitalization Reclassification Of Units From Liability
AdjustmentsToAdditionalPaidInCapitalReverseRecapitalizationReclassificationOfUnitsFromLiability
1528228000 USD
CY2021Q3 mktw Adjustments To Additional Paid In Capital Reverse Recapitalization Establishment Of Derivative Warrant Liabilities
AdjustmentsToAdditionalPaidInCapitalReverseRecapitalizationEstablishmentOfDerivativeWarrantLiabilities
45021000 USD
CY2021Q3 mktw Adjustments To Additional Paid In Capital Reverse Recapitalization Establishment Of Deferred Taxes
AdjustmentsToAdditionalPaidInCapitalReverseRecapitalizationEstablishmentOfDeferredTaxes
11136000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
3998000 USD
mktw Stock Issued During Period For Derivative Settlement Value New Issues
StockIssuedDuringPeriodForDerivativeSettlementValueNewIssues
662000 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
3340000 USD
mktw Distribution Made To Limited Liability Company Llc Members
DistributionMadeToLimitedLiabilityCompanyLLCMembers
4686000 USD
mktw Adjustments To Additional Paid In Capital Remeasurement Of Deferred Taxes Due To Change In Noncontrolling Interest
AdjustmentsToAdditionalPaidInCapitalRemeasurementOfDeferredTaxesDueToChangeInNoncontrollingInterest
186000 USD
us-gaap Profit Loss
ProfitLoss
78728000 USD
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-405262000 USD
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-15689000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2358000 USD
us-gaap Net Income Loss
NetIncomeLoss
-1031561000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1050000 USD
us-gaap Profit Loss
ProfitLoss
-1032611000 USD
us-gaap Net Income Loss
NetIncomeLoss
18252000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
60476000 USD
us-gaap Profit Loss
ProfitLoss
78728000 USD
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-1013309000 USD
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
59426000 USD
CY2021 us-gaap Profit Loss
ProfitLoss
-953883000 USD
CY2021 us-gaap Profit Loss
ProfitLoss
-953883000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
-541091000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
27993000 USD
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2676000 USD
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2553000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2334000 USD
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
210912000 USD
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
18745000 USD
CY2020 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
0 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
8611000 USD
CY2021 mktw Unrealized Gain Loss On Derivatives Related Party
UnrealizedGainLossOnDerivativesRelatedParty
-728079000 USD
CY2020 mktw Unrealized Gain Loss On Derivatives Related Party
UnrealizedGainLossOnDerivativesRelatedParty
-456457000 USD
CY2019 mktw Unrealized Gain Loss On Derivatives Related Party
UnrealizedGainLossOnDerivativesRelatedParty
3003000 USD
CY2021 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
18017000 USD
CY2020 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-3069000 USD
CY2019 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-478000 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2358000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 USD
CY2021 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
38000 USD
CY2019 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
131000 USD
CY2021 mktw Noncash Lease Expense
NoncashLeaseExpense
1894000 USD
CY2020 mktw Noncash Lease Expense
NoncashLeaseExpense
2577000 USD
CY2019 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
2028000 USD
CY2019 mktw Noncash Lease Expense
NoncashLeaseExpense
3102000 USD
CY2021 us-gaap Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
105000 USD
CY2020 us-gaap Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
0 USD
CY2019 us-gaap Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
605000 USD
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-4593000 USD
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
5066000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
6513000 USD
CY2021 mktw Increase Decrease In Due To Due From Related Parties
IncreaseDecreaseInDueToDueFromRelatedParties
-1167000 USD
CY2020 mktw Increase Decrease In Due To Due From Related Parties
IncreaseDecreaseInDueToDueFromRelatedParties
-4670000 USD
CY2019 mktw Increase Decrease In Due To Due From Related Parties
IncreaseDecreaseInDueToDueFromRelatedParties
-13777000 USD
CY2021 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
4513000 USD
CY2020 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
3423000 USD
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
744000 USD
CY2020 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
841000 USD
CY2019 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
335000 USD
CY2020 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-2084000 USD
CY2019 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-2484000 USD
CY2019 mktw Increase Decrease In Intangible Assets Noncurrent
IncreaseDecreaseInIntangibleAssetsNoncurrent
-928000 USD
CY2021 mktw Increase Decrease In Intangible Assets Noncurrent
IncreaseDecreaseInIntangibleAssetsNoncurrent
-109000 USD
CY2020 mktw Increase Decrease In Intangible Assets Noncurrent
IncreaseDecreaseInIntangibleAssetsNoncurrent
-30000 USD
CY2021 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
95835000 USD
CY2020 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
64921000 USD
CY2019 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
6750000 USD
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-7282000 USD
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
6990000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-5215000 USD
