10-Q Filing

Purple Innovation, Inc. CIK: 1643953 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001213900-21-057706`
Period End Date	20210930
Filing Date	20211109
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	f10q0921_purplein_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 92 Cash Flow Statement 95 Stockholders Equity 73

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$83.62M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$97.95M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$122.95M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.48M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$27.57M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$29.11M	USD	Point-in-time
Inventories, net	`InventoryNet`	$65.73M	USD	Point-in-time
Inventories, net	`InventoryNet`	$84.05M	USD	Point-in-time
Prepaid inventory	`PrepaidInventoryNet`	$826.00K	USD	Point-in-time
Prepaid inventory	`PrepaidInventoryNet`	$1.32M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$10.45M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$11.74M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$208.29M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$229.07M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$101.05M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$61.49M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$61.80M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$41.41M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$9.95M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$11.47M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$211.24M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$213.95M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$1.39M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$1.58M	USD	Point-in-time
Total assets	`Assets`	$554.73M	USD	Point-in-time
Total assets	`Assets`	$597.94M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$70.41M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$69.59M	USD	Point-in-time
Accrued sales returns	`AccruedSalesReturnsCurrent`	$8.43M	USD	Point-in-time
Accrued sales returns	`AccruedSalesReturnsCurrent`	$6.90M	USD	Point-in-time
Accrued compensation	`AccruedLiabilitiesCurrent`	$14.21M	USD	Point-in-time
Accrued compensation	`AccruedLiabilitiesCurrent`	$13.39M	USD	Point-in-time
Customer prepayments	`CustomersAdvanceCurrent`	$9.28M	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`	$4.51M	USD	Point-in-time
Accrued rebates and allowances	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$10.89M	USD	Point-in-time
Accrued rebates and allowances	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$8.07M	USD	Point-in-time
Operating lease obligations current portion	`OperatingLeaseLiabilityCurrent`	$3.23M	USD	Point-in-time
Operating lease obligations current portion	`OperatingLeaseLiabilityCurrent`	$5.78M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$13.58M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$15.03M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$133.38M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$132.21M	USD	Point-in-time
Debt, net of current portion	`LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities`	$39.90M	USD	Point-in-time
Debt, net of current portion	`LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities`	$41.41M	USD	Point-in-time
Operating lease obligations, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$75.34M	USD	Point-in-time
Operating lease obligations, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$48.94M	USD	Point-in-time
Warrant liabilities	`WarrantLiabilities`	$92.71M	USD	Point-in-time
Warrant liabilities	`WarrantLiabilities`	$9.02M	USD	Point-in-time
Tax receivable agreement liability, net of current portion	`TaxReceivableAgreementLiability`	$165.43M	USD	Point-in-time
Tax receivable agreement liability, net of current portion	`TaxReceivableAgreementLiability`	$165.63M	USD	Point-in-time
Other long-term liabilities, net of current portion	`OtherLiabilitiesNoncurrent`	$9.83M	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`	$433.09M	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; 66,449 issued and outstanding at September 30, 2021 and 63,914 issued and outstanding at December 31, 2020	`CommonStockValue`	$7.00K	USD	Point-in-time
Class A common stock; $0.0001 par value, 210,000 shares authorized; 66,449 issued and outstanding at September 30, 2021 and 63,914 issued and outstanding at December 31, 2020	`CommonStockValue`	$6.00K	USD	Point-in-time
