2022 Q4 Form 10-K Financial Statement
#000121390023021852 Filed on March 22, 2023
Income Statement
Concept | 2022 Q4 | 2022 | 2021 |
---|---|---|---|
Revenue | $145.1M | $575.7M | $726.2M |
YoY Change | -22.16% | -20.73% | 11.99% |
Cost Of Revenue | $94.39M | $365.1M | $431.3M |
YoY Change | -22.47% | -15.34% | 25.58% |
Gross Profit | $50.73M | $210.6M | $295.0M |
YoY Change | -21.57% | -28.61% | -3.32% |
Gross Profit Margin | 34.96% | 36.58% | 40.62% |
Selling, General & Admin | $58.92M | $242.1M | $311.4M |
YoY Change | -37.53% | -22.25% | 36.63% |
% of Gross Profit | 116.14% | 114.96% | 105.56% |
Research & Development | $2.937M | $8.755M | $6.939M |
YoY Change | 94.63% | 26.17% | 15.65% |
% of Gross Profit | 5.79% | 4.16% | 2.35% |
Depreciation & Amortization | $5.282M | $17.49M | $9.473M |
YoY Change | 69.4% | 84.6% | 19.91% |
% of Gross Profit | 10.41% | 8.3% | 3.21% |
Operating Expenses | $61.85M | $250.8M | $318.3M |
YoY Change | -35.44% | -21.2% | 36.15% |
Operating Profit | -$11.12M | -$40.26M | -$23.35M |
YoY Change | -64.27% | 72.43% | -132.75% |
Interest Expense | -$967.0K | $807.0K | $22.18M |
YoY Change | -124.53% | -96.36% | -107.28% |
% of Operating Profit | |||
Other Income/Expense, Net | $161.4M | $162.4M | $3.822M |
YoY Change | 4923.5% | 4148.9% | -111.18% |
Pretax Income | $149.3M | $122.9M | $2.654M |
YoY Change | -722.69% | 4532.14% | -100.97% |
Income Tax | $219.5M | $212.9M | -$1.217M |
% Of Pretax Income | 146.99% | 173.15% | -45.86% |
Net Earnings | -$70.13M | -$89.69M | $4.031M |
YoY Change | 225.53% | -2324.98% | -101.7% |
Net Earnings / Revenue | -48.32% | -15.58% | 0.56% |
Basic Earnings Per Share | -$1.10 | $0.06 | |
Diluted Earnings Per Share | -$0.77 | -$1.10 | $59.89K |
COMMON SHARES | |||
Basic Shares Outstanding | 81.78M shares | 65.93M shares | |
Diluted Shares Outstanding | 81.78M shares | 67.30M shares |
Balance Sheet
Concept | 2022 Q4 | 2022 | 2021 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $41.75M | $41.75M | $91.62M |
YoY Change | -54.42% | -54.42% | -25.52% |
Cash & Equivalents | $41.75M | $41.75M | $91.62M |
Short-Term Investments | |||
Other Short-Term Assets | $11.94M | $11.94M | $13.77M |
YoY Change | -13.28% | -13.28% | 21.82% |
Inventory | $73.20M | $73.20M | $98.69M |
Prepaid Expenses | $7.821M | ||
Receivables | $34.57M | $34.57M | $25.43M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $161.5M | $161.5M | $229.5M |
YoY Change | -29.65% | -29.65% | 0.18% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $239.2M | $239.2M | $180.7M |
YoY Change | 32.42% | 32.42% | 75.56% |
Goodwill | $4.897M | ||
YoY Change | |||
Intangibles | $26.22M | ||
YoY Change | 98.58% | ||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $1.546M | $1.546M | $219.1M |
YoY Change | -99.29% | -99.29% | 2.97% |
Total Long-Term Assets | $271.9M | $271.9M | $413.0M |
YoY Change | -34.16% | -34.16% | 26.83% |
TOTAL ASSETS | |||
Total Short-Term Assets | $161.5M | $161.5M | $229.5M |
Total Long-Term Assets | $271.9M | $271.9M | $413.0M |
Total Assets | $433.3M | $433.3M | $642.5M |
YoY Change | -32.55% | -32.55% | 15.82% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $46.44M | $46.44M | $79.75M |
YoY Change | -41.77% | -41.77% | 14.59% |
Accrued Expenses | $38.29M | $38.29M | $47.70M |
YoY Change | -19.73% | -19.73% | -8.45% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $0.00 | $0.00 | $2.297M |
YoY Change | -100.0% | -100.0% | 14.85% |
Total Short-Term Liabilities | $99.42M | $99.42M | $142.0M |
YoY Change | -29.99% | -29.99% | 7.42% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $21.55M | $21.55M | $94.11M |
YoY Change | -77.1% | -77.1% | 127.33% |
Other Long-Term Liabilities | $133.5M | $133.5M | $259.8M |
YoY Change | -48.62% | -48.62% | -17.15% |
Total Long-Term Liabilities | $155.0M | $155.0M | $353.9M |
YoY Change | -56.2% | -56.2% | -0.31% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $99.42M | $99.42M | $142.0M |
Total Long-Term Liabilities | $155.0M | $155.0M | $353.9M |
Total Liabilities | $255.4M | $255.4M | $496.7M |
YoY Change | -48.59% | -48.59% | 1.89% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$351.5M | ||
YoY Change | 34.26% | ||
Common Stock | $9.000K | ||
YoY Change | 28.57% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $178.0M | $178.0M | $145.8M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $433.3M | $433.3M | $642.5M |
YoY Change | -32.55% | -32.55% | 15.82% |
Cashflow Statement
Concept | 2022 Q4 | 2022 | 2021 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$70.13M | -$89.69M | $4.031M |
YoY Change | 225.53% | -2324.98% | -101.7% |
Depreciation, Depletion And Amortization | $5.282M | $17.49M | $9.473M |
YoY Change | 69.4% | 84.6% | 19.91% |
Cash From Operating Activities | $1.701M | -$28.77M | -$30.90M |
YoY Change | -105.48% | -6.89% | -138.03% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $4.102M | $38.16M | -$57.06M |
YoY Change | -126.36% | -166.88% | 45.78% |
Acquisitions | -$3.660M | ||
YoY Change | |||
Other Investing Activities | $12.00K | $3.660M | |
YoY Change | |||
Cash From Investing Activities | -$4.090M | -$34.50M | -$57.06M |
YoY Change | -73.72% | -39.53% | 45.78% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | $100.0K | ||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $5.344M | $98.38M | $1.534M |
YoY Change | 1321.28% | 6313.04% | -96.83% |
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -15.00M | 13.41M | 56.62M |
YoY Change | -127.47% | -76.31% | 19.56% |
NET CHANGE | |||
Cash From Operating Activities | 1.701M | -28.77M | -30.90M |
Cash From Investing Activities | -4.090M | -34.50M | -57.06M |
Cash From Financing Activities | -15.00M | 13.41M | 56.62M |
Net Change In Cash | -17.39M | -49.86M | -31.34M |
YoY Change | -317.36% | 59.11% | -135.02% |
FREE CASH FLOW | |||
Cash From Operating Activities | $1.701M | -$28.77M | -$30.90M |
Capital Expenditures | $4.102M | $38.16M | -$57.06M |
Free Cash Flow | -$2.401M | -$66.93M | $26.16M |
YoY Change | -84.48% | -355.9% | -78.28% |
Facts In Submission
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FairValueAdjustmentOfWarrants
|
300073000 | usd |
CY2022 | prpl |
Tax Receivable Agreement Expense
TaxReceivableAgreementExpense
|
-161970000 | usd |
CY2021 | prpl |
Tax Receivable Agreement Expense
TaxReceivableAgreementExpense
|
-4016000 | usd |
CY2020 | prpl |
Tax Receivable Agreement Expense
TaxReceivableAgreementExpense
|
34155000 | usd |
CY2022 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
163200000 | usd |
CY2021 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
26004000 | usd |
CY2020 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-344755000 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
|
122937000 | usd |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
|
2654000 | usd |
CY2020 | us-gaap |
Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
|
-273529000 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
212864000 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-1217000 | usd |
CY2020 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-43749000 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-89927000 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
3871000 | usd |
CY2020 | us-gaap |
Profit Loss
ProfitLoss
|
-229780000 | usd |
CY2022 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-238000 | usd |
CY2021 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-160000 | usd |
CY2020 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
7087000 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-89689000 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
4031000 | usd |
CY2020 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-236867000 | usd |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.1 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.06 | |
CY2020 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-6.04 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.1 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.3 | |
CY2020 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-6.04 | |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
81779000 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
65928000 | shares |
CY2020 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
39219000 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
81779000 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
67302000 | shares |
CY2020 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
39219000 | shares |
CY2019Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-28540000 | usd |
CY2020 | us-gaap |
Profit Loss
ProfitLoss
|
-229780000 | usd |
CY2020 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
2185000 | usd |
CY2020 | prpl |
Exercise Of Warrants
ExerciseOfWarrants
|
218114000 | usd |
CY2020 | prpl |
Exercise Of Incremental Loan Warrants
ExerciseOfIncrementalLoanWarrants
|
81040000 | usd |
CY2020 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
2007000 | usd |
CY2020 | prpl |
Stock Issued During Period Tax Receivable Agreement Liability
StockIssuedDuringPeriodTaxReceivableAgreementLiability
|
-137314000 | usd |
CY2020 | prpl |
Stock Issue During Period Deferred Income Taxes
StockIssueDuringPeriodDeferredIncomeTaxes
|
165676000 | usd |
CY2020 | prpl |
Stock Issued During Period Tax Distribution
StockIssuedDuringPeriodTaxDistribution
|
-5847000 | usd |
CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
67541000 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
3871000 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
3366000 | usd |
CY2021 | prpl |
Exercise Of Warrants
ExerciseOfWarrants
|
64427000 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
1418000 | usd |
CY2021 | prpl |
Stock Issued During Period Tax Receivable Agreement Liability
StockIssuedDuringPeriodTaxReceivableAgreementLiability
|
-760000 | usd |
CY2021 | prpl |
Stock Issue During Period Deferred Income Taxes
StockIssueDuringPeriodDeferredIncomeTaxes
|
2937000 | usd |
CY2021 | prpl |
Stock Issued During Period Tax Distribution
StockIssuedDuringPeriodTaxDistribution
|
-401000 | usd |
CY2021 | prpl |
Inno Hold Indemnification Payment
InnoHoldIndemnificationPayment
