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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 128,318 $ 118,096
Accounts receivable 39,984 36,017
Prepaid expenses and other 15,727 15,209
Total current assets 184,029 169,322
Property, plant and equipment, net 2,642 3,133
Restricted cash 26,512 26,049
Intangible assets, net 431,734 447,141
Goodwill 716,793 716,793
Operating lease right-of-use assets, net 5,939 8,023
Deferred tax assets 146,571 146,872
Other assets 2,500 2,500
Total noncurrent assets 1,332,691 1,350,511
Total assets 1,516,720 1,519,833
Liabilities    
Accounts payable 23,709 22,030
Accrued expenses 27,924 32,906
Current operating lease liabilities 1,241 1,629
Current tax receivable agreement   580
Other current liabilities 549 318
Total current liabilities 53,423 57,463
Long-term debt 434,877 434,166
Noncurrent operating lease liabilities 5,435 7,247
Tax receivable agreement, net of current portion 191,244 188,331
Other liabilities 2,443 1,838
Total noncurrent liabilities 633,999 631,582
Total liabilities 687,422 689,045
Commitments and contingencies (Note 10)
Stockholders' equity    
Treasury stock, 1,416,510 shares as of March 31, 2024 and December 31, 2023 (12,528) (12,528)
Additional paid-in capital 1,155,215 1,151,324
Accumulated deficit (328,882) (323,670)
Total Repay stockholders' equity 813,814 815,135
Non-controlling interests 15,484 15,653
Total equity 829,298 830,788
Total liabilities and equity 1,516,720 1,519,833
Class A Common Stock    
Stockholders' equity    
Common stock value $ 9 $ 9