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Condensed Consolidated Balance Sheets (Q1) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 261,013 $ 14,642
Restricted cash 2,914 3,277
Short-term investments 25,000 0
Customer funds 21,185 20,924
Accounts receivable, net of allowance for doubtful accounts of $227 and $409, respectively 26,699 23,009
Prepaid expenses 6,343 2,961
Deferred implementation, commission and other costs, current 4,712 4,718
Other current assets 1,029 831
Total current assets 348,895 70,362
Property and equipment, net of accumulated depreciation of $16,371 and $15,568, respectively 16,380 16,650
Goodwill 36,956 36,956
Intangible assets, net 8,978 9,534
Deferred implementation and commission costs, non-current 8,551 8,677
Other assets 2,437 5,361
Total assets 422,197 147,540
Current liabilities:    
Customer funds payable 21,194 20,924
Current portion of debt and capital lease obligations, net of deferred financing costs 170 380
Accounts payable 2,314 1,646
Accrued expenses and other 24,160 26,341
Deferred revenue 11,311 14,895
Other current liabilities 608 906
Total current liabilities 59,757 65,092
Long-term debt and capital lease obligations, net of current portion and deferred financing costs 42 43,295
Customer postage deposits 10,410 10,418
Deferred revenue, net of current portion 15,841 14,861
Deferred taxes 859 768
Other long-term liabilities 7,778 9,296
Total liabilities 94,687 143,730
Commitments and contingencies (Note 13)
Stockholders' equity:    
Preferred Stock, $0.0001 par value, 10,000,000 shares authorized; no shares 0 0
Additional paid-in capital 495,165 148,677
Accumulated deficit (167,671) (144,877)
Total stockholders' equity 327,510 3,810
Total liabilities and stockholders' equity 422,197 147,540
Common Class I    
Stockholders' equity:    
Common Stock 15 9
Common Class 2    
Stockholders' equity:    
Common Stock $ 1 $ 1