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Description of Business and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2022
Description of Business and Summary of Significant Accounting Policies  
Schedule of cash, cash equivalents and restricted cash

    

December 31, 2022

    

December 31, 2021

Cash and cash equivalents

$

215,060

$

315,741

Restricted cash and restricted cash equivalents - current

 

13,545

 

8,551

Restricted cash and restricted cash equivalents - non-current

500

Cash, cash equivalents and restricted cash

$

228,605

$

324,792

Schedule of investment

December 31, 2022

December 31, 2021

Certificates of deposit

$

1,463

$

2,164

U.S. Treasury notes

1,216

1,276

$

2,679

$

3,440

Schedule of property plant and equipment useful lives

    

Estimated Useful Lives

Software and computer equipment

3 years

Furniture, office equipment and other

35 years

Internally developed software

2 years

Leasehold improvements

Shorter of useful life or remaining lease term

Schedule of components of other insurance liabilities, current

    

As of December 31, 2022

    

As of December 31, 2021

Ceded reinsurance premiums payable

$

29,204

$

22,523

Commissions payable, reinsurers and agents

21,045

10,697

Advance premiums

 

8,668

 

4,277

Funds held under reinsurance treaty

 

1,851

 

2,206

General and accrued expenses payable

942

321

Other insurance liabilities, current

$

61,710

$

40,024

Schedule of components of other income (expense), net

    

Year Ended December 31, 

    

2022

    

2021

2020

Interest income

$

717

$

33

$

Loss on remeasurement of debt

(895)

Loss on remeasurement of Legacy Porch warrants

 

 

 

(2,584)

Transaction costs - recapitalization

 

 

 

(3,974)

Gain on settlement of accounts payable

 

 

175

 

796

Other, net

(146)

132

(274)

$

571

$

340

$

(6,931)