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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 91,739 $ 64,895
Accounts receivable 34,572 33,544
Prepaid expenses and other 14,223 18,213
Total current assets 140,534 116,652
Property, plant and equipment, net 4,117 4,375
Restricted cash 27,090 28,668
Intangible assets, net 473,308 500,575
Goodwill 792,543 827,813
Operating lease right-of-use assets, net 9,302 9,847
Deferred tax assets 132,044 136,370
Other assets 2,500 2,500
Total noncurrent assets 1,440,904 1,510,148
Total assets 1,581,438 1,626,800
Liabilities    
Accounts payable 21,303 21,781
Related party payable 435 1,000
Accrued expenses 27,300 29,016
Current operating lease liabilities 2,264 2,263
Current tax receivable agreement   24,454
Other current liabilities 1,681 3,593
Total current liabilities 52,983 82,107
Long-term debt 432,031 451,319
Noncurrent operating lease liabilities 7,737 8,295
Tax receivable agreement, net of current portion 183,696 154,673
Other liabilities 1,836 2,113
Total noncurrent liabilities 625,300 616,400
Total liabilities 678,283 698,507
Commitments and contingencies (Note 10)
Stockholders' equity    
Additional paid-in capital 1,120,721 1,117,736
Treasury stock, 1,078,141 shares as of March 31, 2023 and December 31, 2022 (10,000) (10,000)
Accumulated other comprehensive loss (3) (3)
Accumulated deficit (239,572) (213,180)
Total Repay stockholders' equity 871,155 894,562
Non-controlling interests 32,000 33,731
Total equity 903,155 928,293
Total liabilities and equity 1,581,438 1,626,800
Class A Common Stock    
Stockholders' equity    
Common stock value $ 9 $ 9