Trupanion (TRUP) 10-Q 5 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information Document - Jun. 30, 2015 - shares	Total
Entity Information [Line Items]
Entity Registrant Name	TRUPANION INC.
Entity Central Index Key	1,371,285
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Document Type	10-Q
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Common Stock, Shares Outstanding	28,250,985

Condensed Consolidated Statemen

Condensed Consolidated Statement of Operations - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income Statement [Abstract]
Revenue	$ 35,587	$ 28,090	$ 68,897	$ 53,730
Claims expenses	25,487	18,977	48,838	36,012
Other cost of revenue	4,314	3,963	8,691	7,812
Gross profit	5,786	5,150	11,368	9,906
Sales and marketing	3,533	2,810	7,184	5,456
Technology Services Costs	2,879	2,553	5,677	4,753
General and administrative	3,996	3,292	7,693	6,078
Total operating expenses	10,408	8,655	20,554	16,287
Operating loss	(4,622)	(3,505)	(9,186)	(6,381)
Interest expense	40	726	285	1,462
Other (income) expense, net	(15)	(759)	4	528
Loss before income taxes	(4,647)	(3,472)	(9,475)	(8,371)
Income tax (benefit) expense	(22)	7	86	21
Net loss	$ (4,625)	$ (3,479)	$ (9,561)	$ (8,392)
Net loss per share: Basic and diluted (per share)	$ (0.17)	$ (2.25)	$ (0.35)	$ (5.47)
Weighted average shares used to compute net loss per share: Basic and diluted (in shares)	27,597,721	1,543,134	27,468,231	1,533,668

Condensed Consolidated Stateme3

Condensed Consolidated Statement of Comprehensive Income Statement - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Net loss	$ (4,625)	$ (3,479)	$ (9,561)	$ (8,392)
Foreign currency translation adjustments	55	(27)	(74)	24
Change in unrealized losses on available-for-sale securities	(33)	60	(41)	95
Other comprehensive income (loss), net of taxes	22	33	(115)	119
Total comprehensive loss	$ (4,603)	$ (3,446)	$ (9,676)	$ (8,273)

Condensed Consolidated Balance

Condensed Consolidated Balance Sheet - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Cash and cash equivalents	$ 26,157	$ 53,098
Short-term Investments	21,547	22,371
Accounts and other receivables	8,778	7,887
Prepaid expenses and other assets	1,677	1,299
Total current assets	58,159	84,655
Investments in fixed maturities, at fair value	2,520	942
Property and equipment, net	9,131	7,862
Other long term assets	4,815	4,847
Other Assets, Noncurrent	23	0
Total assets	74,648	98,306
Accounts payable	1,218	1,962
Accrued liabilities	3,720	4,607
Claims reserve	5,839	5,107
Deferred Revenue, Current	10,115	9,345
Other payables	481	1,523
Total current liabilities	21,373	22,544
Long-term debt	0	14,900
Deferred tax liabilities	1,495	1,495
Other liabilities	112	92
Total liabilities	22,980	39,031
Common stock: $0.00001 par value per share	0	0
Preferred Stock, Value, Outstanding	0	0
Additional paid-in capital	121,114	119,045
Accumulated other comprehensive loss	(104)	11
Accumulated deficit	(66,741)	(57,180)
Treasury stock, at cost	2,601	2,601
Stockholders' Equity Attributable to Parent	51,668	59,275
Total liabilities, redeemable convertible preferred stock, and stockholders' deficit	$ 74,648	$ 98,306

Condensed Consolidated Balance5

Condensed Consolidated Balance Sheet Condensed Consolidated Balance Sheet Parentheticals - $ / shares	Jun. 30, 2015	Dec. 31, 2014
Common Stock [Member]
Common Stock, Par or Stated Value Per Share	$ 0	$ 0
Common Stock, Shares Authorized	200,000,000	200,000,000
Common Stock, Shares, Issued	28,871,964	28,451,920
Common Stock, Shares, Outstanding	28,250,985	27,830,941
Preferred Stock [Member]
Preferred Stock, Par or Stated Value Per Share	$ 0	$ 0
Preferred Stock, Shares Authorized	10,000,000	10,000,000
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Treasury Stock [Member]
Treasury Stock, Shares	620,979	620,979

