v3.24.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]      
Revenue $ 251,415 $ 222,653 $ 166,154
Cost of revenue:      
Cost of revenue exclusive of amortization 34,740 25,866 19,421
Amortization 12,742 16,759 21,268
Gross profit 203,933 180,028 125,465
Operating expenses:      
Sales and marketing 94,534 89,585 56,387
Product development 42,441 34,890 18,565
General and administrative 58,861 51,561 32,864
Depreciation and amortization 39,008 40,145 38,679
Transaction, integration and restructuring expenses 11,489 7,890 6,287
Goodwill impairment 287,400 0 0
Total operating expenses 533,733 224,071 152,782
Loss from operations (329,800) (44,043) (27,317)
Other income (expense), net:      
Interest income 13,644 2,787 29
Interest expense (15,203) (11,200) (25,900)
Other income, net 23,179 10,579 294
Loss on extinguishment of debt 0 0 (9,873)
Total other income (expense), net 21,620 2,166 (35,450)
Loss before income taxes (308,180) (41,877) (62,767)
Benefit from income taxes 18,553 17,698 443
Net loss (289,627) (24,179) (62,324)
Less: Net loss attributable to Definitive OpCo prior to the Reorganization Transactions 0 0 (34,068)
Less: Net loss attributable to noncontrolling interests (87,239) (16,957) (10,416)
Net loss attributable to Definitive Healthcare Corp. $ (202,388) $ (7,222) $ (17,840)
Net loss per share of Class A Common Stock:      
Basic and diluted $ (1.79) $ (0.07) $ (0.19)
Basic and diluted $ (1.79) $ (0.07) $ (0.19)
Weighted average Common Stock outstanding:      
Basic and diluted [1] 112,764,537 101,114,105 91,916,151
Basic and diluted [1] 112,764,537 101,114,105 91,916,151
[1] Basic and diluted net loss per share of Class A Common Stock is applicable only for the years ended December 31, 2023 and 2022 and for the period from September 15, 2021 through December 31, 2021, which is the period following the IPO and related Reorganization Transactions. See Note 20 for the number of shares used in the computation of net loss per share of Class A Common Stock and the basis for the computation of net loss per share.