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Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenue        
Total revenue $ 29,762,000 $ 22,104,000 $ 69,259,000 $ 66,771,000
Cost of services 2,496,000 1,923,000 6,818,000 5,517,000
Gross profit 27,266,000 20,181,000 62,441,000 61,254,000
Operating expenses        
General and administrative 5,015,000 3,263,000 23,233,000 9,670,000
Selling and marketing 2,118,000 1,810,000 5,491,000 5,455,000
Research and development 579,000 291,000 1,286,000 869,000
Operating income 19,554,000 14,817,000 32,431,000 45,260,000
Change in fair value of contingent consideration (83,130,000) 0 (131,932,000) 0
Interest expense (3,572,000) (70,000) (7,980,000) (238,000)
Interest income 36,000 7,000 97,000 15,000
Other income 0 3,000 3,000 9,000
Income (loss) before income taxes (67,112,000) 14,757,000 (107,381,000) 45,046,000
Provision (benefit) for income taxes 4,021,000 40,745 5,385,000 (58,320)
Net income (loss) and comprehensive income (loss) $ (71,133,000) $ 14,716,000 $ (112,766,000) $ 45,104,000
Net income (loss) and comprehensive income (loss) per common share        
Basic and diluted net loss per share (in dollars per share) $ (0.62) $ (1.25) $ (1.56) $ (1.78)
Weighted average basic and diluted shares of common stock outstanding (in shares) 115,189,532 37,631,052 67,828,046 37,631,052
Program fees        
Revenue        
Total revenue $ 10,087,000 $ 8,950,000 $ 31,592,000 $ 26,407,000
Profit share        
Revenue        
Total revenue 18,544,000 12,310,000 34,482,000 38,089,000
Claims administration service fees        
Revenue        
Total revenue $ 1,131,000 $ 844,000 $ 3,185,000 $ 2,275,000