|
4142000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
146541000 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-89927000 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
3366000 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
166000 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
92866000 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
26106000 | usd |
CY2022 | prpl |
Stock Issued During Period Tax Distribution
StockIssuedDuringPeriodTaxDistribution
|
-228000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
178890000 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-89927000 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
3871000 | usd |
CY2020 | us-gaap |
Profit Loss
ProfitLoss
|
-229780000 | usd |
CY2022 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
17487000 | usd |
CY2021 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
9473000 | usd |
CY2020 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
7899000 | usd |
CY2022 | prpl |
Non Cash Interest
NonCashInterest
|
1072000 | usd |
CY2021 | prpl |
Non Cash Interest
NonCashInterest
|
517000 | usd |
CY2020 | prpl |
Non Cash Interest
NonCashInterest
|
3105000 | usd |
CY2020 | prpl |
Paidinkind Interest
PaidinkindInterest
|
6616000 | usd |
CY2020 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-5782000 | usd |
CY2022 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-620000 | usd |
CY2022 | prpl |
Fair Value Warrant Liabilities
FairValueWarrantLiabilities
|
-4343000 | usd |
CY2021 | prpl |
Fair Value Warrant Liabilities
FairValueWarrantLiabilities
|
-24054000 | usd |
CY2020 | prpl |
Fair Value Warrant Liabilities
FairValueWarrantLiabilities
|
300073000 | usd |
CY2022 | us-gaap |
Income Tax Credits And Adjustments
IncomeTaxCreditsAndAdjustments
|
-161970000 | usd |
CY2021 | us-gaap |
Income Tax Credits And Adjustments
IncomeTaxCreditsAndAdjustments
|
-4016000 | usd |
CY2020 | us-gaap |
Income Tax Credits And Adjustments
IncomeTaxCreditsAndAdjustments
|
34155000 | usd |
CY2022 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3366000 | usd |
CY2021 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3366000 | usd |
CY2020 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2185000 | usd |
CY2022 | us-gaap |
Gains Losses On Extinguishment Of Debt Before Write Off Of Deferred Debt Issuance Cost
GainsLossesOnExtinguishmentOfDebtBeforeWriteOffOfDeferredDebtIssuanceCost
|
1421000 | usd |
CY2022 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-213548000 | usd |
CY2021 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
3608000 | usd |
CY2020 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
45812000 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
4112000 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-3681000 | usd |
CY2020 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
419000 | usd |
CY2022 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
28956000 | usd |
CY2021 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-32964000 | usd |
CY2020 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-18098000 | usd |
CY2022 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-1757000 | usd |
CY2021 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-1744000 | usd |
CY2020 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
5047000 | usd |
CY2022 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
7709000 | usd |
CY2021 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
2159000 | usd |
CY2020 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
1396000 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-33609000 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
6796000 | usd |
CY2020 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
16049000 | usd |
CY2022 | prpl |
Increase In Accrued Sales Returns
IncreaseInAccruedSalesReturns
|
-2009000 | usd |
CY2021 | prpl |
Increase In Accrued Sales Returns
IncreaseInAccruedSalesReturns
|
-1312000 | usd |
CY2020 | prpl |
Increase In Accrued Sales Returns
IncreaseInAccruedSalesReturns
|
1157000 | usd |
CY2022 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-2892000 | usd |
CY2021 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-5482000 | usd |
CY2020 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
6255000 | usd |
CY2022 | prpl |
Increase Or Decrease In Customer Advances
IncreaseOrDecreaseInCustomerAdvances
|
-6456000 | usd |
CY2021 | prpl |
Increase Or Decrease In Customer Advances
IncreaseOrDecreaseInCustomerAdvances
|
4601000 | usd |
CY2020 | prpl |
Increase Or Decrease In Customer Advances
IncreaseOrDecreaseInCustomerAdvances
|
-5000 | usd |
CY2022 | prpl |
Accrued Rebates And Allowances
AccruedRebatesAndAllowances
|
-365000 | usd |
CY2021 | prpl |
Accrued Rebates And Allowances
AccruedRebatesAndAllowances
|
-722000 | usd |
CY2020 | prpl |
Accrued Rebates And Allowances
AccruedRebatesAndAllowances
|
5580000 | usd |
CY2022 | us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
3816000 | usd |
CY2021 | us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
5047000 | usd |
CY2020 | us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
3398000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-28773000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-30903000 | usd |
CY2020 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
81257000 | usd |
CY2022 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
-3660000 | usd |
CY2022 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
35376000 | usd |
CY2021 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
53938000 | usd |
CY2020 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
27878000 | usd |
CY2022 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
2785000 | usd |
CY2021 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
3121000 | usd |
CY2020 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
11261000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-34501000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-57059000 | usd |
CY2020 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-39139000 | usd |
CY2020 | us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
45000000 | usd |
CY2020 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
37497000 | usd |
CY2022 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
17531000 | usd |
CY2021 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
2250000 | usd |
CY2020 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
563000 | usd |
CY2021 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
55000000 | usd |
CY2022 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
55000000 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
98210000 | usd |
CY2022 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
5344000 | usd |
CY2021 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
116000 | usd |
CY2020 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
46359000 | usd |
CY2022 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
166000 | usd |
CY2021 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
1418000 | usd |
CY2020 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
2007000 | usd |
CY2022 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
1242000 | usd |
CY2020 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
2460000 | usd |
CY2022 | prpl |
Tax Receivable Agreement Payments
TaxReceivableAgreementPayments
|
-5847000 | usd |
CY2021 | prpl |
Tax Receivable Agreement Payments
TaxReceivableAgreementPayments
|
-628000 | usd |
CY2021 | prpl |
Proceeds From Inno Hold Indemnification Payment
ProceedsFromInnoHoldIndemnificationPayment
|
4142000 | usd |
CY2021 | prpl |
Distributions
Distributions
|
-1175000 | usd |
CY2020 | prpl |
Distributions
Distributions
|
-5487000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
13412000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
56623000 | usd |
CY2020 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
47359000 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-49862000 | usd |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-31339000 | usd |
CY2020 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
89477000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
91616000 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
122955000 | usd |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
33478000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
41754000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
91616000 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
122955000 | usd |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
2693000 | usd |
CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
999000 | usd |
CY2020 | us-gaap |
Interest Paid Net
InterestPaidNet
|
8167000 | usd |
CY2022 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
303000 | usd |
CY2021 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
4645000 | usd |
CY2020 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
2060000 | usd |
CY2022 | us-gaap |
Noncash Or Part Noncash Acquisition Payables Assumed1
NoncashOrPartNoncashAcquisitionPayablesAssumed1
|
4162000 | usd |
CY2021 | us-gaap |
Noncash Or Part Noncash Acquisition Payables Assumed1
NoncashOrPartNoncashAcquisitionPayablesAssumed1
|
6443000 | usd |
CY2020 | us-gaap |
Noncash Or Part Noncash Acquisition Payables Assumed1
NoncashOrPartNoncashAcquisitionPayablesAssumed1
|
3305000 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
26106000 | usd |
CY2021 | prpl |
Noncash Leasehold Improvements
NoncashLeaseholdImprovements
|
3238000 | usd |
CY2020 | prpl |
Noncash Leasehold Improvements
NoncashLeaseholdImprovements
|
5147000 | usd |
CY2022 | prpl |
Tax Distribution Payable
TaxDistributionPayable
|
228000 | usd |
CY2021 | prpl |
Tax Distribution Payable
TaxDistributionPayable
|
401000 | usd |
CY2020 | prpl |
Tax Distribution Payable
TaxDistributionPayable
|
668000 | usd |
CY2021 | prpl |
Tax Receivable Agreement Liabilities
TaxReceivableAgreementLiabilities
|
760000 | usd |
CY2020 | prpl |
Tax Receivable Agreement Liabilities
TaxReceivableAgreementLiabilities
|
137314000 | usd |
CY2021 | prpl |
Deferred Income Taxes
