2021 Form 10-K Financial Statement

#000143169522000009 Filed on February 25, 2022

View on sec.gov

Income Statement

Concept 2021 2020 Q4 2020
Revenue $149.4M $30.55M $98.42M
YoY Change 51.76% 94.16%
Cost Of Revenue $30.83M $5.286M $18.67M
YoY Change 65.15% 19.77%
Gross Profit $118.5M $25.26M $79.76M
YoY Change 48.63% 127.19%
Gross Profit Margin 79.36% 82.7% 81.03%
Selling, General & Admin $87.60M $9.528M $30.75M
YoY Change 184.83% 66.17%
% of Gross Profit 73.9% 37.72% 38.56%
Research & Development $58.92M $10.19M $32.91M
YoY Change 79.04% 51.74%
% of Gross Profit 49.7% 40.34% 41.26%
Depreciation & Amortization $1.615M $233.0K $673.0K
YoY Change 139.97% 84.89%
% of Gross Profit 1.36% 0.92% 0.84%
Operating Expenses $146.5M $19.72M $63.66M
YoY Change 130.15% 58.38%
Operating Profit -$27.98M $5.541M $16.10M
YoY Change -273.82% -416.21%
Interest Expense $0.00 $0.00 $157.0K
YoY Change -100.0% -28.31%
% of Operating Profit 0.0% 0.98%
Other Income/Expense, Net -$18.85M -$8.450M -$12.84M
YoY Change 46.8% 308.75%
Pretax Income -$46.83M -$2.909M $3.252M
YoY Change -1540.01% -139.5%
Income Tax -$4.556M $48.00K $189.0K
% Of Pretax Income 5.81%
Net Earnings -$42.27M -$2.957M $3.063M
YoY Change -1480.12% -137.09%
Net Earnings / Revenue -28.3% -9.68% 3.11%
Basic Earnings Per Share -$0.34 $0.00
Diluted Earnings Per Share -$0.34 -$20.82K $0.00
COMMON SHARES
Basic Shares Outstanding 123.8M shares 20.08M shares
Diluted Shares Outstanding 123.8M shares 20.08M shares

Balance Sheet

Concept 2021 2020 Q4 2020
SHORT-TERM ASSETS
Cash & Short-Term Investments $514.4M $75.80M
YoY Change 578.69% 595.41%
Cash & Equivalents $514.4M $75.76M $75.80M
Short-Term Investments
Other Short-Term Assets $8.285M $806.0K $3.500M
YoY Change 136.71% 25.0%
Inventory
Prepaid Expenses $855.0K
Receivables $42.89M $45.64M $46.00M
Other Receivables $0.00 $0.00
Total Short-Term Assets $565.6M $125.2M $125.2M
YoY Change 351.77% 333.22%
LONG-TERM ASSETS
Property, Plant & Equipment $3.304M $2.241M $2.200M
YoY Change 50.18% 46.67%
Goodwill $0.00
YoY Change
Intangibles $0.00
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.977M $298.0K $6.400M
YoY Change -37.86% 156.0%
Total Long-Term Assets $190.3M $9.180M $9.200M
YoY Change 1968.03% 119.05%
TOTAL ASSETS
Total Short-Term Assets $565.6M $125.2M $125.2M
Total Long-Term Assets $190.3M $9.180M $9.200M
Total Assets $755.9M $134.4M $134.4M
YoY Change 462.41% 306.04%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.184M $9.104M $9.100M
YoY Change -76.0% 46.77%
Accrued Expenses $41.04M $42.58M $40.40M
YoY Change 1.57% 233.88%
Deferred Revenue $585.0K
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $48.77M $72.00M $72.00M
YoY Change -32.27% 168.66%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $5.357M $329.0K $3.200M
YoY Change 67.41% 28.0%
Total Long-Term Liabilities $5.357M $329.0K $3.200M
YoY Change 67.41% -46.67%
TOTAL LIABILITIES
Total Short-Term Liabilities $48.77M $72.00M $72.00M
Total Long-Term Liabilities $5.357M $329.0K $3.200M
Total Liabilities $54.13M $75.17M $75.20M
YoY Change -28.02% 129.27%
SHAREHOLDERS EQUITY
Retained Earnings -$69.30M
YoY Change
Common Stock $22.00K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $701.8M -$52.48M $59.30M
YoY Change
Total Liabilities & Shareholders Equity $755.9M $134.4M $134.4M
YoY Change 462.41% 306.04%

Cashflow Statement

Concept 2021 2020 Q4 2020
OPERATING ACTIVITIES
Net Income -$42.27M -$2.957M $3.063M
YoY Change -1480.12% -137.09%
Depreciation, Depletion And Amortization $1.615M $233.0K $673.0K
YoY Change 139.97% 84.89%
Cash From Operating Activities $16.25M $17.38M $20.77M
YoY Change -21.74% 757.47%
INVESTING ACTIVITIES
Capital Expenditures $1.845M -$284.0K $1.273M
YoY Change 44.93% -5.84%
Acquisitions $75.23M $0.00
YoY Change
Other Investing Activities -$75.23M
YoY Change
Cash From Investing Activities -$77.07M -$284.0K -$1.273M
YoY Change 5954.36% -5.84%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $499.5M -1.543M $45.33M
YoY Change 1002.03% 20044.89%
NET CHANGE
Cash From Operating Activities $16.25M 17.38M $20.77M
Cash From Investing Activities -$77.07M -284.0K -$1.273M
Cash From Financing Activities $499.5M -1.543M $45.33M
Net Change In Cash $438.7M 15.55M $64.82M
YoY Change 576.77% 4905.48%
FREE CASH FLOW
Cash From Operating Activities $16.25M $17.38M $20.77M
Capital Expenditures $1.845M -$284.0K $1.273M
Free Cash Flow $14.41M $17.66M $19.50M
YoY Change -26.09% 1721.96%

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5418000 USD
CY2020 us-gaap Net Income Loss
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CY2021 olo Adjustments To Additional Paid In Capital Stock Issued Issuance Costs Reversal
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1145000 USD
CY2021 us-gaap Temporary Equity Accretion To Redemption Value
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14000 USD
CY2021 olo Adjustments To Additional Paid In Capital Temporary Equity Accretion To Redemption Value
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CY2021 olo Temporary Equity Issued During Period Shares Warrants Exercised
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CY2021 olo Temporary Equity Issued During Period Value Warrants Exercised