Class B common stock; $0.0001 par value, 90,000 shares authorized; 448 issued and outstanding at September 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 September 30, 2021 and 536 issued and outstanding at December 31, 2020	`CommonStockValue1`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$404.21M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$333.05M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-240.28M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-265.86M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$67.20M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$163.94M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$344.00K	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$912.00K	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-89.62M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-28.54M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$67.54M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$164.85M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-146.98M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$161.52M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-689.00K	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$157.54M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$597.94M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$554.73M	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Revenues, net	`Revenues`	$170.78M	USD	1 Quarter
Revenues, net	`Revenues`	$539.80M	USD	3 Qtrs
Revenues, net	`Revenues`	$187.11M	USD	1 Quarter
Revenues, net	`Revenues`	$474.58M	USD	3 Qtrs
Cost of revenues	`CostOfGoodsAndServicesSold`	$98.86M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$109.70M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$309.50M	USD	3 Qtrs
Cost of revenues	`CostOfGoodsAndServicesSold`	$251.51M	USD	3 Qtrs
Gross profit	`GrossProfit`	$223.07M	USD	3 Qtrs
Gross profit	`GrossProfit`	$230.29M	USD	3 Qtrs
Gross profit	`GrossProfit`	$88.25M	USD	1 Quarter
Gross profit	`GrossProfit`	$61.08M	USD	1 Quarter
Marketing and sales	`SellingAndMarketingExpense`	$51.21M	USD	1 Quarter
Marketing and sales	`SellingAndMarketingExpense`	$127.31M	USD	3 Qtrs
Marketing and sales	`SellingAndMarketingExpense`	$163.05M	USD	3 Qtrs
Marketing and sales	`SellingAndMarketingExpense`	$48.84M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$17.04M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$54.02M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$11.09M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$27.31M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$4.71M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$1.69M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$5.43M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$1.78M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$222.51M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$159.34M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$67.66M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$63.98M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$24.27M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$63.73M	USD	3 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$-6.58M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$7.78M	USD	3 Qtrs
Interest income (expense), net	`InterestIncomeExpenseNet`	$-1.23M	USD	1 Quarter
Interest income (expense), net	`InterestIncomeExpenseNet`	$10.00K	USD	1 Quarter
Interest income (expense), net	`InterestIncomeExpenseNet`	$-4.04M	USD	3 Qtrs
Interest income (expense), net	`InterestIncomeExpenseNet`	$-1.13M	USD	3 Qtrs
Other income (expense), net	`OtherOperatingIncomeExpenseNet`	$-30.00K	USD	3 Qtrs
Other income (expense), net	`OtherOperatingIncomeExpenseNet`	$109.00K	USD	3 Qtrs
Other income (expense), net	`OtherOperatingIncomeExpenseNet`	$3.00K	USD	1 Quarter
Other income (expense), net	`OtherOperatingIncomeExpenseNet`	$12.00K	USD	1 Quarter
Change in fair value warrant liabilities	`FairValueAdjustmentOfWarrants`	$212.59M	USD	3 Qtrs
Change in fair value warrant liabilities	`FairValueAdjustmentOfWarrants`	$-5.36M	USD	1 Quarter
Change in fair value warrant liabilities	`FairValueAdjustmentOfWarrants`	$-19.37M	USD	3 Qtrs
Change in fair value warrant liabilities	`FairValueAdjustmentOfWarrants`	$103.96M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-5.78M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-5.78M	USD	1 Quarter
Tax receivable agreement income (expense)	`TaxReceivableAgreementExpense`	$33.51M	USD	3 Qtrs
Tax receivable agreement income (expense)	`TaxReceivableAgreementExpense`	$567.00K	USD	1 Quarter
Tax receivable agreement income (expense)	`TaxReceivableAgreementExpense`	$-846.00K	USD	1 Quarter
Tax receivable agreement income (expense)	`TaxReceivableAgreementExpense`	$-639.00K	USD	3 Qtrs
Total other income (expense), net	`OtherNonoperatingIncomeExpense`	$-255.82M	USD	3 Qtrs
Total other income (expense), net	`OtherNonoperatingIncomeExpense`	$6.23M	USD	1 Quarter
Total other income (expense), net	`OtherNonoperatingIncomeExpense`	$18.85M	USD	3 Qtrs
