10-Q Filing

Purple Innovation, Inc. CIK: 1643953 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001213900-21-041045`
Period End Date	20210630
Filing Date	20210809
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	f10q0621_purpleinno_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 88 Cash Flow Statement 86 Stockholders Equity 49

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$122.95M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.48M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$95.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$110.08M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$29.11M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$25.10M	USD	Point-in-time
Inventories, net	`InventoryNet`	$64.80M	USD	Point-in-time
Inventories, net	`InventoryNet`	$65.73M	USD	Point-in-time
Prepaid inventory	`PrepaidInventoryNet`	$826.00K	USD	Point-in-time
Prepaid inventory	`PrepaidInventoryNet`	$1.80M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$10.45M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$14.97M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$216.75M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$229.07M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$61.49M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$87.50M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$41.41M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$54.33M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$9.95M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$10.38M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$211.24M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$209.05M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$1.46M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$1.58M	USD	Point-in-time
Total assets	`Assets`	$579.46M	USD	Point-in-time
Total assets	`Assets`	$554.73M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$58.42M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$69.59M	USD	Point-in-time
Accrued sales returns	`AccruedSalesReturnsCurrent`	$6.96M	USD	Point-in-time
Accrued sales returns	`AccruedSalesReturnsCurrent`	$8.43M	USD	Point-in-time
Accrued compensation	`AccruedLiabilitiesCurrent`	$14.21M	USD	Point-in-time
Accrued compensation	`AccruedLiabilitiesCurrent`	$9.21M	USD	Point-in-time
Customer prepayments	`CustomersAdvanceCurrent`	$17.33M	USD	Point-in-time
Customer prepayments	`CustomersAdvanceCurrent`	$6.25M	USD	Point-in-time
Accrued sales tax	`AccruedIncomeTaxesCurrent`	$6.01M	USD	Point-in-time
Accrued sales tax	`AccruedIncomeTaxesCurrent`	$3.60M	USD	Point-in-time
Accrued rebates and allowances	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$6.87M	USD	Point-in-time
Accrued rebates and allowances	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$10.89M	USD	Point-in-time
Operating lease obligations current portion	`OperatingLeaseLiabilityCurrent`	$4.25M	USD	Point-in-time
Operating lease obligations current portion	`OperatingLeaseLiabilityCurrent`	$3.23M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$13.58M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$13.73M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$120.38M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$132.21M	USD	Point-in-time
Debt, net of current portion	`LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities`	$40.40M	USD	Point-in-time
Debt, net of current portion	`LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities`	$41.41M	USD	Point-in-time
Operating lease obligations, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$48.94M	USD	Point-in-time
Operating lease obligations, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$67.92M	USD	Point-in-time
Warrant liabilities	`WarrantLiabilities`	$14.53M	USD	Point-in-time
Warrant liabilities	`WarrantLiabilities`	$92.71M	USD	Point-in-time
Tax receivable agreement liability, net of current portion	`TaxReceivableAgreementLiability`	$166.41M	USD	Point-in-time
Tax receivable agreement liability, net of current portion	`TaxReceivableAgreementLiability`	$165.43M	USD	Point-in-time
Other long-term liabilities, net of current portion	`OtherLiabilitiesNoncurrent`	$8.29M	USD	Point-in-time
Other long-term liabilities, net of current portion	`OtherLiabilitiesNoncurrent`	$6.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$487.19M	USD	Point-in-time
