2022 Q1 Form 10-Q Financial Statement

#000162828022013175 Filed on May 09, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q4 2021 Q1
Revenue $136.8M $146.7M $119.7M
YoY Change 14.27% 37.28% 56.69%
Cost Of Revenue $17.62M $17.59M $132.8M
YoY Change -86.74% -79.48% 803.48%
Gross Profit $119.2M $129.1M -$13.10M
YoY Change -1009.92% 510.47% -121.23%
Gross Profit Margin 87.12% 88.01% -10.94%
Selling, General & Admin $98.78M $97.47M $599.2M
YoY Change -83.51% -75.23% 680.23%
% of Gross Profit 82.88% 75.51%
Research & Development $2.278M $1.645M $1.778M
YoY Change 28.12% 26.54% 77.8%
% of Gross Profit 1.91% 1.27%
Depreciation & Amortization $604.0K $600.0K $751.0K
YoY Change -19.57% -6.4% 25.17%
% of Gross Profit 0.51% 0.46%
Operating Expenses $101.1M $99.82M $601.0M
YoY Change -83.18% -74.76% 665.59%
Operating Profit $17.42M $29.27M -$614.9M
YoY Change -102.83% -107.82% 3559.89%
Interest Expense -$171.0K -$127.0K $5.000K
YoY Change -3520.0% 958.33% -95.0%
% of Operating Profit -0.98% -0.43%
Other Income/Expense, Net $7.296M $6.016M -$227.0K
YoY Change -3314.1% -688.07% -213.5%
Pretax Income $24.55M $35.15M -$615.1M
YoY Change -103.99% -109.36% 3627.78%
Income Tax $1.500M -$727.0K $0.00
% Of Pretax Income 6.11% -2.07%
Net Earnings $5.825M $8.572M -$614.5M
YoY Change -100.95% -102.29% 3536320.14%
Net Earnings / Revenue 4.26% 5.84% -513.27%
Basic Earnings Per Share $0.24
Diluted Earnings Per Share $0.24 $27.14K -$1.943M
COMMON SHARES
Basic Shares Outstanding 23.85M shares
Diluted Shares Outstanding 23.85M shares

Balance Sheet

Concept 2022 Q1 2021 Q4 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $125.7M $139.1M $695.1K
YoY Change 17989.31% 16039.02%
Cash & Equivalents $125.7M $139.1M $184.7M
Short-Term Investments
Other Short-Term Assets $1.488M $2.484M $270.5K
YoY Change 450.13% 31.5%
Inventory
Prepaid Expenses $11.71M $13.04M $270.5K
Receivables $16.41M $7.805M
Other Receivables $487.0K $794.0K
Total Short-Term Assets $244.8M $246.4M $965.6K
YoY Change 25250.1% 36.4%
LONG-TERM ASSETS
Property, Plant & Equipment $1.099M $1.188M
YoY Change -16.16%
Goodwill $23.29M $23.29M
YoY Change 28.66%
Intangibles $8.142M $8.612M
YoY Change 63.17%
Long-Term Investments $414.3M
YoY Change
Other Assets $2.220M $965.0K
YoY Change 42.33%
Total Long-Term Assets $171.6M $175.2M $414.3M
YoY Change -58.57% 68.14%
TOTAL ASSETS
Total Short-Term Assets $244.8M $246.4M $965.6K
Total Long-Term Assets $171.6M $175.2M $414.3M
Total Assets $416.4M $421.6M $415.2M
YoY Change 0.29% 48.01%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.362M $4.758M $307.5K
YoY Change 668.16% 21409.95%
Accrued Expenses $41.04M $46.45M $77.25K
YoY Change 53022.33% 44.56%
Deferred Revenue $312.5M $311.5M
YoY Change 13.36%
Short-Term Debt $0.00 $0.00 $9.750K
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $385.7M $395.5M $394.5K
YoY Change 97682.7% 14.46%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $424.7M $431.3M $46.15M
YoY Change 820.17% 531.59%
Total Long-Term Liabilities $424.7M $431.3M $46.15M
YoY Change 820.17% 531.59%
TOTAL LIABILITIES
Total Short-Term Liabilities $385.7M $395.5M $394.5K
Total Long-Term Liabilities $424.7M $431.3M $46.15M
Total Liabilities $810.4M $826.8M $46.55M
YoY Change 1641.08% -31.41%
SHAREHOLDERS EQUITY
Retained Earnings -$140.3M -$146.1M -$7.920M
YoY Change 1671.44% 393.14%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$51.64M -$48.55M $5.000M
YoY Change
Total Liabilities & Shareholders Equity $416.4M $421.6M $415.2M
YoY Change 0.29% 48.01%