Total other income (expense), net	`OtherNonoperatingIncomeExpense`	$-111.54M	USD	1 Quarter
Net income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-87.27M	USD	1 Quarter
Net income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-352.00K	USD	1 Quarter
Net income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-192.09M	USD	3 Qtrs
Net income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$26.63M	USD	3 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-2.48M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-35.82M	USD	3 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$1.00M	USD	3 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-106.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$2.13M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$25.63M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-87.16M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-156.28M	USD	3 Qtrs
Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-44.00K	USD	1 Quarter
Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$55.00K	USD	3 Qtrs
Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$7.18M	USD	3 Qtrs
Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-147.00K	USD	1 Quarter
Net income (loss) attributable to Purple Innovation, Inc.	`NetIncomeLoss`	$25.57M	USD	3 Qtrs
Net income (loss) attributable to Purple Innovation, Inc.	`NetIncomeLoss`	$2.17M	USD	1 Quarter
Net income (loss) attributable to Purple Innovation, Inc.	`NetIncomeLoss`	$-163.45M	USD	3 Qtrs
Net income (loss) attributable to Purple Innovation, Inc.	`NetIncomeLoss`	$-87.01M	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.39	USD	3 Qtrs
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.03	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$-1.97	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$-5.09	USD	3 Qtrs
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.09	USD	3 Qtrs
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$-0.05	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$-5.09	USD	3 Qtrs
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$-1.97	USD	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	44.27M	shares	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	32.12M	shares	3 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	66.33M	shares	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	65.74M	shares	3 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.27M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	67.29M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	68.32M	shares	3 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	32.12M	shares	3 Qtrs

Cash Flow Statement 95 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$2.13M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$25.63M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-87.16M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-156.28M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$6.37M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$6.36M	USD	3 Qtrs
Non-cash interest	`NonCashInterest`	$388.00K	USD	3 Qtrs
Non-cash interest	`NonCashInterest`	$2.97M	USD	3 Qtrs
Paid-in-kind interest	`PaidinkindInterestValue`	-	USD	3 Qtrs
Paid-in-kind interest	`PaidinkindInterestValue`	$6.62M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-5.78M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-5.78M	USD	1 Quarter
Change in fair value warrant liabilities	`ChangeInFairValueLiabilities`	$-19.37M	USD	3 Qtrs
Change in fair value warrant liabilities	`ChangeInFairValueLiabilities`	$212.59M	USD	3 Qtrs
Tax receivable agreement (income) expense	`IncomeTaxCreditsAndAdjustments`	$33.51M	USD	3 Qtrs
Tax receivable agreement (income) expense	`IncomeTaxCreditsAndAdjustments`	$-639.00K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$2.36M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.56M	USD	3 Qtrs
Non-cash lease expense	`NoncashLeaseExpense`	$2.21M	USD	3 Qtrs
Non-cash lease expense	`NoncashLeaseExpense`	$3.36M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredit`	$1.74M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredit`	$35.82M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.54M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-6.80M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$3.15M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$18.32M	USD	3 Qtrs
Prepaid inventory and other assets	`IncreaseInPrepaidInventoryAndOtherAssets`	$-2.17M	USD	3 Qtrs
Prepaid inventory and other assets	`IncreaseInPrepaidInventoryAndOtherAssets`	$5.74M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.20M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$9.68M	USD	3 Qtrs
Accrued sales returns	`IncreaseInAccruedSalesReturns`	$-1.52M	USD	3 Qtrs
