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Segment and Geographic Information (Tables)
12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Schedule of Reconciliation of Revenue and Adjusted EBITDA for Reportable Segments

The following table sets forth the revenue and Adjusted EBITDA results attributable to each reportable segment and includes a reconciliation of the totals reported for the reportable segments to the applicable line items on the Company’s accompanying consolidated statements of operations and comprehensive loss (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2021

 

 

2020

 

Revenue

 

 

 

 

 

 

Enterprise Solutions

 

$

107,549

 

 

$

83,944

 

SMB Solutions

 

 

108,731

 

 

 

62,613

 

Total revenue

 

 

216,280

 

 

 

146,557

 

Adjusted EBITDA

 

 

 

 

 

 

Enterprise Solutions

 

 

14,255

 

 

 

11,997

 

SMB Solutions

 

 

35,373

 

 

 

21,122

 

Total Adjusted EBITDA from reportable segments

 

 

49,628

 

 

 

33,119

 

Unallocated corporate expenses

 

 

(18,983

)

 

 

(11,080

)

Total Adjusted EBITDA

 

 

30,645

 

 

 

22,039

 

Reconciling items:

 

 

 

 

 

 

Interest expense, net

 

 

(8,213

)

 

 

(9,903

)

Amortization of intangible assets

 

 

(15,602

)

 

 

(15,523

)

Depreciation

 

 

(2,588

)

 

 

(1,288

)

Transaction-related expenses

 

 

(4,422

)

 

 

(1,011

)

Fair value adjustment of acquired deferred revenue

 

 

(180

)

 

 

(543

)

Stock/equity-based compensation

 

 

(9,468

)

 

 

(641

)

Restructuring reversal (charges)

 

 

241

 

 

 

(2,434

)

Loss before income taxes

 

 

(9,587

)

 

 

(9,304

)

Benefit from income taxes

 

 

(622

)

 

 

(2,626

)

Net loss

 

$

(8,965

)

 

$

(6,678

)