10-Q Filing

MONTROSE ENVIRONMENTAL GROUP, INC. CIK: 1643615 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001564590-21-056270`
Period End Date	20210930
Filing Date	20211110
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	meg-10q_20210930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 79 Cash Flow Statement 106 Stockholders Equity 67

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Cash and restricted cash	`CashCashEquivalentsAndShortTermInvestments`	$16.01M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Cash and restricted cash	`CashCashEquivalentsAndShortTermInvestments`	$34.88M	USD	Point-in-time
Accounts receivablenet	`AccountsReceivableNetCurrent`	$54.10M	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`	$66.47M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	24.93M	shares	Point-in-time
Contract assets	`UnbilledReceivablesCurrent`	$46.27M	USD	Point-in-time
Contract assets	`UnbilledReceivablesCurrent`	$38.58M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	26.53M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	26.53M	shares	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$9.84M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	24.93M	shares	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.71M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$134.27M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$138.59M	USD	Point-in-time
Property and equipmentnet	`PropertyPlantAndEquipmentNet`	$31.08M	USD	Point-in-time
Property and equipmentnet	`PropertyPlantAndEquipmentNet`	$34.40M	USD	Point-in-time
Operating lease right-of-use assetnet	`OperatingLeaseRightOfUseAsset`	$24.60M	USD	Point-in-time
Operating lease right-of-use assetnet	`OperatingLeaseRightOfUseAsset`	$23.11M	USD	Point-in-time
Finance lease right-of-use assetnet	`FinanceLeaseRightOfUseAsset`	$7.20M	USD	Point-in-time
Finance lease right-of-use assetnet	`FinanceLeaseRightOfUseAsset`	$7.49M	USD	Point-in-time
Goodwill	`Goodwill`	$274.67M	USD	Point-in-time
Goodwill	`Goodwill`	$304.24M	USD	Point-in-time
Other intangible assetsnet	`FiniteLivedIntangibleAssetsNet`	$160.24M	USD	Point-in-time
Other intangible assetsnet	`FiniteLivedIntangibleAssetsNet`	$154.85M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.87M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.54M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$602.73M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$667.62M	USD	Point-in-time
Accounts payable and other accrued liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$42.37M	USD	Point-in-time
Accounts payable and other accrued liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$34.88M	USD	Point-in-time
Accrued payroll and benefits	`AccruedEmployeeBenefitsCurrent`	$21.18M	USD	Point-in-time
Accrued payroll and benefits	`AccruedEmployeeBenefitsCurrent`	$22.48M	USD	Point-in-time
Business acquisitions contingent consideration, current	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$49.90M	USD	Point-in-time
Business acquisitions contingent consideration, current	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$31.15M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$7.30M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$6.71M	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$3.17M	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$2.90M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$8.75M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$5.58M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$114.65M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$111.54M	USD	Point-in-time
Business acquisitions contingent consideration, long-term	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$4.20M	USD	Point-in-time
Business acquisitions contingent consideration, long-term	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$4.57M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$2.52M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$2.45M	USD	Point-in-time
Deferred tax liabilitiesnet	`DeferredIncomeTaxLiabilitiesNet`	$3.06M	USD	Point-in-time
