2022 Q4 Form 10-K Financial Statement

#000180583323000078 Filed on June 06, 2023

View on sec.gov

Income Statement

Concept 2022 Q4 2021
Revenue $186.9M $688.4M
YoY Change -6.48% 44.63%
Cost Of Revenue $128.2M $521.1M
YoY Change -17.47% 52.82%
Gross Profit $58.70M $167.3M
YoY Change 31.84% 23.93%
Gross Profit Margin 31.42% 24.3%
Selling, General & Admin $62.76M $102.6M
YoY Change 88.11% 30.6%
% of Gross Profit 106.92% 61.31%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $28.52M $13.89M
YoY Change 105.43% 0.38%
% of Gross Profit 48.59% 8.3%
Operating Expenses $91.29M $116.4M
YoY Change 146.79% 26.08%
Operating Profit -$32.59M -$13.33M
YoY Change -532.33% -131.27%
Interest Expense -$9.939M -$16.87M
YoY Change 138.8% -30.72%
% of Operating Profit
Other Income/Expense, Net $10.36M $34.35M
YoY Change
Pretax Income -$398.5M $33.96M
YoY Change -11906.61% 85.87%
Income Tax -$69.50M $965.0K
% Of Pretax Income 2.84%
Net Earnings -$242.2M $21.03M
YoY Change -7879.18% -67.02%
Net Earnings / Revenue -129.6% 3.05%
Basic Earnings Per Share
Diluted Earnings Per Share -$2.25 $387.5K
COMMON SHARES
Basic Shares Outstanding 91.46M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q4 2021
SHORT-TERM ASSETS
Cash & Short-Term Investments $24.61M $47.90M
YoY Change -48.63% 65.08%
Cash & Equivalents $24.61M $47.90M
Short-Term Investments
Other Short-Term Assets $20.98M $7.689M
YoY Change 172.79% 154.94%
Inventory
Prepaid Expenses
Receivables $80.93M $90.20M
Other Receivables $0.00 $0.00
Total Short-Term Assets $126.5M $145.8M
YoY Change -13.22% 41.31%
LONG-TERM ASSETS
Property, Plant & Equipment $4.022M $830.0K
YoY Change 384.58% -21.48%
Goodwill $515.6M
YoY Change 1050.36%
Intangibles $492.7M
YoY Change 878.17%
Long-Term Investments
YoY Change
Other Assets $2.822M $1.423M
YoY Change -10.38%
Total Long-Term Assets $1.034B $111.1M
YoY Change 830.45% -3.8%
TOTAL ASSETS
Total Short-Term Assets $126.5M $145.8M
Total Long-Term Assets $1.034B $111.1M
Total Assets $1.160B $256.9M
YoY Change 351.7% 17.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.07M $72.85M
YoY Change -83.43% 39.81%
Accrued Expenses $90.19M $16.69M
YoY Change 762.89% 138.01%
Deferred Revenue $70.16M
YoY Change 3459.82%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $20.00M $170.5M
YoY Change -88.27% 1718.36%
Total Short-Term Liabilities $210.3M $276.6M
YoY Change -23.96% 243.47%
LONG-TERM LIABILITIES
Long-Term Debt $399.5M $0.00
YoY Change -100.0%
Other Long-Term Liabilities $5.027M $8.758M
YoY Change 418.78% -44.57%
Total Long-Term Liabilities $5.027M $8.758M
YoY Change 418.78% -95.3%
TOTAL LIABILITIES
Total Short-Term Liabilities $210.3M $276.6M
Total Long-Term Liabilities $5.027M $8.758M
Total Liabilities $687.7M $285.3M
YoY Change 141.02% 6.89%
SHAREHOLDERS EQUITY
Retained Earnings -$445.3M
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $384.0M -$28.40M
YoY Change
Total Liabilities & Shareholders Equity $1.160B $256.9M
YoY Change 351.7% 17.48%

Cashflow Statement

Concept 2022 Q4 2021
OPERATING ACTIVITIES
Net Income -$242.2M $21.03M
YoY Change -7879.18% -67.02%
Depreciation, Depletion And Amortization $28.52M $13.89M
YoY Change 105.43% 0.38%
Cash From Operating Activities $2.683M -$1.240M
YoY Change -87.43% -102.67%
INVESTING ACTIVITIES
Capital Expenditures $1.915M -$6.535M
YoY Change -217.2% 6.59%
Acquisitions $0.00
YoY Change
Other Investing Activities $1.331M $0.00
YoY Change -100.0%
Cash From Investing Activities -$584.0K -$6.535M
YoY Change -64.26% -109.59%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -5.177M 450.0K
YoY Change -25.51% -100.35%
NET CHANGE
Cash From Operating Activities 2.683M -1.240M
Cash From Investing Activities -584.0K -6.535M
Cash From Financing Activities -5.177M 450.0K
Net Change In Cash -3.078M -790.5K
YoY Change -124.14% -94.08%
FREE CASH FLOW
Cash From Operating Activities $2.683M -$1.240M
Capital Expenditures $1.915M -$6.535M
Free Cash Flow $768.0K $5.295M
YoY Change -96.66% -89.95%

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ORGANIZATION AND DESCRIPTION OF BUSINESS<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">System1, Inc. and subsidiaries (“System1” or the “Company”) operates an omnichannel customer acquisition platform, delivering high-intent customers to advertisers and sells antivirus software packages to end user customers.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company provides its omnichannel customer acquisition platform services through its proprietary responsive acquisition marketing platform </span><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(“RAMP”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. Operating seamlessly across major advertising networks and advertising category verticals to acquire users, RAMP allows the Company to monetize such users through its relationships with third party advertisers and advertising networks </span><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(“A</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">dvertising Partners</span><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. RAMP also allows third party advertising platforms and publishers </span><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(“</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Network Partners</span><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, to send user traffic to, and monetize user traffic on, the Company’s owned and operated websites. RAMP operates across the Company’s network of owned and operated websites and related products, allowing it to monetize user traffic that it sources from various acquisition marketing channels, including Google, Facebook, Taboola and Zemanta.