XML 20 R6.htm IDEA: XBRL DOCUMENT v3.23.3
Consolidated Statement of Changes in Equity - USD ($)
$ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjustment
Class A Common Stock
Class B Common Stock
Common Stock
Class A Common Stock
Common Stock
Class B Common Stock
Additional Paid-In Capital
Additional Paid-In Capital
Cumulative Effect, Period of Adoption, Adjustment
Retained Earnings (Deficit)
Retained Earnings (Deficit)
Cumulative Effect, Period of Adoption, Adjustment
Non-Controlling Interest
Common stock, shares, outstanding, beginning (in shares) at Sep. 30, 2020         18,864,143 11,900,621          
Stockholders' equity, beginning at Sep. 30, 2020 $ 240,168       $ 2 $ 1 $ 157,598   $ (2,023)   $ 84,590
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Equity-based compensation 20,860           20,860        
Net loss (7,839)   $ (7,839)           (4,457)   (3,382)
Redemption of common units in i3 Verticals, LLC (in shares)         1,671,479 (1,671,479)          
Redemption of common units in i3 Verticals, LLC 0           11,714       (11,714)
Establishment of liabilities under a tax receivable agreement and related changes to deferred tax assets associated with increases in tax basis 269           269        
Exercise of equity-based awards (in shares)         287,562            
Exercise of equity-based awards 888           888        
Allocation of equity to non-controlling interests 0           (15,337)       15,337
Issuance of Class A common stock under the 2020 Inducement Plan (in shares)         1,202,914            
Issuance of Class A common stock under the 2020 Inducement Plan 35,245           35,245        
Common stock, shares, outstanding, ending (in shares) at Sep. 30, 2021         22,026,098 10,229,142          
Stockholders' equity, ending at Sep. 30, 2021 289,591       $ 2 $ 1 211,237   (6,480)   84,831
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Equity-based compensation 26,230           26,230        
Net loss (23,217)   $ (23,217)           (17,102)   (6,115)
Redemption of common units in i3 Verticals, LLC (in shares)         111,000 (111,000)          
Redemption of common units in i3 Verticals, LLC 0           918       (918)
Sale of Class A common stock, net (in shares)         722,000            
Sale of Class A common stock, net 17,869           17,869        
Capitalization of public offering costs (440)           (440)        
Establishment of liabilities under a tax receivable agreement and related changes to deferred tax assets associated with increases in tax basis (2,554)           (2,554)        
Exercise of equity-based awards (in shares)         127,350            
Exercise of equity-based awards 209           209        
Allocation of equity to non-controlling interests 0           (11,511)       11,511
Common stock, shares, outstanding, ending (in shares) at Sep. 30, 2022     22,986,448 10,118,142 22,986,448 10,118,142          
Stockholders' equity, ending at Sep. 30, 2022 $ 307,688 $ (11,933)     $ 2 $ 1 241,958 $ (23,382) (23,582) $ 11,449 89,309
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Accounting Standards Update [Extensible List] Accounting Standards Update 2020-06                    
Equity-based compensation $ 27,878           27,878        
Net loss (2,652)   $ (2,652)           (811)   (1,841)
Redemption of common units in i3 Verticals, LLC (in shares)         24,748 (24,748)          
Redemption of common units in i3 Verticals, LLC 0           224       (224)
Establishment of liabilities under a tax receivable agreement and related changes to deferred tax assets associated with increases in tax basis $ 6,407           6,407        
Exercise of equity-based awards (in shares) 460,760       159,906            
Exercise of equity-based awards $ (1,092)           (1,092)        
Allocation of equity to non-controlling interests 0           (4,305)       4,305
Issuance of Class A common stock under the 2020 Inducement Plan (in shares)         82,170            
Issuance of Class A common stock under the 2020 Inducement Plan 2,000           2,000        
Common stock, shares, outstanding, ending (in shares) at Sep. 30, 2023     23,253,272 10,093,394 23,253,272 10,093,394          
Stockholders' equity, ending at Sep. 30, 2023 $ 328,296       $ 2 $ 1 $ 249,688   $ (12,944)   $ 91,549