2022 Q4 Form 10-K Financial Statement

#000143169523000011 Filed on February 24, 2023

View on sec.gov

Income Statement

Concept 2022 Q4 2022 2021
Revenue $49.78M $185.4M $149.4M
YoY Change 24.58% 24.13% 51.76%
Cost Of Revenue $15.28M $57.51M $30.83M
YoY Change 80.71% 86.54% 65.15%
Gross Profit $34.51M $127.9M $118.5M
YoY Change 9.52% 7.89% 48.63%
Gross Profit Margin 69.32% 68.98% 79.36%
Selling, General & Admin $25.51M $106.6M $87.60M
YoY Change 14.43% 21.73% 184.83%
% of Gross Profit 73.94% 83.37% 73.9%
Research & Development $19.77M $72.93M $58.92M
YoY Change 23.2% 23.78% 79.04%
% of Gross Profit 57.29% 57.02% 49.7%
Depreciation & Amortization $1.735M $6.020M $1.615M
YoY Change 112.88% 272.76% 139.97%
% of Gross Profit 5.03% 4.71% 1.36%
Operating Expenses $45.28M $179.6M $146.5M
YoY Change 18.1% 22.55% 130.15%
Operating Profit -$10.78M -$51.66M -$27.98M
YoY Change 57.61% 84.67% -273.82%
Interest Expense $2.413M $185.0K $0.00
YoY Change -100.0%
% of Operating Profit
Other Income/Expense, Net $1.000K $4.414M -$18.85M
YoY Change -99.0% -123.41% 46.8%
Pretax Income -$8.498M -$47.25M -$46.83M
YoY Change 26.14% 0.9% -1540.01%
Income Tax -$272.0K -$1.282M -$4.556M
% Of Pretax Income
Net Earnings -$8.226M -$45.97M -$42.27M
YoY Change 297.2% 8.74% -1480.12%
Net Earnings / Revenue -16.52% -24.79% -28.3%
Basic Earnings Per Share -$0.28 -$0.34
Diluted Earnings Per Share -$0.05 -$0.28 -$0.34
COMMON SHARES
Basic Shares Outstanding 161.3M shares 123.8M shares
Diluted Shares Outstanding 161.3M shares 123.8M shares

Balance Sheet

Concept 2022 Q4 2022 2021
SHORT-TERM ASSETS
Cash & Short-Term Investments $448.8M $448.8M $514.4M
YoY Change -12.77% -12.77% 578.69%
Cash & Equivalents $350.1M $350.1M $514.4M
Short-Term Investments $98.70M $98.70M
Other Short-Term Assets $4.773M $14.54M $8.285M
YoY Change 88.51% 75.47% 136.71%
Inventory
Prepaid Expenses $3.197M
Receivables $48.13M $48.46M $42.89M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $511.8M $511.8M $565.6M
YoY Change -9.52% -9.52% 351.77%
LONG-TERM ASSETS
Property, Plant & Equipment $11.70M $27.28M $3.304M
YoY Change 254.12% 725.7% 50.18%
Goodwill $207.8M
YoY Change 27.51%
Intangibles $21.70M
YoY Change 10.51%
Long-Term Investments $2.430M $2.430M
YoY Change
Other Assets $186.0K $4.357M $3.977M
YoY Change -48.48% 9.55% -37.86%
Total Long-Term Assets $263.8M $263.8M $190.3M
YoY Change 38.65% 38.65% 1968.03%
TOTAL ASSETS
Total Short-Term Assets $511.8M $511.8M $565.6M
Total Long-Term Assets $263.8M $263.8M $190.3M
Total Assets $775.6M $775.6M $755.9M
YoY Change 2.6% 2.6% 462.41%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.259M $2.259M $2.184M
YoY Change 3.43% 3.43% -76.0%
Accrued Expenses $52.41M $52.99M $41.04M
YoY Change 15.46% 29.13% 1.57%
Deferred Revenue $2.527M
YoY Change 112.35%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $60.42M $60.42M $48.77M
YoY Change 23.88% 23.88% -32.27%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $41.00K $17.53M $5.357M
YoY Change -98.25% 227.22% 67.41%
Total Long-Term Liabilities $41.00K $17.53M $5.357M
YoY Change -98.25% 227.22% 67.41%
TOTAL LIABILITIES
Total Short-Term Liabilities $60.42M $60.42M $48.77M
Total Long-Term Liabilities $41.00K $17.53M $5.357M
Total Liabilities $77.95M $77.95M $54.13M
YoY Change 44.01% 44.01% -28.02%
SHAREHOLDERS EQUITY
Retained Earnings -$157.5M
YoY Change 41.2%
Common Stock $162.0K
YoY Change 2.53%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $697.6M $697.6M $701.8M
YoY Change
Total Liabilities & Shareholders Equity $775.6M $775.6M $755.9M
YoY Change 2.6% 2.6% 462.41%