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">The Company, through its wholly owned subsidiary Protected.net Group Limited, incorporated in England and Wales (“Protected.net</span><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">”</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">), also provides antivirus software solutions, offering its customers a single packaged solution that provides protection and reporting to the end user. The Company delivers its antivirus software solutions directly to end-user customers across the world. The antivirus software solutions product offering comprises a core security package with varying levels of extra protection based on a customer's specific needs.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company’s primary operations are in the United States; and the Company also has operations in Canada, the United Kingdom, and the Netherlands. Operations outside the United States are subject to risks inherent in operating under different legal systems and various political and economic environments. Among these risks are changes in existing tax laws, possible limitations on foreign investment and income repatriation, government foreign exchange controls, and exposure to currency exchange fluctuations. The Company does not engage in hedging activities to mitigate its exposure to fluctuations in foreign currency exchange rates. </span></div><div><span><br/></span></div><div><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">For the purposes of the consolidated financial statements, periods on or before January 26, 2022 reflect the financial position, results of operations and cash flows of S1 Holdco ("S1 Holdco") and its consolidated subsidiaries prior to the Merger (as defined in </span><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Note 3—MERGER</span><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">), referred to herein as the “Predecessor,” and periods beginning on or after January 27, 2022 reflect the financial position, results of operations and cash flows of the Company and its consolidated subsidiaries as a result of the Merger, referred to herein as the “Successor”.</span></div><div><span><br/></span></div><div style="margin-top:0.25pt;padding-left:0.07pt;text-align:justify"><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Going Concern</span></div><div style="text-align:justify;text-indent:18pt"><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of June 1, 2023, the Company had not delivered audited financial statements for the fiscal year ended December 31, 2022 to Bank of America as required by the covenants of the Term Loan (refer to Note 12 – DEBT, NET). The failure to timely deliver the audited financial statements is an event of default under the Term Loan and provides Bank of America the ability to immediately call the outstanding principal balances of the Term Loan and Revolving Facility of $430,000, as of the date of this filing, at the request of, or with the consent of, the required majority of lenders until such time that the audited financial statements are delivered to Bank of America. The Company does not have sufficient liquidity to settle the outstanding principal balances should they be called, nor has the Company identified sufficient alternative sources of capital. As a result, this matter raises substantial doubt about the Company’s ability to continue as a going concern. Upon delivery of the audited financial statements by the Company, the event of default will be remediated and, once remediated, Bank of America will no longer have the ability to call the outstanding principal balances on the Term Loan and Revolving Facility.</span></div><div><span><br/></span></div><div><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Separate from the default under the Term Loan </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">and Revolving Facility</span><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, in the third and fourth quarters of 2022, the Company experienced declining cash flows and financial performance as a result of deteriorating macroeconomic conditions, resulting in reductions in both advertiser and overall consumer demand for our marketing services. As of December 31, 2022, the Company had cash on hand of $24,606. The declining cash flows and financial performance also raised substantial doubt regarding the Company's ability to continue as a going concern for a period of one year following the date that the consolidated financial statements are issued. In response to the declining cash flows, the </span></div><div><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Company implemented a plan to raise additional financing. On April 10, 2023, the Company entered into an incremental revolver note (“2023 Revolving Note”) with related parties for $20,000 (refer to </span><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Note 12—DEBT, NET </span><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">for additional information regarding the 2023 Revolving Note). </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of the date of this filing, the available balance under the 2023 Revolving Note was $15,000.</span></div><div><span><br/></span></div><div><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The consolidated financial statements do not include any adjustments that might result from the outcome of these uncertainties. Accordingly, the consolidated financial statements have been prepared on a basis that assumes the Company will continue as a going concern and which contemplates the realization of assets and satisfaction of liabilities and commitments in the ordinary course of business.</span></div>