CY2021 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
14205000 USD
CY2020 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-1392000 USD
CY2019 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
10065000 USD
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
175553000 USD
CY2020 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
178849000 USD
CY2019 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
36667000 USD
CY2021 us-gaap Increase Decrease In Derivative Assets And Liabilities
IncreaseDecreaseInDerivativeAssetsAndLiabilities
-662000 USD
CY2020 us-gaap Increase Decrease In Derivative Assets And Liabilities
IncreaseDecreaseInDerivativeAssetsAndLiabilities
0 USD
CY2019 us-gaap Increase Decrease In Derivative Assets And Liabilities
IncreaseDecreaseInDerivativeAssetsAndLiabilities
0 USD
CY2021 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-1154000 USD
CY2021 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
5329000 USD
CY2020 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
10093000 USD
CY2019 mktw Cash Deposit From Acquisition
CashDepositFromAcquisition
15000000 USD
CY2021 us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
0 USD
CY2019 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
4864000 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
63632000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
55875000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
54201000 USD
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
7139000 USD
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1483000 USD
CY2021 mktw Cash Deposit From Acquisition
CashDepositFromAcquisition
0 USD
CY2020 mktw Cash Deposit From Acquisition
CashDepositFromAcquisition
0 USD
CY2020 us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
9164000 USD
CY2019 us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
193000 USD
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
157000 USD
CY2021 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
892000 USD
CY2020 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
195000 USD
CY2019 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 USD
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
290000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
177000 USD
CY2021 mktw Reverse Recapitalization Net Proceeds
ReverseRecapitalizationNetProceeds
113641000 USD
CY2020 mktw Reverse Recapitalization Net Proceeds
ReverseRecapitalizationNetProceeds
0 USD
CY2021 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
123000 USD
CY2020 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
0 USD
CY2019 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
752000 USD
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-8311000 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-9649000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
12395000 USD
CY2021 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 USD
CY2020 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
5390000 USD
CY2019 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
1932000 USD
CY2019 mktw Reverse Recapitalization Net Proceeds
ReverseRecapitalizationNetProceeds
0 USD
CY2021 mktw Payments To Acquire Related Party Notes Receivable
PaymentsToAcquireRelatedPartyNotesReceivable
11000 USD
CY2020 mktw Payments To Acquire Related Party Notes Receivable
PaymentsToAcquireRelatedPartyNotesReceivable
1148000 USD
CY2019 mktw Payments To Acquire Related Party Notes Receivable
PaymentsToAcquireRelatedPartyNotesReceivable
3107000 USD
CY2021 mktw Proceeds From Collection Of Related Party Note Receivable
ProceedsFromCollectionOfRelatedPartyNoteReceivable
0 USD
CY2020 mktw Proceeds From Collection Of Related Party Note Receivable
ProceedsFromCollectionOfRelatedPartyNoteReceivable
5446000 USD
CY2019 mktw Proceeds From Collection Of Related Party Note Receivable
ProceedsFromCollectionOfRelatedPartyNoteReceivable
0 USD
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3340000 USD
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2021 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
135451000 USD
CY2020 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
101767000 USD
CY2019 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
20471000 USD
CY2021 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
5517000 USD
CY2020 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
510000 USD
CY2019 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
1831000 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-30678000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-103369000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-27341000 USD
CY2021 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:9pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:9pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates and assumptions made in the accompanying financial statements include, but are not limited to, the fair value of common units, derivatives, warrants, valuation of assets acquired and liabilities assumed in business combinations, useful lives of intangible assets with definite lives, benefit period of deferred contract acquisition costs, grant-date fair value of equity awards, determination of standalone selling prices, estimated life of lifetime customers, recoverability of goodwill and long-lived assets, valuation allowances on deferred tax assets, the incremental borrowing rates to calculate lease liabilities and right-of-use (“ROU”) assets and certain accruals. We evaluate our estimates and assumptions on an ongoing basis using historical experience and </span></div>other factors and adjust those estimates and assumptions when facts and circumstances dictate. Actual results could differ from those estimates.
