Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Stockholders' Equity (Deficit)

v3.21.2
Condensed Consolidated Statements of Stockholders' Equity (Deficit) - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid In Capital
Accumulated Other Comprehensive Income
Accumulated Deficit
Beginning Balance at Dec. 31, 2019 $ (63,602) $ 2,620 $ 90,358   $ (156,580)
Beginning Balance , Shares at Dec. 31, 2019   261,749,196      
Adoption of new accounting standards, net of tax 19,798       19,798
Stock-based compensation expense 387   387    
Shares repurchased (324)   (324)    
Shares repurchased, Shares   (4,624)      
Net income (loss) 8,860       8,860
Ending Balance at Mar. 31, 2020 (34,881) $ 2,620 90,421   (127,922)
Ending Balance , Shares at Mar. 31, 2020   261,744,572      
Beginning Balance at Dec. 31, 2019 (63,602) $ 2,620 90,358   (156,580)
Beginning Balance , Shares at Dec. 31, 2019   261,749,196      
Gain (loss) on interest rate swap (1,189)        
Net income (loss) 19,975        
Ending Balance at Sep. 30, 2020 (24,173) $ 2,621 91,202 $ (1,189) (116,807)
Ending Balance , Shares at Sep. 30, 2020   261,890,150      
Beginning Balance at Mar. 31, 2020 (34,881) $ 2,620 90,421   (127,922)
Beginning Balance , Shares at Mar. 31, 2020   261,744,572      
Stock-based compensation expense 398   398    
Shares repurchased (5)   (5)    
Shares repurchased, Shares   (2,400)      
Gain (loss) on interest rate swap (901)     (901)  
Net income (loss) (8,754)       (8,754)
Ending Balance at Jun. 30, 2020 (44,143) $ 2,620 90,814 (901) (136,676)
Ending Balance , Shares at Jun. 30, 2020   261,742,172      
Stock-based compensation expense 402   402    
Exercise of stock options 20 $ 1 19    
Exercise of stock options , Shares   162,378      
Shares repurchased (33)   (33)    
Shares repurchased, Shares   (14,400)      
Gain (loss) on interest rate swap (288)     (288)  
Net income (loss) 19,869       19,869
Ending Balance at Sep. 30, 2020 (24,173) $ 2,621 91,202 (1,189) (116,807)
Ending Balance , Shares at Sep. 30, 2020   261,890,150      
Beginning Balance at Dec. 31, 2020 16,650 $ 2,622 91,523 (1,117) (76,378)
Beginning Balance , Shares at Dec. 31, 2020   261,907,622      
Stock-based compensation expense 310   310    
Exercise of stock options 267 $ 7 260    
Exercise of stock options , Shares   688,430      
Shares repurchased (534)   (534)    
Shares repurchased, Shares   (180,681)      
Gain (loss) on interest rate swap 319     319  
Net income (loss) 24,584       24,584
Ending Balance at Mar. 31, 2021 41,596 $ 2,629 91,559 (798) (51,794)
Ending Balance , Shares at Mar. 31, 2021   262,415,371      
Beginning Balance at Dec. 31, 2020 16,650 $ 2,622 91,523 (1,117) (76,378)
Beginning Balance , Shares at Dec. 31, 2020   261,907,622      
Ending Balance at Jun. 30, 2021 574,017 $ 2,967 733,914 (770) (162,094)
Ending Balance , Shares at Jun. 30, 2021   296,062,478      
Beginning Balance at Dec. 31, 2020 $ 16,650 $ 2,622 91,523 (1,117) (76,378)
Beginning Balance , Shares at Dec. 31, 2020   261,907,622      
Exercise of stock options , Shares 3,389,214        
Gain (loss) on interest rate swap $ 401        
Net income (loss) (58,350)        
Ending Balance at Sep. 30, 2021 608,188 $ 2,975 740,657 (716) (134,728)
Ending Balance , Shares at Sep. 30, 2021   296,794,199      
Beginning Balance at Mar. 31, 2021 41,596 $ 2,629 91,559 (798) (51,794)
Beginning Balance , Shares at Mar. 31, 2021   262,415,371      
Issuance of common stock pursuant to initial public offering 439,556 $ 313 439,243    
Issuance of common stock pursuant to initial public offering, Shares   31,250,000      
Stock-based compensation expense 203,231   203,231    
Vesting of restricted stock units, Shares   7,680      
Exercise of stock options 1,622 $ 25 1,597    
Exercise of stock options , Shares   2,516,784      
Shares repurchased (1,716)   1,716    
Shares repurchased, Shares   (127,357)      
Gain (loss) on interest rate swap 28     28  
Net income (loss) (110,300)       (110,300)
Ending Balance at Jun. 30, 2021 574,017 $ 2,967 733,914 (770) (162,094)
Ending Balance , Shares at Jun. 30, 2021   296,062,478      
Stock-based compensation expense 6,751   6,751    
Exercise of stock options 510 $ 8 502    
Exercise of stock options , Shares   757,887      
Shares repurchased (510)   (510)    
Shares repurchased, Shares   (26,166)      
Gain (loss) on interest rate swap 54     54  
Net income (loss) 27,366       27,366
Ending Balance at Sep. 30, 2021 $ 608,188 $ 2,975 $ 740,657 $ (716) $ (134,728)
Ending Balance , Shares at Sep. 30, 2021   296,794,199