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
24606000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 usd
CY2020 sst Deferred Consideration For Acquisition
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CY2022 us-gaap Nature Of Operations
NatureOfOperations
ORGANIZATION AND DESCRIPTION OF BUSINESS<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">System1, Inc. and subsidiaries (“System1” or the “Company”) operates an omnichannel customer acquisition platform, delivering high-intent customers to advertisers and sells antivirus software packages to end user customers.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company provides its omnichannel customer acquisition platform services through its proprietary responsive acquisition marketing platform </span><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(“RAMP”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. Operating seamlessly across major advertising networks and advertising category verticals to acquire users, RAMP allows the Company to monetize such users through its relationships with third party advertisers and advertising networks </span><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(“A</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">dvertising Partners</span><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. RAMP also allows third party advertising platforms and publishers </span><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(“</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Network Partners</span><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, to send user traffic to, and monetize user traffic on, the Company’s owned and operated websites. RAMP operates across the Company’s network of owned and operated websites and related products, allowing it to monetize user traffic that it sources from various acquisition marketing channels, including Google, Facebook, Taboola and Zemanta.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">The Company, through its wholly owned subsidiary Protected.net Group Limited, incorporated in England and Wales (“Protected.net</span><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">”</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">), also provides antivirus software solutions, offering its customers a single packaged solution that provides protection and reporting to the end user. The Company delivers its antivirus software solutions directly to end-user customers across the world. The antivirus software solutions product offering comprises a core security package with varying levels of extra protection based on a customer's specific needs.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company’s primary operations are in the United States; and the Company also has operations in Canada, the United Kingdom, and the Netherlands. Operations outside the United States are subject to risks inherent in operating under different legal systems and various political and economic environments. Among these risks are changes in existing tax laws, possible limitations on foreign investment and income repatriation, government foreign exchange controls, and exposure to currency exchange fluctuations. The Company does not engage in hedging activities to mitigate its exposure to fluctuations in foreign currency exchange rates. </span></div><div><span><br/></span></div><div><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">For the purposes of the consolidated financial statements, periods on or before January 26, 2022 reflect the financial position, results of operations and cash flows of S1 Holdco ("S1 Holdco") and its consolidated subsidiaries prior to the Merger (as defined in </span><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Note 3—MERGER</span><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">), referred to herein as the “Predecessor,” and periods beginning on or after January 27, 2022 reflect the financial position, results of operations and cash flows of the Company and its consolidated subsidiaries as a result of the Merger, referred to herein as the “Successor”.