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2000 USD
CY2021 olo Stock Issued During Period Value Warrants Exercised
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CY2021 olo Temporary Equity Shares Conversion Of Convertible Securities
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CY2021 olo Temporary Equity Value Conversion Of Convertible Securities
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CY2021 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
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CY2021 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2021 olo Stock Issued During Period Value Charitable Donation
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CY2021 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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CY2021 olo Business Combination Substituted Stock Issued During Period Value
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CY2021 us-gaap Stock Issued During Period Value Stock Options Exercised
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CY2021Q4 us-gaap Temporary Equity Shares Outstanding
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CY2021Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
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CY2021Q4 us-gaap Stockholders Equity
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CY2021 us-gaap Depreciation Depletion And Amortization
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CY2020 us-gaap Depreciation Depletion And Amortization
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CY2019 us-gaap Depreciation Depletion And Amortization
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CY2021 us-gaap Share Based Compensation
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CY2019 us-gaap Share Based Compensation
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CY2021 olo Share Based Payment Arrangement Vesting Of Stock Appreciation Rights Noncash Expense
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CY2020 olo Share Based Payment Arrangement Vesting Of Stock Appreciation Rights Noncash Expense
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CY2019 olo Share Based Payment Arrangement Vesting Of Stock Appreciation Rights Noncash Expense
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CY2021 us-gaap Noncash Contribution Expense
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CY2021 us-gaap Provision For Doubtful Accounts
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CY2020 us-gaap Provision For Doubtful Accounts
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CY2021 us-gaap Fair Value Adjustment Of Warrants
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CY2020 us-gaap Fair Value Adjustment Of Warrants
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CY2019 us-gaap Fair Value Adjustment Of Warrants
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CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2020 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2019 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2021 us-gaap Deferred Income Taxes And Tax Credits
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CY2021 us-gaap Increase Decrease In Accounts Receivable
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CY2021 us-gaap Increase Decrease In Contract With Customer Asset
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CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2021 olo Increase Decrease In Capitalized Contract Costs
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CY2020 olo Increase Decrease In Capitalized Contract Costs
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2023000 USD
CY2019 olo Increase Decrease In Capitalized Contract Costs
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CY2021 us-gaap Increase Decrease In Accounts Payable
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CY2020 us-gaap Increase Decrease In Accounts Payable
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CY2019 us-gaap Increase Decrease In Accounts Payable
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3439000 USD
CY2021 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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CY2020 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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CY2021 us-gaap Proceeds From Lines Of Credit
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CY2019 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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5572000 USD
CY2021 olo Increase Decrease In Deferred Rent Credit
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CY2020 olo Increase Decrease In Deferred Rent Credit
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CY2019 olo Increase Decrease In Deferred Rent Credit
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CY2021 us-gaap Increase Decrease In Contract With Customer Liability
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CY2020 us-gaap Increase Decrease In Contract With Customer Liability