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8000 USD
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-14000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-41000 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
24651000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-57157000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
39214000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
114927000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
172084000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
132870000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
139578000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
114927000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
172084000 USD
CY2021Q3 mktw Recapitalization Exchange Ratio
RecapitalizationExchangeRatio
1
CY2021Q3 us-gaap Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
1 shares
CY2021Q3 mktw Recapitalization Units Exchange Ratio Shares
RecapitalizationUnitsExchangeRatioShares
1 shares
CY2021Q3 mktw Reverse Recapitalization Common Units Issued
ReverseRecapitalizationCommonUnitsIssued
28003096 shares
CY2021Q3 mktw Stock Issued During Period Shares Warrants Reverse Recapitalization
StockIssuedDuringPeriodSharesWarrantsReverseRecapitalization
30979993 shares
CY2021Q3 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
15000000 shares
CY2021Q3 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
10.00
CY2021Q3 us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
150000000 USD
CY2021Q3 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
30979993 shares
CY2021Q3 mktw Proceeds From Recapitalization Reclassification Of Trust Account
ProceedsFromRecapitalizationReclassificationOfTrustAccount
414600000 USD
CY2021Q3 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
150000000 USD
CY2021Q3 mktw Payments Of Reverse Recapitalization Transaction Costs
PaymentsOfReverseRecapitalizationTransactionCosts
48800000 USD
CY2021Q3 mktw Payments Of Deferred Underwriters Discount
PaymentsOfDeferredUnderwritersDiscount
14500000 USD
CY2021Q3 mktw Payments To Redeeming Shareholders
PaymentsToRedeemingShareholders
387700000 USD
CY2021Q3 mktw Adjustments To Additional Paid In Capital Reverse Recapitalization Establishment Of Derivative Warrant Liabilities
AdjustmentsToAdditionalPaidInCapitalReverseRecapitalizationEstablishmentOfDerivativeWarrantLiabilities
45000000.0 USD
CY2021Q3 mktw Adjustments To Additional Paid In Capital Reverse Recapitalization Establishment Of Deferred Taxes
AdjustmentsToAdditionalPaidInCapitalReverseRecapitalizationEstablishmentOfDeferredTaxes
11100000 USD
CY2021 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
Concentration of Credit Risk and Other Risks and UncertaintiesFinancial instruments that potentially subject us to significant concentrations of credit risk consist primarily of cash. We maintain deposits in federally insured financial institutions in excess of federally insured limits. We are exposed to credit risk in the event of a default by the financial institutions holding our cash to the extent recorded on the consolidated balance sheets. Management believes we are not exposed to significant credit risk due to the financial position of the depository institutions in which those deposits are held.
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2021 mktw Gain Loss From Sale Of Cryptocurrency
GainLossFromSaleOfCryptocurrency
105000 USD
CY2020 mktw Gain Loss From Sale Of Cryptocurrency
GainLossFromSaleOfCryptocurrency
0 USD
CY2019 mktw Gain Loss From Sale Of Cryptocurrency
GainLossFromSaleOfCryptocurrency
605000 USD
CY2021Q4 us-gaap Capitalized Contract Cost Amortization Period
CapitalizedContractCostAmortizationPeriod
P4Y
CY2021 us-gaap Advertising Expense
AdvertisingExpense
144561000 USD
CY2020 us-gaap Advertising Expense
AdvertisingExpense
149191000 USD
CY2019 us-gaap Advertising Expense
AdvertisingExpense
67640000 USD
CY2021Q3 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
32045000 shares
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
32045000 shares
CY2021 mktw Capitalized Computer Software Amortization Period
CapitalizedComputerSoftwareAmortizationPeriod
P3Y
CY2021Q4 us-gaap Hosting Arrangement Service Contract Implementation Cost Capitalized Before Accumulated Amortization
HostingArrangementServiceContractImplementationCostCapitalizedBeforeAccumulatedAmortization
287000 USD
CY2020Q4 us-gaap Hosting Arrangement Service Contract Implementation Cost Capitalized Before Accumulated Amortization
HostingArrangementServiceContractImplementationCostCapitalizedBeforeAccumulatedAmortization
356000 USD
CY2019Q4 us-gaap Hosting Arrangement Service Contract Implementation Cost Capitalized Before Accumulated Amortization
HostingArrangementServiceContractImplementationCostCapitalizedBeforeAccumulatedAmortization
257000 USD
CY2021 us-gaap Hosting Arrangement Service Contract Implementation Cost Expense Amortization
HostingArrangementServiceContractImplementationCostExpenseAmortization
210000 USD
CY2020 us-gaap Hosting Arrangement Service Contract Implementation Cost Expense Amortization
HostingArrangementServiceContractImplementationCostExpenseAmortization
17000 USD
CY2019 us-gaap Hosting Arrangement Service Contract Implementation Cost Expense Amortization
HostingArrangementServiceContractImplementationCostExpenseAmortization
64000 USD
CY2021Q3 mktw Reverse Recapitalization Contingent Consideration Equity Earnout Period
ReverseRecapitalizationContingentConsiderationEquityEarnoutPeriod
P4Y
CY2021Q3 mktw Reverse Recapitalization Contingent Consideration Equity
ReverseRecapitalizationContingentConsiderationEquity
26000000 USD
CY2021Q3 mktw Reverse Recapitalization Contingent Consideration Equity Shares
ReverseRecapitalizationContingentConsiderationEquityShares
5051000 shares
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-15700000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2400000 USD
CY2021 us-gaap Comparability Of Prior Year Financial Data