Condensed Consolidated Stateme6

Condensed Consolidated Statement of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Net loss	$ (9,561)	$ (8,392)
Depreciation and amortization	1,129	729
Amortization of Financing Costs and Discounts	0	470
Warrant expense	0	480
Stock-based compensation expense	1,600	1,193
Other Operating Activities, Cash Flow Statement	113	(52)
Accounts receivable	(923)	(320)
Prepaid expenses and other current assets	(380)	(121)
Accounts payable	(552)	75
Accrued liabilities	(617)	(428)
Claims reserve	714	(1,219)
Deferred revenue	749	303
Other payables	(942)	743
Net cash used in operating activities	(8,896)	(6,435)
Payments to Acquire Investments	11,066	16,266
Proceeds from Sale, Maturity and Collection of Investments	10,266	18,277
Purchases of property and equipment	(2,644)	(2,268)
Net cash used in investing activities	(3,444)	(257)
Decrease in Restricted Cash	0	300
Proceeds from Long-term Lines of Credit	0	2,000
Payments of Financing Costs	0	(1,091)
Proceeds from exercise of stock options	801	46
Payment on line of credit	(14,900)	(300)
Payments Related to Tax Withholding for Share-based Compensation	(384)	0
Net cash (used in) provided by financing activities	(14,483)	955
Effect of foreign exchange rates on cash, net	(118)	86
Net change in cash and cash equivalents	(26,941)	(5,651)
Cash and cash equivalents at beginning of period	53,098	14,939
Cash and cash equivalents at end of period	26,157	9,288
Income taxes paid	117	9
Interest paid	259	457
Increase in payables for property and equipment	349	518
Increase in payables for deferred financing costs	0	1,487
Cashless exercise of preferred stock warrants	$ 0	$ 999

Nature of Operations and Summar

Nature of Operations and Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations and Summary of Significant Accounting Policies	Nature of Operations and Summary of Significant Accounting Policies Description of Business Trupanion, Inc. (collectively with its wholly-owned subsidiaries, the Company) is a direct-to-consumer monthly subscription service provider of a medical plan for cats and dogs throughout the United States, Canada and Puerto Rico. Basis of Presentation The consolidated balance sheet data as of December 31, 2014 was derived from audited consolidated financial statements. The accompanying unaudited consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (U.S. GAAP) for unaudited consolidated financial information. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. These unaudited consolidated financial statements and notes should be read in conjunction with the Company’s audited consolidated financial statements and accompanying notes for the year ended December 31, 2014 included in the Company’s Annual Report on Form 10-K, filed with the U.S Securities and Exchange Commission on February 24, 2015. The accompanying unaudited consolidated financial statements reflect all adjustments consisting of normal recurring adjustments which, in the opinion of management, are necessary for a fair presentation of the Company’s financial position and results of its operations, as of and for the periods presented. Operating results for the three and six months ended June 30, 2015 are not necessarily indicative of the results that may be expected for the year ending December 31, 2015, or for any other period. Reclassifications Certain prior year amounts have been reclassified within the Company’s consolidated financial statements from their original presentation to conform to the current period presentation. In addition, amounts in note 8 related to segments have been recast to reflect a change in the composition of the Company’s segments as described in note 8. Use of Estimates The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingencies and the reported amounts of revenue and expenses. Significant items subject to such estimates and assumptions include the valuation of deferred tax assets, stock-based compensation, claims reserve and useful lives of software developed for internal use. Actual results could differ from the estimates used in preparing the consolidated financial statements. Advertising Advertising costs are expensed as incurred, with the exception of television advertisements, which are expensed the first time advertisement is aired. Accumulated Other Comprehensive Loss There were no reclassifications out of accumulated other comprehensive loss during the three and six months ended June 30, 2015 and 2014. Insurance Operations Effective January 1, 2015, the Company formed a segregated account in Bermuda as part of Wyndham Insurance Company (SAC) Limited (WICL), and entered into a revised fronting and reinsurance arrangement with Omega General Insurance Company (Omega) to include its newly formed segregated account. The Company maintains all risk with the business written in Canada and consolidates the entity in its financial statements. Contractual requirements restrict dividends from this entity until after 2016, at which time dividends will be allowed subject to the Segregated Accounts Company Act of 2000, which allows for dividends only to the extent that the entity remains solvent and the value of its assets remain greater than the aggregate of its liabilities and its issued share capital and share premium accounts. Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (FASB) issued an Accounting Standard Update (ASU) amending revenue recognition guidance and requiring more detailed disclosures to enable users of financial statements to understand the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. Insurance contracts are excluded from the scope of this new guidance. The guidance is effective for annual and interim reporting periods beginning after December 15, 2017, with early adoption prohibited, and must be applied retrospectively or modified retrospectively. The Company does not believe this ASU will have a material impact on its consolidated financial statements. In May 2015, the FASB issued an ASU amending short-term insurance contracts disclosures and requiring more detailed disclosures to enable users of financial statements to understand information relating to liabilities for unpaid claims and claims adjustment expenses. Additionally, the amendments will also require insurance entities to disclose information about significant changes in methodologies and assumptions used to calculate these liabilities. This guidance is effective for annual reporting periods beginning after December 15, 2015 and interim periods beginning after December 15, 2016. Early adoption of this guidance is permitted, and must be applied retrospectively by providing comparative disclosures for each period presented. We plan to adopt this guidance in 2016.

