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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 187,672 $ 14,642
Marketable securities 45,117 0
Customer funds 22,541 20,924
Accounts receivable, net 34,394 23,009
Prepaid expenses 3,715 2,961
Deferred implementation and commission costs, current portion 5,060 4,718
Other current assets 1,164 4,108
Total current assets 299,663 70,362
Property and equipment, net 15,516  
Property and equipment, net   16,650
Operating lease right-of-use assets 28,623  
Goodwill 88,148 36,956
Intangible assets, net 24,339 9,534
Deferred implementation and commission costs, net of current portion 9,238 8,677
Other assets 5,122 5,361
Total assets 470,649 147,540
Current liabilities:    
Customer funds payable 22,541 20,924
Current portion of debt and finance lease liabilities, net of deferred financing costs 163 380
Accounts payable 2,968 1,646
Accrued expenses and other current liabilities 46,263 27,247
Deferred revenue, current portion 16,890 14,895
Total current liabilities 88,825 65,092
Debt and finance lease liabilities, net of deferred financing costs and current portion 150 43,295
Operating lease liabilities, net of current portion 32,461  
Customer postage deposits 10,081 10,418
Deferred revenue, net of current portion 22,352 14,861
Deferred taxes 4,338 768
Other liabilities 2,808 9,296
Total liabilities 161,015 143,730
Commitments and contingencies (Note 18)
Stockholders' equity:    
Preferred stock, $0.0001 par value,10,000 shares authorized; no shares issued and outstanding at December 31, 2021 and 2020, respectively 0 0
Additional paid-in capital 516,987 148,677
Accumulated deficit (206,077) (144,877)
Accumulated other comprehensive loss (1,292) 0
Total stockholders’ equity 309,634 3,810
Total liabilities and stockholders’ equity 470,649 147,540
Class 1 Common Stock    
Stockholders' equity:    
Common stock 15 9
Class 2 Common Stock    
Stockholders' equity:    
Common stock $ 1 $ 1