$OLO
Olo Inc.

2021 Q3 Form 10-Q Financial Statement

#000143169521000039 Filed on November 09, 2021

View on sec.gov

Income Statement

Concept 2021 Q3 2020 Q3 2020 Q2
Revenue $37.39M $27.50M $24.31M
YoY Change 35.94%
Cost Of Revenue $8.164M $4.779M $4.261M
YoY Change 70.83%
Gross Profit $29.23M $22.73M $20.04M
YoY Change 28.61%
Gross Profit Margin 78.17% 82.62% 82.47%
Selling, General & Admin $26.00M $7.463M $6.651M
YoY Change 248.36%
% of Gross Profit 88.96% 32.84% 33.18%
Research & Development $14.49M $7.871M $7.627M
YoY Change 84.03%
% of Gross Profit 49.56% 34.64% 38.05%
Depreciation & Amortization $300.0K $200.0K $100.0K
YoY Change 50.0%
% of Gross Profit 1.03% 0.88% 0.5%
Operating Expenses $40.48M $15.33M $14.28M
YoY Change 164.01%
Operating Profit -$11.26M $7.391M $5.766M
YoY Change -252.31%
Interest Expense $0.00 $0.00 $111.0K
YoY Change
% of Operating Profit 0.0% 1.93%
Other Income/Expense, Net -$15.00K -$2.237M -$1.780M
YoY Change -99.33%
Pretax Income -$11.27M $5.154M $3.986M
YoY Change -318.7%
Income Tax $36.00K $47.00K $48.00K
% Of Pretax Income 0.91% 1.2%
Net Earnings -$11.31M $5.107M $3.938M
YoY Change -321.42%
Net Earnings / Revenue -30.24% 18.57% 16.2%
Basic Earnings Per Share -$0.08 $0.00 $0.00
Diluted Earnings Per Share -$0.08 $0.00 $0.00
COMMON SHARES
Basic Shares Outstanding 148.5M shares 20.86M shares 18.72M shares
Diluted Shares Outstanding 148.5M shares 20.86M shares 18.72M shares

Balance Sheet

Concept 2021 Q3 2020 Q3 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $597.7M
YoY Change
Cash & Equivalents $597.7M $60.21M $55.90M
Short-Term Investments
Other Short-Term Assets $7.219M
YoY Change
Inventory
Prepaid Expenses
Receivables $40.39M
Other Receivables $0.00
Total Short-Term Assets $646.0M
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $2.843M
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $368.0K
YoY Change
Total Long-Term Assets $7.938M
YoY Change
TOTAL ASSETS
Total Short-Term Assets $646.0M
Total Long-Term Assets $7.938M
Total Assets $653.9M
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.293M
YoY Change
Accrued Expenses $59.70M
YoY Change
Deferred Revenue $1.372M
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $66.37M
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $0.00
YoY Change
Other Long-Term Liabilities $248.0K
YoY Change
Total Long-Term Liabilities $248.0K
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $66.37M
Total Long-Term Liabilities $248.0K
Total Liabilities $70.85M
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings -$109.5M
YoY Change
Common Stock $151.0K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $583.1M -$50.54M -$58.28M
YoY Change
Total Liabilities & Shareholders Equity $653.9M
YoY Change

Cashflow Statement

Concept 2021 Q3 2020 Q3 2020 Q2
OPERATING ACTIVITIES
Net Income -$11.31M $5.107M $3.938M
YoY Change -321.42%
Depreciation, Depletion And Amortization $300.0K $200.0K $100.0K
YoY Change 50.0%
Cash From Operating Activities $10.74M $3.390M -$4.380M
YoY Change 216.76%
INVESTING ACTIVITIES
Capital Expenditures -$535.0K -$989.0K $320.0K
YoY Change -45.9%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$535.0K -$989.0K -$320.0K
YoY Change -45.9%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 12.30M 46.87M 31.16M
YoY Change -73.75%
NET CHANGE
Cash From Operating Activities 10.74M 3.390M -4.380M
Cash From Investing Activities -535.0K -989.0K -320.0K
Cash From Financing Activities 12.30M 46.87M 31.16M
Net Change In Cash 22.51M 49.27M 26.46M
YoY Change -54.32%
FREE CASH FLOW
Cash From Operating Activities $10.74M $3.390M -$4.380M
Capital Expenditures -$535.0K -$989.0K $320.0K
Free Cash Flow $11.27M $4.379M -$4.700M
YoY Change 157.43%