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CY2019 us-gaap Increase Decrease In Contract With Customer Liability
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CY2021 us-gaap Increase Decrease In Other Noncurrent Liabilities
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0 USD
CY2019 us-gaap Increase Decrease In Other Noncurrent Liabilities
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CY2021 us-gaap Net Cash Provided By Used In Operating Activities
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20768000 USD
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2422000 USD
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CY2020 us-gaap Proceeds From Lines Of Credit
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CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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CY2021 us-gaap Proceeds From Issuance Initial Public Offering
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CY2020 us-gaap Proceeds From Issuance Initial Public Offering
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0 USD
CY2019 us-gaap Proceeds From Issuance Initial Public Offering
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0 USD
CY2021 olo Proceeds Employee Payroll Tax Withholding
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46956000 USD
CY2020 olo Proceeds Employee Payroll Tax Withholding
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0 USD
CY2019 olo Proceeds Employee Payroll Tax Withholding
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CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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46956000 USD
CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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0 USD
CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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0 USD
CY2021 us-gaap Repayments Of Lines Of Credit
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0 USD
CY2020 us-gaap Repayments Of Lines Of Credit
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18500000 USD
CY2019 us-gaap Repayments Of Lines Of Credit
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0 USD
CY2021 us-gaap Proceeds From Warrant Exercises
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392000 USD
CY2020 us-gaap Proceeds From Warrant Exercises
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0 USD
CY2019 us-gaap Proceeds From Warrant Exercises
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58000 USD
CY2021 us-gaap Payments Of Debt Issuance Costs
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CY2020 us-gaap Payments Of Debt Issuance Costs
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CY2019 us-gaap Payments Of Debt Issuance Costs
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CY2021 us-gaap Payments Of Stock Issuance Costs
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CY2020 us-gaap Payments Of Stock Issuance Costs
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2154000 USD
CY2019 us-gaap Payments Of Stock Issuance Costs
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143000 USD
CY2021 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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CY2020 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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2601000 USD
CY2019 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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310000 USD
CY2021 us-gaap Proceeds From Issuance Of Redeemable Convertible Preferred Stock
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0 USD
CY2020 us-gaap Proceeds From Issuance Of Redeemable Convertible Preferred Stock
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50000000 USD
CY2019 us-gaap Proceeds From Issuance Of Redeemable Convertible Preferred Stock
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0 USD
CY2021 olo Payments Of Issuance Costs Redeemable Convertible Preferred Stock
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0 USD
CY2020 olo Payments Of Issuance Costs Redeemable Convertible Preferred Stock
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234000 USD
CY2019 olo Payments Of Issuance Costs Redeemable Convertible Preferred Stock
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0 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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499508000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
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45326000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
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225000 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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438689000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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64821000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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1295000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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75756000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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10935000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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9640000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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514445000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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75756000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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10935000 USD
