Segment Information (Tables)

9 Months Ended

Sep. 30, 2022

Segment Information

Schedule of revenue by segment

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Segment revenues:
Vertical Software	$	44,463	$	42,287	$	121,964	$	101,629
Insurance		30,903		20,482		86,732		39,223
Total segment revenue	$	75,366	$	62,769	$	208,696	$	140,852

Schedule of financial information of reportable segments and reconciliations to consolidated financial information

The following tables provide financial information for the two reportable segments and reconciliations to consolidated financial information for the periods presented:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Segment adjusted EBITDA (loss):
Vertical Software	$	4,956	$	7,712	$	13,978	$	19,041
Insurance		(2,317)		5,473		(4,099)		3,067
Corporate and Other		(15,611)		(12,312)		(44,190)		(40,754)
Total segment adjusted EBITDA (loss)		(12,972)		873		(34,311)		(18,646)
Reconciling items:
Depreciation and amortization		(8,676)		(4,431)		(21,574)		(10,787)
Non-cash stock-based compensation expense		(5,089)		(6,579)		(20,645)		(30,627)
Acquisition and related expense		(175)		(1,958)		(1,284)		(4,648)
Impairment loss on intangible assets and goodwill		(57,057)		—		(57,057)		—
Non-cash losses and impairment of property, equipment and software		(31)		(76)		(101)		(216)
Revaluation of contingent consideration		(565)		(195)		(5,251)		380
Investment income and realized gains		(335)		(248)		(775)		(448)
Operating loss	$	(84,900)	$	(12,614)	$	(140,998)	$	(64,992)