DeferredIncomeTaxes
|
2937000 | usd |
CY2020 | prpl |
Deferred Income Taxes
DeferredIncomeTaxes
|
165676000 | usd |
CY2021 | prpl |
Exercise Of Liability Warrants
ExerciseOfLiabilityWarrants
|
64311000 | usd |
CY2020 | prpl |
Exercise Of Liability Warrants
ExerciseOfLiabilityWarrants
|
252796000 | usd |
CY2022 | prpl |
Common Units Percentage
CommonUnitsPercentage
|
0.995 | pure |
CY2022 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Reclassification</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Certain prior year amounts in the consolidated financial statements have been reclassified to conform to the current year presentation with no effect on previously reported net income (loss), cash flows or stockholders’ equity. The change in operating leases, previously reflected as two line items within cash flows from operating activities, is now presented on a net basis as a single line item within the changes in operating assets and liabilities section of the consolidated statement of cash flows.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"> </p> | |
CY2022 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Use of Estimates</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles requires the Company to establish accounting policies and to make estimates and judgments that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. The Company bases its estimates on historical experience and on various other assumptions believed to be reasonable, the results of which form the basis for making judgments about the carrying values of assets and liabilities. The Company regularly makes significant estimates and assumptions including, but not limited to, estimates that affect revenue recognition, accounts receivable and allowance for doubtful accounts, valuation of inventories, sales returns, warranty returns, fair value of assets acquired and liabilities assumed in a business combination, warrant liabilities, stock based compensation, the recognition and measurement of loss contingencies, estimates of current and deferred income taxes, deferred income tax valuation allowances, and amounts associated with the Company’s Tax Receivable Agreement with InnoHold, LLC (“InnoHold”). Predicting future events is inherently an imprecise activity and, as such, requires the use of judgment. Actual results could differ materially from those estimates.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"> </p> | |
CY2022 | prpl |
Fair Value Of Effective Settlement Of Preexisting Relationships
FairValueOfEffectiveSettlementOfPreexistingRelationships
|
1672000 | usd |
CY2022 | prpl |
Transaction Expenses Paid On Behalf Of Intellibed
TransactionExpensesPaidOnBehalfOfIntellibed
|
546000 | usd |
CY2022 | prpl |
Due To Seller
DueToSeller
|
75000 | usd |
CY2022 | prpl |
Total Purchase Consideration
TotalPurchaseConsideration
|
28300000 | usd |
CY2020 | us-gaap |
Other Asset Impairment Charges
OtherAssetImpairmentCharges
|
600000 | usd |
CY2022 | prpl |
Cooperative Advertising Rebate And Other Promotion Programs Policy Text Bloc
CooperativeAdvertisingRebateAndOtherPromotionProgramsPolicyTextBloc
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Cooperative Advertising, Rebate and Other Promotion Programs</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Company enters into programs with certain wholesale partners to provide funds for advertising and promotions as well as volume and other rebate programs. When sales are made to these customers, the Company records liabilities pursuant to these programs. The Company periodically assesses these liabilities based on actual sales to determine whether all of the cooperative advertising earned will be used by the customer or whether the customer will meet the requirements to receive rebate funds. Significant estimates are required at any point in time with regard to the ultimate reimbursement to be claimed by the customers. Subsequent revisions to the estimates are recorded and charged to earnings in the period in which they are identified. Rebates and certain cooperative advertising amounts are classified as a reduction of revenue and presented within net revenues in the accompanying consolidated statements of operations. Cooperative advertising expenses that can be identified as a distinct good or service and for which the fair value can be reasonably estimated are recorded, when incurred, as components of marketing and sales expenses in the accompanying consolidated statements of operations. Marketing and sales expense in 2022, 2021 and 2020 included $4.1 million, $2.7 million and $1.2 million, respectively, related to shared advertising costs that the Company incurred under its cooperative advertising programs to the extent the fair value of the distinct good or service were reasonably estimable.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"> </p> | |
CY2022Q4 | us-gaap |
Deferred Advertising Costs
DeferredAdvertisingCosts
|
4100000 | usd |
CY2021Q4 | us-gaap |
Deferred Advertising Costs
DeferredAdvertisingCosts
|
2700000 | usd |
CY2020Q4 | us-gaap |
Deferred Advertising Costs
DeferredAdvertisingCosts
|
1200000 | usd |
CY2022 | us-gaap |
Advertising Expense
AdvertisingExpense
|
61000000 | usd |
CY2021 | us-gaap |
Advertising Expense
AdvertisingExpense
|
149800000 | usd |
CY2020 | us-gaap |
Advertising Expense
AdvertisingExpense
|
130300000 | usd |
CY2022 | prpl |
Fair Value Of Common Stock Issued Description
FairValueOfCommonStockIssuedDescription
|
The fair value of common stock issued at closing consisted of approximately 8.1 million shares of Class A common stock valued using the acquisition date closing price of $2.86. The fair value of common stock held in escrow consisted of 0.5 million shares of Class A common stock valued using the acquisition date closing price of $2.86. These shares are being held in escrow pending resolution of net working capital adjustments and certain indemnification matters, as described in the Merger Agreement. | |
CY2022 | prpl |
Fair Value Of Effective Settlement
FairValueOfEffectiveSettlement
|
1400000 | usd |
CY2022 | prpl |
Fair Value Acquisition Amount
FairValueAcquisitionAmount
|
300000 | usd |
CY2022 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
1400000 | usd |
CY2022 | prpl |
Payable Amount
PayableAmount
|
300000 | usd |
CY2022Q4 | prpl |
Warranty Liabilities Current
WarrantyLiabilitiesCurrent
|
5000000 | usd |
CY2021Q4 | prpl |
Warranty Liabilities Current
WarrantyLiabilitiesCurrent
|
3900000 | usd |
CY2022Q4 | us-gaap |
Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
|
15700000 | usd |
CY2021Q4 | us-gaap |
Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
|
11100000 | usd |
CY2022 | prpl |
Measurement Period
MeasurementPeriod
|
P1Y | |
CY2022Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
1300000 | usd |
CY2022 | us-gaap |
Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
|
9700000 | usd |
CY2022 | prpl |
Warrants Outstanding
WarrantsOutstanding
|
1900000 | usd |
CY2019Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
29311000 | usd |
CY2020 | prpl |
Fair Value Measurement With Initial Measurement
FairValueMeasurementWithInitialMeasurement
|
-1275000 | usd |
CY2020 | prpl |
Fair Value Measurement With Fair Value Transfer To Level1 Measuremen
FairValueMeasurementWithFairValueTransferToLevel1Measuremen
|
-84730000 | usd |
CY2020 | prpl |
Fair Value Measurement With Change In Valuation Inputs
FairValueMeasurementWithChangeInValuationInputs
|
149402000 | usd |
CY2020Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
92708000 | usd |
CY2021 | prpl |
Fair Value Of Warrants Exercised
FairValueOfWarrantsExercised
|
-64311000 | usd |
CY2021 | prpl |
Fair Value Measurement With Change In Valuation Inputs
FairValueMeasurementWithChangeInValuationInputs
|
-24054000 | usd |
CY2021Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
4343000 | usd |
CY2022 | prpl |
Fair Value Measurement With Change In Valuation Inputs
FairValueMeasurementWithChangeInValuationInputs
|
-4343000 | usd |
CY2022 | prpl |
Pretax Income
PretaxIncome
|
1600000 | usd |
CY2022 | prpl |
Tax Benefit Recognized Percentage
TaxBenefitRecognizedPercentage
|
0.50 | pure |
CY2022 | prpl |
Tax Receivables Agreement Percentage
TaxReceivablesAgreementPercentage
|
0.80 | pure |
CY2022Q4 | us-gaap |
Investments And Cash
InvestmentsAndCash
|
1700000 | usd |
CY2022Q4 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
1700000 | usd |
CY2022 | us-gaap |
Severance Costs1
SeveranceCosts1
|
2000000 | usd |
CY2022Q2 | prpl |
Termination Fee
TerminationFee
|
3100000 | usd |
CY2022 | prpl |
Aggregate Amount
AggregateAmount
|
90000000 | usd |
CY2022Q1 | us-gaap |
Debt Instrument Redemption Price Percentage
DebtInstrumentRedemptionPricePercentage
|
0.2981 | pure |
CY2022Q1 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
6.1 | |
CY2022Q1 | us-gaap |
Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
|
92900000 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Purchase Of Assets
StockIssuedDuringPeriodValuePurchaseOfAssets
|
28300000 | usd |
CY2022 | prpl |
Fair Value Of Class A Common Stock Issued At Closing
FairValueOfClassACommonStockIssuedAtClosing
|
23069000 | usd |
CY2022 | prpl |
Fair Value Of Class A Common Stock Held In Escrow
FairValueOfClassACommonStockHeldInEscrow
|
1467000 | usd |
CY2022 | us-gaap |
Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
|
1471000 | usd |
CY2022 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
3900000 | usd |
CY2022 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
606230000 | usd |
CY2021 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
774886000 | usd |
CY2022 | us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
-83323000 | usd |
CY2021 | us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
12603000 | usd |
CY2022 | prpl |
Operating Expenses Description
OperatingExpensesDescription
|