CY2021 us-gaap Income Taxes Paid Net
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393000 USD
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
42000 USD
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
21000 USD
CY2021 us-gaap Interest Paid Net
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0 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
157000 USD
CY2019 us-gaap Interest Paid Net
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214000 USD
CY2021 olo Proceeds From Early Exercise Of Stock Options
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0 USD
CY2020 olo Proceeds From Early Exercise Of Stock Options
ProceedsFromEarlyExerciseOfStockOptions
561000 USD
CY2019 olo Proceeds From Early Exercise Of Stock Options
ProceedsFromEarlyExerciseOfStockOptions
0 USD
CY2021 us-gaap Stock Issued1
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CY2020 us-gaap Stock Issued1
StockIssued1
0 USD
CY2019 us-gaap Stock Issued1
StockIssued1
0 USD
CY2021 olo Noncash Or Part Noncash Acquisition Value Of Substituted Stock Options
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5943000 USD
CY2020 olo Noncash Or Part Noncash Acquisition Value Of Substituted Stock Options
NoncashOrPartNoncashAcquisitionValueOfSubstitutedStockOptions
0 USD
CY2019 olo Noncash Or Part Noncash Acquisition Value Of Substituted Stock Options
NoncashOrPartNoncashAcquisitionValueOfSubstitutedStockOptions
0 USD
CY2021 olo Exercise Of Warrants Classified As Liabilities
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0 USD
CY2020 olo Exercise Of Warrants Classified As Liabilities
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0 USD
CY2019 olo Exercise Of Warrants Classified As Liabilities
ExerciseOfWarrantsClassifiedAsLiabilities
154000 USD
CY2021 olo Issuance Costs Incurred But Not Yet Paid
IssuanceCostsIncurredButNotYetPaid
345000 USD
CY2020 olo Issuance Costs Incurred But Not Yet Paid
IssuanceCostsIncurredButNotYetPaid
348000 USD
CY2019 olo Issuance Costs Incurred But Not Yet Paid
IssuanceCostsIncurredButNotYetPaid
147000 USD
CY2021 olo Vesting Of Early Exercised Stock Options
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232000 USD
CY2020 olo Vesting Of Early Exercised Stock Options
VestingOfEarlyExercisedStockOptions
368000 USD
CY2019 olo Vesting Of Early Exercised Stock Options
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0 USD
CY2021 olo Noncash Adjustments Temporary Equity Accretion To Redemption Value
NoncashAdjustmentsTemporaryEquityAccretionToRedemptionValue
14000 USD
CY2020 olo Noncash Adjustments Temporary Equity Accretion To Redemption Value
NoncashAdjustmentsTemporaryEquityAccretionToRedemptionValue
70000 USD
CY2019 olo Noncash Adjustments Temporary Equity Accretion To Redemption Value
NoncashAdjustmentsTemporaryEquityAccretionToRedemptionValue
136000 USD
CY2021 olo Noncash Investing And Financing Options Exercised Cash Not Yet Received
NoncashInvestingAndFinancingOptionsExercisedCashNotYetReceived
0 USD
CY2020 olo Noncash Investing And Financing Options Exercised Cash Not Yet Received
NoncashInvestingAndFinancingOptionsExercisedCashNotYetReceived
23000 USD
CY2019 olo Noncash Investing And Financing Options Exercised Cash Not Yet Received
NoncashInvestingAndFinancingOptionsExercisedCashNotYetReceived
132000 USD
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
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30000 USD
CY2021 us-gaap Number Of Operating Segments
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1 segment
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
72000 USD
CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
100000 USD
CY2021 olo Share Based Compensation Arrangement Non Cash Expense Software Cost Capitalization
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288000 USD
CY2020 olo Share Based Compensation Arrangement Non Cash Expense Software Cost Capitalization
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38000 USD
CY2019 olo Share Based Compensation Arrangement Non Cash Expense Software Cost Capitalization
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17000 USD
CY2021 us-gaap Use Of Estimates
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<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 consolidated 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 consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. </span></div>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 long lived assets, purchase price allocations for business combinations, valuation of the acquired intangibles purchased in a business combination, valuation of goodwill, 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.
