10-Q Filing

MONTROSE ENVIRONMENTAL GROUP, INC. CIK: 1643615 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0000950170-22-016098`
Period End Date	20220630
Filing Date	20220809
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	meg-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 74 Cash Flow Statement 95 Stockholders Equity 38

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Cash and restricted cash	`CashCashEquivalentsAndShortTermInvestments`	$98.41M	USD	Point-in-time
Cash and restricted cash	`CashCashEquivalentsAndShortTermInvestments`	$146.74M	USD	Point-in-time
Accounts receivablenet	`AccountsReceivableNetCurrent`	$87.68M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	190.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	190.00M	shares	Point-in-time
Accounts receivablenet	`AccountsReceivableNetCurrent`	$98.51M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	29.68M	shares	Point-in-time
Contract assets	`UnbilledReceivablesCurrent`	$40.14M	USD	Point-in-time
Contract assets	`UnbilledReceivablesCurrent`	$47.74M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	29.62M	shares	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$8.46M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	29.62M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	29.68M	shares	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$10.41M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$293.86M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$244.24M	USD	Point-in-time
Property and equipmentnet	`PropertyPlantAndEquipmentNet`	$34.40M	USD	Point-in-time
Property and equipmentnet	`PropertyPlantAndEquipmentNet`	$31.52M	USD	Point-in-time
Operating lease right-of-use assetnet	`OperatingLeaseRightOfUseAsset`	$23.53M	USD	Point-in-time
Operating lease right-of-use assetnet	`OperatingLeaseRightOfUseAsset`	$29.47M	USD	Point-in-time
Operating lease right-of-use assetnet	`OperatingLeaseRightOfUseAsset`	$24.60M	USD	Point-in-time
Finance lease right-of-use assetnet	`FinanceLeaseRightOfUseAsset`	$7.20M	USD	Point-in-time
Finance lease right-of-use assetnet	`FinanceLeaseRightOfUseAsset`	$8.94M	USD	Point-in-time
Finance lease right-of-use assetnet	`FinanceLeaseRightOfUseAsset`	$8.28M	USD	Point-in-time
Goodwill	`Goodwill`	$311.94M	USD	Point-in-time
Goodwill	`Goodwill`	$315.63M	USD	Point-in-time
Other intangible assetsnet	`FiniteLivedIntangibleAssetsNet`	$150.68M	USD	Point-in-time
Other intangible assetsnet	`FiniteLivedIntangibleAssetsNet`	$161.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.06M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.30M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$787.74M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$833.09M	USD	Point-in-time
Accounts payable and other accrued liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$68.94M	USD	Point-in-time
Accounts payable and other accrued liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$59.28M	USD	Point-in-time
Accrued payroll and benefits	`AccruedEmployeeBenefitsCurrent`	$25.97M	USD	Point-in-time
Accrued payroll and benefits	`AccruedEmployeeBenefitsCurrent`	$18.76M	USD	Point-in-time
Business acquisitions contingent consideration, current	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$31.45M	USD	Point-in-time
Business acquisitions contingent consideration, current	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$2.81M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$8.23M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$6.89M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$7.30M	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$2.90M	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$3.46M	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$3.51M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$8.75M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$10.94M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$147.69M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$101.29M	USD	Point-in-time
Business acquisitions contingent consideration, long-term	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$3.56M	USD	Point-in-time
Business acquisitions contingent consideration, long-term	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$4.35M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$81.00K	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$100.00K	USD	Point-in-time
Deferred tax liabilitiesnet	`DeferredIncomeTaxLiabilitiesNet`	$6.21M	USD	Point-in-time
Deferred tax liabilitiesnet	`DeferredIncomeTaxLiabilitiesNet`	$4.01M	USD	Point-in-time
Conversion option	`ConversionOptionNoncurrent`	$24.21M	USD	Point-in-time
Conversion option	`ConversionOptionNoncurrent`	$23.08M	USD	Point-in-time
Operating lease liabilitynet of current portion	`OperatingLeaseLiabilityNoncurrent`	$16.86M	USD	Point-in-time
Operating lease liabilitynet of current portion	`OperatingLeaseLiabilityNoncurrent`	$17.30M	USD	Point-in-time