Cashflow Statement

Concept 2022 Q4 2022 2021
OPERATING ACTIVITIES
Net Income -$8.226M -$45.97M -$42.27M
YoY Change 297.2% 8.74% -1480.12%
Depreciation, Depletion And Amortization $1.735M $6.020M $1.615M
YoY Change 112.88% 272.76% 139.97%
Cash From Operating Activities -$54.00K $2.344M $16.25M
YoY Change -99.46% -85.58% -21.74%
INVESTING ACTIVITIES
Capital Expenditures $1.546M $517.0K $1.845M
YoY Change -337.85% -71.98% 44.93%
Acquisitions $49.24M $75.23M
YoY Change -34.54%
Other Investing Activities $2.373M -$149.5M -$75.23M
YoY Change -103.15% 98.71%
Cash From Investing Activities $827.0K -$158.5M -$77.07M
YoY Change -101.09% 105.63% 5954.36%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $20.05M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -17.10M -$8.233M $499.5M
YoY Change -774.25% -101.65% 1002.03%
NET CHANGE
Cash From Operating Activities -54.00K $2.344M $16.25M
Cash From Investing Activities 827.0K -$158.5M -$77.07M
Cash From Financing Activities -17.10M -$8.233M $499.5M
Net Change In Cash -16.33M -$164.4M $438.7M
YoY Change -80.4% -137.47% 576.77%
FREE CASH FLOW
Cash From Operating Activities -$54.00K $2.344M $16.25M
Capital Expenditures $1.546M $517.0K $1.845M
Free Cash Flow -$1.600M $1.827M $14.41M
YoY Change -82.81% -87.32% -26.09%

