Incentive Compensation Plans (Q1) (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2021

Dec. 31, 2020

Incentive Compensation Plans [Abstract]

The determination of the fair value of the options granted during the three months ended March 31, 2021 was estimated at the date of grant using a Black-Scholes option pricing model with the following assumptions:

	2021			2020
Risk-free interest rate		0.64% - 1.12	%		1.57% - 1.73	%
Dividend yield		—	%		—	%
Volatility factor of the expected market price of the Company’s common stock		41.56% - 41.62	%		39.44% - 39.93	%
Expected life of option	5.5 years			6.9 years

The determination of the fair value of the options was estimated at the date of grant using a Black-Scholes option pricing model with the following assumptions:

	2020			2019			2018
Risk-free interest rate		0.4% - 1.6	%		1.7% - 2.6	%		2.7% - 3.1	%
Dividend yield		0.0	%		0.0	%		0.0	%
Volatility factor of the expected market price of the Company’s common stock		39% - 45	%		38% - 40	%		34% - 42	%
Expected life of option	6.9 years			6.9 years			7.1 years

Share-based Compensation Expense

The Company included stock compensation expense related to all of the Company’s stock option awards in various expense categories for the for the three months ended March 31, 2021 and 2020, as follows:

	2021		2020
Cost of subscription, transaction and other revenue	$	443	$	33
Research and development		1,223		100
Sales and marketing		1,333		74
General and administrative		5,827		274
	$	8,826	$	481

The Company included stock compensation expense related to all of the Company’s stock option awards in various expense categories for the years ended December 31, 2020, 2019 and 2018 as follows:

	2020		2019		2018
Cost of subscription, transaction and other revenue	$	263	$	133	$	114
Research and development		697		384		239
Sales and marketing		465		296		347
General and administrative		1,638		1,301		1,096
	$	3,063	$	2,114	$	1,796