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Summary of Significant Accounting Policies (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2021

Dec. 31, 2020

Summary Of Earning Per Share Basic And Diluted

The following table reflects the calculation of basic and diluted net income (loss) per ordinary share (in dollars, except per share amounts):


	Three Months Ended June, 30			Six Months Ended June 30,
	2021			2021
Redeemable Class A Ordinary Shares
Numerator: Earnings allocable to Redeemable Class A Ordinary Shares Interest Income earned on marketable securities held in Trust Account	$	15,703		$	21,942
Net Earnings	$	15,703		$	21,942

Denominator: Weighted Average Redeemable Class A Ordinary Shares Redeemable Class A Ordinary Shares, Basic and Diluted		69,000,000			69,000,000

Earnings/Basic and Diluted Redeemable Class A Ordinary Shares	$	0.00		$	0.00

Non-Redeemable Class B Ordinary Shares
Numerator: Net Income (Loss) minus Redeemable Net Earnings
Net Income (Loss)	$	(17,630,095	)	$	142,994,465
Redeemable Net Earnings		(15,703	)		(21,942	)

Non-Redeemable Net Income (Loss)	$	(17,645,798	)	$	142,972,523

Denominator: Weighted Average Non-Redeemable Class B Ordinary Shares
Non-Redeemable Class B Ordinary Shares, Basic and Diluted		17,250,000			17,250,000

Earnings (loss)/Basic and Diluted Non-Redeemable Class B Ordinary Shares	$	(1.02	)	$	8.29

Note: As of June 30, 2021, basic and diluted shares are the same as there are no

non-redeemable

securities that are dilutive to the shareholders.

The following table reflects the calculation of basic and diluted net income (loss) per ordinary share (in dollars, except per share amounts):


	For the Period from July 3, 2020 (inception) Through December 31, 2020
Redeemable Class A Ordinary Shares
Numerator: Earnings allocable to Redeemable Class A Ordinary Shares
Interest Income	$	—

Net Earnings	$	—

Denominator: Weighted Average Redeemable Class A Ordinary Shares
Redeemable Class A Ordinary Shares, Basic and Diluted		69,000,000
Earnings/Basic and Diluted Redeemable Class A Ordinary Shares	$	0.00

Non-Redeemable Class B Ordinary Shares
Numerator: Net Loss minus Redeemable Net Earnings
Net Loss	$	(185,775,870	)
Redeemable Net Earnings	$	—

Non-Redeemable Net Loss	$	(185,775,870	)

Denominator: Weighted Average Non-Redeemable Class B Ordinary Shares
Non-Redeemable Class B Ordinary Shares, Basic and Diluted		16,748,571
Loss/Basic and Diluted Non-Redeemable Class B Ordinary Shares	$	(11.09	)

Summary of The Company's Total Revenue or Accounts Receivable

Significant customers are those that represent more than 10% of the Company’s total revenue or accounts receivable. For each significant customer, revenue as a percentage of total revenue is as follows:


	For the Three Months Ended June 30,					For the Six Months Ended June 30,
	2021		2020			2021		2020
Customer A		*			*		*			*
Customer B		*		10	%		*		11	%

Below 10%

For each significant customer, accounts receivable as a percentage of net accounts receivable is as follows:


	June 30, 2021			December 31, 2020
Customer A		10	%		12	%
Customer B		13	%			*

Below 10%

Cypress Holdings Inc And Subsidiaries [Member]

Summary Of Earning Per Share Basic And Diluted

The following table sets forth a reconciliation of the numerator and denominator used to compute basic earnings per share of common stock (in thousands, except for share and per share data).