Cashflow Statement

Concept 2022 Q1 2021 Q4 2021 Q1
OPERATING ACTIVITIES
Net Income $5.825M $8.572M -$614.5M
YoY Change -100.95% -102.29% 3536320.14%
Depreciation, Depletion And Amortization $604.0K $600.0K $751.0K
YoY Change -19.57% -6.4% 25.17%
Cash From Operating Activities $1.068M $5.012M $92.30M
YoY Change -98.84% -129.29%
INVESTING ACTIVITIES
Capital Expenditures $14.00K -$86.00K $13.00K
YoY Change 7.69% 40.98%
Acquisitions $0.00 $7.139M
YoY Change -100.0%
Other Investing Activities -$31.00K -$23.00K
YoY Change
Cash From Investing Activities -$45.00K -$109.0K -$7.834M
YoY Change -99.43% 78.69%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $11.49M $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$14.35M -3.453M -$14.17M
YoY Change 1.26% -85.32%
NET CHANGE
Cash From Operating Activities $1.068M 5.012M $92.30M
Cash From Investing Activities -$45.00K -109.0K -$7.834M
Cash From Financing Activities -$14.35M -3.453M -$14.17M
Net Change In Cash -$13.34M 1.450M $70.29M
YoY Change -118.98% -103.56%
FREE CASH FLOW
Cash From Operating Activities $1.068M $5.012M $92.30M
Capital Expenditures $14.00K -$86.00K $13.00K
Free Cash Flow $1.054M $5.098M $92.29M
YoY Change -98.86% -129.9%