ComparabilityOfPriorYearFinancialData
<div style="margin-bottom:9pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Adjustments Related to Prior Period Financial Statements</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">During the year ended December 31, 2021, the Company determined that there were immaterial misstatements of revenue and general and administrative expenses in our previously issued annual financial statements. The Company corrected these misstatements by recognizing out-of-period adjustments during the year ended December 31, 2021, which increased our revenue by $5.7 million and decreased our general and administrative expenses by $2.8 million for the period. For the year ended December 31, 2021, the out-of-period adjustments were a cumulative $8.5 million decrease in net loss. Management determined that the correction of these misstatements were not material to our previously issued financial statements on both a quantitative and qualitative basis nor our 2021 financial statements on both a quantitative and qualitative basis.</span></div>
CY2021 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
1284000 USD
CY2021 us-gaap Revenues
Revenues
549183000 USD
CY2020 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
3386000 USD
CY2020 us-gaap Revenues
Revenues
364179000 USD
CY2019 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
6825000 USD
CY2019 us-gaap Revenues
Revenues
272223000 USD
CY2021 us-gaap Revenues
Revenues
549183000 USD
CY2020 us-gaap Revenues
Revenues
364179000 USD
CY2019 us-gaap Revenues
Revenues
272223000 USD
CY2021 us-gaap Revenues
Revenues
549183000 USD
CY2020 us-gaap Revenues
Revenues
364179000 USD
CY2019 us-gaap Revenues
Revenues
272223000 USD
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
7805000 USD
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
12398000 USD
CY2019Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
7332000 USD
CY2021Q4 us-gaap Contract With Customer Refund Liability
ContractWithCustomerRefundLiability
5590000 USD
CY2020Q4 us-gaap Contract With Customer Refund Liability
ContractWithCustomerRefundLiability
3448000 USD
CY2019Q4 us-gaap Contract With Customer Refund Liability
ContractWithCustomerRefundLiability
2214000 USD
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
311543000 USD
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
274819000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
190778000 USD
CY2021Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
393043000 USD
CY2020Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
254481000 USD
CY2019Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
160907000 USD
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
289728000 USD
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
190778000 USD
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
7805000 USD
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
12398000 USD
CY2018Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
35565000 USD
CY2019 mktw Capitalized Contract Cost Additions Royalties And Sales Commissions
CapitalizedContractCostAdditionsRoyaltiesAndSalesCommissions
18984000 USD
CY2019 mktw Capitalized Contract Cost Additions Revenue Share Fees
CapitalizedContractCostAdditionsRevenueShareFees
6284000 USD
CY2019 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
18519000 USD
CY2019Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
42314000 USD
CY2020 mktw Capitalized Contract Cost Additions Royalties And Sales Commissions
CapitalizedContractCostAdditionsRoyaltiesAndSalesCommissions
43273000 USD
CY2020 mktw Capitalized Contract Cost Additions Revenue Share Fees
CapitalizedContractCostAdditionsRevenueShareFees
52193000 USD
CY2020 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
30544000 USD
CY2020Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
107236000 USD
CY2021 mktw Capitalized Contract Cost Additions Royalties And Sales Commissions
CapitalizedContractCostAdditionsRoyaltiesAndSalesCommissions
68938000 USD
CY2021 mktw Capitalized Contract Cost Additions Revenue Share Fees
CapitalizedContractCostAdditionsRevenueShareFees
98747000 USD
CY2021 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
71850000 USD
CY2021Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
203071000 USD
CY2019 us-gaap Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
0 USD
CY2020 us-gaap Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
0 USD
CY2021 us-gaap Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
0 USD
CY2021Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
710176000 USD
CY2021Q4 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.45
CY2021Q4 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2019Q4 us-gaap Goodwill
Goodwill
18101000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
18101000 USD
CY2021 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
5187000 USD
CY2021Q4 us-gaap Goodwill
Goodwill
23288000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
18812000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
11287000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
7525000 USD
CY2021Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1087000 USD
CY2021Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1087000 USD
CY2021Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
19899000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
11287000 USD
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
8612000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
14121000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
9042000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5079000 USD
CY2020Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
199000 USD
CY2020Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
199000 USD
CY2020Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
14320000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
9042000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
5278000 USD
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2245000 USD