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CY2020 us-gaap Temporary Equity Stock Issued During Period Value New Issues
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CY2020 us-gaap Temporary Equity Accretion To Redemption Value
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CY2020 olo Adjustments To Additional Paid In Capital Temporary Equity Accretion To Redemption Value
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CY2021 olo Adjustments To Additional Paid In Capital Stock Issued Issuance Costs Reversal
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CY2021 olo Temporary Equity Issued During Period Value Warrants Exercised
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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 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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CY2021 us-gaap Stock Issued During Period Value Acquisitions
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CY2022 us-gaap Provision For Doubtful Accounts
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CY2021 us-gaap Provision For Doubtful Accounts
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CY2022 us-gaap Fair Value Adjustment Of Warrants
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CY2022 us-gaap Increase Decrease In Accounts Receivable
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CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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2837000 usd
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2022 olo Increase Decrease In Capitalized Contract Costs
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CY2022 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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CY2020 us-gaap Increase Decrease In Other Noncurrent Liabilities
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CY2022 us-gaap Payments To Acquire Available For Sale Securities Debt
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CY2022 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
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CY2022 us-gaap Net Cash Provided By Used In Investing Activities
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CY2022 olo Proceeds Employee Payroll Tax Withholding
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CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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CY2022 olo Surrender Of Common Stock For Withholding Tax Purposes
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CY2022 us-gaap Proceeds From Lines Of Credit
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CY2020 us-gaap Proceeds From Lines Of Credit
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CY2020 us-gaap Repayments Of Lines Of Credit
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CY2022 us-gaap Proceeds From Warrant Exercises
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CY2021 us-gaap Proceeds From Warrant Exercises
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CY2022 us-gaap Payments For Repurchase Of Common Stock
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CY2022 us-gaap Proceeds From Issuance Of Redeemable Convertible Preferred Stock
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CY2022 us-gaap Income Taxes Paid Net
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CY2022 us-gaap Interest Paid Net
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CY2020 us-gaap Interest Paid Net
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CY2022 olo Proceeds From Early Exercise Of Stock Options
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CY2022 olo Share Based Compensation Arrangement Non Cash Expense Software Cost Capitalization
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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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CY2022 olo Vesting Of Early Exercised Stock Options
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CY2021 olo Vesting Of Early Exercised Stock Options
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CY2020 olo Vesting Of Early Exercised Stock Options
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CY2022 olo Noncash Investing And Financing Options Exercised Cash Not Yet Received
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CY2021 olo Noncash Investing And Financing Options Exercised Cash Not Yet Received
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CY2020 olo Noncash Investing And Financing Options Exercised Cash Not Yet Received
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23000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
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CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
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CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
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CY2022 us-gaap Stock Issued1
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CY2021 us-gaap Stock Issued1
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CY2020 us-gaap Stock Issued1
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CY2022 olo Noncash Or Part Noncash Acquisition Value Of Substituted Stock Options
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CY2021 olo Noncash Or Part Noncash Acquisition Value Of Substituted Stock Options
NoncashOrPartNoncashAcquisitionValueOfSubstitutedStockOptions
5943000 usd
CY2020 olo Noncash Or Part Noncash Acquisition Value Of Substituted Stock Options
NoncashOrPartNoncashAcquisitionValueOfSubstitutedStockOptions
0 usd
CY2022 olo Issuance Costs Incurred But Not Yet Paid
IssuanceCostsIncurredButNotYetPaid
0 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
CY2022 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
0 usd
CY2021 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
14000 usd
CY2020 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
70000 usd
CY2022 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<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%">Reclassifications</span></div><div style="margin-top:12pt;text-align:justify;text-indent:45pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain prior year amounts have been reclassified to conform with current year presentations as follows:. </span></div><div style="margin-top:12pt;padding-left:72pt;text-align:justify;text-indent:-9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:5.5pt">Deferred rent was previously presented as a separate line item on the consolidated balance sheet and statements of cash flows as of December 31, 2021, but was reclassified to be presented within other liabilities, noncurrent, as a result of our adoption of Accounting Standards Codification (“ASC”) 842. </span></div><div style="margin-top:12pt;padding-left:72pt;text-align:justify;text-indent:-9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:5.5pt">Stock-based compensation in connection with vesting of stock appreciation rights was previously presented as a separate line item on the statement of cash flows as of December 31, 2021, but was reclassified to be presented within stock-based compensation. </span></div>These reclassifications had no impact on the consolidated statements of operations for the year ended December 31, 2021.
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<div style="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-align:justify;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, stock-based compensation including the determination of the fair value of our stock-based awards, 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 our financial position and results of operations.
CY2022 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2022 us-gaap Number Of Reporting Units
NumberOfReportingUnits
1 reportingunit
CY2022 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
Concentrations of Business and Credit RiskWe are exposed to concentrations of credit risk primarily through our cash, cash equivalents, and short- and long-term investments held by financial institutions. We primarily deposit our cash with two financial institutions and the amount on deposit exceeds federally insured limits. We reduce our credit risk by placing our cash and investments with major financial institutions with high credit ratings. For the years ended December 31, 2022, 2021, and 2020, one customer accounted for 12%, 18%, and 21% of our revenue, respectively.
CY2022 olo Number Of Finanicial Institutions
NumberOfFinanicialInstitutions
2 financial_institution
CY2022Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
600000 usd
CY2021Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
4100000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
657000 usd
CY2021 us-gaap Advertising Expense
AdvertisingExpense
1300000 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
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
283000 usd
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
364000 usd
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
614000 usd
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
328000 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
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
612000 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
CY2022Q4 us-gaap Capitalized Contract Cost Amortization Period
CapitalizedContractCostAmortizationPeriod
P3Y
CY2022 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
100000 usd
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
CY2020 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
CY2020 us-gaap Advertising Expense
AdvertisingExpense
600000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
900000 usd
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
20600000 usd
CY2022Q1 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
2400000 usd
CY2022Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2500000 usd
CY2022Q1 olo Operating Lease Liability Noncurrent Net