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NetIncomeLossAttributableToNoncontrollingInterest
-630000 USD
CY2021Q1 us-gaap Profit Loss
ProfitLoss
-615083000 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
5825000 USD
CY2022Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
17198000 USD
CY2022Q1 us-gaap Profit Loss
ProfitLoss
23023000 USD
CY2022Q1 us-gaap Profit Loss
ProfitLoss
23023000 USD
CY2021Q1 us-gaap Profit Loss
ProfitLoss
-615083000 USD
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
604000 USD
CY2021Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
751000 USD
CY2022Q1 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
287000 USD
CY2021Q1 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0 USD
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
2588000 USD
CY2021Q1 us-gaap Share Based Compensation
ShareBasedCompensation
43880000 USD
CY2022Q1 mktw Unrealized Gain Loss On Derivatives Related Party
UnrealizedGainLossOnDerivativesRelatedParty
0 USD
CY2021Q1 mktw Unrealized Gain Loss On Derivatives Related Party
UnrealizedGainLossOnDerivativesRelatedParty
-551544000 USD
CY2022Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
7131000 USD
CY2021Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-394000 USD
CY2022Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1522000 USD
CY2021Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 USD
CY2022Q1 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
8000 USD
CY2021Q1 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
10000 USD
CY2022Q1 mktw Noncash Lease Expense
NoncashLeaseExpense
478000 USD
CY2021Q1 mktw Noncash Lease Expense
NoncashLeaseExpense
448000 USD
CY2022Q1 us-gaap Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
0 USD
CY2021Q1 us-gaap Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
105000 USD
CY2022Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
8607000 USD
CY2021Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
722000 USD
CY2022Q1 mktw Increase Decrease In Due To Due From Related Parties
IncreaseDecreaseInDueToDueFromRelatedParties
-164000 USD
CY2021Q1 mktw Increase Decrease In Due To Due From Related Parties
IncreaseDecreaseInDueToDueFromRelatedParties
2704000 USD
CY2022Q1 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-1334000 USD
CY2021Q1 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
1060000 USD
CY2022Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
259000 USD
CY2021Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-97000 USD
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
14000 USD
CY2022Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2021Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
7139000 USD
CY2022Q1 mktw Increase Decrease In Intangible Assets Noncurrent
IncreaseDecreaseInIntangibleAssetsNoncurrent
0 USD
CY2021Q1 mktw Increase Decrease In Intangible Assets Noncurrent
IncreaseDecreaseInIntangibleAssetsNoncurrent
-108000 USD
CY2022Q1 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
3649000 USD
CY2021Q1 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
49681000 USD
CY2022Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-2388000 USD
CY2021Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-5263000 USD
CY2022Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-5416000 USD
CY2021Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
29640000 USD
CY2022Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
1448000 USD
CY2021Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
130785000 USD
CY2022Q1 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-316000 USD
CY2021Q1 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-276000 USD
CY2022Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-2278000 USD
CY2021Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
4153000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1068000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
92304000 USD
CY2021Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
662000 USD
CY2021Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
13000 USD
CY2022Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 USD
CY2022Q1 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
31000 USD
CY2021Q1 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
20000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-45000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-7834000 USD
CY2022Q1 mktw Payments To Acquire Related Party Notes Receivable
PaymentsToAcquireRelatedPartyNotesReceivable
4000 USD
CY2021Q1 mktw Payments To Acquire Related Party Notes Receivable
PaymentsToAcquireRelatedPartyNotesReceivable
2000 USD
CY2022Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
11491000 USD
CY2021Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2022Q1 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
0 USD
CY2021Q1 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
13917000 USD
CY2022Q1 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
2852000 USD
CY2021Q1 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
250000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-14347000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-14169000 USD
CY2022Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-17000 USD
CY2021Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-16000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-13341000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
70285000 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
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
126237000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
185212000 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 Reverse Recapitalization Net
ReverseRecapitalizationNet
113600000 USD
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 USD
CY2021Q3 mktw Adjustments To Additional Paid In Capital Reverse Recapitalization Establishment Of Deferred Taxes
AdjustmentsToAdditionalPaidInCapitalReverseRecapitalizationEstablishmentOfDeferredTaxes
11100000 USD
CY2022Q1 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, 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 other factors and adjust those estimates and assumptions when facts and circumstances dictate. Actual results could differ from those estimates.</span></div>
CY2022Q1 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-6700000 USD
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1500000 USD
CY2022Q1 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
178000 USD
CY2022Q1 us-gaap Revenues
Revenues
136798000 USD
CY2021Q1 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
373000 USD
CY2021Q1 us-gaap Revenues
Revenues
119714000 USD
CY2022Q1 us-gaap Revenues
Revenues
136798000 USD
CY2021Q1 us-gaap Revenues
Revenues
119714000 USD
CY2022Q1 us-gaap Revenues
Revenues
136798000 USD
CY2021Q1 us-gaap Revenues
Revenues
119714000 USD
CY2022Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
16412000 USD
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
7805000 USD
CY2022Q1 us-gaap Contract With Customer Refund Liability
ContractWithCustomerRefundLiability
5363000 USD
CY2021Q4 us-gaap Contract With Customer Refund Liability
ContractWithCustomerRefundLiability
5590000 USD
CY2022Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
312497000 USD
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
311543000 USD
CY2022Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
393764000 USD
CY2021Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
393043000 USD
CY2022Q1 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
206720000 USD
CY2022Q1 us-gaap Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
0 USD
CY2022Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
109730000 USD
CY2021Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
94838000 USD
CY2022Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
16412000 USD
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
7805000 USD
CY2021Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
203071000 USD
