2024 Q4 Form 10-Q Financial Statement
#000179478324000100 Filed on November 04, 2024
Income Statement
Concept | 2024 Q4 | 2024 Q3 |
---|---|---|
Revenue | $292.3M | |
YoY Change | 25.58% | |
Cost Of Revenue | $129.5M | |
YoY Change | 54.18% | |
Gross Profit | $162.7M | |
YoY Change | 9.42% | |
Gross Profit Margin | 55.68% | |
Selling, General & Admin | $36.15M | |
YoY Change | 26.09% | |
% of Gross Profit | 22.21% | |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $5.599M | |
YoY Change | -6.51% | |
% of Gross Profit | 3.44% | |
Operating Expenses | $36.15M | |
YoY Change | -85.19% | |
Operating Profit | -$11.98M | |
YoY Change | -46.57% | |
Interest Expense | $23.03M | |
YoY Change | 7.64% | |
% of Operating Profit | ||
Other Income/Expense, Net | -$12.00K | |
YoY Change | -68.42% | |
Pretax Income | -$35.02M | |
YoY Change | -20.14% | |
Income Tax | $9.500M | |
% Of Pretax Income | ||
Net Earnings | -$44.55M | |
YoY Change | 43.46% | |
Net Earnings / Revenue | -15.24% | |
Basic Earnings Per Share | -$0.26 | |
Diluted Earnings Per Share | -$0.26 | |
COMMON SHARES | ||
Basic Shares Outstanding | 171.5M shares | 171.4M shares |
Diluted Shares Outstanding | 170.4M shares |
Balance Sheet
Concept | 2024 Q4 | 2024 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $10.44M | |
YoY Change | -78.47% | |
Cash & Equivalents | $10.44M | |
Short-Term Investments | ||
Other Short-Term Assets | $20.14M | |
YoY Change | 23.12% | |
Inventory | ||
Prepaid Expenses | ||
Receivables | $99.53M | |
Other Receivables | $176.8M | |
Total Short-Term Assets | $306.9M | |
YoY Change | -10.03% | |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $40.78M | |
YoY Change | -14.32% | |
Goodwill | $29.44M | |
YoY Change | 1.04% | |
Intangibles | $9.162M | |
YoY Change | -2.97% | |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $3.359M | |
YoY Change | -82.23% | |
Total Long-Term Assets | $840.0M | |
YoY Change | 1.32% | |
TOTAL ASSETS | ||
Total Short-Term Assets | $306.9M | |
Total Long-Term Assets | $840.0M | |
Total Assets | $1.147B | |
YoY Change | -1.99% | |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $51.11M | |
YoY Change | 59.89% | |
Accrued Expenses | $64.91M | |
YoY Change | 6.06% | |
Deferred Revenue | $2.952M | |
YoY Change | -48.72% | |
Short-Term Debt | $0.00 | |
YoY Change | ||
Long-Term Debt Due | $43.29M | |
YoY Change | 27.76% | |
Total Short-Term Liabilities | $166.7M | |
YoY Change | 21.94% | |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $637.2M | |
YoY Change | -3.63% | |
Other Long-Term Liabilities | $2.954M | |
YoY Change | 3.87% | |
Total Long-Term Liabilities | $640.1M | |
YoY Change | -3.6% | |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $166.7M | |
Total Long-Term Liabilities | $640.1M | |
Total Liabilities | $877.4M | |
YoY Change | 2.82% | |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$314.3M | |
YoY Change | 17.86% | |
Common Stock | $1.715M | |
YoY Change | 2.27% | |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $269.4M | |
YoY Change | ||
Total Liabilities & Shareholders Equity | $1.147B | |
YoY Change | -1.99% |
Cashflow Statement
Concept | 2024 Q4 | 2024 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$44.55M | |
YoY Change | 43.46% | |
Depreciation, Depletion And Amortization | $5.599M | |
YoY Change | -6.51% | |
Cash From Operating Activities | -$16.61M | |
YoY Change | -29.83% | |
INVESTING ACTIVITIES | ||
Capital Expenditures | $442.0K | |
YoY Change | -28.25% | |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $0.00 | |
YoY Change | -100.0% | |
Cash From Investing Activities | -$2.574M | |
YoY Change | 20.0% | |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -$13.06M | |
YoY Change | 47.53% | |
NET CHANGE | ||
Cash From Operating Activities | -$16.61M | |
Cash From Investing Activities | -$2.574M | |
Cash From Financing Activities | -$13.06M | |
Net Change In Cash | -$32.25M | |
YoY Change | -6.99% | |
FREE CASH FLOW | ||
Cash From Operating Activities | -$16.61M | |
Capital Expenditures | $442.0K | |
Free Cash Flow | -$17.05M | |
YoY Change | -29.79% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2024Q3 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2024-09-30 | |
CY2024Q3 | dei |
Entity Address City Or Town
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|
Overland Park | |
CY2024Q3 | dei |
Document Fiscal Year Focus
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2025 | |
CY2024Q3 | dei |
Document Fiscal Period Focus
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Q1 | |
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SelectQuote, Inc. | |
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DE | |
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6800 West 115th Street | |
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Suite 2511 | |
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913 | |
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599-9225 | |
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|
-31051000 | usd |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
