General form of registration statement for all companies including face-amount certificate companies

Equity Method Investments (Tables)

v3.21.2
Equity Method Investments (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Equity Method Investments and Joint Ventures [Abstract]    
Summary of Balance Sheet Information for the Company's Equity Method Investments
The following tables present summarized financial information for the Company’s equity method investments as of and for the six months ended June 30, 2021, as of December 31, 2020, and for the six months ended June 30, 2020.
 
Summarized balance sheets
  
June 30,
2021
    
December 31,
2020
 
               
    
(in thousands)
 
Current assets
   $ 58,094      $ 64,355  
Non-current
assets
     6,472        7,468  
    
 
 
    
 
 
 
Total assets
   $ 64,566      $ 71,823  
    
 
 
    
 
 
 
Current liabilities
   $ 53,232      $ 57,040  
Non-current
liabilities
     1,013        6,589  
    
 
 
    
 
 
 
Total liabilities
   $ 54,245      $ 63,629  
    
 
 
    
 
 
 
The following tables present summarized financial information for the Company’s equity method investments as of and for the years ended December 31, 2020 and 2019.
 
    
December 31,
 
Summarized balance sheets
  
2020
    
2019
 
    
(in thousands)
 
Current assets
   $ 64,355    $ 62,208
Non-current
assets
     7,468      11,319
  
 
 
    
 
 
 
Total assets
     71,823      73,527
  
 
 
    
 
 
 
Current liabilities
     57,040      24,222
Non-current
liabilities
     6,589      36,543
  
 
 
    
 
 
 
Total liabilities
   $ 63,629    $ 60,765
  
 
 
    
 
 
 
Summary of Statements of Operation Information for the Company's Equity Method Investments
    
Six Months Ended June 30,
 
    
 
 
 
Summarized statements of operations
  
2021
    
2020
 
               
    
(in thousands)
 
Revenue
   $ 20,739      $ 3,342  
Gross margin
   $ 4,242      $ 543  
Net income/(loss)
   $ 2,160      $ (1,678
    
Year Ended December 31,
 
Summarized statements of operations
  
    2020    
    
    2019    
 
    
(in thousands)
 
Revenue
   $ 14,917    $ 2,676
Gross margin
   $ 2,636    $ 711
Net loss
   $ (1,873    $ (3,116