</span></div><div><span><br/></span></div><div style="margin-top:0.25pt;padding-left:0.07pt;text-align:justify"><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Going Concern</span></div><div style="text-align:justify;text-indent:18pt"><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of June 1, 2023, the Company had not delivered audited financial statements for the fiscal year ended December 31, 2022 to Bank of America as required by the covenants of the Term Loan (refer to Note 12 – DEBT, NET). The failure to timely deliver the audited financial statements is an event of default under the Term Loan and provides Bank of America the ability to immediately call the outstanding principal balances of the Term Loan and Revolving Facility of $430,000, as of the date of this filing, at the request of, or with the consent of, the required majority of lenders until such time that the audited financial statements are delivered to Bank of America. The Company does not have sufficient liquidity to settle the outstanding principal balances should they be called, nor has the Company identified sufficient alternative sources of capital. As a result, this matter raises substantial doubt about the Company’s ability to continue as a going concern. Upon delivery of the audited financial statements by the Company, the event of default will be remediated and, once remediated, Bank of America will no longer have the ability to call the outstanding principal balances on the Term Loan and Revolving Facility.</span></div><div><span><br/></span></div><div><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Separate from the default under the Term Loan </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">and Revolving Facility</span><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, in the third and fourth quarters of 2022, the Company experienced declining cash flows and financial performance as a result of deteriorating macroeconomic conditions, resulting in reductions in both advertiser and overall consumer demand for our marketing services. As of December 31, 2022, the Company had cash on hand of $24,606. The declining cash flows and financial performance also raised substantial doubt regarding the Company's ability to continue as a going concern for a period of one year following the date that the consolidated financial statements are issued. In response to the declining cash flows, the </span></div><div><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Company implemented a plan to raise additional financing. On April 10, 2023, the Company entered into an incremental revolver note (“2023 Revolving Note”) with related parties for $20,000 (refer to </span><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Note 12—DEBT, NET </span><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">for additional information regarding the 2023 Revolving Note). </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of the date of this filing, the available balance under the 2023 Revolving Note was $15,000.</span></div><div><span><br/></span></div><div><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The consolidated financial statements do not include any adjustments that might result from the outcome of these uncertainties. Accordingly, the consolidated financial statements have been prepared on a basis that assumes the Company will continue as a going concern and which contemplates the realization of assets and satisfaction of liabilities and commitments in the ordinary course of business.</span></div>
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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24606000 usd
CY2022Q1 us-gaap Operating Lease Liability
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7987000 usd
CY2021Q4 sst Number Of Customers
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2 customer
CY2022Q4 us-gaap Accounts Receivable Noncurrent Threshold Period Past Due
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P30D
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
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6786000 usd
CY2022Q1 us-gaap Operating Lease Liability
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CY2021Q4 sst Number Of Customers
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CY2022 us-gaap Use Of Estimates
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<div><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Use of Estimates</span></div><div style="margin-top:5.75pt"><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the accompanying consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the accompanying consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period.</span></div>Significant estimates and assumptions reflected in these consolidated financial statements include, but are not limited to: (1) valuation of goodwill, acquired intangible assets and long-lived assets, (2) valuation and recognition of the Company's stock-based compensation awards, (3) income taxes, (4) contingent consideration and (5) determination of the fair value of the warrant liabilities. Significant estimates affecting the accompanying consolidated financial statements have been prepared on the basis of the most current and best available information, including historical experience, known trends and other market-specific or other relevant factors that the Company believes to be reasonable. Management evaluates its estimates, as there are changes in circumstances, facts and experience. Changes in estimates are recorded in periods which they become known. However, actual results from the resolution of such estimates and assumptions may vary from those used in the preparation of the accompanying consolidated financial statements.
