Annual Report — Form 10-K Filing Table of Contents
Document/ExhibitDescriptionPagesSize
1: 10-K Annual Report HTML 1.41M
2: EX-4.4 Instrument Defining the Rights of Security Holders HTML 50K
3: EX-21.1 Subsidiaries List HTML 29K
4: EX-23.1 Consent of Expert or Counsel HTML 27K
5: EX-31.1 Certification -- §302 - SOA'02 HTML 31K
6: EX-31.2 Certification -- §302 - SOA'02 HTML 31K
7: EX-32.1 Certification -- §906 - SOA'02 HTML 29K
8: EX-32.2 Certification -- §906 - SOA'02 HTML 29K
15: R1 Cover HTML 93K
16: R2 Consolidated Balance Sheets HTML 125K
17: R3 Consolidated Balance Sheets (Parenthetical) HTML 57K
18: R4 Consolidated Statements of Operations and HTML 101K
Comprehensive Income (Loss)
19: R5 Consolidated Statements of Changes in HTML 159K
Stockholders' Equity (Deficit)
20: R6 Consolidated Statements of Cash Flows HTML 129K
21: R7 Description of Business HTML 33K
22: R8 Summary of Significant Accounting and Reporting HTML 80K
Policies
23: R9 Business Combination HTML 48K
24: R10 Leases HTML 61K
25: R11 Property and Equipment, Net HTML 39K
26: R12 Accrued Expenses HTML 35K
27: R13 Other Current Liabilities HTML 38K
28: R14 Notes Payable HTML 47K
29: R15 Contingent Consideration HTML 48K
30: R16 Stockholders' Equity (Deficit) HTML 71K
31: R17 Revenue HTML 106K
32: R18 Share-Based Compensation HTML 122K
33: R19 Net Income (Loss) Per Share HTML 56K
34: R20 Fair Value of Financial Instruments HTML 88K
35: R21 Commitment and Contingencies HTML 49K
36: R22 Related Party Transactions HTML 32K
37: R23 Retirement Plan HTML 34K
38: R24 Income Taxes HTML 85K
39: R25 Tax Receivable Agreement HTML 31K
40: R26 Quarterly Results of Operations (Unaudited) HTML 67K
41: R27 Summary of Significant Accounting and Reporting HTML 122K
Policies (Policies)
42: R28 Leases (Tables) HTML 62K
43: R29 Property and Equipment, Net (Tables) HTML 38K
44: R30 Accrued Expenses (Tables) HTML 35K
45: R31 Other Current Liabilities (Tables) HTML 37K
46: R32 Notes Payable (Tables) HTML 45K
47: R33 Contingent Consideration (Tables) HTML 33K
48: R34 Stockholders' Equity (Deficit) (Tables) HTML 55K
49: R35 Revenue (Tables) HTML 93K
50: R36 Share-Based Compensation (Tables) HTML 127K
51: R37 Net Income (Loss) Per Share (Tables) HTML 56K
52: R38 Fair Value of Financial Instruments (Tables) HTML 84K
53: R39 Commitment and Contingencies (Tables) HTML 44K
54: R40 Income Taxes (Tables) HTML 84K
55: R41 Quarterly Results of Operations (Unaudited) HTML 67K
(Tables)
56: R42 Description of Business (Details) HTML 29K
57: R43 Summary of Significant Accounting and Reporting HTML 85K
Policies - Additional Information (Detail)
58: R44 Business Combination - Additional Information HTML 53K
(Detail)
59: R45 Leases - Narrative (Details) HTML 33K
60: R46 Leases - Components of Lease Expense (Details) HTML 41K
61: R47 Leases - Other Information Related to Leases HTML 39K
(Details)
62: R48 Leases - Balance Sheet Classification of ROU HTML 39K
Assets and Liabilities (Details)
63: R49 Leases - Maturity of Lease Liabilities (Details) HTML 46K
64: R50 Property and Equipment, Net (Details) HTML 40K
65: R51 Property, Plant, and Equipment, Net - Additional HTML 29K
Information (Details)
66: R52 Accrued Expenses (Details) HTML 34K
67: R53 Other Current Liabilities (Details) HTML 38K
68: R54 Notes Payable - Additional Information (Detail) HTML 52K
69: R55 Notes Payable - Summary of Outstanding Notes HTML 39K
Payable (Detail)
70: R56 Notes Payable - Future Principal Payments of Debt HTML 45K
(Details)
71: R57 Contingent Consideration - Additional Information HTML 131K
(Detail)
72: R58 Contingent Consideration - Reconciliation of the HTML 37K
Activity Driving Contingent Consideration Balance
Changes (Details)
73: R59 Stockholders' Equity (Deficit) - Additional HTML 185K
Information (Detail)
74: R60 Stockholders' Equity (Deficit) - Preferred Units HTML 49K
Outstanding (Details)
75: R61 Stockholders' Equity (Deficit) - Distributions HTML 38K
Declared (Details)
76: R62 Revenue - Summary Of Contract Assets (Detail) HTML 51K