Total liabilities	`Liabilities`	$417.94M	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Class A common stock; $0.0001 par value, 210,000 shares authorized; 66,371 issued and outstanding at June 30, 2021 and 63,914 issued and outstanding at December 31, 2020	`CommonStockValue`	$6.00K	USD	Point-in-time
Class A common stock; $0.0001 par value, 210,000 shares authorized; 66,371 issued and outstanding at June 30, 2021 and 63,914 issued and outstanding at December 31, 2020	`CommonStockValue`	$7.00K	USD	Point-in-time
Class B common stock; $0.0001 par value, 90,000 shares authorized; 448 issued and outstanding at June 30, 2021 and 536 issued and outstanding at December 31, 2020	`CommonStockValue1`	-	USD	Point-in-time
Class B common stock; $0.0001 par value, 90,000 shares authorized; 448 issued and outstanding at June 30, 2021 and 536 issued and outstanding at December 31, 2020	`CommonStockValue1`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$403.07M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$333.05M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-265.86M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-242.45M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$160.62M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$67.20M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$900.00K	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$344.00K	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$157.54M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$161.52M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-89.62M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$67.54M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-689.00K	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-28.54M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$579.46M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$554.73M	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Revenues, net	`Revenues`	$165.10M	USD	1 Quarter
Revenues, net	`Revenues`	$369.01M	USD	2 Qtrs
Revenues, net	`Revenues`	$182.59M	USD	1 Quarter
Revenues, net	`Revenues`	$287.47M	USD	2 Qtrs
Cost of revenues	`CostOfGoodsAndServicesSold`	$199.80M	USD	2 Qtrs
Cost of revenues	`CostOfGoodsAndServicesSold`	$100.90M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$152.66M	USD	2 Qtrs
Cost of revenues	`CostOfGoodsAndServicesSold`	$83.47M	USD	1 Quarter
Gross profit	`GrossProfit`	$81.69M	USD	1 Quarter
Gross profit	`GrossProfit`	$169.21M	USD	2 Qtrs
Gross profit	`GrossProfit`	$134.81M	USD	2 Qtrs
Gross profit	`GrossProfit`	$81.63M	USD	1 Quarter
Marketing and sales	`SellingAndMarketingExpense`	$114.21M	USD	2 Qtrs
Marketing and sales	`SellingAndMarketingExpense`	$59.84M	USD	1 Quarter
Marketing and sales	`SellingAndMarketingExpense`	$76.11M	USD	2 Qtrs
Marketing and sales	`SellingAndMarketingExpense`	$39.42M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$22.46M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$36.99M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$16.23M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$8.68M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$3.65M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$3.02M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$1.92M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.58M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$84.23M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$154.84M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$49.68M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$95.36M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$39.46M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$-2.54M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$14.37M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$31.95M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.42M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.81M	USD	2 Qtrs
Interest expense	`InterestExpense`	$1.14M	USD	2 Qtrs
Interest expense	`InterestExpense`	$569.00K	USD	1 Quarter
Other income (expense), net	`OtherOperatingIncomeExpenseNet`	$106.00K	USD	2 Qtrs
Other income (expense), net	`OtherOperatingIncomeExpenseNet`	$-42.00K	USD	2 Qtrs
Other income (expense), net	`OtherOperatingIncomeExpenseNet`	$16.00K	USD	1 Quarter
Other income (expense), net	`OtherOperatingIncomeExpenseNet`	$26.00K	USD	1 Quarter
Change in fair value warrant liabilities	`ChangeForFairValueWarrantLiabilitie`	$108.63M	USD	2 Qtrs
Change in fair value warrant liabilities	`ChangeForFairValueWarrantLiabilitie`	$-14.01M	USD	2 Qtrs
Change in fair value warrant liabilities	`ChangeForFairValueWarrantLiabilitie`	$130.26M	USD	1 Quarter