Deferred tax liabilitiesnet	`DeferredIncomeTaxLiabilitiesNet`	$2.81M	USD	Point-in-time
Operating lease liabilitynet of current portion	`OperatingLeaseLiabilityNoncurrent`	$17.30M	USD	Point-in-time
Operating lease liabilitynet of current portion	`OperatingLeaseLiabilityNoncurrent`	$16.58M	USD	Point-in-time
Finance lease liabilitynet of current portion	`FinanceLeaseLiabilityNoncurrent`	$4.60M	USD	Point-in-time
Finance lease liabilitynet of current portion	`FinanceLeaseLiabilityNoncurrent`	$4.64M	USD	Point-in-time
Long-term debtnet of deferred financing fees	`LongTermDebtNoncurrent`	$200.88M	USD	Point-in-time
Long-term debtnet of deferred financing fees	`LongTermDebtNoncurrent`	$170.32M	USD	Point-in-time
Total liabilities	`Liabilities`	$368.99M	USD	Point-in-time
Total liabilities	`Liabilities`	$312.65M	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`	$259.43M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$291.85M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-146.21M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-122.35M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$71.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$54.00K	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$139.06M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$127.74M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$-38.12M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$-26.29M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$145.70M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$-71.77M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$138.77M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$137.15M	USD	Point-in-time
TOTAL LIABILITIES, CONVERTIBLE AND REDEEMABLE SERIES A-2 PREFERRED STOCK AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$667.62M	USD	Point-in-time
TOTAL LIABILITIES, CONVERTIBLE AND REDEEMABLE SERIES A-2 PREFERRED STOCK AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$602.73M	USD	Point-in-time

Income Statement 79 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$219.50M	USD	3 Qtrs
REVENUES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$132.58M	USD	1 Quarter
REVENUES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$84.70M	USD	1 Quarter
REVENUES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$402.62M	USD	3 Qtrs
COST OF REVENUES (exclusive of depreciation and amortization shown below)	`CostOfRevenue`	$51.83M	USD	1 Quarter
COST OF REVENUES (exclusive of depreciation and amortization shown below)	`CostOfRevenue`	$272.66M	USD	3 Qtrs
COST OF REVENUES (exclusive of depreciation and amortization shown below)	`CostOfRevenue`	$142.12M	USD	3 Qtrs
COST OF REVENUES (exclusive of depreciation and amortization shown below)	`CostOfRevenue`	$85.24M	USD	1 Quarter
SELLING, GENERAL AND ADMINISTRATIVE EXPENSE	`SellingGeneralAndAdministrativeExpense`	$64.81M	USD	3 Qtrs
SELLING, GENERAL AND ADMINISTRATIVE EXPENSE	`SellingGeneralAndAdministrativeExpense`	$30.50M	USD	1 Quarter
SELLING, GENERAL AND ADMINISTRATIVE EXPENSE	`SellingGeneralAndAdministrativeExpense`	$24.44M	USD	1 Quarter
SELLING, GENERAL AND ADMINISTRATIVE EXPENSE	`SellingGeneralAndAdministrativeExpense`	$82.86M	USD	3 Qtrs
FAIR VALUE CHANGES IN BUSINESS ACQUISITIONS CONTINGENT CONSIDERATION	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$13.40M	USD	1 Quarter
FAIR VALUE CHANGES IN BUSINESS ACQUISITIONS CONTINGENT CONSIDERATION	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$24.04M	USD	3 Qtrs
FAIR VALUE CHANGES IN BUSINESS ACQUISITIONS CONTINGENT CONSIDERATION	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$17.39M	USD	3 Qtrs
DEPRECIATION AND AMORTIZATION	`DepreciationAndAmortization`	$9.74M	USD	1 Quarter
DEPRECIATION AND AMORTIZATION	`DepreciationAndAmortization`	$27.08M	USD	3 Qtrs
DEPRECIATION AND AMORTIZATION	`DepreciationAndAmortization`	$11.47M	USD	1 Quarter
DEPRECIATION AND AMORTIZATION	`DepreciationAndAmortization`	$33.15M	USD	3 Qtrs
INCOME (LOSS) FROM OPERATIONS	`OperatingIncomeLoss`	$-14.71M	USD	1 Quarter
INCOME (LOSS) FROM OPERATIONS	`OperatingIncomeLoss`	$-10.09M	USD	3 Qtrs
INCOME (LOSS) FROM OPERATIONS	`OperatingIncomeLoss`	$-31.89M	USD	3 Qtrs