CY2022 us-gaap Use Of Estimates
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<div><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Use of Estimates</span></div><div style="margin-top:5.75pt"><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the accompanying consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the accompanying consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period.</span></div>Significant estimates and assumptions reflected in these consolidated financial statements include, but are not limited to: (1) valuation of goodwill, acquired intangible assets and long-lived assets, (2) valuation and recognition of the Company's stock-based compensation awards, (3) income taxes, (4) contingent consideration and (5) determination of the fair value of the warrant liabilities. Significant estimates affecting the accompanying consolidated financial statements have been prepared on the basis of the most current and best available information, including historical experience, known trends and other market-specific or other relevant factors that the Company believes to be reasonable. Management evaluates its estimates, as there are changes in circumstances, facts and experience. Changes in estimates are recorded in periods which they become known. However, actual results from the resolution of such estimates and assumptions may vary from those used in the preparation of the accompanying consolidated financial statements.
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
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CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
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CY2022Q4 us-gaap Accounts Receivable Noncurrent Threshold Period Past Due
AccountsReceivableNoncurrentThresholdPeriodPastDue
P30D
CY2022Q4 sst Business Acquisition Percentage Of Allocation And Payment From Savings
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0.85
CY2022Q4 sst Business Acquisition Percentage Of Allocation And Payment From Savings
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0.85
CY2022 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
1
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
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7706000 usd
CY2022Q1 us-gaap Selling General And Administrative Expense
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661000 usd
CY2022 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
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1
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
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7706000 usd
CY2022Q1 us-gaap Selling General And Administrative Expense
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661000 usd
CY2022Q4 us-gaap Fair Value Liabilities Measured On Recurring Basis Obligations
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0 usd
CY2022 us-gaap Business Acquisitions Pro Forma Revenue
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843872000 usd
CY2021 us-gaap Business Acquisitions Pro Forma Revenue
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CY2022 us-gaap Business Acquisitions Pro Forma Net Income Loss
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CY2021 us-gaap Business Acquisitions Pro Forma Net Income Loss
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-211904000 usd
CY2022Q4 us-gaap Fair Value Liabilities Measured On Recurring Basis Obligations
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0 usd
CY2022 us-gaap Business Acquisitions Pro Forma Revenue
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843872000 usd
CY2021 us-gaap Business Acquisitions Pro Forma Revenue
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880789000 usd
CY2022 us-gaap Business Acquisitions Pro Forma Net Income Loss
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-360022000 usd
CY2021 us-gaap Business Acquisitions Pro Forma Net Income Loss
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-211904000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
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4735000 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
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1866000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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713000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1036000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
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4022000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
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830000 usd
us-gaap Depreciation
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786000 usd
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16000 usd
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310000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
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492686000 usd
CY2021Q4 us-gaap Capitalized Computer Software Gross
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21274000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
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4735000 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1866000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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713000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1036000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
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4022000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
830000 usd
us-gaap Depreciation
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786000 usd
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16000 usd
CY2021 us-gaap Depreciation
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310000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
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492686000 usd
CY2021Q4 us-gaap Capitalized Computer Software Gross
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21274000 usd
CY2022Q1 us-gaap Goodwill
