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Condensed Consolidated Statements of Changes in Stockholders' Equity (Deficit) - USD ($)
$ in Thousands
Total
Earn-Out Shares Contingent Consideration
Lock-Up Shares Contingent Consideration
Cumulative Effect, Period of Adoption, Adjustment
Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock
Common Stock
Earn-Out Shares Contingent Consideration
Common Stock
Lock-Up Shares Contingent Consideration
Common Stock
Cumulative Effect, Period of Adoption, Adjustment
Common Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Additional Paid-in Capital
Additional Paid-in Capital
Earn-Out Shares Contingent Consideration
Additional Paid-in Capital
Lock-Up Shares Contingent Consideration
Additional Paid-in Capital
Cumulative Effect, Period of Adoption, Adjustment
Additional Paid-in Capital
Cumulative Effect, Period of Adoption, Adjusted Balance
Accumulated Deficit
Accumulated Deficit
Cumulative Effect, Period of Adoption, Adjusted Balance
Treasury Stock
Redeemable Convertible Series C Preferred Units
Redeemable Convertible Series C Preferred Units
Cumulative Effect, Period of Adoption, Adjustment
Redeemable Convertible Series C Preferred Units
Cumulative Effect, Period of Adoption, Adjusted Balance
Common Units
Common Units
Cumulative Effect, Period of Adoption, Adjustment
Common Units
Cumulative Effect, Period of Adoption, Adjusted Balance
Series A and B Preferred Units
Preferred Stock
Series A and B Preferred Units
Preferred Stock
Cumulative Effect, Period of Adoption, Adjustment
Series A and B Preferred Units
Preferred Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Beginning balance (in units) at Dec. 31, 2019                                     21,906,852 (7,628,249) 14,278,603 25,381,873 (25,381,873) 0      
Beginning balance at Dec. 31, 2019                                     $ 304,943   $ 304,943 $ 7,524 $ (7,524) $ 0      
Redeemable Convertible Series C Preferred Units                                                      
Fair value adjustment of redemption option                                     $ (47,537)                
Ending balance (in units) at Mar. 31, 2020                                     14,278,603     0          
Ending balance at Mar. 31, 2020                                     $ 257,406     $ 0          
Beginning balance (in shares) at Dec. 31, 2019           0     37,631,052 37,631,052                             29,058,266 (29,058,266) 0
Beginning balance at Dec. 31, 2019 $ (234,779)     $ 0 $ (234,779) $ 0     $ 376 $ 376 $ 0     $ 7,626 $ 7,626 $ (242,781) $ (242,781)               $ 478 $ (478) $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                      
Fair value adjustment of redemption option 47,537                             47,537                      
Share-based compensation 487                   487                                
Distribution to Open Lending, LLC unitholders (135,380)                             (135,380)                      
Net income (loss) 8,172                             8,172                      
Ending balance (in shares) at Mar. 31, 2020           37,631,052                                     0    
Ending balance at Mar. 31, 2020 (313,963)         $ 376         8,113         (322,452)                 $ 0    
Beginning balance (in units) at Dec. 31, 2019                                     21,906,852 (7,628,249) 14,278,603 25,381,873 (25,381,873) 0      
Beginning balance at Dec. 31, 2019                                     $ 304,943   $ 304,943 $ 7,524 $ (7,524) $ 0      
Redeemable Convertible Series C Preferred Units                                                      
Fair value adjustment of redemption option (47,537)                                                    
Ending balance (in units) at Sep. 30, 2020                                     0     0          
Ending balance at Sep. 30, 2020                                     $ 0     $ 0          
Beginning balance (in shares) at Dec. 31, 2019           0     37,631,052 37,631,052                             29,058,266 (29,058,266) 0
Beginning balance at Dec. 31, 2019 (234,779)     $ 0 $ (234,779) $ 0     $ 376 $ 376 0     $ 7,626 $ 7,626 (242,781) $ (242,781)               $ 478 $ (478) $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                      
Net income (loss) (112,766)                                                    
Ending balance (in shares) at Sep. 30, 2020           126,919,572                                     0    
Ending balance at Sep. 30, 2020 34,282         $ 1,269         476,403         (443,390)                 $ 0    
Beginning balance (in units) at Mar. 31, 2020                                     14,278,603     0          
Beginning balance at Mar. 31, 2020                                     $ 257,406     $ 0          
Redeemable Convertible Series C Preferred Units                                                      
Recapitalization transaction, net of transaction costs (in units)                                     (14,278,603)                
Recapitalization transaction, net of transaction costs                                     $ (257,406)                
