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Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Statement of Comprehensive Income    
REVENUES $ 204,919 $ 186,823
COST OF REVENUES    
Cost of revenues, exclusive of amortization of acquired technologies 50,447 42,701
Amortization of acquired technologies 6,685 6,695
Total cost of revenues 57,132 49,396
GROSS PROFIT 147,787 137,427
OPERATING EXPENSES:    
Research and development 40,996 35,681
Selling and marketing 33,531 26,802
General and administrative 41,865 44,207
Amortization of intangible assets 18,066 18,080
Total operating expenses 134,458 124,770
OPERATING INCOME 13,329 12,657
INTEREST EXPENSE (13,832) (7,341)
INTEREST INCOME 3,259 0
CHANGE IN FAIR VALUE OF DERIVATIVE INSTRUMENTS (2,604) 0
CHANGE IN FAIR VALUE OF WARRANT LIABILITIES 1,195 2,136
GAIN ON SALE OF COST METHOD INVESTMENT 0 3,578
OTHER INCOME - Net 54 82
PRETAX INCOME 1,401 11,112
INCOME TAX BENEFIT 783 863
NET INCOME INCLUDING NON-CONTROLLING INTEREST 2,184 11,975
Less: net income attributable to non-controlling interest 0 0
NET INCOME ATTRIBUTABLE TO CCC INTELLIGENT SOLUTIONS HOLDINGS INC. $ 2,184 $ 11,975
Net income per share attributable to common stockholders:    
Basic $ 0.00 $ 0.02
Diluted $ 0.00 $ 0.02
Weighted-average shares used in computing net income per share attributable to common stockholders:    
Basic 616,217,176 603,104,839
Diluted 646,380,961 641,028,410
COMPREHENSIVE INCOME:    
Net income including non-controlling interest $ 2,184 $ 11,975
Other comprehensive income-Foreign currency translation adjustment 34 9
COMPREHENSIVE INCOME INCLUDING NON-CONTROLLING INTEREST 2,218 11,984
Less: comprehensive income attributable to non-controlling interest 0 0
COMPREHENSIVE INCOME ATTRIBUTABLE TO CCC INTELLIGENT SOLUTIONS HOLDINGS INC. $ 2,218 $ 11,984