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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Current assets              
Cash and cash equivalents $ 215,060 $ 260,198 $ 271,003 $ 292,373 $ 315,741    
Accounts receivable, net 26,438 35,364 36,050 27,388 28,767    
Short-term investments 36,523 7,212 8,165 8,462 9,251    
Reinsurance balance due 299,060 299,596 269,251 236,336 228,416    
Prepaid expenses and other current assets 20,009 20,158 21,953 20,753 14,338    
Restricted cash 13,545 16,296 10,574 10,162 8,551    
Total current assets 610,635 638,824 616,996 595,474 605,064    
Property, equipment, and software, net 12,240 11,236 9,984 8,340 6,666    
Operating lease right-of-use assets 4,201 4,697 6,052 3,922 4,504    
Goodwill 244,697 251,905 297,645 250,390 225,654 $ 28,289 $ 18,274
Long-term investments 55,118 55,357 56,228 56,865 58,324    
Intangible assets, net 108,255 111,728 136,575 124,306 129,830    
Restricted cash, non-current   500 500 500 500    
Long-term insurance commissions receivable 12,265 11,930 10,461 9,061 7,521    
Other assets 1,646 3,057 1,519 5,373 684    
Total assets 1,049,057 1,089,234 1,135,960 1,054,231 1,038,747    
Current liabilities              
Accounts payable 6,268 6,717 7,739 8,016 6,965    
Accrued expenses and other current liabilities 39,742 36,847 46,614 34,140 37,675    
Deferred revenue 270,690 277,616 243,982 199,140 201,085    
Refundable customer deposits 20,142 22,585 21,618 18,716 15,274    
Current debt 16,455 22,832 19,013 19,682 150    
Losses and loss adjustment expense reserves 100,632 100,298 88,894 79,608 61,949    
Other insurance liabilities, current 61,710 55,945 61,516 43,049 40,024    
Total current liabilities 515,639 522,840 489,376 402,351 363,122    
Long-term debt 425,310 425,012 416,568 415,002 414,585    
Operating lease liabilities, non-current 2,536 2,968 3,622 2,267 2,694    
Earnout liability, at fair value 44 57 100 2,687 13,866    
Private warrant liability, at fair value 707 802 926 5,004 15,193    
Other liabilities (includes $24,546 and $9,617 at fair value, respectively) 25,468 24,952 30,825 15,528 12,242    
Total liabilities 969,704 976,631 941,417 842,839 821,702    
Commitments and contingencies (Note 16)          
Stockholders' equity              
Common stock, $0.0001 par value: Authorized shares - 400,000,000 and 400,000,000, respectively Issued and outstanding shares - 98,455,838 and 97,961,597, respectively 10 10 10 10 10    
Additional paid-in capital 670,537 664,362 659,814 647,551 641,406    
Accumulated other comprehensive loss (6,171) (6,571) (4,559) (2,774) (259)    
Accumulated deficit (585,023) (545,198) (460,722) (433,395) (424,112)    
Total stockholders' equity 79,353 112,603 194,543 211,392 217,045 $ 107,325 $ (59,979)
Total liabilities and stockholders' equity $ 1,049,057 $ 1,089,234 $ 1,135,960 $ 1,054,231 $ 1,038,747