CY2021 us-gaap Number Of Operating Segments
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1 segment
CY2021 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 December 31, 2021, no customer had a balance over 10% of our accounts receivable. As of December 31, 2020, 11% of our accounts receivable were due from one customer. For the years ended December 31, 2021, 2020, and 2019, one customer accounted for 18%, 21%, and 11% of our revenue, respectively.
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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631000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
160000 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
60000 USD
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
364000 USD
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
614000 USD
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
164000 USD
CY2021 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
338000 USD
CY2020 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
143000 USD
CY2019 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
64000 USD
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
657000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
631000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
160000 USD
CY2020Q4 olo Deferred Offering Costs Noncurrent
DeferredOfferingCostsNoncurrent
2800000 USD
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
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0 USD
CY2020 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2019 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2021Q4 us-gaap Capitalized Computer Software Gross
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3400000 USD
CY2020Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
1700000 USD
CY2021 us-gaap Advertising Expense
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1300000 USD
CY2020 us-gaap Advertising Expense
AdvertisingExpense
600000 USD
CY2019 us-gaap Advertising Expense
AdvertisingExpense
400000 USD
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
149368000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
98424000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
50691000 USD
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
1000000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net
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900000 USD
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
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500000 USD
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
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800000 USD
CY2021Q4 us-gaap Revenue Remaining Performance Obligation
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40000000 USD
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0.42
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P12M
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2999000 USD
CY2021 olo Capitalized Contract Cost Additions
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3790000 USD
CY2020Q4 us-gaap Capitalized Contract Cost Net
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5176000 USD
CY2019Q4 us-gaap Capitalized Contract Cost Net
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3153000 USD
CY2020 olo Capitalized Contract Cost Additions
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3750000 USD
CY2021 us-gaap Capitalized Contract Cost Amortization
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2783000 USD
CY2020 us-gaap Capitalized Contract Cost Amortization
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1727000 USD
CY2021Q4 us-gaap Capitalized Contract Cost Net
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6183000 USD
CY2020Q4 us-gaap Capitalized Contract Cost Net
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5176000 USD
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5952000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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3013000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2995000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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2901000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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2901000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
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4826000 USD
CY2021Q4 olo Prepaid Expense Software License Current
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1888000 USD
CY2020Q4 olo Prepaid Expense Software License Current
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855000 USD
CY2021Q4 olo Other Prepaid Expense And Other Assets Current
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3830000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
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3788000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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2648000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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1547000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
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3304000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
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2241000 USD
CY2021 us-gaap Depreciation
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1100000 USD
CY2020 us-gaap Depreciation
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700000 USD
CY2019 us-gaap Depreciation
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400000 USD
CY2019 us-gaap Gain Loss On Sale Of Property Plant Equipment
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-100000 USD
CY2021Q4 olo Indemnification Asset Current
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1000000 USD
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19635000 USD
CY2020Q4 us-gaap Goodwill
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0 USD
CY2021 us-gaap Goodwill Acquired During Period
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162956000 USD
CY2021Q4 us-gaap Goodwill
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162956000 USD
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20152000 USD
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517000 USD
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19635000 USD
CY2021 us-gaap Amortization Of Intangible Assets
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500000 USD
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806000 USD
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
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5718000 USD
CY2020Q4 us-gaap Prepaid Expense And Other Assets Current
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1661000 USD
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35441000 USD
CY2020Q4 olo Accrued Delivery Service Fees Current
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34067000 USD
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3789000 USD
CY2020Q4 us-gaap Accrued Employee Benefits Current
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5168000 USD
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4359000 USD
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2434000 USD
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1806000 USD
CY2020Q4 us-gaap Accrued Professional Fees Current
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909000 USD
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45395000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
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42578000 USD
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17
CY2021Q1 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
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17
CY2021Q1 us-gaap Preferred Stock Shares Authorized
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20000000 shares
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CY2021Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
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CY2020Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
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CY2020Q4 us-gaap Temporary Equity Shares Authorized
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60509120 shares
CY2020Q4 us-gaap Temporary Equity Shares Outstanding
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CY2020Q4 us-gaap Temporary Equity Shares Issued
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CY2020Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
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CY2021Q4 olo Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number Exercised Early
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120088 shares
CY2020Q4 olo Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number Exercised Early
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumberExercisedEarly
204850 shares
CY2021Q4 us-gaap Deferred Compensation Sharebased Arrangements Liability Current And Noncurrent
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300000 USD
CY2021Q4 us-gaap Deferred Compensation Share Based Arrangements Liability Current
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200000 USD
CY2021Q4 us-gaap Deferred Compensation Sharebased Arrangements Liability Classified Noncurrent
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CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
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20615612 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
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CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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1.07