Facts In Submission

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CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
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CY2021Q1 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
0 shares
CY2021Q1 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
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CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
-1145000 USD
CY2021Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
950000 USD
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
8198000 USD
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-2437000 USD
CY2021Q2 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
0 shares
CY2021Q2 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
0 USD
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
573094000 USD
CY2021Q3 olo Stock Issued During Period Value Charitable Donation
StockIssuedDuringPeriodValueCharitableDonation
7982000 USD
CY2021Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
5373000 USD
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
7927000 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-11308000 USD
CY2021Q3 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
0 shares
CY2021Q3 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
0 USD
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
583068000 USD
CY2019Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
49371876 shares
CY2019Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
61901000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
-61550000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
19000 USD
CY2020Q1 us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
19000 USD
CY2020Q1 olo Adjustments To Additional Paid In Capital Temporary Equity Accretion To Redemption Value
AdjustmentsToAdditionalPaidInCapitalTemporaryEquityAccretionToRedemptionValue
19000 USD
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
949000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-3026000 USD
CY2020Q1 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
49371876 shares
CY2020Q1 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
61920000 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
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CY2020Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
282000 USD
CY2020Q2 olo Temporary Equity Stock Issued During Period Share New Issues
TemporaryEquityStockIssuedDuringPeriodShareNewIssues
9590873 shares
CY2020Q2 us-gaap Temporary Equity Stock Issued During Period Value New Issues
TemporaryEquityStockIssuedDuringPeriodValueNewIssues
49766000 USD
CY2020Q2 us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
16000 USD
CY2020Q2 olo Adjustments To Additional Paid In Capital Temporary Equity Accretion To Redemption Value
AdjustmentsToAdditionalPaidInCapitalTemporaryEquityAccretionToRedemptionValue
16000 USD
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1147000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
3938000 USD
CY2020Q2 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
58962749 shares
CY2020Q2 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
111702000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
-58276000 USD
CY2020Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1246000 USD
CY2020Q3 us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
17000 USD
CY2020Q3 olo Adjustments To Additional Paid In Capital Temporary Equity Accretion To Redemption Value
AdjustmentsToAdditionalPaidInCapitalTemporaryEquityAccretionToRedemptionValue
17000 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1400000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
5107000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-4966000 USD
CY2020Q3 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
58962749 shares
CY2020Q3 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
111719000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
-50540000 USD
us-gaap Net Income Loss
NetIncomeLoss
-40202000 USD
us-gaap Net Income Loss
NetIncomeLoss
6019000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
800000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
440000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
21417000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
3465000 USD
olo Share Based Payment Arrangement Vesting Of Stock Appreciation Rights Noncash Expense
ShareBasedPaymentArrangementVestingOfStockAppreciationRightsNoncashExpense
2847000 USD
olo Share Based Payment Arrangement Vesting Of Stock Appreciation Rights Noncash Expense
ShareBasedPaymentArrangementVestingOfStockAppreciationRightsNoncashExpense
0 USD
us-gaap Noncash Contribution Expense
NoncashContributionExpense
13107000 USD
us-gaap Noncash Contribution Expense
NoncashContributionExpense
0 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
283000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
520000 USD
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
18930000 USD
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
4251000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
30404000 USD
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
898000 USD
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
59000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3256000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
148000 USD
olo Increase Decrease In Capitalized Contract Costs
IncreaseDecreaseInCapitalizedContractCosts
594000 USD
olo Increase Decrease In Capitalized Contract Costs
IncreaseDecreaseInCapitalizedContractCosts
1575000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-3721000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-3461000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
10350000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
24010000 USD
olo Increase Decrease In Deferred Rent Credit
IncreaseDecreaseInDeferredRentCredit
-174000 USD
olo Increase Decrease In Deferred Rent Credit
IncreaseDecreaseInDeferredRentCredit
669000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
2354000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-337000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
