Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Cash flows from operating activities
Net income	$ (112,766)	$ 45,104
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Share-based compensation	2,676	1,497
Depreciation and amortization	1,112	78
Change in fair value of contingent consideration	131,932	0
Deferred income taxes	4,683	0
Changes in assets & liabilities:
Accounts receivable	375	(828)
Contract assets	(10,037)	(16,871)
Operating lease right-of-use assets	(523)	0
Prepaid expenses	(1,415)	(293)
Other current and non-current assets	(2,002)	(388)
Accounts payable	946	(285)
Accrued expenses	(597)	829
Income tax payable	544	0
Operating lease liabilities	(280)	0
Other liabilities	1,727	295
Net cash provided by operating activities	16,375	29,138
Cash flows from investing activities
Purchase of property and equipment	(1,097)	(66)
Net cash used in investing activities	(1,097)	(66)
Cash flows from financing activities
Repayments of notes payable	(5,443)	(1,863)
Proceeds from issuance of long-term debt, net of issuance costs	160,233	0
Distributions to Open Lending, LLC unitholders	(135,380)	(30,361)
Proceeds from stock warrant exercises	88,042	0
Recapitalization transaction, net of transaction costs	(14,862)	0
Net cash provided by (used in) financing activities	92,590	(32,224)
Net change in cash and cash equivalents and restricted cash	107,868	(3,152)
Cash and cash equivalents and restricted cash at the beginning of the period	9,898	13,136
Cash and cash equivalents and restricted cash at the end of the period	117,766	9,984
Supplemental disclosure of cash flow information:
Interest paid	7,209	238
Income tax paid (refunded), net	158	(58)
Right-of-use assets obtained in exchange for lease obligations	5,375
Change in fair value of Open Lending, LLC redeemable convertible preferred units	(47,537)	104,825
Conversion of preferred stock to common stock	$ 257,406	$ 0