●A decrease of operating expenses by $4.4 million during the year ended December 31, 2022, to eliminate costs directly related to the acquisition that do not have a continuing impact on operating results. ● A decrease of operating expenses by $1.5 million during the year ended December 31, 2021 to eliminate litigation costs directly related to the lawsuit between the two Companies. ● A decrease of operating expenses by $1.5 million and $0.6 million during the years ended December 31, 2022 and 2021, respectively, to eliminate costs directly related to immediate restructuring that do not have a continuing impact on operating results. ● An increase of operating expenses by $2.2 million and $1.8 million during the years ended December 31, 2022 and 2021, respectively, to reflect the additional depreciation and amortization expense related to the increase in property and equipment assets and definite lived intangible assets. | |
CY2022Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
31803000 | usd |
CY2021Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
33609000 | usd |
CY2022Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
2261000 | usd |
CY2021Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
4023000 | usd |
CY2022Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
40476000 | usd |
CY2021Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
63419000 | usd |
CY2022Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
1343000 | usd |
CY2021Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
2361000 | usd |
CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
73197000 | usd |
CY2021Q4 | us-gaap |
Inventory Net
InventoryNet
|
98690000 | usd |
CY2021 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
31567000 | usd |
CY2022Q4 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
66533000 | usd |
CY2021Q4 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
58094000 | usd |
CY2022Q4 | prpl |
Equipment In Progress
EquipmentInProgress
|
19099000 | usd |
CY2021Q4 | prpl |
Equipment In Progress
EquipmentInProgress
|
19840000 | usd |
CY2022Q4 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
56114000 | usd |
CY2021Q4 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
38098000 | usd |
CY2022Q4 | us-gaap |
Furniture And Fixtures Gross
FurnitureAndFixturesGross
|
26290000 | usd |
CY2021Q4 | us-gaap |
Furniture And Fixtures Gross
FurnitureAndFixturesGross
|
12482000 | usd |
CY2022Q4 | prpl |
Office Equipment
OfficeEquipment
|
4393000 | usd |
CY2021Q4 | prpl |
Office Equipment
OfficeEquipment
|
4843000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
172429000 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
133357000 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
35756000 | usd |
CY2021Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
20743000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
136673000 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
112614000 | usd |
CY2022 | us-gaap |
Interest Costs Incurred Capitalized
InterestCostsIncurredCapitalized
|
700000 | usd |
CY2021 | us-gaap |
Interest Costs Incurred Capitalized
InterestCostsIncurredCapitalized
|
1000000 | usd |
CY2022 | us-gaap |
Depreciation
Depreciation
|
16200000 | usd |
CY2021 | us-gaap |
Depreciation
Depreciation
|
9200000 | usd |
CY2020 | us-gaap |
Depreciation
Depreciation
|
5500000 | usd |
CY2022Q4 | us-gaap |
Lessor Operating Lease Term Of Contract
LessorOperatingLeaseTermOfContract
|
P16Y | |
CY2022 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
1000000 | usd |
CY2021 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
700000 | usd |
CY2020 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
17216000 | usd |
CY2022Q4 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
1700000 | usd |
CY2022Q4 | us-gaap |
Asset Retirement Obligation Current
AssetRetirementObligationCurrent
|
2100000 | usd |
CY2021Q4 | us-gaap |
Asset Retirement Obligation Current
AssetRetirementObligationCurrent
|
900000 | usd |
CY2022 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
15743000 | usd |
CY2021 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
8910000 | usd |
CY2020 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
5736000 | usd |
CY2022 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
2311000 | usd |
CY2021 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
2207000 | usd |
CY2020 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
317000 | usd |
CY2022 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
11000 | usd |
CY2021 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
224000 | usd |
CY2020 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
34000 | usd |
CY2022 | us-gaap |
Lease Cost
LeaseCost
|
18065000 | usd |
CY2021 | us-gaap |
Lease Cost
LeaseCost
|
11341000 | usd |
CY2020 | us-gaap |
Lease Cost
LeaseCost
|
6087000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Remaining Lease Term
LesseeOperatingLeaseRemainingLeaseTerm
|
P5Y | |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
18332000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
19687000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
19638000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
18553000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
18813000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
69282000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
164305000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
34998000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
129307000 | usd |
CY2022 | prpl |
Leases Undiscounted Amount
leasesUndiscountedAmount
|
20500000 | usd |
CY2022Q4 | us-gaap |
Tenant Improvements
TenantImprovements
|
2200000 | usd |
CY2022 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
9003000 | usd |
CY2021 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
2779000 | usd |
CY2020 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
1732000 | usd |
CY2022 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
38599000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
30307000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
-4086000 | usd |
CY2022 | prpl |
Intangible Assets Net Carrying Value
IntangibleAssetsNetCarryingValue
|
26221000 | usd |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
16073000 | usd |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
-2869000 | usd |
CY2021 | prpl |
Intangible Assets Net Carrying Value
IntangibleAssetsNetCarryingValue
|
13204000 | usd |
CY2020Q1 | us-gaap |
Intangible Assets Explanation Of Significant Deletions
IntangibleAssetsExplanationOfSignificantDeletions
|
Purple LLC entered into a supply and services agreement with Responsive Surface Technology, LLC (“ReST”) whereby the Company acquired a license and made a prepayment for future products and services to be provided by the third party. The $4.0 million paid upon execution of the contract was allocated to a license for certain technologies ($2.2 million), inventory to be utilized by the third party in the production of goods ($0.8 million) and future professional services to be delivered by the third party ($1.0 million). | |
CY2020 | prpl |
Unamortized License Costs
unamortizedLicenseCosts
|
600000 | usd |
CY2022 | us-gaap |
Indefinite Lived Intangible Assets Written Off Related To Sale Of Business Unit
IndefiniteLivedIntangibleAssetsWrittenOffRelatedToSaleOfBusinessUnit
|
800000 | usd |
CY2022 | us-gaap |
Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
|
300000 | usd |
CY2022 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1200000 | usd |
CY2021 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
300000 | usd |
CY2020 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
2400000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
3380 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
4398 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
3489 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
2824 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
1321 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
2323 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
17735 | usd |
CY2020Q3 | prpl |
Prepayment Fee For Retirement
PrepaymentFeeForRetirement
|
2500000 | usd |
CY2020Q3 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
3300000 | usd |
CY2020 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
4000000 | usd |
CY2021Q4 | us-gaap |
Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
|
12061000 | usd |
CY2022 | prpl |
Required Member Distributions Percentage
RequiredMemberDistributionsPercentage
|
0.45 | pure |
CY2022Q4 | prpl |
Related Party Loan
RelatedPartyLoan
|
24656000 | usd |
CY2021Q4 | prpl |
Related Party Loan
RelatedPartyLoan
|
42188000 | usd |
CY2021Q4 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
55000000 | usd |
CY2022Q4 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
999000 | usd |
CY2021Q4 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
778000 | usd |
CY2022Q4 | us-gaap |
Debt Current
DebtCurrent
|
23657000 | usd |
CY2021Q4 | us-gaap |
Debt Current
DebtCurrent
|
96410000 | usd |
CY2021 | prpl |
Longterm Debt Current Portion
LongtermDebtCurrentPortion
|
-2297000 | usd |
CY2022Q4 | prpl |
Debt Net Of Current Portion
DebtNetOfCurrentPortion
|
23657000 | usd |
CY2021Q4 | prpl |
Debt Net Of Current Portion
DebtNetOfCurrentPortion
|
94113000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Percentage Bearing Variable Interest Rate
LongTermDebtPercentageBearingVariableInterestRate
|
0.0898 | pure |
CY2022Q1 | us-gaap |
Proceeds From Unsecured Lines Of Credit
ProceedsFromUnsecuredLinesOfCredit
|
55000000 | usd |
CY2022 | us-gaap |
Long Term Debt Contingent Payment Of Principal Or Interest
LongTermDebtContingentPaymentOfPrincipalOrInterest
|
$15.0 | |
CY2022 | us-gaap |
Securities Purchased Under Agreement To Resell Allowance For Credit Loss Writeoff
SecuritiesPurchasedUnderAgreementToResellAllowanceForCreditLossWriteoff
|
4100000 | usd |
CY2021 | us-gaap |
Securities Purchased Under Agreement To Resell Allowance For Credit Loss Writeoff
SecuritiesPurchasedUnderAgreementToResellAllowanceForCreditLossWriteoff
|
2400000 | usd |
CY2020 | us-gaap |
Securities Purchased Under Agreement To Resell Allowance For Credit Loss Writeoff
SecuritiesPurchasedUnderAgreementToResellAllowanceForCreditLossWriteoff
|
700000 | usd |
CY2018Q1 | us-gaap |
Debt Instrument Annual Principal Payment
DebtInstrumentAnnualPrincipalPayment
|
25000000 | usd |
CY2019Q1 | prpl |