Ending balance (in units) at Jun. 30, 2020                                     0     0          
Ending balance at Jun. 30, 2020                                     $ 0     $ 0          
Beginning balance (in shares) at Mar. 31, 2020           37,631,052                                     0    
Beginning balance at Mar. 31, 2020 (313,963)         $ 376         8,113         (322,452)                 $ 0    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                      
Recapitalization transaction, net of transaction costs (in shares)           54,218,857                                          
Recapitalization transaction, net of transaction costs 242,543         $ 542         242,001                                
Deferred tax asset 1,874                   1,874                                
Estimated fair value of contingent consideration at June 10, 2020 (347,089)                   (347,089)                                
Share-based compensation 2,189                   2,189                                
Net income (loss) (49,805)                             (49,805)                      
Ending balance (in shares) at Jun. 30, 2020           91,849,909                                     0    
Ending balance at Jun. 30, 2020 (464,251)         $ 918         (92,912)         (372,257)                 $ 0    
Ending balance (in units) at Sep. 30, 2020                                     0     0          
Ending balance at Sep. 30, 2020                                     $ 0     $ 0          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                      
Stock Issued During Period, Value, New Issues 90,645         $ 79         90,566                                
Stock warrant exercise (in shares)           7,882,163                                          
Stock issued during period, acquisitions   $ 419,844 $ 59,177       $ 238 $ 34       $ 419,606 $ 59,143                            
Stock issued during period, acquisitions (in shares)             23,750,000 3,437,500                                      
Net income (loss) (71,133)                             (71,133)                      
Ending balance (in shares) at Sep. 30, 2020           126,919,572                                     0    
Ending balance at Sep. 30, 2020 34,282         $ 1,269         476,403         (443,390)                 $ 0    
Beginning balance (in shares) at Dec. 31, 2020           128,198,185                       1,395,089                  
Beginning balance at Dec. 31, 2020 26,622         $ 1,282         491,246         (428,406)   $ (37,500)                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                      
Share-based compensation 701                   701                                
Net income (loss) 12,862                             12,862                      
Ending balance (in shares) at Mar. 31, 2021           128,198,185                       1,395,089                  
Ending balance at Mar. 31, 2021 40,185         $ 1,282         491,947         (415,544)   $ (37,500)                  
Redeemable Convertible Series C Preferred Units                                                      
Fair value adjustment of redemption option 0                                                    
Beginning balance (in shares) at Dec. 31, 2020           128,198,185                       1,395,089                  
Beginning balance at Dec. 31, 2020 26,622         $ 1,282         491,246         (428,406)   $ (37,500)                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                      
Net income (loss) 118,242                                                    
Ending balance (in shares) at Sep. 30, 2021           128,198,185                       2,007,834                  
Ending balance at Sep. 30, 2021 127,590         $ 1,282         493,972         (310,164)   $ (57,500)                  
Beginning balance (in shares) at Mar. 31, 2021           128,198,185                       1,395,089                  
Beginning balance at Mar. 31, 2021 40,185         $ 1,282         491,947         (415,544)   $ (37,500)                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                      
Share-based compensation 927                   927                                
Share repurchase (in shares)                                   (612,745)                  
Share repurchase (20,000)                                 $ (20,000)                  
Net income (loss) 75,966                             75,966                      
Ending balance (in shares) at Jun. 30, 2021           128,198,185                       2,007,834                  
Ending balance at Jun. 30, 2021 97,078         $ 1,282         492,874         (339,578)   $ (57,500)                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                      
Share-based compensation 1,098                   1,098                                
Net income (loss) 29,414                             29,414                      
Ending balance (in shares) at Sep. 30, 2021           128,198,185                       2,007,834                  
Ending balance at Sep. 30, 2021 $ 127,590         $ 1,282         $ 493,972         $ (310,164)   $ (57,500)