77: R63 Revenue - Additional Information (Details) HTML 41K
78: R64 Revenue - ASC 606 Adoption Transition Adjustment HTML 63K
(Details)
79: R65 Revenue - Impact of ASC 606 on Net Revenue and HTML 99K
Balance Sheet (Details)
80: R66 Share-Based Compensation - Additional Information HTML 86K
(Details)
81: R67 Share-Based Compensation - Summary of Class B HTML 55K
Units Awards Activity (Details)
82: R68 Share-Based Compensation - Fair Value Assumptions HTML 77K
(Details)
83: R69 Share-Based Compensation - Share-based HTML 41K
Compensation Expense (Details)
84: R70 Share-Based Compensation - Stock Options and HTML 80K
Restricted Stock Award Activity (Details)
85: R71 Share-Based Compensation - Aggregate Intrinsic HTML 34K
Value of Outstanding Stock Options (Details)
86: R72 Share-Based Compensation - Unrecognized HTML 42K
Share-based Compensation Expense (Details)
87: R73 Net Income (Loss) Per Share - Summary of Earnings HTML 55K
Per Share (Detail)
88: R74 Net Income (Loss) Per Share - Summary of HTML 38K
Antidilutive Securities Excluded from Computation
Of Earnings Per Share (Detail)
89: R75 Fair Value of Financial Instruments - Summary of HTML 77K
Carrying Amounts and Estimated Fair Values of the
Company's Financial Instruments (Detail)
90: R76 Fair Value of Financial Instruments - Summary of HTML 51K
Fair Value Assets and Liabilities Measured on
Recurring Basis (Detail)
91: R77 Commitment and Contingencies - Summary of HTML 69K
Contractual Obligations and Commitments (Details)
92: R78 Commitment and Contingencies - Additional HTML 36K
Information (Details)
93: R79 Related Party Transactions - Additional HTML 44K
Information (Detail)
94: R80 Retirement Plan (Details) HTML 37K
95: R81 Income Taxes - Additional Information (Details) HTML 43K
96: R82 Income Taxes - Income Tax Expense (Benefit) HTML 44K
Attributable to Operations (Details)
97: R83 Income Taxes - Components of the Income Tax HTML 60K
Expense (Details)
98: R84 Income Taxes - Components of Deferred Tax Assets HTML 47K
and Liabilities (Details)
99: R85 Tax Receivable Agreement - Additional Information HTML 37K
(Detail)
100: R86 Quarterly Results of Operations (Unaudited) HTML 66K
(Details)
102: XML IDEA XML File -- Filing Summary XML 188K
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101: EXCEL IDEA Workbook of Financial Reports XLSX 143K
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104: ZIP XBRL Zipped Folder -- 0001806201-21-000012-xbrl Zip 500K
I, John Flynn, Chief Executive Officer, certify that:
1I have reviewed this Annual Report on Form 10-K of Open Lending Corporation (the "Registrant");
2Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to
the period covered by this report;
3Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the Registrant as of, and for, the periods presented in this report;
4The Registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the Registrant and have:
a)designed
such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the Registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b)[paragraph omitted in accordance with Exchange Act Rule 13a-14(a)];
c)evaluated the effectiveness of the Registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of
the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
d)disclosed in this report any change in the Registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the Registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the Registrant’s internal control over financial reporting; and
5The
Registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the Registrant’s auditors and the audit committee of the Registrant’s board of directors (or persons performing the equivalent functions):
a)all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Registrant’s ability to record, process, summarize and report financial information; and
b)any fraud, whether or not material,
that involves management or other employees who have a significant role in the Registrant’s internal control over financial reporting.
