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Mezzanine Equity and Stockholders' Deficiency (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Equity [Abstract]    
Summary of Rollforward of Balance of Redeemable Noncontrolling Interest

The rollforward of the balance of the redeemable noncontrolling interest is as follows:

 

     Redeemable
noncontrolling
interest
 
     (in thousands)  

Beginning balance (December 31, 2020)

   $ 3,061  

Issuance of redeemable noncontrolling interest in EduTech

     238  

Net income (loss) attributable to redeemable noncontrolling interest

     (178

Other comprehensive income (loss) attributable to redeemable noncontrolling interest

     0  

Adjustment to present redemption value as of March 31, 2021

     575  
  

 

 

 

Ending balance (March 31, 2021)

   $ 3,696  
  

 

 

 

The rollforward of the balance of the redeemable noncontrolling interest is as follows:

 

     Redeemable
noncontrolling
interest
 
     (in thousands)  

Beginning balance (December 24, 2020)

   $ 3,034  

Adjustment to present redemption value as of December 31, 2020

     27  
  

 

 

 

Ending balance (December 31, 2020)

   $ 3,061  
  

 

 

 
Summary of Redeemable Convertible Preferred Stock  

The following table summarizes the redeemable convertible preferred stock with balances outstanding at December 31, 2020 or December 31, 2019:

 

     December 31, 2020      December 31, 2019  
     (in thousands, except share amounts)  

Preferred shares

issued and outstanding:

   Shares
issued and
outstanding
     Liquidation
preference
     Recorded
amount
     Shares
issued and
outstanding
     Liquidation
preference
     Recorded
amount
 

Series B-1 Preferred Stock

     —          —          —          694,498        22,841        21,456  

Series B-2 Preferred Stock

     —          —          —          351,445        11,559        10,858  

Series C Preferred Stock

     4,832,409        403,361        183,390        4,832,409        247,500        150,342  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 
     4,832,409      $ 403,361      $ 183,390        5,878,352      $ 281,900      $ 182,656