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us-gaap Goodwill Acquired During Period
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881900000 usd
us-gaap Goodwill Impairment Loss
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366309000 usd
CY2022Q4 us-gaap Goodwill
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515591000 usd
us-gaap Goodwill Acquired During Period
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0 usd
CY2021Q4 us-gaap Goodwill
Goodwill
44820000 usd
CY2022Q3 us-gaap Number Of Reporting Units
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4 reportingunit
CY2022Q4 us-gaap Capitalized Computer Software Gross
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7206000 usd
CY2022Q4 us-gaap Capitalized Computer Software Accumulated Amortization
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258000 usd
CY2022Q4 us-gaap Capitalized Computer Software Net
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6948000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
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610085000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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117399000 usd
CY2022Q1 us-gaap Goodwill
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us-gaap Goodwill Acquired During Period
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881900000 usd
us-gaap Goodwill Impairment Loss
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366309000 usd
CY2022Q4 us-gaap Goodwill
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515591000 usd
us-gaap Goodwill Acquired During Period
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0 usd
CY2021 us-gaap Goodwill Acquired During Period
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0 usd
CY2021Q4 us-gaap Goodwill
Goodwill
44820000 usd
CY2022Q3 us-gaap Number Of Reporting Units
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4 reportingunit
CY2022Q4 us-gaap Capitalized Computer Software Gross
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7206000 usd
CY2022Q4 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
258000 usd
CY2022Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
6948000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
610085000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
117399000 usd
CY2021Q4 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
10061000 usd
CY2021Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
11213000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
82005000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
31637000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
50368000 usd
CY2022Q4 sst Capitalized Computer Software In Progress
CapitalizedComputerSoftwareInProgress
4955000 usd
CY2021Q4 sst Capitalized Computer Software In Progress
CapitalizedComputerSoftwareInProgress
2540000 usd
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
467000 usd
CY2022Q1 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
355000 usd
CY2021 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
4934000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
117399000 usd
CY2022Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
629000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8641000 usd
CY2021 us-gaap Capitalized Computer Software Impairments1
CapitalizedComputerSoftwareImpairments1
0 usd
CY2022 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 usd
CY2021 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 usd
CY2022 us-gaap Capitalized Computer Software Impairments1
CapitalizedComputerSoftwareImpairments1
0 usd
CY2021Q4 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
10061000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
82005000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
50368000 usd
CY2022Q4 sst Capitalized Computer Software In Progress
CapitalizedComputerSoftwareInProgress
4955000 usd
CY2021Q4 sst Capitalized Computer Software In Progress
CapitalizedComputerSoftwareInProgress
2540000 usd
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
467000 usd
CY2022Q1 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
355000 usd
CY2021 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
4934000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
117399000 usd
CY2022Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
629000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8641000 usd
CY2021 us-gaap Capitalized Computer Software Impairments1
CapitalizedComputerSoftwareImpairments1
0 usd
CY2022 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 usd
CY2021 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 usd
CY2022 us-gaap Capitalized Computer Software Impairments1
CapitalizedComputerSoftwareImpairments1
0 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
1923000 usd
CY2022Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
142000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
840000 usd
CY2022Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
12000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
310000 usd
CY2022Q1 us-gaap Variable Lease Cost
VariableLeaseCost
0 usd
us-gaap Lease Cost
LeaseCost
3073000 usd
CY2022Q1 us-gaap Lease Cost
LeaseCost
154000 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y10M24D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.052
us-gaap Operating Lease Cost
OperatingLeaseCost
1923000 usd
CY2022Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
142000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
840000 usd
CY2022Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
12000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
310000 usd
CY2022Q1 us-gaap Variable Lease Cost
VariableLeaseCost
0 usd
us-gaap Lease Cost
LeaseCost
3073000 usd
CY2022Q1 us-gaap Lease Cost
LeaseCost
154000 usd
CY2021 us-gaap Operating Lease Expense
OperatingLeaseExpense
2221000 usd
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
1957000 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y10M24D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.052