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2102000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1710000 USD
CY2021 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
410000 USD
CY2020 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
415000 USD
CY2019 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
130000 USD
CY2021 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
370000 USD
CY2020 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
0 USD
CY2019 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
752000 USD
CY2021 us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
247000 USD
CY2020 us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
0 USD
CY2019 us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
0 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
2120000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1961000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1470000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1013000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
711000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
250000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
7525000 USD
CY2018Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
113221000 USD
CY2019 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
8611000 USD
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
49000 USD
CY2019Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
119307000 USD
CY2020 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
18745000 USD
CY2020Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
597578000 USD
CY2021 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
206914000 USD
CY2021 mktw Reverse Recapitalization Establishment Of Derivative Warrant Liability
ReverseRecapitalizationEstablishmentOfDerivativeWarrantLiability
45021000 USD
CY2021 mktw Reverse Recapitalization Reclassification Of Units From Liability To Equity
ReverseRecapitalizationReclassificationOfUnitsFromLiabilityToEquity
1528228000 USD
CY2021Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
31347000 USD
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3661000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3458000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2473000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2041000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1188000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1417000 USD
CY2021 us-gaap Depreciation
Depreciation
431000 USD
CY2020 us-gaap Depreciation
Depreciation
451000 USD
CY2019 us-gaap Depreciation
Depreciation
624000 USD
CY2021Q4 mktw Accrued Commission And Bonus Current
AccruedCommissionAndBonusCurrent
22155000 USD
CY2020Q4 mktw Accrued Commission And Bonus Current
AccruedCommissionAndBonusCurrent
17271000 USD
CY2021Q4 mktw Accrued Payroll And Benefits Current
AccruedPayrollAndBenefitsCurrent
5164000 USD
CY2020Q4 mktw Accrued Payroll And Benefits Current
AccruedPayrollAndBenefitsCurrent
3645000 USD
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
19134000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
11218000 USD
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
46453000 USD
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
3723000 USD
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
97000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
32134000 USD
CY2021Q4 mktw Debt Instrument Covenant Interest Coverage Ratio
DebtInstrumentCovenantInterestCoverageRatio
3.00
CY2021Q4 mktw Debt Instrument Covenant Net Leverage Ratio
DebtInstrumentCovenantNetLeverageRatio
2.00
CY2021Q4 mktw Debt Instrument Covenant Net Leverage Ratio Increase Based On Acquisition
DebtInstrumentCovenantNetLeverageRatioIncreaseBasedOnAcquisition
2.50
CY2021Q4 mktw Debt Instrument Covenant Net Leverage Ratio Maximum Cash Consideration
DebtInstrumentCovenantNetLeverageRatioMaximumCashConsideration
50000000 USD
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
2435000 USD
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
3267000 USD
CY2019 us-gaap Variable Lease Cost
VariableLeaseCost
176000 USD
CY2021 us-gaap Lease Cost
LeaseCost
2532000 USD
CY2020 us-gaap Lease Cost
LeaseCost
3316000 USD
CY2019 us-gaap Lease Cost
LeaseCost
3899000 USD
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y8M12D
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y7M6D
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.070
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.071
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.072
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1806000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1842000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1733000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1678000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1597000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
1386000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
10042000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1835000 USD
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
8207000 USD
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1063351000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
553600000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
20439000 USD
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1063351000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
553600000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
20439000 USD
CY2021Q3 mktw Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Net Of Withholding Taxes
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodNetOfWithholdingTaxes
200373 shares
CY2021Q3 us-gaap Share Price
SharePrice
10
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-15689000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2358000 USD
us-gaap Profit Loss
ProfitLoss
78728000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
60476000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
