SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2021

Accounting Policies [Abstract]

Schedules of Concentration of Risk, by Risk Factor

Revenue and Accounts receivable from our major customers are as follows:

	Revenues
	For the Years Ended December 31,						Period from Inception to December 31, 2019			Period from January 1, 2019 to September 3, 2019
(in thousands)	2021			2020			(Successor)			(Predecessor)
Customer A	$	93,730		$	80,901		$	20,972		$	27,814
% of total revenue	27.8		%	28.6		%	26.1		%	19.8		%
Customer B	$	63,838		$	50,485		$	17,106		$	30,650
% of total revenue	18.9		%	17.8		%	21.3		%	21.8		%

	Accounts Receivable
(in thousands)	December 31, 2021			December 31, 2020
Customer A	$	13,161		$	7,582
% of total accounts receivable	21.0		%	15.0		%
Customer B	$	15,174		$	3,447
% of total accounts receivable	24.2		%	6.8		%

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation

The following table provides a reconciliation of our Level 3 earn-out and holdback liabilities for the year ended December 31, 2021:

(in thousands)
Balance at December 31, 2020	$	20,538
Payments against the earn-out liabilities	(7,500)
Payments against the holdback liabilities	(13,134)
Change in fair value of earn-out liabilities	96
Balance at December 31, 2021	$	—

The following table provides a reconciliation of our Level 3 earn-out and holdback liabilities for the year ended December 31, 2020:

(in thousands)
Balance at December 31, 2019	$	43,175
Payments against the earn-out liabilities	(11,867)
Change in fair value of the holdback liabilities	10,329
Change in fair value of the earn-out liabilities	(21,099)
Balance at December 31, 2020	$	20,538

Schedule of Earnings per Share, Basic and Diluted

	For the Years Ended December 31,					Period from Inception to December 31, 2019		Period from January 1, 2019 to September 3, 2019
(in thousands, except share and per share data)	2021			2020		(Successor)		(Predecessor)
Net income (loss) attributable to common shareholders
Net income (loss) from continuing operations	$	(9,978)		$	(6,498)	$	(16,899)	$	4,345
Net income (loss) from discontinued operations	—			36		73		(696)
Net income (loss) attributable to common shareholders	$	(9,978)		$	(6,462)	$	(16,826)	$	3,649
Weighted-average common shares outstanding:
Basic	67,695,030			61,321,424		35,821,422		1,431,305
Diluted	—			—		—		112,469
Dilutive impact of stock awards outstanding	67,695,030		67,695,030	61,321,424		35,821,422		1,543,774
Income (Loss) per share:
Basic
Continuing operations	$	(0.15)		$	(0.11)	$	(0.47)	$	3.04
Discontinued operations	—			—		—		(0.49)
Net income (loss) per common share	$	(0.15)		$	(0.11)	$	(0.47)	$	2.55
Diluted
Continuing operations	$	(0.15)		$	(0.11)	$	(0.47)	$	2.81
Discontinued operations	—			—		—		(0.49)
Net income (loss) per common share	$	(0.15)		$	(0.11)	$	(0.47)	$	2.32