INCOME (LOSS) FROM OPERATIONS	`OperatingIncomeLoss`	$5.37M	USD	1 Quarter
Other expense	`OtherNonoperatingIncomeExpense`	$-17.53M	USD	3 Qtrs
Other expense	`OtherNonoperatingIncomeExpense`	$-516.00K	USD	1 Quarter
Other expense	`OtherNonoperatingIncomeExpense`	$-1.91M	USD	3 Qtrs
Other expense	`OtherNonoperatingIncomeExpense`	$-9.64M	USD	1 Quarter
Interest expensenet	`InterestIncomeExpenseNet`	$-1.72M	USD	1 Quarter
Interest expensenet	`InterestIncomeExpenseNet`	$-10.90M	USD	3 Qtrs
Interest expensenet	`InterestIncomeExpenseNet`	$-3.04M	USD	1 Quarter
Interest expensenet	`InterestIncomeExpenseNet`	$-11.21M	USD	3 Qtrs
Total other expensesnet	`NonoperatingIncomeExpense`	$-2.24M	USD	1 Quarter
Total other expensesnet	`NonoperatingIncomeExpense`	$-12.68M	USD	1 Quarter
Total other expensesnet	`NonoperatingIncomeExpense`	$-28.43M	USD	3 Qtrs
Total other expensesnet	`NonoperatingIncomeExpense`	$-13.12M	USD	3 Qtrs
INCOME (LOSS) BEFORE EXPENSE (BENEFIT) FROM INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.13M	USD	1 Quarter
INCOME (LOSS) BEFORE EXPENSE (BENEFIT) FROM INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-23.20M	USD	3 Qtrs
INCOME (LOSS) BEFORE EXPENSE (BENEFIT) FROM INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-27.39M	USD	1 Quarter
INCOME (LOSS) BEFORE EXPENSE (BENEFIT) FROM INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-60.32M	USD	3 Qtrs
INCOME TAX EXPENSE (BENEFIT)	`IncomeTaxExpenseBenefit`	$3.35M	USD	1 Quarter
INCOME TAX EXPENSE (BENEFIT)	`IncomeTaxExpenseBenefit`	$648.00K	USD	3 Qtrs
INCOME TAX EXPENSE (BENEFIT)	`IncomeTaxExpenseBenefit`	$902.00K	USD	1 Quarter
INCOME TAX EXPENSE (BENEFIT)	`IncomeTaxExpenseBenefit`	$-1.56M	USD	3 Qtrs
NET INCOME (LOSS)	`NetIncomeLoss`	$2.23M	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$13.22M	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$-58.76M	USD	3 Qtrs
NET INCOME (LOSS)	`NetIncomeLoss`	$-23.85M	USD	3 Qtrs
NET INCOME (LOSS)	`NetIncomeLoss`	$-11.60M	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$-30.74M	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$-14.48M	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$-41.25M	USD	1 Quarter
EQUITY ADJUSTMENT FROM FOREIGN CURRENCY TRANSLATION	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$80.00K	USD	1 Quarter
EQUITY ADJUSTMENT FROM FOREIGN CURRENCY TRANSLATION	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-17.00K	USD	3 Qtrs
EQUITY ADJUSTMENT FROM FOREIGN CURRENCY TRANSLATION	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-74.00K	USD	1 Quarter
EQUITY ADJUSTMENT FROM FOREIGN CURRENCY TRANSLATION	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$27.00K	USD	3 Qtrs
COMPREHENSIVE INCOME (LOSS)	`ComprehensiveIncomeNetOfTax`	$-30.66M	USD	1 Quarter
COMPREHENSIVE INCOME (LOSS)	`ComprehensiveIncomeNetOfTax`	$2.15M	USD	1 Quarter
COMPREHENSIVE INCOME (LOSS)	`ComprehensiveIncomeNetOfTax`	$-23.87M	USD	3 Qtrs
COMPREHENSIVE INCOME (LOSS)	`ComprehensiveIncomeNetOfTax`	$-58.73M	USD	3 Qtrs
ACCRETION OF REDEEMABLE SERIES A-1 PREFERRED STOCK	`TemporaryEquityAccretionToRedemptionValueAdjustment`	$6.54M	USD	1 Quarter
ACCRETION OF REDEEMABLE SERIES A-1 PREFERRED STOCK	`TemporaryEquityAccretionToRedemptionValueAdjustment`	$17.60M	USD	3 Qtrs
REDEEMABLE SERIES A-1 PREFERRED STOCK DEEMED DIVIDEND	`RedeemablePreferredStockDividends`	$24.34M	USD	3 Qtrs
REDEEMABLE SERIES A-1 PREFERRED STOCK DEEMED DIVIDEND	`RedeemablePreferredStockDividends`	$24.34M	USD	1 Quarter
CONVERTIBLE AND REDEEMABLE SERIES A-2 PREFERRED STOCK DIVIDEND	`PreferredStockDividendsIncomeStatementImpact`	$2.87M	USD	1 Quarter
CONVERTIBLE AND REDEEMABLE SERIES A-2 PREFERRED STOCK DIVIDEND	`PreferredStockDividendsIncomeStatementImpact`	$2.87M	USD	3 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`	$12.30M	USD	3 Qtrs
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-1.87M	USD	1 Quarter
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-36.15M	USD	3 Qtrs
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-103.57M	USD	3 Qtrs
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-64.49M	USD	1 Quarter