18252000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
18252000 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25035000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25035000 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.73
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.73
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0 USD
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
1942000 USD
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
416000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2358000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.2100
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0450
CY2020 mktw Right Of Use Asset Obtained In Exchange For Operating Lease Liability Acquisitions
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiabilityAcquisitions
0 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
-0.0055
CY2021 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
-0.2520
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.0025
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.0025
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves
216000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
127000 USD
CY2021Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
9899000 USD
CY2021Q4 us-gaap Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
40000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
102000 USD
CY2021Q4 us-gaap Deferred Tax Assets Investment In Subsidiaries
DeferredTaxAssetsInvestmentInSubsidiaries
28981000 USD
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
1260000 USD
CY2021Q4 mktw Deferred Tax Assets Flow Through Entities
DeferredTaxAssetsFlowThroughEntities
296000 USD
CY2021Q4 mktw Deferred Tax Assets Lease Liabilities
DeferredTaxAssetsLeaseLiabilities
158000 USD
CY2021Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
9000 USD
CY2021Q4 us-gaap Deferred Tax Assets Charitable Contribution Carryforwards
DeferredTaxAssetsCharitableContributionCarryforwards
25000 USD
CY2021Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
1057000 USD
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
42170000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Deferred Expense
DeferredTaxLiabilitiesDeferredExpense
3959000 USD
CY2021Q4 mktw Deferred Tax Liabilities Related Party Interest
DeferredTaxLiabilitiesRelatedPartyInterest
53000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
213000 USD
CY2021Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
4225000 USD
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
28981000 USD
CY2021Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
8964000 USD
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
28981000 USD
CY2021 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
1284000 USD
CY2020 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
3386000 USD
CY2019 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
6825000 USD
CY2021 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
309500 shares
CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1010000 USD
CY2021 us-gaap Interest Paid Net
InterestPaidNet
67000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
339000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
366000 USD
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
1761000 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
2767000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
3106000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
409000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
5051000 USD
CY2021 mktw Right Of Use Asset Obtained In Exchange For Operating Lease Liability Acquisitions
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiabilityAcquisitions
398000 USD
CY2019 mktw Right Of Use Asset Obtained In Exchange For Operating Lease Liability Acquisitions
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiabilityAcquisitions
0 USD
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
0 USD
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
0 USD
CY2021 mktw Capitalized Software Costs Incurred But Not Yet Paid
CapitalizedSoftwareCostsIncurredButNotYetPaid
12000 USD
CY2020 mktw Capitalized Software Costs Incurred But Not Yet Paid
CapitalizedSoftwareCostsIncurredButNotYetPaid
0 USD
CY2019 mktw Capitalized Software Costs Incurred But Not Yet Paid
CapitalizedSoftwareCostsIncurredButNotYetPaid
0 USD
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
139078000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
114422000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
170520000 USD
CY2021Q4 us-gaap Restricted Cash
RestrictedCash
500000 USD
CY2020Q4 us-gaap Restricted Cash
RestrictedCash
505000 USD
CY2019Q4 us-gaap Restricted Cash
RestrictedCash
1564000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
139578000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
114927000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
172084000 USD
CY2021Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
35000000 USD
CY2021 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
500270 shares
CY2021 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
109127 shares
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2021Q4 mktw Capital Stock Shares Authorized
CapitalStockSharesAuthorized
1350000000 shares
CY2021Q4 mktw Capital Stock Shares Issued
CapitalStockSharesIssued
315810705 shares
CY2021Q4 mktw Capital Stock Shares Outstanding
CapitalStockSharesOutstanding
315810705 shares
CY2021Q3 mktw Common Stock Voting Rights Number Of Votes
CommonStockVotingRightsNumberOfVotes
1 vote
CY2021 mktw Payments For Repurchase Of Common Stock Net Of Fees
PaymentsForRepurchaseOfCommonStockNetOfFees
3335000 USD
CY2021 us-gaap Stock Repurchase Program Period In Force1
StockRepurchaseProgramPeriodInForce1
P2Y
CY2021Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
35000000 USD
CY2021Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
29332000 USD

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