Amended And Restated Credit Agreement Descriptions
AmendedAndRestatedCreditAgreementDescriptions
|
Purple LLC entered into a First Amendment to the 2018 Credit Agreement (the “First Amendment”) whereby Purple LLC agreed to enter into the Amended and Restated Credit Agreement, under which two of the Lenders (“Incremental Lenders”) agreed to provide an incremental loan of $10.0 million (the “Incremental Loan”) such that the total amount of principal indebtedness provided to Purple LLC was increased to $35.0 million. Upon funding the $10.0 million Incremental Loan on February 26, 2019, the Company issued to the Incremental Lenders 2.6 million warrants (“Incremental Loan Warrants”) to purchase 2.6 million shares of the Company’s Class A common stock at a price of $5.74 per share, subject to certain adjustments. | |
CY2020Q3 | prpl |
Fair Value Of Incremental Loan Warrants
FairValueOfIncrementalLoanWarrants
|
10 | usd |
CY2020Q3 | prpl |
Recognized Loss
RecognizedLoss
|
5800000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Rolling Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFour
|
24656000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
24656000 | usd |
CY2022 | prpl |
Schedule Of Fair Value Of Incremental Warrants
ScheduleOfFairValueOfIncrementalWarrants
|
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 88%; text-align: left">Trading price of common stock on measurement date</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">31.00</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Exercise price <br/></td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><div style="-sec-ix-hidden: hidden-fact-103">—</div></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Risk free interest rate</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">0.90</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Warrant life in years</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">0.07</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Expected volatility</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">45.46</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Expected dividend yield</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><div style="-sec-ix-hidden: hidden-fact-104">—</div></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Probability of an event causing a warrant re-price</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">100.00</td><td style="text-align: left">%</td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"> </p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="10" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">December 31,</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2022</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2021</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2020</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left">Trading price of common stock on measurement date</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">4.79</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">13.27</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">32.94</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Exercise price</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">5.75</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">5.75</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">5.75</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Risk free interest rate</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4.04</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">0.39</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">0.13</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Warrant life in years</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">0.1</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1.1</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2.1</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Expected volatility</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">80.59</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">73.78</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">50.64</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Expected dividend yield</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><div style="-sec-ix-hidden: hidden-fact-105">—</div></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><div style="-sec-ix-hidden: hidden-fact-106">—</div></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><div style="-sec-ix-hidden: hidden-fact-107">—</div></td><td style="text-align: left"> </td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> | |
CY2021 | prpl |
Cash Proceeds
CashProceeds
|
100000 | usd |
CY2020 | prpl |
Cash Proceeds
CashProceeds
|
46400000 | usd |
CY2022Q4 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
1900000 | shares |
CY2021Q4 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
1900000 | shares |
CY2022 | us-gaap |
Business Combination Separately Recognized Transactions Revenues And Gains Recognized
BusinessCombinationSeparatelyRecognizedTransactionsRevenuesAndGainsRecognized
|
4300000 | usd |
CY2021 | us-gaap |
Business Combination Separately Recognized Transactions Revenues And Gains Recognized
BusinessCombinationSeparatelyRecognizedTransactionsRevenuesAndGainsRecognized
|
24100000 | usd |
CY2020 | us-gaap |
Assets Fair Value Adjustment
AssetsFairValueAdjustment
|
240700000 | usd |
CY2022 | prpl |
Other Long Term Liabilities
OtherLongTermLiabilities
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>13. Other Long-Term Liabilities</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b> </b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Other long-term liabilities consisted of the following (in thousands):</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">As of December 31,</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; text-transform: uppercase; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-transform: uppercase; text-align: center; border-bottom: Black 1.5pt solid">2022</td><td style="padding-bottom: 1.5pt; font-weight: bold; text-transform: uppercase"> </td><td style="font-weight: bold; text-transform: uppercase; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-transform: uppercase; text-align: center; border-bottom: Black 1.5pt solid">2021</td><td style="padding-bottom: 1.5pt; font-weight: bold; text-transform: uppercase"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: left">Warranty accrual</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">20,744</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">15,013</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Asset retirement obligations</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,098</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">932</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1.5pt">Other</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">19</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">30</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Total</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">22,861</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">15,975</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1.5pt">Less: current portion of warranty accrual</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">(4,985</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">(3,914</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 4pt">Other long-term liabilities, net of current portion</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">17,876</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">12,061</td><td style="padding-bottom: 4pt; text-align: left"> </td></tr> </table> | |
CY2022Q4 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
20744000 | usd |
CY2021Q4 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
15013000 | usd |
CY2022Q4 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
2098000 | usd |
CY2021Q4 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
932000 | usd |
CY2022Q4 | prpl |
Other Longterm Liabilities
OtherLongtermLiabilities
|
19000 | usd |
CY2021Q4 | prpl |
Other Longterm Liabilities
OtherLongtermLiabilities
|
30000 | usd |
CY2022Q4 | us-gaap |
Other Long Term Debt
OtherLongTermDebt
|
22861000 | usd |
CY2021Q4 | us-gaap |
Other Long Term Debt
OtherLongTermDebt
|
15975000 | usd |
CY2022Q4 | us-gaap |
Other Long Term Debt Current
OtherLongTermDebtCurrent
|
4985000 | usd |
CY2021Q4 | us-gaap |
Other Long Term Debt Current
OtherLongTermDebtCurrent
|
3914000 | usd |
CY2022Q4 | us-gaap |
Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
|
17876000 | usd |
CY2021Q4 | us-gaap |
Contractual Obligation Due In Fourth And Fifth Year
ContractualObligationDueInFourthAndFifthYear
|
1200000 | usd |
CY2020Q4 | us-gaap |
Contractual Obligation Due In Fourth And Fifth Year
ContractualObligationDueInFourthAndFifthYear
|
5500000 | usd |
CY2022Q4 | us-gaap |
Income Tax Examination Interest Accrued
IncomeTaxExaminationInterestAccrued
|
100000 | usd |
CY2021Q4 | prpl |
Net Assets
NetAssets
|
100000 | usd |
CY2018Q1 | prpl |
Subscription Agreement And Preemptive Rights Description
SubscriptionAgreementAndPreemptiveRightsDescription
|
in connection with the Business Combination, the Company entered into a subscription agreement with CCP and Blackwell, pursuant to which CCP and Blackwell agreed to purchase from the Company an aggregate of 4.0 million shares of Class A common stock at a purchase price of $10.00 per share (the “Coliseum Private Placement”). In connection with the Coliseum Private Placement, the Sponsor assigned (i) an aggregate of 1.3 million additional shares of Class A common stock to CCP and Blackwell and (ii) an aggregate of 3.3 million warrants to purchase 1.6 million shares of Class A common stock to CCP, Blackwell, and CDF. | |
CY2021Q2 | prpl |
Investors Price Per Share
InvestorsPricePerShare
|
30 | |
CY2021Q4 | us-gaap |
General Partners Offering Costs
GeneralPartnersOfferingCosts
|
7900000 | usd |
CY2022 | us-gaap |
Payments Of Debt Restructuring Costs
PaymentsOfDebtRestructuringCosts
|
15000 | cad |
CY2020Q3 | prpl |
Trade Seeking Amount