Change in fair value warrant liabilities	`ChangeForFairValueWarrantLiabilitie`	$-4.86M	USD	1 Quarter
Tax receivable agreement expense	`TaxReceivableAgreementExpense`	$32.82M	USD	1 Quarter
Tax receivable agreement expense	`TaxReceivableAgreementExpense`	$381.00K	USD	1 Quarter
Tax receivable agreement expense	`TaxReceivableAgreementExpense`	$207.00K	USD	2 Qtrs
Tax receivable agreement expense	`TaxReceivableAgreementExpense`	$32.95M	USD	2 Qtrs
Total other income (expense), net	`OtherNonoperatingIncomeExpense`	$12.62M	USD	2 Qtrs
Total other income (expense), net	`OtherNonoperatingIncomeExpense`	$-164.50M	USD	1 Quarter
Total other income (expense), net	`OtherNonoperatingIncomeExpense`	$3.94M	USD	1 Quarter
Total other income (expense), net	`OtherNonoperatingIncomeExpense`	$-144.28M	USD	2 Qtrs
Net income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-132.54M	USD	1 Quarter
Net income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.40M	USD	1 Quarter
Net income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$26.98M	USD	2 Qtrs
Net income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-104.83M	USD	2 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-35.71M	USD	2 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-35.43M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$3.48M	USD	2 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-1.17M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-97.12M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$2.56M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-69.11M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$23.50M	USD	2 Qtrs
Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$99.00K	USD	2 Qtrs
Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-16.00K	USD	1 Quarter
Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-3.84M	USD	1 Quarter
Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$7.33M	USD	2 Qtrs
Net income (loss) attributable to Purple Innovation, Inc.	`NetIncomeLoss`	$-76.44M	USD	2 Qtrs
Net income (loss) attributable to Purple Innovation, Inc.	`NetIncomeLoss`	$23.40M	USD	2 Qtrs
Net income (loss) attributable to Purple Innovation, Inc.	`NetIncomeLoss`	$-93.28M	USD	1 Quarter
Net income (loss) attributable to Purple Innovation, Inc.	`NetIncomeLoss`	$2.58M	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.36	USD	2 Qtrs
Basic (in Dollars per share)	`EarningsPerShareBasic`	$-3.19	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$-2.94	USD	2 Qtrs
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.04	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$-3.19	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.14	USD	2 Qtrs
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$-0.03	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$-2.94	USD	2 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	29.28M	shares	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	25.98M	shares	2 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	65.44M	shares	2 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	66.28M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	66.86M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.98M	shares	2 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	68.34M	shares	2 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	29.28M	shares	1 Quarter

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-97.12M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$2.56M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-69.11M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$23.50M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.54M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.82M	USD	2 Qtrs
Non-cash interest	`NonCashInterest`	$2.79M	USD	2 Qtrs
Non-cash interest	`NonCashInterest`	$257.00K	USD	2 Qtrs
Change in fair value warrant liabilities	`ChangeInFairValueLiabilities`	$108.63M	USD	2 Qtrs
Change in fair value warrant liabilities	`ChangeInFairValueLiabilities`	$-14.01M	USD	2 Qtrs
Tax receivable agreement expense	`IncomeTaxCreditsAndAdjustments`	$207.00K	USD	2 Qtrs
Tax receivable agreement expense	`IncomeTaxCreditsAndAdjustments`	$32.95M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.59M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.21M	USD	2 Qtrs
Non-cash lease expense	`NoncashLeaseExpense`	$1.40M	USD	2 Qtrs