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING BASIC AND DILUTED	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	25.80M	shares	3 Qtrs
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING BASIC AND DILUTED	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	13.67M	shares	3 Qtrs
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING BASIC AND DILUTED	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	21.55M	shares	1 Quarter
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING BASIC AND DILUTED	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	26.22M	shares	1 Quarter
NET LOSS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	$-1.40	USD	3 Qtrs
NET LOSS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	$-0.07	USD	1 Quarter
NET LOSS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	$-2.99	USD	1 Quarter
NET LOSS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	$-7.58	USD	3 Qtrs

Cash Flow Statement 106 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-58.76M	USD	3 Qtrs
Net loss	`ProfitLoss`	$2.23M	USD	1 Quarter
Net loss	`ProfitLoss`	$-30.74M	USD	1 Quarter
Net loss	`ProfitLoss`	$-23.85M	USD	3 Qtrs
Provision for bad debt	`ProvisionForDoubtfulAccounts`	$4.53M	USD	Annual
Provision for bad debt	`ProvisionForDoubtfulAccounts`	$6.45M	USD	3 Qtrs
Provision for bad debt	`ProvisionForDoubtfulAccounts`	$6.30M	USD	1 Quarter
Provision for bad debt	`ProvisionForDoubtfulAccounts`	$803.00K	USD	3 Qtrs
DEPRECIATION AND AMORTIZATION	`DepreciationAndAmortization`	$9.74M	USD	1 Quarter
DEPRECIATION AND AMORTIZATION	`DepreciationAndAmortization`	$27.08M	USD	3 Qtrs
DEPRECIATION AND AMORTIZATION	`DepreciationAndAmortization`	$11.47M	USD	1 Quarter
DEPRECIATION AND AMORTIZATION	`DepreciationAndAmortization`	$33.15M	USD	3 Qtrs
Amortization of right-of-use asset	`OperatingAndFinanceLeaseRightOfUseAssetAmortization`	$5.95M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$3.44M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$6.59M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$2.37M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$1.15M	USD	1 Quarter
Fair value changes in embedded derivatives	`EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet`	$-1.65M	USD	3 Qtrs
Fair value changes in embedded derivatives	`EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet`	$-17.49M	USD	3 Qtrs
FAIR VALUE CHANGES IN BUSINESS ACQUISITIONS CONTINGENT CONSIDERATION	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$13.40M	USD	1 Quarter
FAIR VALUE CHANGES IN BUSINESS ACQUISITIONS CONTINGENT CONSIDERATION	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$24.04M	USD	3 Qtrs
FAIR VALUE CHANGES IN BUSINESS ACQUISITIONS CONTINGENT CONSIDERATION	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$17.39M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$232.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-1.56M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$1.18M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-68.00K	USD	3 Qtrs
Debt extinguishment costs	`GainsLossesOnExtinguishmentOfDebt`	$-4.05M	USD	3 Qtrs
Accounts receivable and contract assets	`IncreaseDecreaseInReceivables`	$12.50M	USD	3 Qtrs
Accounts receivable and contract assets	`IncreaseDecreaseInReceivables`	$7.74M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.35M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.78M	USD	3 Qtrs
Accounts payable and other accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-4.83M	USD	3 Qtrs
Accounts payable and other accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-3.42M	USD	3 Qtrs
Accrued payroll and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$61.00K	USD	3 Qtrs
Accrued payroll and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$6.08M	USD	3 Qtrs
Payment of contingent consideration and other assumed purchase price obligations	`IncreaseDecreaseInPaymentOfContingentConsiderationAndOtherAssumedPurchasePriceObligations`	$-15.55M	USD	3 Qtrs
Payment of contingent consideration and other assumed purchase price obligations	`IncreaseDecreaseInPaymentOfContingentConsiderationAndOtherAssumedPurchasePriceObligations`	$-6.39M	USD	3 Qtrs