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P6Y1M28D
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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53676000 USD
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CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
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P5Y10M20D
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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CY2019 us-gaap Stock Issued During Period Shares Stock Options Exercised
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CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
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1.04
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1.31
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
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P5Y9M21D
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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96377000 USD
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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4.13
CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
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CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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0.51
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
776645 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
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2.75
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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347574000 USD
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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7314046 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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10.35
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
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CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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1.71
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CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
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6.55
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
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36716816 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
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3.55
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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3.55
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y9M3D
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P5Y9M3D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
633730000 USD
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
633730000 USD
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
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26185527 shares
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1.98
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y7M2D
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
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493115000 USD
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10.17
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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3.82
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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1.59
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246238000 USD
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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17814000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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6120000 USD
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43769000 USD
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
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12684000 USD
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
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3310000 USD
CY2021Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
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69000000 USD
CY2021 us-gaap Allocated Share Based Compensation Expense
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32727000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
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5380000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
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4826000 USD
CY2020Q4 us-gaap Class Of Warrant Or Right Outstanding
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CY2021 olo Class Of Warrant Or Right Exercises In Period
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1682847 shares
CY2021Q4 us-gaap Class Of Warrant Or Right Outstanding
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0 shares
CY2021 us-gaap Current Federal Tax Expense Benefit
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CY2020 us-gaap Current Federal Tax Expense Benefit
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0 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
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340000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
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189000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
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26000 USD
CY2021 us-gaap Current Income Tax Expense Benefit
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340000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
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189000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
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26000 USD
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
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0 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
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0 USD
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-840000 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
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0 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-4896000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
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0 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
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0 USD
CY2021 us-gaap Income Tax Expense Benefit
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CY2020 us-gaap Income Tax Expense Benefit
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189000 USD
CY2019 us-gaap Income Tax Expense Benefit
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26000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.2100
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.2100
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.2100
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-0.0853
CY2020 olo Effective Income Tax Rate Reconciliation Change In Fair Value Of Warrant Percent
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0.8210
CY2019 olo Effective Income Tax Rate Reconciliation Change In Fair Value Of Warrant Percent
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0
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.0863
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.0632
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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-0.0018
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0.1051
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0
CY2019 olo Effective Income Tax Rate Reconciliation Acquisition Related Deferred Tax Liability Percent
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0
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-0.9005
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CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.0935
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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0.8684
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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0.0450
CY2019 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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-0.0365
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-0.1681
CY2020 olo Effective Income Tax Rate Reconciliation Nondeductible Expense Executive Compensation Percent
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0
CY2019 olo Effective Income Tax Rate Reconciliation Nondeductible Expense Executive Compensation Percent
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0
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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-0.0186
CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2020Q4 us-gaap Deferred Tax Assets Other
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174000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2021 us-gaap Effective Income Tax Rate Continuing Operations
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0.0973
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0.0583
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CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
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672000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
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1244000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
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520000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
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