TradeSeekingAmount
|
7000000 | usd |
CY2022 | prpl |
Estimated To Be A Gain
EstimatedToBeAGain
|
1400000 | usd |
CY2022 | prpl |
Paid Under Agreement
PaidUnderAgreement
|
900000 | usd |
CY2022 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
100000 | usd |
CY2022 | prpl |
Seeks Over Damages
SeeksOverDamages
|
100000 | usd |
CY2022 | prpl |
Photon Judgment
PhotonJudgment
|
4000000 | usd |
CY2022Q3 | prpl |
Against Numerous Entities Description
AgainstNumerousEntitiesDescription
|
Purple LLC filed a complaint with the U.S. International Trade Commission (“ITC”) against numerous entities and individuals from the People’s Republic of China and South Korea (“Respondents”) that have been violating Purple’s intellectual property rights related to pillow and seat cushion products. The complaint alleges that the proposed Respondents are violating 19 U.S.C. § 1337 (“Section 337”) by importing into the United States, selling for importation into the United States, and/or selling in the United States after importation pillow and seat cushion products that infringe Purple’s trade dress rights or otherwise constitute unfair competition, infringe a certain Purple design patent, infringe Purple trademarks, and/or infringe Purple utility patents. The complaint requests at least the following relief: (i) a General Exclusion Order excluding from entry into the United States all pillow and seat cushion products that infringe any asserted Purple intellectual property right; (ii) Limited Exclusion Orders excluding from entry into the United States all pillow and cushion products of the proposed Respondents named in the complaint that infringe any asserted Purple intellectual property right; and (iii) Cease and Desist Orders against the proposed Respondents named in the complaint barring them from marketing, selling, advertising, or distributing infringing products in the United States, including via on-line retailers. On September 6, 2022, the ITC instituted Investigation No. 337-TA-1328 in response to Purple LLC’s complaint. The ITC Administrative Law Judge set a Procedural Schedule for the Investigation that includes an April 12–14, 2023, Evidentiary Hearing and an October 12, 2023, Target Date for completion of the Investigation. | |
CY2022Q3 | prpl |
Against Numerous Entities Description
AgainstNumerousEntitiesDescription
|
, LLC v. Bedmate-U Co., Ltd., against numerous entities and individuals from the People’s Republic of China and South Korea (“Respondents”). The complaint alleges that the Respondents have (a) violated Lanham Act § 43(a), 15 U.S.C. § 1125(a) by committing acts of trade dress infringement; (b) infringed U.S. Trademark Registration No. 5,661,556; (c) infringed U.S. Trademark Registration No. 6,551,053; (d) violated Lanham Act § 43(a), 15 U.S.C. § 1125(a) by committing acts of trademark infringement; (e) infringed U.S. Patent No. D909,092; (f) infringed U.S. Patent No. 10,772,445; (g) infringed U.S. Patent No. 10,863,837; (h) violated Utah Unfair Competition Act, Utah Code § 13-5a-101 et seq.; and/or (i) committed common law unfair competition. | |
CY2022 | us-gaap |
Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
|
500000 | usd |
CY2021 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
600000 | usd |
CY2022Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2022Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2022Q3 | us-gaap |
Preferred Units Issued
PreferredUnitsIssued
|
300000 | shares |
CY2021 | prpl |
Warrants Issued
WarrantsIssued
|
6600000 | shares |
CY2021 | prpl |
Cash Proceedss
CashProceedss
|
100000 | usd |
CY2021 | prpl |
Warrants Outstanding Shares
WarrantsOutstandingShares
|
1900000 | shares |
CY2021 | prpl |
Combined Nci Percentage
CombinedNCIPercentage
|
0.007 | pure |
CY2022 | prpl |
Tax Receivable Agreement Liabilities
TaxReceivableAgreementLiabilities
|
usd | |
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-89689000 | usd |
CY2021 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
4031000 | usd |
CY2020 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-236867000 | usd |
CY2021 | us-gaap |
Fair Value Liabilities Measured On Recurring Basis Debt Instrument Valuation Techniques Change In Technique Quantification Of Effect
FairValueLiabilitiesMeasuredOnRecurringBasisDebtInstrumentValuationTechniquesChangeInTechniqueQuantificationOfEffect
|
-24054000 | usd |
CY2021 | us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
160000 | usd |
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-89689000 | usd |
CY2021 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-20183000 | usd |
CY2020 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-236867000 | usd |
CY2022 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
81779000 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
65928000 | shares |
CY2020 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
39219000 | shares |
CY2021 | prpl |
Add Dilutive Effect Of Warrants
AddDilutiveEffectOfWarrants
|
920000 | shares |
CY2021 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
454000 | shares |
CY2022 | us-gaap |
Weighted Average Number Basic Shares Outstanding Adjustment Pro Forma
WeightedAverageNumberBasicSharesOutstandingAdjustmentProForma
|
81779000 | shares |
CY2021 | us-gaap |
Weighted Average Number Basic Shares Outstanding Adjustment Pro Forma
WeightedAverageNumberBasicSharesOutstandingAdjustmentProForma
|
67302000 | shares |
CY2020 | us-gaap |
Weighted Average Number Basic Shares Outstanding Adjustment Pro Forma
WeightedAverageNumberBasicSharesOutstandingAdjustmentProForma
|
39219000 | shares |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.1 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.06 | |
CY2020 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-6.04 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.1 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.3 | |
CY2020 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-6.04 | |
us-gaap |
Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
|
3500000 | usd | |
CY2022 | prpl |
Paired Securities Convertible Amount
PairedSecuritiesConvertibleAmount
|
400000 | shares |
CY2022 | prpl |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plan
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlan
|
1400000 | usd |
CY2022Q4 | us-gaap |
Restricted Investments At Fair Value
RestrictedInvestmentsAtFairValue
|
700000 | usd |
CY2021 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
|
P5Y | |
CY2020 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
|
P5Y | |
CY2021 | prpl |
Recorded Restricted Stock Unit Expense
RecordedRestrictedStockUnitExpense
|
2400000 | usd |
CY2019Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2136000 | shares |
CY2019Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
6.95 | |
CY2020 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
|
P4Y3M18D | |
CY2019Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
3752000 | usd |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
488000 | shares |
CY2020 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
16.26 | |
CY2020 | prpl |
Stock Issued During Period Share Stock Options Exercised
StockIssuedDuringPeriodShareStockOptionsExercised
|
281000 | shares |
CY2020 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
7.68 | |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
109000 | shares |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
10.8 | |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2234000 | shares |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
8.71 | |
CY2020 | prpl |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Contractual Term
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageContractualTerm
|
P3Y6M | |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
54133000 | usd |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
234000 | shares |
CY2021 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
24.85 | |
CY2021 | prpl |
Stock Issued During Period Share Stock Options Exercised
StockIssuedDuringPeriodShareStockOptionsExercised
|
171000 | shares |
CY2021 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
8.26 | |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
745000 | shares |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
14.02 | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
1552000 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
8.65 | |
CY2021 | prpl |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Contractual Term
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageContractualTerm
|
P1Y10M24D | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
8667000 | usd |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
594000 | shares |
CY2022 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
6.82 | |
CY2022 | prpl |
Stock Issued During Period Share Stock Options Exercised
StockIssuedDuringPeriodShareStockOptionsExercised
|
20000 | shares |
CY2022 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
8.32 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
1307000 | shares |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
7.8 | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
819000 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
8.68 | |
CY2022 | prpl |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Contractual Term
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageContractualTerm
|
P2Y3M18D | |
CY2021 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P1Y10M24D | |
CY2022 | prpl |
Taxable Incomes
TaxableIncomes
|
Income tax (benefit) expense for the years ended December 31, 2022, 2021 and 2020 consist of the following (in thousands): | |
CY2020 | us-gaap |
Noncontrolling Interest In Net Income Loss Other Noncontrolling Interests Nonredeemable
NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsNonredeemable
|
-117000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
34014000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
843000 | usd |
CY2022Q4 | prpl |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Numbers
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumbers
|
819000 | shares |