Accrued sales returns	`IncreaseInAccruedSalesReturns`	$3.01M	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$4.56M	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-817.00K	USD	3 Qtrs
Customer prepayments	`IncreaseOrDecreaseInCustomerAdvances`	$3.03M	USD	3 Qtrs
Customer prepayments	`IncreaseOrDecreaseInCustomerAdvances`	$-51.00K	USD	3 Qtrs
Accrued rebates and allowances	`IncreaseDecreaseAccruedRebatesAndAllowances`	$-2.82M	USD	3 Qtrs
Accrued rebates and allowances	`IncreaseDecreaseAccruedRebatesAndAllowances`	$1.92M	USD	3 Qtrs
Operating lease obligations	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.82M	USD	3 Qtrs
Operating lease obligations	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.27M	USD	3 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$5.35M	USD	3 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$4.55M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$87.40M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$132.00K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$14.19M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$40.15M	USD	3 Qtrs
Investment in intangible assets	`PaymentsToAcquireIntangibleAssets`	$10.89M	USD	3 Qtrs
Investment in intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.35M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-41.50M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-25.08M	USD	3 Qtrs
Proceeds from term loan	`ProceedsFromOtherShortTermDebt`	$45.00M	USD	3 Qtrs
Payments on term loan	`PaymentsOfLoanCosts`	$1.69M	USD	3 Qtrs
Payments on term loan	`PaymentsOfLoanCosts`	-	USD	3 Qtrs
Payments on related party loan	`RepaymentsOfRelatedPartyDebt`	$37.50M	USD	3 Qtrs
Payments for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$2.46M	USD	3 Qtrs
Proceeds from InnoHold indemnification payment	`ProceedsFromInnoHoldIndemnificationPayment`	$4.14M	USD	3 Qtrs
Proceeds from InnoHold indemnification payment	`ProceedsFromInnoHoldIndemnificationPayment`	-	USD	3 Qtrs
Tax receivable agreement payments	`PaymentsforTaxReceivableAgreement`	$-628.00K	USD	3 Qtrs
Tax receivable agreement payments	`PaymentsforTaxReceivableAgreement`	-	USD	3 Qtrs
Distributions to members	`Distributions`	$-957.00K	USD	3 Qtrs
Distributions to members	`Distributions`	$-5.01M	USD	3 Qtrs
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	$706.00K	USD	3 Qtrs
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	$116.00K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedFromExerciseOfStockOptions`	$1.42M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedFromExerciseOfStockOptions`	$1.04M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.03M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.16M	USD	3 Qtrs
Net (decrease) increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$64.48M	USD	3 Qtrs
Net (decrease) increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-39.34M	USD	3 Qtrs
Cash and cash equivalents, beginning of the year	`CashAndCashEquivalentsAtCarryingValue`	$83.62M	USD	Point-in-time
Cash and cash equivalents, beginning of the year	`CashAndCashEquivalentsAtCarryingValue`	$97.95M	USD	Point-in-time
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, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$83.62M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$97.95M	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 paid during the period for interest, net of amounts capitalized	`InterestPaidNet`	$389.00K	USD	3 Qtrs
Cash paid during the period for interest, net of amounts capitalized	`InterestPaidNet`	$954.00K	USD	3 Qtrs
Cash paid during the period for income taxes	`IncomeTaxesPaidNet`	$2.42M	USD	3 Qtrs
Cash paid during the period for income taxes	`IncomeTaxesPaidNet`	$4.50M	USD	3 Qtrs
Property and equipment included in accounts payable	`NoncashOrPartNoncashAcquisitionPayablesAssumed1`	$5.71M	USD	3 Qtrs
Property and equipment included in accounts payable	`NoncashOrPartNoncashAcquisitionPayablesAssumed1`	$2.79M	USD	3 Qtrs
Non-cash leasehold improvements	`NoncashLeaseholdImprovements`	$3.24M	USD	3 Qtrs
Non-cash leasehold improvements	`NoncashLeaseholdImprovements`	$615.00K	USD	3 Qtrs
Accrued distributions	`AccruedDistributions`	$304.00K	USD	3 Qtrs
Accrued distributions	`AccruedDistributions`	$4.52M	USD	3 Qtrs
Tax receivable agreement liability	`TaxReceivableAgreementLiabilityes`	$776.00K	USD	3 Qtrs
Tax receivable agreement liability	`TaxReceivableAgreementLiabilityes`	$134.94M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxes`	$969.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxes`	$169.31M	USD	3 Qtrs
Exercise of liability warrants	`ExerciseOfLiabilityWarrants`	$4.57M	USD	3 Qtrs
Exercise of liability warrants	`ExerciseOfLiabilityWarrants`	$64.32M	USD	3 Qtrs