Operating lease liabilitynet of current portion	`OperatingLeaseLiabilityNoncurrent`	$21.71M	USD	Point-in-time
Finance lease liabilitynet of current portion	`FinanceLeaseLiabilityNoncurrent`	$5.20M	USD	Point-in-time
Finance lease liabilitynet of current portion	`FinanceLeaseLiabilityNoncurrent`	$5.76M	USD	Point-in-time
Finance lease liabilitynet of current portion	`FinanceLeaseLiabilityNoncurrent`	$4.60M	USD	Point-in-time
Long-term debtnet of deferred financing fees	`LongTermDebtNoncurrent`	$157.70M	USD	Point-in-time
Long-term debtnet of deferred financing fees	`LongTermDebtNoncurrent`	$161.82M	USD	Point-in-time
Total liabilities	`Liabilities`	$363.67M	USD	Point-in-time
Total liabilities	`Liabilities`	$319.96M	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$477.78M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$464.14M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-147.68M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-162.97M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$36.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$33.00K	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$316.50M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$137.15M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$126.40M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$314.85M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$139.06M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$315.76M	USD	Point-in-time
TOTAL LIABILITIES, CONVERTIBLE AND REDEEMABLE SERIES A-2 PREFERRED STOCK AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$833.09M	USD	Point-in-time
TOTAL LIABILITIES, CONVERTIBLE AND REDEEMABLE SERIES A-2 PREFERRED STOCK AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$787.74M	USD	Point-in-time

Income Statement 74 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$139.91M	USD	1 Quarter
REVENUES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$136.22M	USD	1 Quarter
REVENUES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$274.59M	USD	2 Qtrs
REVENUES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$270.04M	USD	2 Qtrs
COST OF REVENUES (exclusive of depreciation and amortization shown below)	`CostOfRevenue`	$178.81M	USD	2 Qtrs
COST OF REVENUES (exclusive of depreciation and amortization shown below)	`CostOfRevenue`	$90.43M	USD	1 Quarter
COST OF REVENUES (exclusive of depreciation and amortization shown below)	`CostOfRevenue`	$187.42M	USD	2 Qtrs
COST OF REVENUES (exclusive of depreciation and amortization shown below)	`CostOfRevenue`	$92.10M	USD	1 Quarter
SELLING, GENERAL AND ADMINISTRATIVE EXPENSE	`SellingGeneralAndAdministrativeExpense`	$52.37M	USD	2 Qtrs
SELLING, GENERAL AND ADMINISTRATIVE EXPENSE	`SellingGeneralAndAdministrativeExpense`	$27.37M	USD	1 Quarter
SELLING, GENERAL AND ADMINISTRATIVE EXPENSE	`SellingGeneralAndAdministrativeExpense`	$46.46M	USD	1 Quarter
SELLING, GENERAL AND ADMINISTRATIVE EXPENSE	`SellingGeneralAndAdministrativeExpense`	$88.26M	USD	2 Qtrs
FAIR VALUE CHANGES IN BUSINESS ACQUISITIONS CONTINGENCIES	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-3.53M	USD	2 Qtrs
FAIR VALUE CHANGES IN BUSINESS ACQUISITIONS CONTINGENCIES	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$12.97M	USD	1 Quarter
FAIR VALUE CHANGES IN BUSINESS ACQUISITIONS CONTINGENCIES	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-3.51M	USD	1 Quarter
FAIR VALUE CHANGES IN BUSINESS ACQUISITIONS CONTINGENCIES	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$24.04M	USD	2 Qtrs
DEPRECIATION AND AMORTIZATION	`DepreciationAndAmortization`	$24.42M	USD	2 Qtrs
DEPRECIATION AND AMORTIZATION	`DepreciationAndAmortization`	$12.28M	USD	1 Quarter
DEPRECIATION AND AMORTIZATION	`DepreciationAndAmortization`	$21.67M	USD	2 Qtrs
DEPRECIATION AND AMORTIZATION	`DepreciationAndAmortization`	$9.88M	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-5.75M	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-15.45M	USD	2 Qtrs
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-13.38M	USD	2 Qtrs
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-6.09M	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$2.80M	USD	2 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-511.00K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-1.39M	USD	2 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$343.00K	USD	1 Quarter
Interest expensenet	`InterestIncomeExpenseNet`	$-6.80M	USD	1 Quarter
Interest expensenet	`InterestIncomeExpenseNet`	$-1.52M	USD	1 Quarter
Interest expensenet	`InterestIncomeExpenseNet`	$-2.61M	USD	2 Qtrs
Interest expensenet	`InterestIncomeExpenseNet`	$-9.49M	USD	2 Qtrs
Total other (expense) income - net	`NonoperatingIncomeExpense`	$-1.18M	USD	1 Quarter
Total other (expense) income - net	`NonoperatingIncomeExpense`	$194.00K	USD	2 Qtrs
Total other (expense) income - net	`NonoperatingIncomeExpense`	$-10.88M	USD	2 Qtrs
Total other (expense) income - net	`NonoperatingIncomeExpense`	$-7.31M	USD	1 Quarter