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2512000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2583000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2238000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
272000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
276000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
1234000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
9115000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1091000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
8024000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2512000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2583000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2238000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
272000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
276000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
1234000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
9115000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1091000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
8024000 usd
CY2021 us-gaap Operating Lease Expense
OperatingLeaseExpense
2221000 usd
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
1957000 usd
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
1950000 usd
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
1950000 usd
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
1663000 usd
CY2022Q4 us-gaap Due To Employees Current
DueToEmployeesCurrent
12890000 usd
CY2021Q4 us-gaap Due To Employees Current
DueToEmployeesCurrent
10091000 usd
CY2022Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
38911000 usd
CY2021Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
144000 usd
CY2022Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
2706000 usd
CY2021Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
6242000 usd
CY2022Q4 sst Vat Tax Liability Current
VATTaxLiabilityCurrent
4343000 usd
CY2021Q4 sst Vat Tax Liability Current
VATTaxLiabilityCurrent
0 usd
CY2022Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
1176000 usd
CY2021Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
361000 usd
CY2022Q4 sst Acquisition Holdback Liability Current
AcquisitionHoldbackLiabilityCurrent
6885000 usd
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
1950000 usd
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
1950000 usd
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
1663000 usd
CY2022Q4 us-gaap Due To Employees Current
DueToEmployeesCurrent
12890000 usd
CY2021Q4 us-gaap Due To Employees Current
DueToEmployeesCurrent
10091000 usd
CY2022Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
38911000 usd
CY2021Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
144000 usd
CY2022Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
2706000 usd
CY2021Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
6242000 usd
CY2022Q4 sst Vat Tax Liability Current
VATTaxLiabilityCurrent
4343000 usd
CY2021Q4 sst Vat Tax Liability Current
VATTaxLiabilityCurrent
0 usd
CY2022Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
1176000 usd
CY2021Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
361000 usd
CY2022Q4 sst Acquisition Holdback Liability Current
AcquisitionHoldbackLiabilityCurrent
6885000 usd
CY2021Q4 sst Acquisition Holdback Liability Current
AcquisitionHoldbackLiabilityCurrent
0 usd
CY2022Q4 sst Accrued Revenue Share Current
AccruedRevenueShareCurrent
16921000 usd
CY2021Q4 sst Accrued Revenue Share Current
AccruedRevenueShareCurrent
0 usd
CY2022Q4 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
0 usd
CY2021Q4 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
1682000 usd
CY2022Q4 sst Former Ceo Profit Interest Current
FormerCEOProfitInterestCurrent
0 usd
CY2021Q4 sst Former Ceo Profit Interest Current
FormerCEOProfitInterestCurrent
11132000 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
11615000 usd
CY2021Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1632000 usd
CY2022Q4 sst Accrued Expenses And Other Liabilities Current
AccruedExpensesAndOtherLiabilitiesCurrent
95447000 usd
CY2021Q4 sst Accrued Expenses And Other Liabilities Current
AccruedExpensesAndOtherLiabilitiesCurrent
31284000 usd
CY2022Q1 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
17000 usd
CY2021Q4 sst Acquisition Holdback Liability Current
AcquisitionHoldbackLiabilityCurrent
0 usd
CY2022Q4 sst Accrued Revenue Share Current
AccruedRevenueShareCurrent
16921000 usd
CY2021Q4 sst Accrued Revenue Share Current
AccruedRevenueShareCurrent
0 usd
CY2022Q4 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
0 usd
CY2021Q4 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
1682000 usd
CY2022Q4 sst Former Ceo Profit Interest Current
FormerCEOProfitInterestCurrent
0 usd
CY2021Q4 sst Former Ceo Profit Interest Current
FormerCEOProfitInterestCurrent
11132000 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
11615000 usd
CY2021Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1632000 usd
CY2022Q4 sst Accrued Expenses And Other Liabilities Current
AccruedExpensesAndOtherLiabilitiesCurrent
95447000 usd
CY2021Q4 sst Accrued Expenses And Other Liabilities Current
AccruedExpensesAndOtherLiabilitiesCurrent
31284000 usd
CY2022Q1 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
17000 usd
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1889000 usd
CY2021 sst Contract With Customer Liability Additions
ContractWithCustomerLiabilityAdditions
5116000 usd
CY2021 sst Contract With Customer Liability Revenue Recognized Increase Decrease
ContractWithCustomerLiabilityRevenueRecognizedIncreaseDecrease
-5034000 usd
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1971000 usd
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1971000 usd
CY2022Q1 sst Contract With Customer Liability Additions
ContractWithCustomerLiabilityAdditions
620000 usd
CY2022Q1 sst Contract With Customer Liability Revenue Recognized Increase Decrease
ContractWithCustomerLiabilityRevenueRecognizedIncreaseDecrease
-309000 usd
CY2022Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
2282000 usd
CY2022Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
0 usd
sst Contract With Customer Liability Additions
ContractWithCustomerLiabilityAdditions
237568000 usd
