Related Party Transactions

12 Months Ended

Dec. 31, 2023

Related Party Transactions [Abstract]

Related Party Transactions

Related Party Transactions

Transactions with Accu-Trade

On March 1, 2022, the Company sold its 20% ownership interests in Accu-Trade and no longer considers Accu-Trade a related party after the sale. See Note 2 to our consolidated financial statements included herein for further details. The Company had amounts due to Accu-Trade of $1.1 million at December 31, 2021. The Company recognized contra-revenue of $0.1 million and $1.0 million and cost of revenue of $1.1 million and $5.4 million during the years ended December 31, 2022 and 2021, respectively, related to a software and data licensing agreement entered into with Accu-Trade. There was no related party activity during the year ended December 31, 2023.