	For the Three Months Ended June 30,					For the Six Months Ended June 30,
	2021		2020			2021			2020
Numerator
Net income (loss)	$	3,816	$	(1,961	)	$	(1,268	)	$	(27,213	)

Denominator
Weighted average shares of common stock - basic		1,484,156		1,480,262			1,483,634			1,479,918
Dilutive effect of stock options		53,611		—			—			—

Weighted average shares of common stock - diluted		1,537,767		1,480,262			1,483,634			1,479,918

Net income (loss) per share:
Basic	$	2.57	$	(1.32	)	$	(0.85	)	$	(18.39	)
Diluted	$	2.48	$	(1.32	)	$	(0.85	)	$	(18.39	)

The following table sets forth a reconciliation of the numerator and denominator used to compute basic earnings per share of common stock (in thousands, except for share and per share data).


	Year ended December 31,
	2020			2019			2018
Numerator
Net loss	$	(16,876	)	$	(210,340	)	$	(55,031	)

Denominator
Weighted average shares of common stock - basic and diluted		1,480,296			1,478,350			1,478,373
Net loss per share - basic and diluted	$	(11.40	)	$	(142.28	)	$	(37.22	)

Summary of The Company's Total Revenue or Accounts Receivable


	Revenue
	Year Ended December 31,
	2020			2019			2018
Customer A		*			12	%		13	%
Customer B		11	%		11	%		11	%



	Accounts Receivable
	December 31,
	2020			2019
Customer A		12	%		*
Customer B		*			14	%

Below 10%

Summarizes Revenue By Type of Service

The following table summarizes revenue by type of service for the three and six months ended June 30 (in thousands):


	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2021		2020		2021		2020
Software subscriptions	$	159,841	$	138,565	$	311,865	$	279,039
Other		6,948		12,151		12,713		30,885

Total revenues	$	166,789	$	150,716	$	324,578	$	309,924

The following table summarizes revenue by type of service for the years ended December 31 (in thousands):


	2020		2019		2018
Software subscriptions	$	573,608	$	540,219	$	492,553
Other		59,455		75,865		77,219

Total revenues	$	633,063	$	616,084	$	569,772

Summary of Property Plant Equipment Estimated Useful Life

Depreciation and amortization are computed on a straight-line basis over the asset’s estimated useful lives, which are as follows:


Software, equipment, and property	Estimated Useful Life
Software and licenses		2-5 years
Computer equipment		3 years
Leasehold improvements		3-15 years
Furniture and other equipment		5 years
Database		25 years
Building		39 years
Land		Indefinite

Depreciation and amortization are computed on a straight-line basis over the asset’s estimated useful lives, which are as follows:


		Software, equipment and property		Estimated Useful Life

		Software and licenses		2-5 years
		Computer equipment		3 years
		Leasehold improvements		3-15 years
		Furniture and other equipment		5 years
		Database		25 years
		Building		39 years
		Land		Indefinite

Summary of The Consolidated Balance Sheet

The impact of adoption to the consolidated balance sheet at December 31, 2019 was as follows (in thousands):


				Balances without
	As reported			adoption of Topic 606			Effect of adoption
Assets
Deferred contract costs	$	10,807		$	—		$	10,807
Long-term deferred contract costs		12,463			—			12,463
Liabilities and stockholders’ equity
Deferred income taxes-net		333,472			327,572			5,900
Accumulated deficit		(112,494	)		(129,864	)		17,370

Summary of The Consolidated Statement of Operations and Comprehensive Loss

The impact of adoption to the December 31, 2019 consolidated statement of operations and comprehensive loss was as follows (in thousands, except per share data):


				Balances without
	As reported			adoption of Topic 606			Effect of adoption
Revenues	$	616,084		$	616,084		$	—
Cost of revenues		191,868			192,286			(418	)
Selling and marketing		82,109			88,912			(6,803	)
Operating loss		(166,202	)		(173,423	)		7,221
Income tax benefit		67,293			69,040			(1,747	)
Net loss		(210,340	)		(215,814	)		5,474
Net loss per share attributable to Class A and Class B common stockholders - basic and diluted	$	(142.28	)	$	(145.98	)	$	3.70