Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Cash flows from operating activities
Net income (loss)	$ 118,242	$ (112,766)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Share-based compensation	2,726	2,676
Depreciation and amortization	829	787
Non-cash operating lease cost	405	325
Gain on extinguishment of tax receivable agreement	(55,422)	0
Loss on extinguishment of debt	8,778	0
Change in fair value of contingent consideration	0	131,932
Deferred income taxes	19,176	4,683
Changes in assets & liabilities:
Accounts receivable	(2,522)	375
Contract assets	(24,920)	(10,037)
Operating lease right-of-use assets	0	(523)
Prepaid expenses	(1,563)	(1,415)
Other current and non-current assets	1,265	(2,002)
Accounts payable	(2,012)	946
Accrued expenses	4,328	(597)
Income tax payable/receivable	(533)	544
Operating lease liabilities	(558)	(280)
Other current and non-current liabilities	204	1,727
Net cash provided by operating activities	68,423	16,375
Cash flows from investing activities
Purchase of property and equipment	(1,785)	(1,097)
Net cash used in investing activities	(1,785)	(1,097)
Cash flows from financing activities
Proceeds from term loans	125,000	170,000
Proceeds from revolving facility	50,000	0
Payments on term loans	(168,409)	(5,443)
Payments on revolving facility	(25,000)	0
Payment of deferred financing costs	(1,669)	(9,767)
Share repurchase	(20,000)	0
Settlement of tax receivable agreement	(36,948)	0
Distributions to Open Lending, LLC unitholders	0	(135,380)
Proceeds from stock warrant exercises	0	88,042
Recapitalization transaction, net of transaction costs	0	(14,862)
Net cash (used in) provided by financing activities	(77,026)	92,590
Net change in cash and cash equivalents and restricted cash	(10,388)	107,868
Cash and cash equivalents and restricted cash at the beginning of the period	104,148	9,898
Cash and cash equivalents and restricted cash at the end of the period	93,760	117,766
Supplemental disclosure of cash flow information:
Interest paid	4,545	7,209
Income tax paid, net	19,397	158
Right-of-use assets obtained in exchange for lease obligations	0	5,375
Non-cash investing and financing:
Change in fair value of redeemable convertible Series C preferred units	0	(47,537)
Conversion of preferred stock to common stock	$ 0	$ 257,406