Non-cash lease expense	`NoncashLeaseExpense`	$2.06M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredit`	$44.01M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredit`	$-3.17M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-4.01M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-9.66M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-931.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-7.81M	USD	2 Qtrs
Prepaid inventory and other assets	`IncreaseInPrepaidInventoryAndOtherAssets`	$2.26M	USD	2 Qtrs
Prepaid inventory and other assets	`IncreaseInPrepaidInventoryAndOtherAssets`	$3.05M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$903.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-11.78M	USD	2 Qtrs
Accrued sales returns	`IncreaseInAccruedSalesReturns`	$4.68M	USD	2 Qtrs
Accrued sales returns	`IncreaseInAccruedSalesReturns`	$-1.47M	USD	2 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$2.37M	USD	2 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-5.00M	USD	2 Qtrs
Customer prepayments	`IncreaseOrDecreaseInCustomerAdvances`	$11.08M	USD	2 Qtrs
Customer prepayments	`IncreaseOrDecreaseInCustomerAdvances`	$2.08M	USD	2 Qtrs
Accrued rebates and allowances	`IncreaseDecreaseAccruedRebatesAndAllowances`	$-891.00K	USD	2 Qtrs
Accrued rebates and allowances	`IncreaseDecreaseAccruedRebatesAndAllowances`	$-4.02M	USD	2 Qtrs
Operating lease obligations	`IncreaseDecreaseInOtherOperatingLiabilities`	$-849.00K	USD	2 Qtrs
Operating lease obligations	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.27M	USD	2 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$11.96M	USD	2 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$936.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$11.47M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$72.35M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$26.16M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.01M	USD	2 Qtrs
Investment in intangible assets	`PaymentsToAcquireIntangibleAssets`	$285.00K	USD	2 Qtrs
Investment in intangible assets	`PaymentsToAcquireIntangibleAssets`	$2.44M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-10.45M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-26.45M	USD	2 Qtrs
Payments on term loan	`RepaymentsOfOtherLongTermDebt`	$1.12M	USD	2 Qtrs
Payments on term loan	`RepaymentsOfOtherLongTermDebt`	-	USD	2 Qtrs
Proceeds from InnoHold indemnification payment	`ProceedsFromInnoHoldIndemnificationPayment`	-	USD	2 Qtrs
Proceeds from InnoHold indemnification payment	`ProceedsFromInnoHoldIndemnificationPayment`	$4.14M	USD	2 Qtrs
Tax receivable agreement payments	`PaymentsforTaxReceivableAgreement`	-	USD	2 Qtrs
Tax receivable agreement payments	`PaymentsforTaxReceivableAgreement`	$-628.00K	USD	2 Qtrs
Distributions to members	`Distributions`	-	USD	2 Qtrs
Distributions to members	`Distributions`	$-853.00K	USD	2 Qtrs
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	$116.00K	USD	2 Qtrs
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	$23.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedFromExerciseOfStockOptions`	-	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedFromExerciseOfStockOptions`	$452.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.10M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$23.00K	USD	2 Qtrs
Net (decrease) increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$61.92M	USD	2 Qtrs
Net (decrease) increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-12.87M	USD	2 Qtrs
Cash and cash equivalents, beginning of the year	`CashAndCashEquivalentsAtCarryingValue`	$122.95M	USD	Point-in-time
Cash and cash equivalents, beginning of the year	`CashAndCashEquivalentsAtCarryingValue`	$33.48M	USD	Point-in-time
Cash and cash equivalents, beginning of the year	`CashAndCashEquivalentsAtCarryingValue`	$95.40M	USD	Point-in-time
Cash and cash equivalents, beginning of the year	`CashAndCashEquivalentsAtCarryingValue`	$110.08M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$122.95M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$33.48M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$95.40M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$110.08M	USD	Point-in-time
Cash paid during the year for interest	`InterestPaidNet`	$858.00K	USD	2 Qtrs
Cash paid during the year for interest	`InterestPaidNet`	$22.00K	USD	2 Qtrs
Cash paid during the year for income taxes	`IncomeTaxesPaidNet`	$4.43M	USD	2 Qtrs
Cash paid during the year for income taxes	`IncomeTaxesPaidNet`	$72.00K	USD	2 Qtrs
Property and equipment included in accounts payable	`NoncashOrPartNoncashAcquisitionPayablesAssumed1`	$1.02M	USD	2 Qtrs