841000 | usd |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
2851000 | usd |
CY2023Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
|
3175000 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
316738000 | usd |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-44546000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-31051000 | usd |
CY2024Q3 | us-gaap |
Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
|
5599000 | usd |
CY2023Q3 | us-gaap |
Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
|
5989000 | usd |
CY2024Q3 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-68000 | usd |
CY2023Q3 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-9000 | usd |
CY2024Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3846000 | usd |
CY2023Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3175000 | usd |
CY2024Q3 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
9526000 | usd |
CY2023Q3 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
-13049000 | usd |
CY2024Q3 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
1064000 | usd |
CY2023Q3 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
1612000 | usd |
CY2024Q3 | us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
5289000 | usd |
CY2023Q3 | us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
3622000 | usd |
CY2024Q3 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
903000 | usd |
CY2023Q3 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
784000 | usd |
CY2024Q3 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-50501000 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-38693000 | usd |
CY2024Q3 | us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
38466000 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
29148000 | usd |
CY2024Q3 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
3516000 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
2027000 | usd |
CY2024Q3 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
12761000 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
5257000 | usd |
CY2024Q3 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-1127000 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-1498000 | usd |
CY2024Q3 | us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
-18512000 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
-6039000 | usd |
CY2024Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-16610000 | usd |
CY2023Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-23671000 | usd |
CY2024Q3 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
442000 | usd |
CY2023Q3 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
616000 | usd |
CY2024Q3 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
0 | usd |
CY2023Q3 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
253000 | usd |
CY2024Q3 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
2132000 | usd |
CY2023Q3 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
1782000 | usd |
CY2024Q3 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2574000 | usd |
CY2023Q3 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2145000 | usd |
CY2024Q3 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
8471000 | usd |
CY2023Q3 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
8471000 | usd |
CY2024Q3 | us-gaap |
Repayments Of Other Debt
RepaymentsOfOtherDebt
|
30000 | usd |
CY2023Q3 | us-gaap |
Repayments Of Other Debt
RepaymentsOfOtherDebt
|
37000 | usd |
CY2024Q3 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
38000 | usd |
CY2023Q3 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
0 | usd |
CY2024Q3 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
3915000 | usd |
CY2023Q3 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
346000 | usd |
CY2024Q3 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
684000 | usd |
CY2023Q3 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | usd |
CY2024Q3 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-13062000 | usd |
CY2023Q3 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-8854000 | usd |
CY2024Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-32246000 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-34670000 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
42690000 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
83156000 | usd |
CY2024Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
10444000 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
48486000 | usd |
CY2024Q3 | us-gaap |
Interest Paid Net
InterestPaidNet
|
17024000 | usd |
CY2023Q3 | us-gaap |
Interest Paid Net
InterestPaidNet
|
17927000 | usd |
CY2024Q3 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
-2224000 | usd |
CY2023Q3 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
-142000 | usd |
CY2024Q3 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
372000 | usd |
CY2023Q3 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
665000 | usd |