CY2022 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P2Y3M18D | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
512000 | shares |
CY2022 | prpl |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm
|
P1Y6M | |
CY2022 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
700000 | usd |
CY2021 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2100000 | usd |
CY2020 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1300000 | usd |
CY2021 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
1300000 | usd |
CY2021 | prpl |
Remaining Recognition Period
RemainingRecognitionPeriod
|
P1Y7M6D | |
CY2022 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
200000 | usd |
CY2021 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
1400000 | usd |
CY2020 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
2000000 | usd |
CY2022 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
|
400000 | usd |
CY2021 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
|
1600000 | usd |
CY2020 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
|
4500000 | usd |
CY2021 | prpl |
Restricted Stock Granted
RestrictedStockGranted
|
200000 | shares |
CY2022 | prpl |
Weighted Average Grant Date Fair Value
WeightedAverageGrantDateFairValue
|
3.71 | |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
|
16.28 | |
CY2022 | prpl |
Fair Value Of Trading Price Of Common Stock On Measurement Date
FairValueOfTradingPriceOfCommonStockOnMeasurementDate
|
5.33 | |
CY2021 | prpl |
Fair Value Of Trading Price Of Common Stock On Measurement Date
FairValueOfTradingPriceOfCommonStockOnMeasurementDate
|
24.88 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0289 | pure |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0043 | pure |
CY2022 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P2Y10M24D | |
CY2021 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P2Y8M12D | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
|
0.851 | pure |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
|
0.77 | pure |
CY2022 | prpl |
Recorded Restricted Stock Unit Expense
RecordedRestrictedStockUnitExpense
|
4900000 | usd |
CY2022 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P2Y2M12D | |
CY2022 | prpl |
Total Noncash Stock Compensation And Associated Line Item On Statement Of Operations
TotalNoncashStockCompensationAndAssociatedLineItemOnStatementOfOperations
|
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="10" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Years Ended December 31,</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2022</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2021</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2020</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: justify">Cost of revenues</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">305</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">303</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">169</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: transparent"> <td style="text-align: justify">Marketing and sales</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">863</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">541</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">302</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">General and administrative</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,033</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,472</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,353</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: transparent"> <td style="text-align: justify; padding-bottom: 1.5pt">Research and development</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">165</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">50</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">361</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 4pt">Total non-cash stock compensation</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">3,366</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">3,366</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">2,185</td><td style="padding-bottom: 4pt; text-align: left"> </td></tr> </table> | |
CY2022 | us-gaap |
Stock Granted During Period Value Sharebased Compensation Gross
StockGrantedDuringPeriodValueSharebasedCompensationGross
|
3366000 | usd |
CY2021 | us-gaap |
Stock Granted During Period Value Sharebased Compensation Gross
StockGrantedDuringPeriodValueSharebasedCompensationGross
|
3366000 | usd |
CY2020 | us-gaap |
Stock Granted During Period Value Sharebased Compensation Gross
StockGrantedDuringPeriodValueSharebasedCompensationGross
|
2185000 | usd |
CY2022 | us-gaap |
General Discussion Of Pension And Other Postretirement Benefits
GeneralDiscussionOfPensionAndOtherPostretirementBenefits
|
The plan provides for Company matching of employee contributions up to 5% of eligible earnings. | |
CY2022 | prpl |
Defined Contribution Plan Cost Recognized1
DefinedContributionPlanCostRecognized1
|
3600000 | usd |
CY2021 | prpl |
Defined Contribution Plan Cost Recognized1
DefinedContributionPlanCostRecognized1
|
3200000 | usd |
CY2020 | prpl |
Defined Contribution Plan Cost Recognized1
DefinedContributionPlanCostRecognized1
|
2300000 | usd |
CY2022 | us-gaap |
Revenues
Revenues
|
575692000 | usd |
CY2021 | us-gaap |
Revenues
Revenues
|
726227000 | usd |
CY2020 | us-gaap |
Revenues
Revenues
|
648471000 | usd |
CY2020 | prpl |
United States
UnitedStates
|
-642718000 | usd |
CY2020 | prpl |
International
International
|
-5753000 | usd |
CY2020 | prpl |
Total Revenue Net
TotalRevenueNet
|
648471000 | usd |
CY2022 | prpl |
Accounts Receivable Percentage
AccountsReceivablePercentage
|
0.52 | pure |
CY2021 | prpl |
Accounts Receivable Percentage
AccountsReceivablePercentage
|
0.41 | pure |
CY2022 | prpl |
Net Revenue Percentage
NetRevenuePercentage
|
0.15 | pure |
CY2021 | prpl |
Net Revenue Percentage
NetRevenuePercentage
|
0.15 | pure |
CY2020 | prpl |
Net Revenue Percentage
NetRevenuePercentage
|
0.15 | pure |
CY2022Q4 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | usd |
CY2022Q4 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
122900000 | usd |
CY2021Q4 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
2700000 | usd |
CY2020Q4 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
273500000 | usd |
CY2022 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
-1029000 | usd |
CY2021 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
1692000 | usd |
CY2020 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
1112000 | usd |
CY2022 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
345000 | usd |
CY2021 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
699000 | usd |
CY2020 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
951000 | usd |
CY2022 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
-684000 | usd |
CY2021 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
2391000 | usd |
CY2020 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
2063000 | usd |
CY2022 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
168936000 | usd |
CY2021 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
-6436000 | usd |
CY2020 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
-35747000 | usd |
CY2022 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
44612000 | usd |
CY2021 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
2828000 | usd |
CY2020 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-10065000 | usd |
CY2022 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
213548000 | usd |
CY2021 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
-3608000 | usd |
CY2020 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
-45812000 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
212864000 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-1217000 | usd |
CY2020 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-43749000 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
25817000 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
557000 | usd |
CY2020 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-57441000 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
293000 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-771000 | usd |
CY2020 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
499000 | usd |
CY2022 | us-gaap |
Noncontrolling Interest In Net Income Loss Other Noncontrolling Interests Nonredeemable
NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsNonredeemable
|
56000 | usd |
CY2021 | us-gaap |
Noncontrolling Interest In Net Income Loss Other Noncontrolling Interests Nonredeemable
NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsNonredeemable
|
-420000 | usd |
CY2020Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
1518000 | usd |
CY2022 | us-gaap |
Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
|
-912000 | usd |
CY2021 | us-gaap |
Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
|
-5051000 | usd |
CY2020 | us-gaap |
Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
|
50537000 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
189035000 | usd |
CY2020 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-35531000 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
2527000 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
3287000 | usd |
CY2020 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
40000 | usd |
CY2022Q4 | prpl |
Research And Development Tax Credits
ResearchAndDevelopmentTaxCredits
|
-1763000 | usd |
CY2022 | us-gaap |
Interest Income Other
InterestIncomeOther
|
29834000 | usd |
CY2021 | us-gaap |
Interest Income Other
InterestIncomeOther
|
1834000 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
531000 | usd |
CY2022Q4 | prpl |
Stockbased Compensation
StockbasedCompensation
|
2303 | usd |
CY2021Q4 | prpl |
Stockbased Compensation
StockbasedCompensation
|
-330000 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
-312000 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
-11000 | usd |
CY2020 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
-218000 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
212864000 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-1217000 | usd |