26209000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
3390000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1195000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
989000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1195000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-989000 USD
us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
485541000 USD
us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
olo Proceeds Employee Payroll Tax Withholding
ProceedsEmployeePayrollTaxWithholding
25696000 USD
olo Proceeds Employee Payroll Tax Withholding
ProceedsEmployeePayrollTaxWithholding
0 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
18691000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
15000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
18500000 USD
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
392000 USD
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
0 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
135000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
4118000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1105000 USD
us-gaap Interest Paid Net
InterestPaidNet
0 USD
olo Proceeds From Early Exercise Of Stock Options
ProceedsFromEarlyExerciseOfStockOptions
156000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
8287000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1708000 USD
us-gaap Proceeds From Issuance Of Redeemable Convertible Preferred Stock
ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock
0 USD
us-gaap Proceeds From Issuance Of Redeemable Convertible Preferred Stock
ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock
50000000 USD
olo Payments For Issuance Of Redeemable Convertible Preferred Stock
PaymentsForIssuanceOfRedeemableConvertiblePreferredStock
0 USD
olo Payments For Issuance Of Redeemable Convertible Preferred Stock
PaymentsForIssuanceOfRedeemableConvertiblePreferredStock
234000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
496972000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
46869000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
521986000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
49270000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
75756000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10935000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
597742000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
60205000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
69000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 USD
us-gaap Interest Paid Net
InterestPaidNet
157000 USD
olo Proceeds From Early Exercise Of Stock Options
ProceedsFromEarlyExerciseOfStockOptions
0 USD
olo Vesting Of Early Exercised Stock Options
VestingOfEarlyExercisedStockOptions
174000 USD
olo Issuance Costs Incurred But Not Yet Paid
IssuanceCostsIncurredButNotYetPaid
339000 USD
olo Issuance Costs Incurred But Not Yet Paid
IssuanceCostsIncurredButNotYetPaid
710000 USD
olo Vesting Of Early Exercised Stock Options
VestingOfEarlyExercisedStockOptions
0 USD
olo Noncash Adjustments Temporary Equity Accretion To Redemption Value
NoncashAdjustmentsTemporaryEquityAccretionToRedemptionValue
14000 USD
olo Noncash Adjustments Temporary Equity Accretion To Redemption Value
NoncashAdjustmentsTemporaryEquityAccretionToRedemptionValue
52000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
34000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
46000 USD
olo Share Based Compensation Arrangement Non Cash Expense Software Cost Capitalization
ShareBasedCompensationArrangementNonCashExpenseSoftwareCostCapitalization
173000 USD
olo Share Based Compensation Arrangement Non Cash Expense Software Cost Capitalization
ShareBasedCompensationArrangementNonCashExpenseSoftwareCostCapitalization
31000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:12pt;text-indent:45pt"><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-top:12pt;text-indent:45pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. </span></div><div style="margin-top:12pt;text-indent:45pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We regularly assess these estimates, including but not limited to, allowance for doubtful accounts, stock-based compensation including the determination of the fair value of our stock, fair value of warrant liabilities, realization of deferred tax assets, estimated life of our customers, estimated standalone selling price of our performance obligations and estimated consideration for implementation services and transactional revenue in certain arrangements. We base these estimates on historical experience and on various other market-specific and relevant assumptions that we believe to be reasonable under the circumstances. Actual results could differ from these estimates and such differences could be material to the financial position and results of operations.</span></div>
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
Concentrations of Business and Credit RiskWe are exposed to concentrations of credit risk primarily through our cash held by financial institutions. We primarily deposit our cash with two financial institutions and the amount on deposit exceeds federally insured limits. As of September 30, 2021, we had no customers individually representing over 10% of our accounts receivable and as of December 31, 2020, 11% of our accounts receivable were due from one customer. For the three months ended September 30, 2021 and 2020, one customer accounted for 16% and 23% of our revenue, respectively. For the nine months ended September 30, 2021 and 2020, one customer accounted for 19% and 19% of our revenue, respectively.
CY2021Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
36600000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P4Y
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
37390000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
27504000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
109409000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
67877000 USD
CY2021Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
1800000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
900000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
400000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
