Post-effective amendment to a registration statement that is not immediately effective upon filing

PARENT COMPANY INFORMATION - Condensed Statement of Cash Flows (Details)

v3.22.1
PARENT COMPANY INFORMATION - Condensed Statement of Cash Flows (Details) - USD ($)
$ in Thousands
 2 Months Ended 10 Months Ended 12 Months Ended
Dec. 31, 2021
Nov. 08, 2021
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:          
Net (loss) income $ (680,457) $ 20,629   $ 24,249 $ (42,037)
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities:          
Interest and payment-in-kind on preferred shares 944 0   0 0
Share-based compensation 4,821 156   0 0
Share-based compensation - Founders advisory fees - related party (equity settled) 287,200 0   0 0
Changes in operating assets and liabilities, net of acquisitions:          
Intercompany receivable 28,983 (24,846)   6,094 (9,566)
Prepaid expenses and current other assets (5,230) (9,426)   (9,948) 10,755
Accounts payable 8,194 10,108   (9,608) 3,901
Accrued expenses and other current liabilities 338 7,380   (6,503) 11,628
Share-based compensation - Founders advisory fees - related party (equity settled) 365,789 0   0 0
Net cash provided by (used in) operating activities 4,359 67,991   70,826 (305)
Cash flows from investing activities:          
Investment in subsidiaries (1,209,155) 0   0 0
Net cash used in investing activities (1,210,623) (15,746)   (9,467) (25,173)
Cash flows from financing activities:          
Sale of PSSA Ordinary Shares 2,000 0   0 0
Net cash (used in) provided by financing activities (697,221) (64,210)   (45,610) 21,030
Net change in cash and cash equivalents (1,904,223) (11,530)   12,656 (6,137)
Cash and cash equivalents, beginning of period 10,948 22,478 $ 22,478 9,822 15,959
Cash and cash equivalents, end of period 225,554 10,948 225,554 22,478 9,822
Non-cash investing and financing activities:          
Redeemable preferred shares issued as consideration for business combination 100,000 0   0 0
Management Subscribers rollover contribution 11,048 0   $ 0 $ 0
Parent Company          
Cash flows from operating activities:          
Net (loss) income (680,457)        
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities:          
Equity in earnings of subsidiaries 24,279        
Interest and payment-in-kind on preferred shares 944        
Share-based compensation 1,182        
Share-based compensation - Founders advisory fees - related party (equity settled) 287,200        
Changes in operating assets and liabilities, net of acquisitions:          
Intercompany receivable (14,325)        
Prepaid expenses and current other assets (8,195)        
Accounts payable 455        
Accrued expenses and other current liabilities 889        
Share-based compensation - Founders advisory fees - related party (equity settled) 365,789        
Net cash provided by (used in) operating activities (22,239)        
Cash flows from investing activities:          
Investment in subsidiaries (1,209,155)        
Intercompany note receivable (20,000)        
Net cash used in investing activities (1,229,155)        
Cash flows from financing activities:          
Net cash (used in) provided by financing activities 2,000        
Net change in cash and cash equivalents (1,249,394)        
Cash and cash equivalents, beginning of period 1,465,807        
Cash and cash equivalents, end of period 216,413 $ 1,465,807 $ 216,413    
Non-cash investing and financing activities:          
Redeemable preferred shares issued as consideration for business combination 100,000        
Management Subscribers rollover contribution 11,048        
Parent Company | Director Subscribers          
Cash flows from financing activities:          
Sale of PSSA Ordinary Shares $ 2,000