Property and equipment included in accounts payable	`NoncashOrPartNoncashAcquisitionPayablesAssumed1`	$3.37M	USD	2 Qtrs
Non-cash leasehold improvements	`NoncashLeaseholdImprovements`	$3.24M	USD	2 Qtrs
Non-cash leasehold improvements	`NoncashLeaseholdImprovements`	$615.00K	USD	2 Qtrs
Accrued distributions	`AccruedDistributions`	$4.52M	USD	2 Qtrs
Accrued distributions	`AccruedDistributions`	-	USD	2 Qtrs
Tax receivable agreement liability	`TaxReceivableAgreementLiabilityes`	$45.27M	USD	2 Qtrs
Tax receivable agreement liability	`TaxReceivableAgreementLiabilityes`	$780.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxes`	$974.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxes`	$56.64M	USD	2 Qtrs
Exercise of liability warrants	`ExerciseOfLiabilityWarrants`	$23.00K	USD	2 Qtrs
Exercise of liability warrants	`ExerciseOfLiabilityWarrants`	$64.17M	USD	2 Qtrs

Stockholders Equity 49 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$157.54M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$161.52M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-89.62M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$67.54M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-689.00K	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-28.54M	USD	Point-in-time
Net income (loss)	`ProfitLossIncome`	$2.56M	USD	1 Quarter
Net income (loss)	`ProfitLossIncome`	$28.00M	USD	1 Quarter
Net income (loss)	`ProfitLossIncome`	$20.94M	USD	1 Quarter
Net income (loss)	`ProfitLossIncome`	$-97.12M	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	-	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	-	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$1.00K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$962.00K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$250.00K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$479.00K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.11M	USD	1 Quarter
Exchange of stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Exchange of stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Exchange of stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Exercise of warrants	`ExerciseOfWarrants`	$64.26M	USD	1 Quarter
Exercise of warrants	`ExerciseOfWarrants`	$17.00K	USD	1 Quarter
Exercise of warrants	`ExerciseOfWarrants`	$26.00K	USD	1 Quarter
Exercise of warrants	`ExerciseOfWarrants`	$19.00K	USD	1 Quarter
Exercise of stock options	`StockIssueDuringPeriodValueExerciseOfStockOption`	$-61.00K	USD	1 Quarter
Exercise of stock options	`StockIssueDuringPeriodValueExerciseOfStockOption`	$83.00K	USD	1 Quarter
Exercise of stock options	`StockIssueDuringPeriodValueExerciseOfStockOption`	$369.00K	USD	1 Quarter
Tax Receivable Agreement liability	`StockIssuedDuringPeriodTaxReceivableAgreementLiability`	$56.86M	USD	1 Quarter
Tax Receivable Agreement liability	`StockIssuedDuringPeriodTaxReceivableAgreementLiability`	$-221.00K	USD	1 Quarter
Tax Receivable Agreement liability	`StockIssuedDuringPeriodTaxReceivableAgreementLiability`	$-777.00K	USD	1 Quarter
Tax Receivable Agreement liability	`StockIssuedDuringPeriodTaxReceivableAgreementLiability`	$-3.00K	USD	1 Quarter
Deferred income taxes	`StockIssueDuringPeriodDeferredIncomeTaxes`	$971.00K	USD	1 Quarter
Deferred income taxes	`StockIssueDuringPeriodDeferredIncomeTaxes`	$-45.27M	USD	1 Quarter
Deferred income taxes	`StockIssueDuringPeriodDeferredIncomeTaxes`	$3.00K	USD	1 Quarter
Accrued distributions	`AccruedDistribution`	$-4.33M	USD	1 Quarter
Accrued distributions	`AccruedDistribution`	$-196.00K	USD	1 Quarter
Accrued distributions	`AccruedDistribution`	$-87.00K	USD	1 Quarter
Accrued distributions	`AccruedDistribution`	$-99.00K	USD	1 Quarter
InnoHold indemnification payment	`AdjustmentsToAdditionalPaidInCapitalOther`	$4.14M	USD	1 Quarter
Impact of transactions affecting NCI	`StockIssuedDuringPeriodValueOther`	-	USD	1 Quarter
Impact of transactions affecting NCI	`StockIssuedDuringPeriodValueOther`	-	USD	1 Quarter
Impact of transactions affecting NCI	`StockIssuedDuringPeriodValueOther`	-	USD	1 Quarter
Impact of transactions affecting NCI	`StockIssuedDuringPeriodValueOther`	-	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$157.54M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$161.52M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-89.62M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$67.54M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-689.00K	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-28.54M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.