LOSS BEFORE EXPENSE (BENEFIT) FROM INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-13.40M	USD	1 Quarter
LOSS BEFORE EXPENSE (BENEFIT) FROM INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-26.33M	USD	2 Qtrs
LOSS BEFORE EXPENSE (BENEFIT) FROM INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-6.92M	USD	1 Quarter
LOSS BEFORE EXPENSE (BENEFIT) FROM INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-13.19M	USD	2 Qtrs
INCOME TAX EXPENSE (BENEFIT)	`IncomeTaxExpenseBenefit`	$-254.00K	USD	2 Qtrs
INCOME TAX EXPENSE (BENEFIT)	`IncomeTaxExpenseBenefit`	$-256.00K	USD	1 Quarter
INCOME TAX EXPENSE (BENEFIT)	`IncomeTaxExpenseBenefit`	$831.00K	USD	1 Quarter
INCOME TAX EXPENSE (BENEFIT)	`IncomeTaxExpenseBenefit`	$2.10M	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-7.54M	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-26.08M	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-15.29M	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-13.15M	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-7.75M	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-12.93M	USD	1 Quarter
EQUITY ADJUSTMENT FROM FOREIGN CURRENCY TRANSLATION	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$28.00K	USD	1 Quarter
EQUITY ADJUSTMENT FROM FOREIGN CURRENCY TRANSLATION	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$57.00K	USD	2 Qtrs
EQUITY ADJUSTMENT FROM FOREIGN CURRENCY TRANSLATION	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.00K	USD	2 Qtrs
EQUITY ADJUSTMENT FROM FOREIGN CURRENCY TRANSLATION	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-84.00K	USD	1 Quarter
COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-7.83M	USD	1 Quarter
COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-26.02M	USD	2 Qtrs
COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-15.29M	USD	2 Qtrs
COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTax`	$-13.12M	USD	1 Quarter
CONVERTIBLE AND REDEEMABLE SERIES A-2 PREFERRED STOCK DIVIDEND	`PreferredStockDividendsIncomeStatementImpact`	$8.20M	USD	2 Qtrs
CONVERTIBLE AND REDEEMABLE SERIES A-2 PREFERRED STOCK DIVIDEND	`PreferredStockDividendsIncomeStatementImpact`	$4.10M	USD	1 Quarter
CONVERTIBLE AND REDEEMABLE SERIES A-2 PREFERRED STOCK DIVIDEND	`PreferredStockDividendsIncomeStatementImpact`	$8.20M	USD	2 Qtrs
CONVERTIBLE AND REDEEMABLE SERIES A-2 PREFERRED STOCK DIVIDEND	`PreferredStockDividendsIncomeStatementImpact`	$4.10M	USD	1 Quarter
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-34.28M	USD	2 Qtrs
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-23.49M	USD	2 Qtrs
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-17.25M	USD	1 Quarter
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-11.85M	USD	1 Quarter
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING BASIC AND DILUTED	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	29.67M	shares	2 Qtrs
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING BASIC AND DILUTED	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	26.06M	shares	1 Quarter
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING BASIC AND DILUTED	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	29.68M	shares	1 Quarter
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING BASIC AND DILUTED	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	25.59M	shares	2 Qtrs
NET LOSS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS - BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	$-0.40	USD	1 Quarter
NET LOSS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS - BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	$-0.66	USD	1 Quarter
NET LOSS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS - BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	$-1.34	USD	2 Qtrs
NET LOSS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS - BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	$-0.79	USD	2 Qtrs

Cash Flow Statement 95 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-7.75M	USD	1 Quarter
Net loss	`ProfitLoss`	$-13.15M	USD	1 Quarter
Net loss	`ProfitLoss`	$-15.29M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-26.08M	USD	2 Qtrs
Provision for bad debt	`ProvisionForDoubtfulAccounts`	$590.00K	USD	2 Qtrs
Provision for bad debt	`ProvisionForDoubtfulAccounts`	$1.14M	USD	Annual
Provision for bad debt	`ProvisionForDoubtfulAccounts`	$-171.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$24.42M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$12.28M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$21.67M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$9.88M	USD	1 Quarter
Amortization of right-of-use asset	`OperatingAndFinanceLeaseRightOfUseAssetAmortization`	$4.58M	USD	2 Qtrs
Amortization of right-of-use asset	`OperatingAndFinanceLeaseRightOfUseAssetAmortization`	$4.03M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$10.93M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$2.42M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$21.36M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$4.22M	USD	2 Qtrs