700000 USD
CY2021Q3 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.41
CY2021Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2020Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
5176000 USD
olo Capitalized Contract Cost Additions
CapitalizedContractCostAdditions
2607000 USD
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
-2013000 USD
CY2021Q3 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
5770000 USD
CY2021Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
5192000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3788000 USD
CY2021Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2349000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1547000 USD
CY2021Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2843000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2241000 USD
CY2021Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
300000 USD
CY2020Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
200000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
800000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
400000 USD
CY2021Q3 olo Prepaid Expense Software License Current
PrepaidExpenseSoftwareLicenseCurrent
1683000 USD
CY2020Q4 olo Prepaid Expense Software License Current
PrepaidExpenseSoftwareLicenseCurrent
855000 USD
CY2021Q3 olo Other Prepaid Expense And Other Assets Current
OtherPrepaidExpenseAndOtherAssetsCurrent
3361000 USD
CY2020Q4 olo Other Prepaid Expense And Other Assets Current
OtherPrepaidExpenseAndOtherAssetsCurrent
806000 USD
CY2021Q3 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
12730000 USD
CY2020Q4 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
5168000 USD
CY2021Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
5044000 USD
CY2020Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1661000 USD
CY2021Q3 olo Accrued Delivery Service Fees Current
AccruedDeliveryServiceFeesCurrent
39421000 USD
CY2020Q4 olo Accrued Delivery Service Fees Current
AccruedDeliveryServiceFeesCurrent
34067000 USD
CY2021Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
5497000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2434000 USD
CY2021Q3 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
2056000 USD
CY2020Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
909000 USD
CY2021Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
59704000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
42578000 USD
CY2021Q1 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
17
CY2021Q1 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
17
CY2021Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2021Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2021Q3 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
63939109 shares
CY2020Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
142693665 shares
CY2020Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
60509120 shares
CY2020Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
58962749 shares
CY2020Q4 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
58962749 shares
CY2020Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
111737000 USD
CY2020Q4 us-gaap Temporary Equity Liquidation Preference
TemporaryEquityLiquidationPreference
111888000 USD
CY2021Q3 olo Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number Exercised Early
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumberExercisedEarly
141270 shares
CY2020Q4 olo Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number Exercised Early
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumberExercisedEarly
204850 shares
CY2021Q3 us-gaap Deferred Compensation Sharebased Arrangements Liability Current And Noncurrent
DeferredCompensationSharebasedArrangementsLiabilityCurrentAndNoncurrent
400000 USD
CY2021Q3 us-gaap Deferred Compensation Share Based Arrangements Liability Current
DeferredCompensationShareBasedArrangementsLiabilityCurrent
200000 USD
CY2021Q3 us-gaap Deferred Compensation Sharebased Arrangements Liability Classified Noncurrent
DeferredCompensationSharebasedArrangementsLiabilityClassifiedNoncurrent
200000 USD
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
20396975 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
46170691 shares
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
20067705 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
1687947 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
39161438 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.93
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y10M20D
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
347574000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
6951470 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
10.28
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
5649135 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
1.52
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
647791 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
6.20
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
39815982 shares
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
39815982 shares
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
3.38
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
97370000 USD
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
3.38
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P5Y11M1D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y11M1D
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
1061145000 USD
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
1061145000 USD
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
27783097 shares
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
1.80
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y7M20D
CY2021Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
784263000 USD
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
4.96
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
10.70
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
3.16
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
11240000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
169450000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
13469000 USD
CY2021Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
10709000 USD
