XML 38 R29.htm IDEA: XBRL DOCUMENT v3.22.0.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2021
Accounting Policies [Abstract]  
Schedule of Property and Equipment Depreciation and amortization are calculated using the straight-line method over the estimated useful lives of the assets as follows:
Useful life
in years
Office furniture5
Computers and equipment
3 - 5
Property and equipment, net consisted of the following as of December 31, 2021 and 2020:
December 31, 2021December 31, 2020
Office furniture$86 $86 
Computers and equipment3,810 1,789 
Property and equipment3,896 1,875 
Less: accumulated depreciation(1,857)(1,122)
Total property and equipment, net$2,039 $753 
Schedule of Finite-Lived Intangible Assets Intangible
assets consisted of the following as of December 31, 2021 and 2020, included within other non-current assets on the consolidated balance sheets.
December 31, 2021December 31, 2020
Assembled workforce$700 $— 
Domain names318 318 
Patents37 37 
Other intangibles
Intangible assets1,059 359 
Less: Accumulated amortization$(213)$(64)
Total intangible assets, net$846 $295 
The estimated useful life of the intangible assets is as follows:
Useful life in years
Assembled workforce3
Patents12
Other intangibles
3 - 13
Schedule of Indefinite-Lived Intangible Assets Intangible
assets consisted of the following as of December 31, 2021 and 2020, included within other non-current assets on the consolidated balance sheets.
December 31, 2021December 31, 2020
Assembled workforce$700 $— 
Domain names318 318 
Patents37 37 
Other intangibles
Intangible assets1,059 359 
Less: Accumulated amortization$(213)$(64)
Total intangible assets, net$846 $295 
Schedule of Deferred Contract Cost
The following table represents a roll-forward of the Company’s deferred contract costs:
Balance as of January 1, 2020$160 
Additions to deferred contract costs454 
Amortization of deferred contract costs(65)
Balance as of December 31, 2020$549 
Additions to deferred contract costs827 
Amortization of deferred contract costs(101)
Balance as of December 31, 2021$1,275 
Schedule of Contract Assets and Contract Liabilities
Contract Assets and Contract Liabilities (Unbilled Receivables and Deferred Revenue)
December 31, 2021December 31, 2020
Contract assets (unbilled receivables)$633 $— 
Contract liabilities (deferred revenue)$30,206 $15,522