CY2020 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-43749000 | usd |
CY2022 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
130298000 | usd |
CY2021 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
203393000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
100413000 | usd |
CY2021Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
69859000 | usd |
CY2022Q4 | us-gaap |
Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
|
449000 | usd |
CY2021Q4 | us-gaap |
Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
|
478000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
874000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
722000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
|
1573000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
|
548000 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Research And Development
IncomeTaxReconciliationNondeductibleExpenseResearchAndDevelopment
|
1389000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Charitable Contribution Carryforwards
DeferredTaxAssetsCharitableContributionCarryforwards
|
77000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
32681000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
12650000 | usd |
CY2022Q4 | prpl |
Total Net Deferred Income Tax Asset
TotalNetDeferredIncomeTaxAsset
|
267754000 | usd |
CY2021Q4 | prpl |
Total Net Deferred Income Tax Asset
TotalNetDeferredIncomeTaxAsset
|
287650000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
267754000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
69859000 | usd |
CY2021Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
217791000 | usd |
CY2020Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
35500000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
176900000 | usd |
CY2022Q4 | srt |
Financing Receivable Allowance For Credit Loss To Nonaccrual Percent
FinancingReceivableAllowanceForCreditLossToNonaccrualPercent
|
0.80 | pure |
CY2022Q4 | srt |
Financing Receivable Nonaccrual To Outstanding Percent
FinancingReceivableNonaccrualToOutstandingPercent
|
0.80 | pure |
CY2022Q4 | us-gaap |
Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
|
0 | usd |
CY2022 | us-gaap |
Amount Recognized In Net Periodic Benefit Cost And Other Comprehensive Income Loss Before Tax
AmountRecognizedInNetPeriodicBenefitCostAndOtherComprehensiveIncomeLossBeforeTax
|
162000000 | usd |
CY2022 | us-gaap |
Other Income Disclosure Nonoperating
OtherIncomeDisclosureNonoperating
|
As a result of the initial merger transaction, the subsequent exchanges of 43.6 million Class B Units for Class A common stock as of December 31, 2022 and changes in estimates relating to the expected tax benefits associated with the liability under the agreement, the potential future Tax Receivable Agreement liability was $0.3 million, of which $168.1 million was recorded in the year ended December 31, 2021, offset by a $167.8 million reduction recorded in 2022. The $167.8 million reduction in the 2022 Tax Receivable Agreement liability reflected $162.0 million that was recorded as Tax Receivable Agreement income coupled with a payment of $5.8 million made during the year. | |
CY2022 | prpl |
Estimated Cost
EstimatedCost
|
400000 | shares |
CY2022Q4 | us-gaap |
Income Tax Receivable
IncomeTaxReceivable
|
168800000 | usd |
CY2022 | prpl |
Termination Fee
TerminationFee
|
108500000 | usd |
CY2022 | us-gaap |
Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
|
26300000 | usd |
CY2022Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
25900000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Not Subject To Expiration
DeferredTaxAssetsOperatingLossCarryforwardsNotSubjectToExpiration
|
500000 | usd |
CY2022 | us-gaap |
Interest Income Nontaxable Investment Security Increase Decrease
InterestIncomeNontaxableInvestmentSecurityIncreaseDecrease
|
6300000 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
|
900000 | usd |
CY2022 | us-gaap |
Leveraged Leases Income Statement Investment Tax Credit Recognized On Leveraged Leases
LeveragedLeasesIncomeStatementInvestmentTaxCreditRecognizedOnLeveragedLeases
|
700000 | usd |
CY2022 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
800000 | usd |
CY2022Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
usd | |
CY2022Q4 | prpl |
Tax Receivable Agreement Liability
TaxReceivableAgreementLiability
|
usd | |
CY2021Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2021Q4 | prpl |
Common Stock Value2
CommonStockValue2
|
usd | |
CY2020 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
usd | |
CY2022 | prpl |
Paidinkind Interest
PaidinkindInterest
|
usd | |
CY2021 | prpl |
Paidinkind Interest
PaidinkindInterest
|
usd | |
CY2022 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
usd | |
CY2021 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
usd | |
CY2021 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
usd | |
CY2021 | us-gaap |
Gains Losses On Extinguishment Of Debt Before Write Off Of Deferred Debt Issuance Cost
GainsLossesOnExtinguishmentOfDebtBeforeWriteOffOfDeferredDebtIssuanceCost
|
usd | |
CY2020 | us-gaap |
Gains Losses On Extinguishment Of Debt Before Write Off Of Deferred Debt Issuance Cost
GainsLossesOnExtinguishmentOfDebtBeforeWriteOffOfDeferredDebtIssuanceCost
|
usd | |
CY2021 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
usd | |
CY2020 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
usd | |
CY2021 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
usd | |
CY2021 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
usd | |
CY2021 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
usd | |
CY2022 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
usd | |
CY2021 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
usd | |
CY2022 | prpl |
Proceeds From Inno Hold Indemnification Payment
ProceedsFromInnoHoldIndemnificationPayment
|
usd | |
CY2022 | prpl |
Distributions
Distributions
|
usd | |
CY2022 | prpl |
Deferred Income Taxes
DeferredIncomeTaxes
|
usd | |
CY2022 | prpl |
Exercise Of Liability Warrants
ExerciseOfLiabilityWarrants
|
usd | |
CY2021 | prpl |
Fair Value Measurement With Fair Value Transfer To Level1 Measuremen
FairValueMeasurementWithFairValueTransferToLevel1Measuremen
|
usd | |
CY2022 | prpl |
Fair Value Measurement With Fair Value Transfer To Level1 Measuremen
FairValueMeasurementWithFairValueTransferToLevel1Measuremen
|
usd | |
CY2022 | prpl |
Fair Value Of Warrants Exercised
FairValueOfWarrantsExercised
|
usd | |
CY2022Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
usd | |
CY2022Q4 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
usd | |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Rolling Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo
|
usd | |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Rolling Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearThree
|
usd | |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Rolling Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFive
|
usd | |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Rolling Year Four And Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFourAndFive
|
usd | |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Rolling After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingAfterYearFive
|
usd | |
CY2022Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
shares | |
CY2022 | us-gaap |
Fair Value Liabilities Measured On Recurring Basis Debt Instrument Valuation Techniques Change In Technique Quantification Of Effect
FairValueLiabilitiesMeasuredOnRecurringBasisDebtInstrumentValuationTechniquesChangeInTechniqueQuantificationOfEffect
|
usd | |
CY2020 | us-gaap |
Fair Value Liabilities Measured On Recurring Basis Debt Instrument Valuation Techniques Change In Technique Quantification Of Effect
FairValueLiabilitiesMeasuredOnRecurringBasisDebtInstrumentValuationTechniquesChangeInTechniqueQuantificationOfEffect
|
usd | |
CY2022 | us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
usd | |
CY2020 | us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
usd | |
CY2022 | prpl |
Add Dilutive Effect Of Warrants
AddDilutiveEffectOfWarrants
|
shares | |
CY2020 | prpl |
Add Dilutive Effect Of Warrants
AddDilutiveEffectOfWarrants
|
shares | |
CY2022 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
shares | |
CY2020 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
shares | |
CY2020 | prpl |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period To Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodToIntrinsicValue
|
usd | |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
usd | |
CY2020 | prpl |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodTotalIntrinsicValue
|
usd | |
CY2021 | prpl |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period To Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodToIntrinsicValue
|
usd | |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
usd | |
CY2021 | prpl |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodTotalIntrinsicValue
|
usd | |
CY2022 | prpl |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period To Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodToIntrinsicValue
|
usd | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
usd | |
CY2022 | prpl |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodTotalIntrinsicValue
|
usd | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
usd | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Expected Dividend
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageExpectedDividend
|
usd | |
CY2022 | prpl |
Related Tax Benefits
RelatedTaxBenefits
|
usd | |
CY2021 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
usd | |
CY2020 | us-gaap |
Interest Income Other
InterestIncomeOther
|
usd | |
CY2022 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
usd | |
CY2020 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
usd | |
CY2020Q4 | prpl |
Stockbased Compensation
StockbasedCompensation
|
usd | |
CY2022 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2022 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2022 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001643953 |