XML 64 R50.htm IDEA: XBRL DOCUMENT v3.22.4
Description of Business and Summary of Significant Accounting Policies - Description of Business, Merger (Details)
$ / shares in Units, $ in Thousands
12 Months Ended
Dec. 23, 2020
$ / shares
shares
Jul. 30, 2020
USD ($)
$ / shares
shares
Dec. 31, 2021
USD ($)
shares
Dec. 31, 2020
USD ($)
shares
Dec. 31, 2022
USD ($)
item
shares
Sep. 30, 2022
USD ($)
Jun. 30, 2022
USD ($)
Mar. 31, 2022
USD ($)
Common Stock and Redeemable Convertible Preferred Stock                
Number of Companies, Service Provided | item         30,900      
Transaction costs - recapitalization     $ 262 $ 5,652        
Earn out shares issued | shares   150,000            
Cash and cash equivalents     $ 315,741   $ 215,060 $ 260,198 $ 271,003 $ 292,373
Payment of capital distribution   $ 50,400            
Class of warrant or right, outstanding | shares     1,795,700 14,325,000 1,795,700      
Private warrant liability, at fair value     $ 15,193   $ 707 $ 802 $ 926 $ 5,004
Contributed capital   $ 239,700            
CEO                
Common Stock and Redeemable Convertible Preferred Stock                
Unvested restricted stock units | shares   1,000,000            
Additional Offering, PIPE Investors                
Common Stock and Redeemable Convertible Preferred Stock                
Shares issued (shares) | shares   15,000,000            
Shares issued Price (Per share) | $ / shares   $ 10.00            
Net proceeds   $ 141,800            
Direct offering costs   8,200            
Private Warrants                
Common Stock and Redeemable Convertible Preferred Stock                
Private warrant liability, at fair value   34,000            
Merger Agreement                
Common Stock and Redeemable Convertible Preferred Stock                
Shares issued value in merger   $ 30,000            
Shares issued shares in merger | shares   83,559,663            
Transaction costs - recapitalization   $ 5,600            
Earn out shares issued | shares   5,000,000            
Merger transaction cost   $ 30,800            
Additional share issued | shares   1,580,000            
Fair value of additional share issued   $ 23,300            
Fair value of earn out shares   1,900            
Eligibility amount   27,000            
Recognized expenses   3,800            
Share price | $ / shares $ 11.50              
Expiring period after merger for determining share price 5 years              
Merger Agreement | Common stock warrants                
Common Stock and Redeemable Convertible Preferred Stock                
Class of warrant or right, outstanding | shares 14,235,000              
Merger Agreement | Private Warrants                
Common Stock and Redeemable Convertible Preferred Stock                
Class of warrant or right, outstanding | shares 5,700,000              
Merger Agreement | Public and private warrants                
Common Stock and Redeemable Convertible Preferred Stock                
Class of warrant or right, outstanding | shares 8,625,000              
Minimum                
Common Stock and Redeemable Convertible Preferred Stock                
Number of insurance and warranty policies in force. | item         390,000      
Number of Insurance Companies Served | item         20      
PropTech Acquisition Corporation                
Common Stock and Redeemable Convertible Preferred Stock                
Proceeds available for use   305,100            
Payment of capital distribution   30,000            
Net assets   $ 275,100            
Additional share issued | shares   150,000            
PropTech Acquisition Corporation | Merger Agreement                
Common Stock and Redeemable Convertible Preferred Stock                
Shares issued (shares) | shares   36,264,984