Quarterly report pursuant to Section 13 or 15(d)

Revenue (Tables)

v3.21.2
Revenue (Tables)
9 Months Ended
Sep. 30, 2021
Revenue  
Schedule of disaggregation of revenue

Three Months Ended September 30, 

Nine Months Ended September 30, 

    

2021

    

2020

    

2021

    

2020

Core services revenue

$

32,955

$

17,265

$

72,664

$

38,102

Managed services revenue

 

14,248

 

1,911

 

28,561

 

9,744

Software and service subscription revenue

 

15,566

 

2,331

 

39,627

 

5,857

Total revenue

$

62,769

$

21,507

$

140,852

$

53,703

Summary of the activity impacting the contract assets

    

Contract Assets

Balance at December 31, 2020

 

$

3,529

Estimated lifetime value of insurance policies sold by carriers

 

5,488

Cash receipts

 

(1,580)

Balance at September 30, 2021

$

7,437

Summary of the activity impacting the contract liabilities

Contract 

    

Liabilities

Balance at December 31, 2020

 

$

3,193

Additions to contract liabilities

 

517

Additions to contract liabilities – significant financing component interest

 

150

Contract liabilities transferred to revenue

 

(2,351)

Balance at September 30, 2021

$

1,509

Summary of the activity impacting deferred revenue balances

Deferred 

    

Revenue

Balance at December 31, 2020

$

5,208

Revenue recognized

 

(38,406)

Additional amounts deferred

 

80,910

Impact of acquisitions

 

142,425

Balance at September 30, 2021

$

190,137