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Segment Information (Tables)
9 Months Ended
Sep. 30, 2023
Segment Reporting [Abstract]  
Schedule of revenue by segment
The following table summarizes revenue by segment.
Three Months Ended September 30,Nine Months Ended September 30,
2023202220232022
Vertical Software$34,328 $45,019 $97,390 $121,963 
Insurance95,228 32,334 218,300 89,872 
Total revenue$129,556 $77,353 $315,690 $211,835 
Schedule of financial information of reportable segments and reconciliations to consolidated financial information
Three Months Ended September 30,Nine Months Ended September 30,
2023202220232022
Segment Adjusted EBITDA (Loss):
Vertical Software$3,179 $5,545 $4,599 $14,081 
Insurance19,038 (859)(19,328)(6,253)
Subtotal22,217 4,686 (14,729)7,828 
Reconciling items:
Corporate and other(13,378)(15,592)(41,448)(44,094)
Depreciation and amortization(6,272)(8,675)(18,501)(21,574)
Stock-based compensation expense(6,979)(5,089)(20,277)(20,645)
Restructuring costs(712)— (2,789)— 
Acquisition and other transaction costs(22)(261)(408)(1,583)
Impairment loss on intangible assets and goodwill— (57,057)(57,232)(57,057)
Recovery of (loss on) reinsurance contract (see Note 10)7,043 — (41,201)— 
Impairment loss on property, equipment and software— (30)(254)(101)
Change in fair value of contingent consideration787 (565)3,597 (5,251)
Investment income and realized gains(2,485)(335)(4,492)(775)
Operating income (loss)$199 $(82,918)$(197,734)$(143,252)