2024 Q4 Form 10-Q Financial Statement

#000179478324000100 Filed on November 04, 2024

View on sec.gov

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

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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

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