Fair value changes in financial instruments	`EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet`	$-1.12M	USD	2 Qtrs
Fair value changes in financial instruments	`EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet`	$2.86M	USD	2 Qtrs
Fair value changes in business acquisitions contingencies	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-3.53M	USD	2 Qtrs
Fair value changes in business acquisitions contingencies	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$12.97M	USD	1 Quarter
Fair value changes in business acquisitions contingencies	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-3.51M	USD	1 Quarter
Fair value changes in business acquisitions contingencies	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$24.04M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$2.10M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-254.00K	USD	2 Qtrs
Debt extinguishment costs	`GainsLossesOnExtinguishmentOfDebt`	$-4.05M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$87.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-370.00K	USD	2 Qtrs
Accounts receivable and contract assets	`IncreaseDecreaseInReceivables`	$31.01M	USD	2 Qtrs
Accounts receivable and contract assets	`IncreaseDecreaseInReceivables`	$-8.25M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$433.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.32M	USD	2 Qtrs
Accounts payable and other accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-10.17M	USD	2 Qtrs
Accounts payable and other accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.79M	USD	2 Qtrs
Accrued payroll and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-7.79M	USD	2 Qtrs
Accrued payroll and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-2.85M	USD	2 Qtrs
Payment of contingent consideration	`IncreaseDecreaseInPaymentOfContingentConsideration`	$-19.46M	USD	2 Qtrs
Payment of contingent consideration	`IncreaseDecreaseInPaymentOfContingentConsideration`	$-15.55M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$107.00K	USD	2 Qtrs
Change in operating leases	`IncreaseDecreaseInOperatingLeaseLiability`	$-4.32M	USD	2 Qtrs
Change in operating leases	`IncreaseDecreaseInOperatingLeaseLiability`	$-3.94M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-17.05M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.94M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.50M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.35M	USD	2 Qtrs
Proceeds received from corporate owned insurance	`ProceedsReceivedFromCorporateOwnedInsurance`	$277.00K	USD	2 Qtrs
Proprietary software development and other software costs	`PaymentsToAcquireIntangibleAssets`	$208.00K	USD	2 Qtrs
Proprietary software development and other software costs	`PaymentsToAcquireIntangibleAssets`	$147.00K	USD	2 Qtrs
Purchase price true ups	`PaymentForPurchasePriceTrueUps`	$8.38M	USD	2 Qtrs
Purchase price true ups	`PaymentForPurchasePriceTrueUps`	$631.00K	USD	2 Qtrs
Cash paid for acquisitionsnet of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$14.88M	USD	2 Qtrs
Cash paid for acquisitionsnet of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$14.33M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-18.33M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-25.82M	USD	2 Qtrs
Proceeds from line of credit	`ProceedsFromLinesOfCredit`	$105.00M	USD	2 Qtrs
Payments on line of credit	`RepaymentsOfLinesOfCredit`	$40.00M	USD	2 Qtrs
Proceeds from term loans	`ProceedsFromLongTermLinesOfCredit`	$175.00M	USD	2 Qtrs
Repayment of term loan	`RepaymentsOfLongTermLinesOfCredit`	$6.56M	USD	2 Qtrs
Repayment of term loan	`RepaymentsOfLongTermLinesOfCredit`	$173.91M	USD	2 Qtrs
Payment of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$10.72M	USD	2 Qtrs
Payment of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$9.61M	USD	2 Qtrs
Repayment of finance leases	`RepaymentOfFinanceLeases`	$1.14M	USD	2 Qtrs
Repayment of finance leases	`RepaymentOfFinanceLeases`	$1.91M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$2.59M	USD	2 Qtrs
Proceeds from issuance of common stock for exercised stock options	`ProceedsFromStockOptionsExercised`	$3.09M	USD	2 Qtrs
Proceeds from issuance of common stock for exercised stock options	`ProceedsFromStockOptionsExercised`	$483.00K	USD	2 Qtrs
Dividend payment to the Series A-2 shareholders	`PaymentsOfDividends`	$8.20M	USD	2 Qtrs
Dividend payment to the Series A-2 shareholders	`PaymentsOfDividends`	$8.20M	USD	2 Qtrs
Payments of deferred offering costs	`PaymentsOfStockIssuanceCosts`	$183.00K	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$47.64M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-27.10M	USD	2 Qtrs
CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-48.37M	USD	2 Qtrs
CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$4.78M	USD	2 Qtrs
Foreign exchange impact on cash balance	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$41.00K	USD	2 Qtrs