sst Contract With Customer Liability Revenue Recognized Increase Decrease
ContractWithCustomerLiabilityRevenueRecognizedIncreaseDecrease
-167404000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
70164000 usd
us-gaap Contract With Customer Liability Increase Decrease For Contract Acquired In Business Combination
ContractWithCustomerLiabilityIncreaseDecreaseForContractAcquiredInBusinessCombination
61156000 usd
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1889000 usd
CY2021 sst Contract With Customer Liability Additions
ContractWithCustomerLiabilityAdditions
5116000 usd
CY2021 sst Contract With Customer Liability Revenue Recognized Increase Decrease
ContractWithCustomerLiabilityRevenueRecognizedIncreaseDecrease
-5034000 usd
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1971000 usd
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1971000 usd
CY2022Q1 sst Contract With Customer Liability Additions
ContractWithCustomerLiabilityAdditions
620000 usd
CY2022Q1 sst Contract With Customer Liability Revenue Recognized Increase Decrease
ContractWithCustomerLiabilityRevenueRecognizedIncreaseDecrease
-309000 usd
CY2022Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
2282000 usd
CY2022Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
0 usd
sst Contract With Customer Liability Additions
ContractWithCustomerLiabilityAdditions
237568000 usd
sst Contract With Customer Liability Revenue Recognized Increase Decrease
ContractWithCustomerLiabilityRevenueRecognizedIncreaseDecrease
-167404000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
70164000 usd
us-gaap Contract With Customer Liability Increase Decrease For Contract Acquired In Business Combination
ContractWithCustomerLiabilityIncreaseDecreaseForContractAcquiredInBusinessCombination
61156000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-480672000 usd
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-38068000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-63383000 usd
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
378000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
3440000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-544055000 usd
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-37690000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
33961000 usd
us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
79000 usd
CY2022Q1 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
426000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-480672000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
30521000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-63383000 usd
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
378000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
3440000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-544055000 usd
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-37690000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
33961000 usd
us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
79000 usd
CY2022Q1 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
426000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
55000 usd
us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
5317000 usd
CY2022Q1 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
170000 usd
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1882000 usd
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
5822000 usd
CY2022Q1 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
187000 usd
us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-89997000 usd
CY2022Q1 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 usd
us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-8769000 usd
CY2022Q1 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 usd
us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-9032000 usd
CY2022Q1 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-816000 usd
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-972000 usd
sst Total Deferred Tax Expense Benefit
TotalDeferredTaxExpenseBenefit
-107798000 usd
CY2022Q1 sst Total Deferred Tax Expense Benefit
TotalDeferredTaxExpenseBenefit
-816000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
55000 usd
us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
5317000 usd
CY2022Q1 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
170000 usd
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1882000 usd
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
5822000 usd
CY2022Q1 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
187000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1937000 usd
us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-89997000 usd
CY2022Q1 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 usd
us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-8769000 usd
CY2022Q1 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 usd
us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-9032000 usd
CY2022Q1 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-816000 usd
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-972000 usd
sst Total Deferred Tax Expense Benefit
TotalDeferredTaxExpenseBenefit
-107798000 usd
CY2022Q1 sst Total Deferred Tax Expense Benefit
TotalDeferredTaxExpenseBenefit
-816000 usd
CY2021 sst Total Deferred Tax Expense Benefit
TotalDeferredTaxExpenseBenefit
-972000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-101976000 usd
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-629000 usd
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-114252000 usd
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022Q1 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-7915000 usd
CY2022Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
7132000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
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IncomeTaxReconciliationStateAndLocalIncomeTaxes
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CY2022Q1 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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CY2022Q1 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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