Change in operating leases	`IncreaseDecreaseInOperatingLeases`	$-5.76M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.88M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$13.71M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.37M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.41M	USD	3 Qtrs
Proprietary software development and other software costs	`PaymentsToAcquireIntangibleAssets`	$370.00K	USD	3 Qtrs
Proprietary software development and other software costs	`PaymentsToAcquireIntangibleAssets`	$241.00K	USD	3 Qtrs
Purchase price true ups	`PaymentForPurchasePriceTrueUps`	$8.56M	USD	3 Qtrs
Proceeds from net working capital adjustment related to acquisitions	`ProceedsFromNetWorkingCapitalAdjustmentRelatedToAcquisitions`	$2.82M	USD	3 Qtrs
Cash paid for acquisitionsnet of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$36.48M	USD	3 Qtrs
Cash paid for acquisitionsnet of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$173.92M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-50.69M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-176.84M	USD	3 Qtrs
Proceeds from line of credit	`ProceedsFromLinesOfCredit`	$104.39M	USD	3 Qtrs
Proceeds from line of credit	`ProceedsFromLinesOfCredit`	$109.00M	USD	3 Qtrs
Payments on line of credit	`RepaymentsOfLinesOfCredit`	$201.98M	USD	3 Qtrs
Payments on line of credit	`RepaymentsOfLinesOfCredit`	$72.00M	USD	3 Qtrs
Proceeds from term loans	`ProceedsFromLongTermLinesOfCredit`	$175.00M	USD	3 Qtrs
Proceeds from term loans	`ProceedsFromLongTermLinesOfCredit`	$175.00M	USD	3 Qtrs
Repayment of term loan	`RepaymentsOfLongTermLinesOfCredit`	$173.91M	USD	3 Qtrs
Repayment of term loan	`RepaymentsOfLongTermLinesOfCredit`	$49.30M	USD	3 Qtrs
Payment of contingent consideration and other purchase price obligations	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$9.61M	USD	3 Qtrs
Payment of contingent consideration and other purchase price obligations	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$6.00M	USD	3 Qtrs
Repayment of finance leases	`RepaymentOfFinanceLeases`	$2.26M	USD	3 Qtrs
Repayment of finance leases	`RepaymentOfFinanceLeases`	$1.88M	USD	3 Qtrs
Proceeds from issuance of common stock in connection with initial public offering, net of issuance costs	`ProceedsFromIssuanceInitialPublicOffering`	$161.29M	USD	3 Qtrs
Payments of deferred offering costs	`PaymentsOfStockIssuanceCosts`	$2.92M	USD	3 Qtrs
Prepayment premium on credit facility	`PrepaymentProceedsFromPremiumOnCreditFacility`	$351.00K	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$2.59M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$4.87M	USD	3 Qtrs
Proceeds from issuance of common stock for exercised stock options	`ProceedsFromStockOptionsExercised`	$6.03M	USD	3 Qtrs
Proceeds from issuance of common stock for exercised stock options	`ProceedsFromStockOptionsExercised`	$171.00K	USD	3 Qtrs
Issuance of convertible and redeemable Series A-2 preferred stock and warrant	`ProceedsFromIssuanceOfPreferredStockPreferenceStockAndWarrants`	$173.66M	USD	3 Qtrs
Redemption of the Series A-1 preferred stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$131.82M	USD	3 Qtrs
Dividend payment to the Series A-2 shareholders	`PaymentsOfDividends`	$2.87M	USD	3 Qtrs
Dividend payment to the Series A-2 shareholders	`PaymentsOfDividends`	$12.30M	USD	3 Qtrs
Exercise of warrant options	`ProceedsFromWarrantExercises`	$25.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$17.75M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$212.17M	USD	3 Qtrs
CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-19.23M	USD	3 Qtrs
CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$31.45M	USD	3 Qtrs
Foreign exchange impact on cash balance	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$357.00K	USD	3 Qtrs
Foreign exchange impact on cash balance	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$43.00K	USD	3 Qtrs
Beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$38.38M	USD	Point-in-time
Beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$34.88M	USD	Point-in-time
Beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$16.01M	USD	Point-in-time
Beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$6.88M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$38.38M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$34.88M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$16.01M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$6.88M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$9.37M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$4.65M	USD	3 Qtrs
Cash paid for income tax	`IncomeTaxesPaidNet`	$171.00K	USD	3 Qtrs
Cash paid for income tax	`IncomeTaxesPaidNet`	$958.00K	USD	3 Qtrs
Series A-1 preferred stock deemed dividendsnet of return from holders	`NoncashPreferredStockDeemedDividendNetOfReturnFromHolders`	$24.34M	USD	3 Qtrs
Series A-1 preferred stock dividend paid in common shares	`NoncashPreferredStockDividendPaidInCommonShares`	$26.80M	USD	3 Qtrs
Accrued purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$1.17M	USD	3 Qtrs
Accrued purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$486.00K	USD	3 Qtrs
Property and equipment purchased under finance leases	`NonCashPropertyAndEquipmentPurchasedUnderFinanceLeases`	$1.75M	USD	3 Qtrs
Property and equipment purchased under finance leases	`NonCashPropertyAndEquipmentPurchasedUnderFinanceLeases`	$1.77M	USD	3 Qtrs
Accretion of the redeemable series A-1 preferred stock to redeemable value	`NonCashAccretionOfRedeemableSeriesA1PreferredStockToRedeemableValue`	$17.60M	USD	3 Qtrs
Common stock issued to acquire new businesses	`NonCashCommonStockIssuedToAcquireNewBusinesses`	$25.00M	USD	3 Qtrs
Common stock issued to acquire new businesses	`NonCashCommonStockIssuedToAcquireNewBusinesses`	$6.02M	USD	3 Qtrs
Acquisitions unpaid contingent consideration	`NonCashAcquisitionsUnpaidContingentLiabilities`	$58.91M	USD	3 Qtrs
Acquisitions unpaid contingent consideration	`NonCashAcquisitionsUnpaidContingentLiabilities`	$35.35M	USD	3 Qtrs
Offering costs included in accounts payable and other accrued liabilities	`NonCashOfferingCostsIncludedInAccountsPayableAndOtherAccruedLiabilities`	$1.24M	USD	3 Qtrs
Offering costs included in accounts payable and other accrued liabilities	`NonCashOfferingCostsIncludedInAccountsPayableAndOtherAccruedLiabilities`	$389.00K	USD	3 Qtrs
Acquisitions contingent consideration and purchase price true ups paid in shares	`NonCashAcquisitionsContingentConsiderationAndPurchasePriceTrueUpsPaidInShares`	$26.08M	USD	3 Qtrs

Stockholders Equity 67 line items

Line Item	Tag	Value	Unit	Period
Stock issuance costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$15.60M	USD	1 Quarter
Beginning balance	`StockholdersEquity`	$139.06M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$127.74M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-38.12M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-26.29M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$145.70M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-71.77M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$138.77M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$137.15M	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$2.23M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$13.22M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-58.76M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-23.85M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-11.60M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-30.74M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-14.48M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-41.25M	USD	1 Quarter
Accretion of the redeemable series A-1 preferred stock to redeemable value	`AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock`	$6.54M	USD	1 Quarter
Accretion of the redeemable series A-1 preferred stock to redeemable value	`AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock`	$5.42M	USD	1 Quarter
Accretion of the redeemable series A-1 preferred stock to redeemable value	`AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock`	$5.64M	USD	1 Quarter