OperatingLeaseLiabilityNoncurrentNet
18100000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
185404000 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
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
600000 usd
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
1000000 usd
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1600000 usd
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
500000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
39100000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.47
CY2022Q4 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2021Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
6183000 usd
CY2020Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
5176000 usd
CY2022 olo Capitalized Contract Cost Additions
CapitalizedContractCostAdditions
4485000 usd
CY2021 olo Capitalized Contract Cost Additions
CapitalizedContractCostAdditions
3790000 usd
CY2022 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
3646000 usd
CY2021 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
2783000 usd
CY2022Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
7022000 usd
CY2021Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
6183000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
451455000 usd
CY2022 us-gaap Debt Securities Unrealized Gain Loss
DebtSecuritiesUnrealizedGainLoss
-253000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
451202000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
350073000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
98699000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Securities Noncurrent
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
2430000 usd
CY2021Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
514445000 usd
CY2021 us-gaap Debt Securities Unrealized Gain Loss
DebtSecuritiesUnrealizedGainLoss
0 usd
CY2021Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
514445000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
514445000 usd
CY2021Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
0 usd
CY2021Q4 us-gaap Available For Sale Securities Debt Securities Noncurrent
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
0 usd
CY2022 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
2300000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
16028000 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
5952000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4328000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2648000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
11700000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3304000 usd
CY2022 us-gaap Depreciation
Depreciation
2200000 usd
CY2021 us-gaap Depreciation
Depreciation
1100000 usd
CY2020 us-gaap Depreciation
Depreciation
700000 usd
CY2022 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
100000 usd
CY2022Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
13700000 usd
CY2021Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
3400000 usd
CY2021Q4 olo Indemnification Asset Current
IndemnificationAssetCurrent
1000000 usd
CY2020Q4 us-gaap Goodwill
Goodwill
0 usd
CY2021 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
162956000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
162956000 usd
CY2022 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-94000 usd
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
44919000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
207781000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
26002000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4304000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
21698000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
20152000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
517000 usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
19635000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3800000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
500000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
3959000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
3941000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
3806000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
3798000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
3515000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
2679000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
21698000 usd
CY2022 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 usd
CY2021 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
3197000 usd
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
1888000 usd
CY2022Q4 us-gaap Prepaid Insurance
PrepaidInsurance
3717000 usd
CY2021Q4 us-gaap Prepaid Insurance
PrepaidInsurance
1298000 usd
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
4773000 usd
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
2532000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
11687000 usd
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
5718000 usd
CY2022Q4 olo Accrued Delivery Service Fees Current
AccruedDeliveryServiceFeesCurrent
40846000 usd
CY2021Q4 olo Accrued Delivery Service Fees Current
AccruedDeliveryServiceFeesCurrent
35441000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
6986000 usd
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
4189000 usd
CY2022Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
1262000 usd
CY2021Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
1806000 usd
CY2022Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
674000 usd
CY2021Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
1538000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2643000 usd
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2421000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
52411000 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
45395000 usd
CY2022Q3 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
2200000 usd
CY2022Q3 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
100000 usd
CY2022Q3 us-gaap Professional Fees
ProfessionalFees
900000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
3459000 usd
CY2022 olo Operating Lease Income Comprehensive Income Extensible List Not Disclosed Flag
OperatingLeaseIncomeComprehensiveIncomeExtensibleListNotDisclosedFlag
Other lease income
CY2022 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
549000 usd
CY2022 us-gaap Lease Cost
LeaseCost
2910000 usd
CY2021 us-gaap Operating Lease Expense
OperatingLeaseExpense
3300000 usd
CY2020 us-gaap Operating Lease Expense
OperatingLeaseExpense
3300000 usd
CY2021 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
300000 usd
CY2020 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
300000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
3600000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
4259000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
3710000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
3106000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2960000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
2960000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
7154000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
24149000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
4102000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
20047000 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y8M26D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0559
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
3559000 usd
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
3352000 usd
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
2780000 usd
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
2885000 usd
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
2960000 usd
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
10113000 usd
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
25649000 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
CY2022Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
62765996 shares
CY2021Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
60554483 shares
CY2022Q4 olo Share Based Compensation Arrangement By Share Based Payment Award Options Exercised Early Outstanding Exercised Early Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedEarlyOutstandingExercisedEarlyNumber
35326 shares
CY2021Q4 olo Share Based Compensation Arrangement By Share Based Payment Award Options Exercised Early Outstanding Exercised Early Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedEarlyOutstandingExercisedEarlyNumber
120088 shares
CY2022Q4 us-gaap Deferred Compensation Sharebased Arrangements Liability Current And Noncurrent
DeferredCompensationSharebasedArrangementsLiabilityCurrentAndNoncurrent
100000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
30263529 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
20615612 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
4.10
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
4.10
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
36716816 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
3.55
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y9M3D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
633730000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1100118 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
14.72
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
6076639 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
1.61
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
1881199 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
7.68
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
29859096 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
29859096 shares
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y8M1D
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P4Y8M1D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
97523000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
97523000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
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Files In Submission

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