Foreign exchange impact on cash balance	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$526.00K	USD	2 Qtrs
Beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$34.88M	USD	Point-in-time
Beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$98.41M	USD	Point-in-time
Beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$40.19M	USD	Point-in-time
Beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$146.74M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$34.88M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$98.41M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$40.19M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$146.74M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$3.40M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$3.20M	USD	2 Qtrs
Cash paid for income tax	`IncomeTaxesPaidNet`	$305.00K	USD	2 Qtrs
Cash paid for income tax	`IncomeTaxesPaidNet`	$699.00K	USD	2 Qtrs
Accrued purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$907.00K	USD	2 Qtrs
Accrued purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$1.41M	USD	2 Qtrs
Property and equipment purchased under finance leases	`NonCashPropertyAndEquipmentPurchasedUnderFinanceLeases`	$1.27M	USD	2 Qtrs
Property and equipment purchased under finance leases	`NonCashPropertyAndEquipmentPurchasedUnderFinanceLeases`	$1.77M	USD	2 Qtrs
Common stock issued to acquire new businesses	`NonCashCommonStockIssuedToAcquireNewBusinesses`	$2.75M	USD	2 Qtrs
Acquisitions unpaid contingent consideration	`NonCashAcquisitionsUnpaidContingentLiabilities`	$31.15M	USD	2 Qtrs
Acquisitions unpaid contingent consideration	`NonCashAcquisitionsUnpaidContingentLiabilities`	$6.37M	USD	2 Qtrs
Acquisitions contingent consideration paid in shares	`NonCashAcquisitionContingentConsiderationPaidInShares`	$25.00M	USD	2 Qtrs

Stockholders Equity 38 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$316.50M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$137.15M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$126.40M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$314.85M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$139.06M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$315.76M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-7.54M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-26.08M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-15.29M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-13.15M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-7.75M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-12.93M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.80M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.43M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.93M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.42M	USD	1 Quarter
Dividend payment to the Series A-2 preferred shareholders	`DividendsPreferredStock`	$4.10M	USD	1 Quarter
Dividend payment to the Series A-2 preferred shareholders	`DividendsPreferredStock`	$4.10M	USD	1 Quarter
Dividend payment to the Series A-2 preferred shareholders	`DividendsPreferredStock`	$4.10M	USD	1 Quarter
Dividend payment to the Series A-2 preferred shareholders	`DividendsPreferredStock`	$4.10M	USD	1 Quarter
Common stock issued	`AdjustmentsToAdditionalPaidInCapitalStockIssuedDuringPeriod`	$4.46M	USD	1 Quarter
Common stock issued	`AdjustmentsToAdditionalPaidInCapitalStockIssuedDuringPeriod`	$27.46M	USD	1 Quarter
Common stock issued	`AdjustmentsToAdditionalPaidInCapitalStockIssuedDuringPeriod`	$54.00K	USD	1 Quarter
Common stock issued	`AdjustmentsToAdditionalPaidInCapitalStockIssuedDuringPeriod`	$429.00K	USD	1 Quarter
Common stock issued, shares	`StockIssuedDuringPeriodSharesNewIssues`	3,575.00	shares	1 Quarter
Common stock issued, shares	`StockIssuedDuringPeriodSharesNewIssues`	669,331.00	shares	1 Quarter
Common stock issued, shares	`StockIssuedDuringPeriodSharesNewIssues`	59,471.00	shares	2 Qtrs
Common stock issued, shares	`StockIssuedDuringPeriodSharesNewIssues`	1.18M	shares	2 Qtrs
Accumulated other comprehensive income (loss)	`IncreaseDecreaseAccumulatedOtherComprehensiveIncomeLossNetOfTax`	$28.00K	USD	1 Quarter
Accumulated other comprehensive income (loss)	`IncreaseDecreaseAccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-48.00K	USD	1 Quarter
Accumulated other comprehensive income (loss)	`IncreaseDecreaseAccumulatedOtherComprehensiveIncomeLossNetOfTax`	$29.00K	USD	1 Quarter
Accumulated other comprehensive income (loss)	`IncreaseDecreaseAccumulatedOtherComprehensiveIncomeLossNetOfTax`	$45.00K	USD	1 Quarter
Ending balance	`StockholdersEquity`	$316.50M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$137.15M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$126.40M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$314.85M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$139.06M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$315.76M	USD	Point-in-time

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