CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands |
Mar. 31, 2022 |
Dec. 31, 2021 |
Dec. 31, 2020 |
| Current Assets |
|
|
|
| Cash and cash equivalents |
$ 141,715
|
$ 143,964
|
$ 29,265
|
| Accounts receivable, net |
4,480
|
5,321
|
475
|
| Other current assets |
4,775
|
6,165
|
1,821
|
| Total Current Assets |
150,970
|
155,450
|
31,561
|
| Fixed assets, net |
11,210
|
10,718
|
10,297
|
| Goodwill |
5,717
|
5,717
|
5,717
|
| Intangible assets, net |
4,203
|
4,428
|
8,534
|
| Other assets |
4,641
|
832
|
1,165
|
| Total Assets |
176,741
|
177,145
|
57,274
|
| Current Liabilities |
|
|
|
| Accounts payable |
6,092
|
3,590
|
4,446
|
| Deferred revenue |
30,809
|
30,005
|
17,270
|
| Due to legacy Nerdy holders |
0
|
841
|
0
|
| Current portion of long-term debt |
|
0
|
6,535
|
| Other current liabilities |
9,928
|
7,473
|
6,090
|
| Total Current Liabilities |
46,829
|
41,909
|
34,341
|
| Other liabilities |
52,875
|
39,431
|
1,554
|
| Long-term debt |
|
0
|
41,044
|
| Total Liabilities |
99,704
|
81,340
|
76,939
|
| Commitments and Contingencies (See Note 17) |
|
|
|
| Redeemable Preferred Units |
|
|
378,796
|
| Stockholders' Equity (Deficit) |
|
|
|
| Common units, $0.000001 par value—54,761 units authorized, issued and outstanding as of December 31, 2020 |
|
|
86
|
| Additional paid-in capital |
497,270
|
490,220
|
6,833
|
| Accumulated deficit |
(456,553)
|
(439,708)
|
(412,383)
|
| Accumulated other comprehensive income |
97
|
136
|
296
|
| Total Stockholders' Equity (Deficit) Excluding Noncontrolling Interests |
40,829
|
50,663
|
(398,461)
|
| Noncontrolling interests |
36,208
|
45,142
|
0
|
| Total Stockholders' Equity |
77,037
|
95,805
|
(398,461)
|
| Total Liabilities, Redeemable Preferred Units and Stockholders' Equity (Deficit) |
176,741
|
177,145
|
57,274
|
| Class A Common Stock |
|
|
|
| Stockholders' Equity (Deficit) |
|
|
|
| Common stock |
8
|
8
|
|
| Class B Common Stock |
|
|
|
| Stockholders' Equity (Deficit) |
|
|
|
| Common stock |
$ 7
|
$ 7
|
|
| Class B Redeemable Preferred Units |
|
|
|
| Current Liabilities |
|
|
|
| Redeemable Preferred Units |
|
|
259,638
|
| Class C Redeemable Preferred Units |
|
|
|
| Current Liabilities |
|
|
|
| Redeemable Preferred Units |
|
|
119,158
|
| Class A Preferred Units |
|
|
|
| Stockholders' Equity (Deficit) |
|
|
|
| Preferred units |
|
|
3,309
|
| Class A-1 Preferred Units |
|
|
|
| Stockholders' Equity (Deficit) |
|
|
|
| Preferred units |
|
|
$ 3,398
|