Stockholders Equity 73 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-89.62M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-28.54M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$67.54M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$164.85M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-146.98M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$161.52M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-689.00K	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$157.54M	USD	Point-in-time
Balance (in Shares)	`SharesOutstanding`	1.90M	shares	Point-in-time
Net income (loss)	`ProfitLossIncome`	$-87.16M	USD	1 Quarter
Net income (loss)	`ProfitLossIncome`	$2.56M	USD	1 Quarter
Net income (loss)	`ProfitLossIncome`	$2.13M	USD	1 Quarter
Net income (loss)	`ProfitLossIncome`	$20.94M	USD	1 Quarter
Net income (loss)	`ProfitLossIncome`	$-97.12M	USD	1 Quarter
Net income (loss)	`ProfitLossIncome`	$28.00M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$962.00K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$479.00K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$347.00K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.11M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$765.00K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$250.00K	USD	1 Quarter
Exchange of stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	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`	$17.00K	USD	1 Quarter
Exercise of warrants	`ExerciseOfWarrants`	$149.00K	USD	1 Quarter
Exercise of warrants	`ExerciseOfWarrants`	$64.26M	USD	1 Quarter
Exercise of warrants	`ExerciseOfWarrants`	$19.00K	USD	1 Quarter
Exercise of warrants	`ExerciseOfWarrants`	$26.00K	USD	1 Quarter
Exercise of warrants	`ExerciseOfWarrants`	$5.24M	USD	1 Quarter
Exercise of stock options	`StockIssueDuringPeriodValueExerciseOfStockOption`	$1.39M	USD	1 Quarter
Exercise of stock options	`StockIssueDuringPeriodValueExerciseOfStockOption`	$-61.00K	USD	1 Quarter
Exercise of stock options	`StockIssueDuringPeriodValueExerciseOfStockOption`	$369.00K	USD	1 Quarter
Exercise of stock options	`StockIssueDuringPeriodValueExerciseOfStockOption`	$83.00K	USD	1 Quarter
Exercise of stock options	`StockIssueDuringPeriodValueExerciseOfStockOption`	$590.00K	USD	1 Quarter
Tax Receivable Agreement liability	`StockIssuedDuringPeriodTaxReceivableAgreementLiability`	$-89.68M	USD	1 Quarter
Tax Receivable Agreement liability	`StockIssuedDuringPeriodTaxReceivableAgreementLiability`	$-3.00K	USD	1 Quarter
Tax Receivable Agreement liability	`StockIssuedDuringPeriodTaxReceivableAgreementLiability`	$4.00K	USD	1 Quarter
Tax Receivable Agreement liability	`StockIssuedDuringPeriodTaxReceivableAgreementLiability`	$-45.05M	USD	1 Quarter
Tax Receivable Agreement liability	`StockIssuedDuringPeriodTaxReceivableAgreementLiability`	$-221.00K	USD	1 Quarter
Tax Receivable Agreement liability	`StockIssuedDuringPeriodTaxReceivableAgreementLiability`	$-777.00K	USD	1 Quarter
Deferred income taxes	`StockIssueDuringPeriodDeferredIncomeTaxes`	$3.00K	USD	1 Quarter
Deferred income taxes	`StockIssueDuringPeriodDeferredIncomeTaxes`	$971.00K	USD	1 Quarter
Deferred income taxes	`StockIssueDuringPeriodDeferredIncomeTaxes`	$56.64M	USD	1 Quarter
Deferred income taxes	`StockIssueDuringPeriodDeferredIncomeTaxes`	$-5.00K	USD	1 Quarter
Deferred income taxes	`StockIssueDuringPeriodDeferredIncomeTaxes`	$112.67M	USD	1 Quarter
Accrued distributions	`AccruedDistribution`	$-99.00K	USD	1 Quarter
Accrued distributions	`AccruedDistribution`	$-196.00K	USD	1 Quarter
Accrued distributions	`AccruedDistribution`	$-4.33M	USD	1 Quarter
Accrued distributions	`AccruedDistribution`	$-304.00K	USD	1 Quarter
Accrued distributions	`AccruedDistribution`	$-176.00K	USD	1 Quarter
Accrued distributions	`AccruedDistribution`	$-87.00K	USD	1 Quarter
Forfeiture of unvested common stock	`StockIssuedDuringPeriodValueShareBasedCompensationForfeited`	-	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	-	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$1.00K	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	-	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
Impact of transactions affecting NCI	`StockIssuedDuringPeriodValueOther`	-	USD	1 Quarter
Impact of transactions affecting NCI	`StockIssuedDuringPeriodValueOther`	-	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-89.62M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-28.54M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$67.54M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$164.85M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-146.98M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$161.52M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-689.00K	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$157.54M	USD	Point-in-time
Balance (in Shares)	`SharesOutstanding`	1.90M	shares	Point-in-time

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