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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 107,839 $ 187,672
Marketable securities 45,156 45,117
Customer funds 19,385 22,541
Accounts receivable, net 39,226 34,394
Prepaid expenses 7,396 3,715
Deferred implementation and commission costs, current portion 5,011 5,060
Other current assets 1,312 1,164
Total current assets 225,325 299,663
Property and equipment, net 11,813 15,516
Operating lease right-of-use assets 19,852 28,623
Goodwill 127,369 88,148
Intangible assets, net 49,827 24,339
Deferred implementation and commission costs, net of current portion 8,982 9,238
Other assets 4,152 5,122
Total assets 447,320 470,649
Current liabilities:    
Customer funds payable 19,385 22,541
Accounts payable 3,872 2,968
Accrued expenses and other current liabilities 42,429 46,426
Deferred revenue, current portion 24,556 24,983
Total current liabilities 90,242 96,918
Operating lease liabilities, net of current portion 33,346 32,461
Customer postage deposits 10,064 10,081
Deferred revenue, net of current portion 14,032 14,259
Deferred taxes 10,537 4,338
Other non-current liabilities 3,389 2,958
Total liabilities 161,610 161,015
Commitments and contingencies
Stockholders' equity:    
Preferred stock, issued 0 0
Additional paid-in capital 523,860 516,987
Accumulated deficit (235,104) (206,077)
Accumulated other comprehensive loss (3,063) (1,292)
Total stockholders’ equity 285,710 309,634
Total liabilities and stockholders’ equity 447,320 470,649
Common Class I    
Stockholders' equity:    
Common stock 16 15
Common Class 2    
Stockholders' equity:    
Common stock $ 1 $ 1