CY2024Q3 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">—The preparation of condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of revenues, expenses, assets, and liabilities and disclosure of contingent assets and liabilities. The Company regularly assesses these estimates; however, actual amounts could differ from those estimates. The most significant items involving management’s estimates include estimates of revenue recognition, accounts receivable, net, commissions receivable, the provision for income taxes, share-based </span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">compensation, and valuation of intangible assets and goodwill. The impact of changes in estimates is recorded in the period in which they become known.</span></div> | |
CY2024Q3 | us-gaap |
Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
|
59657000 | usd |
CY2024Q2 | us-gaap |
Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
|
58370000 | usd |
CY2024Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
41466000 | usd |
CY2024Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
39397000 | usd |
CY2024Q3 | us-gaap |
Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
|
18191000 | usd |
CY2024Q2 | us-gaap |
Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
|
18973000 | usd |
CY2024Q3 | us-gaap |
Depreciation
Depreciation
|
2500000 | usd |
CY2023Q3 | us-gaap |
Depreciation
Depreciation
|
3200000 | usd |
CY2024Q3 | us-gaap |
Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
|
27114000 | usd |
CY2024Q2 | us-gaap |
Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
|
28365000 | usd |
CY2024Q3 | us-gaap |
Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
|
12890000 | usd |
CY2024Q2 | us-gaap |
Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
|
14387000 | usd |
CY2024Q3 | us-gaap |
Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
|
14224000 | usd |
CY2024Q2 | us-gaap |
Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
|
13978000 | usd |
CY2024Q3 | us-gaap |
Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
|
2300000 | usd |
CY2023Q3 | us-gaap |
Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
|
2000000 | usd |
CY2024Q3 | us-gaap |
Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
|
2000000 | usd |
CY2023Q3 | us-gaap |
Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
|
2100000 | usd |
CY2024Q3 | slqt |
Finance Lease Number Of Lease
FinanceLeaseNumberOfLease
|
4 | lease |
CY2024Q3 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
98000 | usd |
CY2023Q3 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
43000 | usd |
CY2024Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
1750000 | usd |
CY2023Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
1584000 | usd |
CY2024Q3 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
63000 | usd |
CY2023Q3 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
61000 | usd |
CY2024Q3 | slqt |
Variable Lease Cost Net
VariableLeaseCostNet
|
-147000 | usd |
CY2023Q3 | slqt |
Variable Lease Cost Net
VariableLeaseCostNet
|
-135000 | usd |
CY2024Q3 | us-gaap |
Sublease Income
SubleaseIncome
|
564000 | usd |
CY2023Q3 | us-gaap |
Sublease Income
SubleaseIncome
|
574000 | usd |
CY2024Q3 | us-gaap |
Lease Cost
LeaseCost
|
1494000 | usd |
CY2023Q3 | us-gaap |
Lease Cost
LeaseCost
|
1249000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
5958000 | usd |
CY2024Q3 | us-gaap |
Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
|
369000 | usd |
CY2024Q3 | slqt |
Lease Liability To Be Paid Remainder Of Fiscal Year
LeaseLiabilityToBePaidRemainderOfFiscalYear
|
6327000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
7421000 | usd |
CY2024Q3 | us-gaap |
Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
|
400000 | usd |
CY2024Q3 | slqt |
Lease Liability To Be Paid Year One
LeaseLiabilityToBePaidYearOne
|
7821000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
6536000 | usd |
CY2024Q3 | us-gaap |
Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
|
393000 | usd |
CY2024Q3 | slqt |
Lease Liability To Be Paid Year Two
LeaseLiabilityToBePaidYearTwo
|
6929000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
6049000 | usd |
CY2024Q3 | us-gaap |
Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
|
362000 | usd |
CY2024Q3 | slqt |
Lease Liability To Be Paid Year Three
LeaseLiabilityToBePaidYearThree
|
6411000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
6127000 | usd |
CY2024Q3 | us-gaap |
Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
|
362000 | usd |
CY2024Q3 | slqt |
Lease Liability To Be Paid Year Four
LeaseLiabilityToBePaidYearFour
|
6489000 | usd |
CY2024Q3 | slqt |
Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
|
8827000 | usd |
CY2024Q3 | slqt |
Finance Lease Liability To Be Paid After Year Four
FinanceLeaseLiabilityToBePaidAfterYearFour
|
30000 | usd |
CY2024Q3 | slqt |
Lease Liability To Be Paid After Year Four
LeaseLiabilityToBePaidAfterYearFour
|
8857000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
40918000 | usd |
CY2024Q3 | us-gaap |
Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
|
1916000 | usd |
CY2024Q3 | slqt |
Lease Liability Payment Due
LeaseLiabilityPaymentDue
|
42834000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