CY2022Q1 mktw Capitalized Contract Cost Additions Royalties And Sales Commissions
CapitalizedContractCostAdditionsRoyaltiesAndSalesCommissions
10633000 USD
CY2022Q1 mktw Capitalized Contract Cost Additions Revenue Share Fees
CapitalizedContractCostAdditionsRevenueShareFees
15670000 USD
CY2022Q1 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
22654000 USD
CY2021Q1 us-gaap Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
0 USD
CY2022Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
711624000 USD
CY2022Q1 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.45
CY2022Q1 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2021Q4 us-gaap Goodwill
Goodwill
23288000 USD
CY2022Q1 us-gaap Goodwill
Goodwill
23288000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
18843000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
11788000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
7055000 USD
CY2022Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1087000 USD
CY2022Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1087000 USD
CY2022Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
19930000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
11788000 USD
CY2022Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
8142000 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
CY2022Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
501000 USD
CY2021Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
641000 USD
CY2022Q1 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
104000 USD
CY2021Q1 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
101000 USD
CY2022Q1 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
31000 USD
CY2021Q1 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
267000 USD
CY2021Q1 us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
247000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
1619000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
1973000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1483000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
985000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
745000 USD
CY2022Q1 mktw Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
250000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
7055000 USD
CY2021Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
31347000 USD
CY2022Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
24216000 USD
CY2020Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
597578000 USD
CY2021Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
43880000 USD
CY2021Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
1193396000 USD
CY2022Q1 us-gaap Hosting Arrangement Service Contract Implementation Cost Capitalized Before Accumulated Amortization
HostingArrangementServiceContractImplementationCostCapitalizedBeforeAccumulatedAmortization
540000 USD
CY2021Q1 us-gaap Hosting Arrangement Service Contract Implementation Cost Capitalized Before Accumulated Amortization
HostingArrangementServiceContractImplementationCostCapitalizedBeforeAccumulatedAmortization
37000 USD
CY2022Q1 us-gaap Hosting Arrangement Service Contract Implementation Cost Expense Amortization
HostingArrangementServiceContractImplementationCostExpenseAmortization
2000 USD
CY2021Q1 us-gaap Hosting Arrangement Service Contract Implementation Cost Expense Amortization
HostingArrangementServiceContractImplementationCostExpenseAmortization
0 USD
CY2022Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3675000 USD
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3661000 USD
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2576000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2473000 USD
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1099000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1188000 USD
CY2022Q1 us-gaap Depreciation
Depreciation
103000 USD
CY2021Q1 us-gaap Depreciation
Depreciation
110000 USD
CY2022Q1 mktw Accrued Commission And Bonus Current
AccruedCommissionAndBonusCurrent
16277000 USD
CY2021Q4 mktw Accrued Commission And Bonus Current
AccruedCommissionAndBonusCurrent
22155000 USD
CY2022Q1 mktw Accrued Payroll And Benefits Current
AccruedPayrollAndBenefitsCurrent
3937000 USD
CY2021Q4 mktw Accrued Payroll And Benefits Current
AccruedPayrollAndBenefitsCurrent
5164000 USD
CY2022Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
20823000 USD
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
19134000 USD
CY2022Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
41037000 USD
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
46453000 USD
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2588000 USD
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
601075000 USD
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2588000 USD
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
601075000 USD
CY2022Q1 us-gaap Profit Loss
ProfitLoss
23023000 USD
CY2022Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
17198000 USD
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
5825000 USD
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
5825000 USD
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
23851000 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23851000 shares
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.24
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.24
CY2022Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.0620
CY2022Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
28981000 USD
CY2022Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2022Q1 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
0 USD
CY2022Q1 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
178000 USD
CY2021Q1 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
373000 USD
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
152000 USD
CY2021Q1 us-gaap Interest Paid Net
InterestPaidNet
0 USD
CY2022Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
456000 USD
CY2021Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
443000 USD
CY2022Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
179000 USD
CY2021Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
CY2022Q1 mktw Right Of Use Asset Obtained In Exchange For Operating Lease Liability Acquisitions
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiabilityAcquisitions
0 USD
CY2021Q1 mktw Right Of Use Asset Obtained In Exchange For Operating Lease Liability Acquisitions
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiabilityAcquisitions
398000 USD
CY2022Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
202000 USD
CY2021Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
0 USD
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
125737000 USD
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
184712000 USD
CY2022Q1 us-gaap Restricted Cash
RestrictedCash
500000 USD
CY2021Q1 us-gaap Restricted Cash
RestrictedCash
500000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
126237000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
185212000 USD
CY2022Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2022Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q1 mktw Capital Stock Shares Authorized
CapitalStockSharesAuthorized
1350000000 shares
CY2022Q1 mktw Capital Stock Shares Issued
CapitalStockSharesIssued
313667259 shares
CY2022Q1 mktw Capital Stock Shares Outstanding
CapitalStockSharesOutstanding
313667259 shares
CY2022Q1 mktw Common Stock Voting Rights Number Of Votes
CommonStockVotingRightsNumberOfVotes
1 vote
CY2021Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
35000000 USD
CY2022Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
2143446 shares
CY2022Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
11491000 USD
CY2022Q1 mktw Payments For Repurchase Of Common Stock Fees And Commissions
PaymentsForRepurchaseOfCommonStockFeesAndCommissions
22000 USD

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0001628280-22-013175.txt Edgar Link pending
0001628280-22-013175-xbrl.zip Edgar Link pending
a1q202210-q_exhibit311.htm Edgar Link pending
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