CY2020Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
1633000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
29355000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
10331000 USD
CY2021Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
77600000 USD
CY2020Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
29600000 USD
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7867000 USD
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1378000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
24264000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3465000 USD
CY2020Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
1682847 shares
olo Class Of Warrant Or Right Exercises In Period
ClassOfWarrantOrRightExercisesInPeriod
1682847 shares
CY2021Q3 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
0 shares
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
18900000 USD
CY2020Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
19735000 USD
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
18930000 USD
olo Warrant Or Right Exercised
WarrantOrRightExercised
38665000 USD
CY2021Q3 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
0 USD
CY2020Q3 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
17000 USD
us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
14000 USD
us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
52000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.0027
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.0092
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
28800000 USD
CY2021Q3 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P5Y
olo Lessee Operating Lease Rent Abatement Term
LesseeOperatingLeaseRentAbatementTerm
P11M
olo Lessee Operating Lease Term After Abatement With Consistent Rate
LesseeOperatingLeaseTermAfterAbatementWithConsistentRate
P5Y
CY2021Q3 olo Lessee Operating Lease Rental Payment Percent Increase Decrease
LesseeOperatingLeaseRentalPaymentPercentIncreaseDecrease
0.06
olo Lessee Operating Lease Rate Increase Term After Abatement
LesseeOperatingLeaseRateIncreaseTermAfterAbatement
P5Y
CY2021Q3 olo Lessee Operating Lease Liability Security Deposit
LesseeOperatingLeaseLiabilitySecurityDeposit
1400000 USD
CY2021Q3 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
1300000 USD
CY2021Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
800000 USD
CY2020Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
800000 USD
CY2020Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
100000 USD
CY2021Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
100000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
2500000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
2500000 USD
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
300000 USD
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
300000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
880000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
3533000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
3352000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2780000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2885000 USD
CY2021Q3 olo Lessee Operating Lease Liability Payments Due Thereafter Year Four
LesseeOperatingLeaseLiabilityPaymentsDueThereafterYearFour
13074000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
26504000 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-11308000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
5107000 USD
us-gaap Net Income Loss
NetIncomeLoss
-40202000 USD
us-gaap Net Income Loss
NetIncomeLoss
6019000 USD
CY2021Q3 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
0 USD
CY2020Q3 us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.08
us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.08
CY2021Q3 olo Redeemable Preferred Stock Dividends Net
RedeemablePreferredStockDividendsNet
0 USD
CY2020Q3 olo Redeemable Preferred Stock Dividends Net
RedeemablePreferredStockDividendsNet
5090000 USD
olo Redeemable Preferred Stock Dividends Net
RedeemablePreferredStockDividendsNet
0 USD
olo Redeemable Preferred Stock Dividends Net
RedeemablePreferredStockDividendsNet
5967000 USD
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-11308000 USD
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-11308000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
0 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
0 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-40216000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-40216000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
0 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
0 USD
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
148452987 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
148452987 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20856530 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20856530 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
113451378 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
113451378 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19401927 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19401927 shares
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.08
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.08
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.35
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.35
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0
CY2021Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
40115219 shares
CY2020Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
141604730 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
40115219 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
141604730 shares
CY2021Q3 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
300000 USD
CY2020Q3 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
300000 USD
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
800000 USD
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
700000 USD
CY2021Q3 us-gaap Accounts Receivable Related Parties
AccountsReceivableRelatedParties
300000 USD
CY2020Q4 us-gaap Accounts Receivable Related Parties
AccountsReceivableRelatedParties
400000 USD

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