11594000 | usd |
CY2024Q3 | us-gaap |
Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
|
491000 | usd |
CY2024Q3 | slqt |
Lease Liability Undiscounted Excess Amount
LeaseLiabilityUndiscountedExcessAmount
|
12085000 | usd |
CY2024Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
29324000 | usd |
CY2024Q3 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
1425000 | usd |
CY2024Q3 | slqt |
Lease Liability
LeaseLiability
|
30749000 | usd |
CY2024Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
|
1915000 | usd |
CY2024Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
|
2587000 | usd |
CY2024Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
|
2180000 | usd |
CY2024Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
|
1931000 | usd |
CY2024Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
|
1931000 | usd |
CY2024Q3 | slqt |
Lessor Operating Lease Payment To Be Received After Year Four
LessorOperatingLeasePaymentToBeReceivedAfterYearFour
|
161000 | usd |
CY2024Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
|
10705000 | usd |
CY2024Q3 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
24614000 | usd |
CY2024Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
15452000 | usd |
CY2024Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
9162000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
24614000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
14420000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
10194000 | usd |
CY2024Q3 | us-gaap |
Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
|
0 | usd |
CY2023Q3 | us-gaap |
Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
|
0 | usd |
CY2024Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1000000 | usd |
CY2023Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
800000 | usd |
CY2024Q3 | us-gaap |
Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
|
P2Y5M19D | |
CY2024 | us-gaap |
Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
|
P2Y8M8D | |
CY2024Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
2979000 | usd |
CY2024Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
3431000 | usd |
CY2024Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
2752000 | usd |
CY2024Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
9162000 | usd |
CY2023Q3 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | usd |
CY2024Q3 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | usd |
CY2024Q3 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
4576000 | usd |
CY2024Q2 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
4869000 | usd |
CY2024Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
680445000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
683334000 | usd |
CY2024Q3 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
43290000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
45854000 | usd |
CY2024Q3 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
637155000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
637480000 | usd |
CY2024Q3 | us-gaap |
Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
|
1300000 | usd |
CY2024Q3 | slqt |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Share Based Compensation Plans
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfShareBasedCompensationPlans
|
2 | plan |
CY2024Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3845000 | usd |
CY2023Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3175000 | usd |
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
0 | shares |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
0 | shares |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
3677964 | shares |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
11.81 | |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
0 | shares |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0 | |
CY2024Q3 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
86643 | shares |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
2.12 | |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
58835 | shares |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
9.91 | |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
3532486 | shares |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
12.08 | |
CY2024Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P6Y2M8D | |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
228000 | usd |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
2780984 | shares |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
13.31 | |
CY2024Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P5Y10M24D | |
CY2024Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
228000 | usd |
CY2024Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
1500000 | usd |
CY2024Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P1Y | |
CY2024Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
292263000 | usd |
CY2023Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
232730000 | usd |
CY2024Q2 | slqt |
Contract With Customer Commissions Receivable Net
ContractWithCustomerCommissionsReceivableNet
|
