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Segment Information (Tables)
3 Months Ended
Mar. 31, 2023
Segment Information  
Schedule of revenue by segment

    

Three Months Ended March 31, 

    

2023

    

2022

Segment revenues:

Vertical Software

$

28,627

$

34,404

Insurance

58,742

29,163

Total segment revenue

$

87,369

$

63,567

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 March 31, 

    

2023

    

2022

Segment adjusted EBITDA (loss):

Vertical Software

$

(396)

$

2,884

Insurance

 

(7,185)

 

216

Corporate and Other

 

(14,301)

 

(13,527)

Total segment adjusted EBITDA (loss)

 

(21,882)

 

(10,427)

Reconciling items:

Depreciation and amortization

(6,015)

(6,483)

Non-cash stock-based compensation expense

(6,894)

(5,854)

Acquisition and other transaction costs

(1,112)

(895)

Impairment loss on intangible assets and goodwill

(2,021)

Non-cash losses and impairment of property, equipment and software

(69)

Revaluation of contingent consideration

154

(3,205)

Investment income and realized gains

(758)

(197)

Non-cash bonus expense

(1,526)

Operating loss

$

(38,528)

$

(28,656)