Series A-1 preferred stock deemed dividend	`AdjustmentsToAdditionalPaidInCapitalDeemedDividendRedeemablePreferredStock`	$24.34M	USD	1 Quarter
Redemption of the series A-1	`StockIssuedDuringPeriodValueNewIssuesRedemptionOfPreferredStock`	$26.80M	USD	3 Qtrs
Redemption of the series A-1	`StockIssuedDuringPeriodValueNewIssuesRedemptionOfPreferredStock`	$26.80M	USD	1 Quarter
Redemption of the series A-1, shares	`StockIssuedDuringPeriodSharesNewIssuesRedemptionOfPreferredStock`	1.79M	shares	1 Quarter
Redemption of the series A-1, shares	`StockIssuedDuringPeriodSharesNewIssuesRedemptionOfPreferredStock`	1.79M	shares	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.15M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.42M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.15M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.37M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.14M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.80M	USD	1 Quarter
Common stock issued	`StockIssuedDuringPeriodValueNewIssues`	$150.00K	USD	1 Quarter
Common stock issued	`StockIssuedDuringPeriodValueNewIssues`	$224.51M	USD	3 Qtrs
Common stock issued	`StockIssuedDuringPeriodValueNewIssues`	$6.22M	USD	1 Quarter
Common stock issued	`StockIssuedDuringPeriodValueNewIssues`	$25.02M	USD	1 Quarter
Common stock issued	`StockIssuedDuringPeriodValueNewIssues`	$27.46M	USD	1 Quarter
Common stock issued	`StockIssuedDuringPeriodValueNewIssues`	$38.14M	USD	3 Qtrs
Common stock issued	`StockIssuedDuringPeriodValueNewIssues`	$4.46M	USD	1 Quarter
Common stock issued, shares	`StockIssuedDuringPeriodSharesNewIssues`	417,656.00	shares	1 Quarter
Common stock issued, shares	`StockIssuedDuringPeriodSharesNewIssues`	1.59M	shares	3 Qtrs
Common stock issued, shares	`StockIssuedDuringPeriodSharesNewIssues`	16.52M	shares	3 Qtrs
Common stock issued, shares	`StockIssuedDuringPeriodSharesNewIssues`	15.73M	shares	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`	$2.87M	USD	1 Quarter
Exercise of the series A-1 preferred stock warrant	`ExerciseOfRedeemableA1PreferredStockWarrantValue`	$11.87M	USD	1 Quarter
Exercise of the series A-2 preferred stock warrant	`ExerciseOfRedeemableConvertibleA2PreferredStockWarrantValue`	$44.44M	USD	1 Quarter
Issuance of common stock in connection with the initial public offering, net of issuance costs of $15.6 million	`StockIssuedDuringPeriodValueNewIssuesInConnectionWithInitialPublicOfferingNetOfIssuanceCosts`	$156.88M	USD	1 Quarter
Issuance of common stock in connection with the initial public offering, net of issuance costs of $15.6 million, shares	`StockIssuedDuringPeriodSharesNewIssuesInConnectionWithInitialPublicOfferingNetOfIssuanceCosts`	11.50M	shares	3 Qtrs
Issuance of common stock in connection with the initial public offering, net of issuance costs of $15.6 million, shares	`StockIssuedDuringPeriodSharesNewIssuesInConnectionWithInitialPublicOfferingNetOfIssuanceCosts`	11.50M	shares	1 Quarter
Cancellation of shares	`CancellationOfShares`	117,785.00	shares	1 Quarter
Cancellation of shares	`CancellationOfShares`	117,785.00	shares	3 Qtrs
Accumulated other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$37.00K	USD	1 Quarter
Accumulated other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$28.00K	USD	1 Quarter
Accumulated other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$80.00K	USD	1 Quarter
Accumulated other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-74.00K	USD	1 Quarter
Accumulated other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-90.00K	USD	1 Quarter
Accumulated other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$29.00K	USD	1 Quarter
Ending balance	`StockholdersEquity`	$139.06M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$127.74M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-38.12M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-26.29M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$145.70M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-71.77M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$138.77M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$137.15M	USD	Point-in-time

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