881317000 | usd |
CY2024Q3 | slqt |
Contract With Customer Commission Revenue Recognized
ContractWithCustomerCommissionRevenueRecognized
|
51077000 | usd |
CY2024Q3 | slqt |
Contract With Customer Commissions Receivable Adjustment Change In Estimate
ContractWithCustomerCommissionsReceivableAdjustmentChangeInEstimate
|
-1121000 | usd |
CY2024Q3 | slqt |
Contract With Customer Transfer To Accounts Receivable
ContractWithCustomerTransferToAccountsReceivable
|
13731000 | usd |
CY2024Q3 | slqt |
Contract With Customer Commissions Receivable Net
ContractWithCustomerCommissionsReceivableNet
|
919784000 | usd |
CY2024Q3 | us-gaap |
Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Estimate Of Transaction Price
ContractWithCustomerAssetCumulativeCatchUpAdjustmentToRevenueChangeInEstimateOfTransactionPrice
|
1100000 | usd |
CY2024Q2 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
8066000 | usd |
CY2024Q3 | slqt |
Contract With Customer Liability Commission Revenue From Revenue Recognized
ContractWithCustomerLiabilityCommissionRevenueFromRevenueRecognized
|
-8619000 | usd |
CY2024Q3 | us-gaap |
Contract With Customer Liability Increase Decrease For Contract Acquired In Business Combination
ContractWithCustomerLiabilityIncreaseDecreaseForContractAcquiredInBusinessCombination
|
3505000 | usd |
CY2024Q3 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
2952000 | usd |
CY2024Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
9500000 | usd |
CY2023Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-12800000 | usd |
CY2024Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.272 | |
CY2023Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.292 | |
CY2024Q3 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
19800000 | usd |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-44546000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-31051000 | usd |
CY2024Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
170431000 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
167453000 | shares |
CY2024Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.26 | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.19 | |
CY2024Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-44546000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-31051000 | usd |
CY2024Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
170431000 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
167453000 | shares |
CY2024Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
CY2023Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
CY2024Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
170431000 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
167453000 | shares |
CY2024Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.26 | |
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.19 | |
CY2024Q3 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
3 | segment |
CY2024Q3 | us-gaap |
Revenues
Revenues
|
292263000 | usd |
CY2024Q3 | slqt |
Adjusted Ebitda
AdjustedEBITDA
|
18562000 | usd |
CY2024Q3 | us-gaap |
Revenue Not From Contract With Customer Other
RevenueNotFromContractWithCustomerOther
|
3797000 | usd |
CY2024Q3 | slqt |
Corporate And Elimination Of Intersegment Profits
CorporateAndEliminationOfIntersegmentProfits
|
24042000 | usd |
CY2024Q3 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
3846000 | usd |
CY2024Q3 | slqt |
Transaction Costs
TransactionCosts
|
826000 | usd |
CY2024Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
5599000 | usd |
CY2024Q3 | slqt |
Gain Loss On Disposal Of Property Equipment And Software Net
GainLossOnDisposalOfPropertyEquipmentAndSoftwareNet
|
35000 | usd |
CY2024Q3 | us-gaap |
Interest Expense
InterestExpense
|
23031000 | usd |
CY2024Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-35020000 | usd |
CY2024Q3 | us-gaap |
Severance Costs1
SeveranceCosts1
|
500000 | usd |
CY2024Q3 | slqt |
Debt Instrument Financing Transaction Costs
DebtInstrumentFinancingTransactionCosts
|
300000 | usd |
CY2023Q3 | us-gaap |
Revenues
Revenues
|
232730000 | usd |
CY2023Q3 | slqt |
Adjusted Ebitda
AdjustedEBITDA
|
6227000 | usd |
CY2023Q3 | us-gaap |
Revenue Not From Contract With Customer Other
RevenueNotFromContractWithCustomerOther
|
3319000 | usd |
CY2023Q3 | slqt |
Corporate And Elimination Of Intersegment Profits
CorporateAndEliminationOfIntersegmentProfits
|
20922000 | usd |
CY2023Q3 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
3175000 | usd |
CY2023Q3 | slqt |
Transaction Costs
TransactionCosts
|
1904000 | usd |
CY2023Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
5989000 | usd |
CY2023Q3 | slqt |
Gain Loss On Disposal Of Property Equipment And Software Net
GainLossOnDisposalOfPropertyEquipmentAndSoftwareNet
|
9000 | usd |
CY2023Q3 | us-gaap |
Interest Expense
InterestExpense
|
21397000 | usd |
CY2023Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-43850000 | usd |
CY2023Q3 | us-gaap |
Severance Costs1
SeveranceCosts1
|
200000 | usd |
CY2023Q3 | slqt |
Debt Instrument Financing Transaction Costs
DebtInstrumentFinancingTransactionCosts
|
1800000 | usd |