Net Loss per Share

Net Loss per Share	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	Net Loss per Share Basic net loss per share is calculated by dividing the net loss by the weighted-average number of shares of common stock outstanding for the period. Excluded from the weighted-average number of shares outstanding are shares that have been issued and are subject to future vesting and unvested restricted stock. Diluted net loss per share is calculated by dividing the net loss by the weighted-average number of common stock equivalents outstanding for the period determined using the treasury-stock method. Potentially dilutive common stock equivalents are comprised of convertible preferred stock, warrants for the purchase of convertible preferred stock and common stock, exchangeable shares, unvested restricted stock, restricted stock units, and stock options. For all periods presented, there is no difference in the number of shares used to calculate basic and diluted shares outstanding due to the Company’s net loss position. The following potentially dilutive equity securities are not included in the diluted net loss per common share calculation because they would have had an antidilutive effect: As of June 30, 2015 2014 Stock options 4,632,036 4,959,826 Restricted stock awards and units 592,553 706,514 Warrants 869,999 784,111 Series A convertible preferred stock — 7,553,239 Series B convertible preferred stock — 3,546,384 Series C convertible preferred stock — 3,845,322 Exchangeable shares — 2,247,130 Convertible preferred stock is presented on an as converted basis to reflect the applicable conversion ratio.

Investment Securities

Investment Securities	6 Months Ended
	Jun. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	Investment Securities The amortized cost, gross unrealized holding losses, and fair value of available-for-sale and short-term investments by major security type and class of security were as follows as of June 30, 2015 and December 31, 2014 (in thousands): Amortized Gross Fair As of June 30, 2015 Available-for-sale: Foreign deposits $ 1,619 $ — $ 1,619 Municipal bond $ 1,000 $ (99 ) $ 901 $ 2,619 $ (99 ) $ 2,520 Short-term investments: U.S. Treasury securities $ 5,784 $ (1 ) $ 5,783 Certificates of deposit 800 — 800 U.S. government funds 14,963 — 14,963 $ 21,547 $ (1 ) $ 21,546 Amortized Gross Fair As of December 31, 2014 Available-for-sale: Municipal bond $ 1,000 $ (58 ) $ 942 $ 1,000 $ (58 ) $ 942 Short-term investments: U.S. Treasury securities $ 5,677 $ — $ 5,677 Certificates of deposit 800 — $ 800 U.S. government funds 15,894 — $ 15,894 $ 22,371 $ — $ 22,371 Maturities of debt securities classified as available-for-sale were as follows (in thousands): June 30, 2015 Amortized Fair Available-for-sale: Due under one year $ — $ — Due after one year through five years 1,619 1,619 Due after five years through ten years 1,000 901 Due after ten years — — $ 2,619 $ 2,520 The Company had one investment with an unrealized loss of $0.1 million and a fair value of $0.9 million at June 30, 2015 and December 31, 2014, respectively. The debt security has been in the unrealized loss position for more than 12 months. The Company has assessed the bond for credit impairment and has determined that there is no intent to sell this bond and it is likely that it will hold the investment for a period of time sufficient to allow for a recovery. Furthermore, future payments on this bond are insured by a financial guarantee insurer. Therefore, the Company believes that the unrealized loss on this bond constitutes a temporary impairment.

Fair Value

Fair Value	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	Fair Value The Company determines fair value based on assumptions that market participants would use in pricing an asset or liability in the principal or most advantageous market. The Company utilizes valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs to the extent possible. When considering market participant assumptions in fair value measurements, the following fair value hierarchy distinguishes between observable and unobservable inputs, which are categorized in one of the following levels: • Level 1 inputs: Unadjusted quoted prices in active markets for identical assets or liabilities accessible to the reporting entity at the measurement date. • Level 2 inputs: Valuations based on observable inputs other than quoted prices included in Level 1, such as quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, or other inputs that are observable or can be corroborated by observable market data. • Level 3 inputs: Unobservable inputs for the asset or liability used to measure fair value to the extent that observable inputs are not available, thereby allowing for situations in which there is little, if any, market activity for the asset or liability at the measurement date. The following table presents the placement in the fair value hierarchy of assets and liabilities that are measured at fair value on a recurring basis (in thousands): As of June 30, 2015 Fair Value Level 1 Level 2 Level 3 Assets Foreign deposits $ 1,619 $ 1,619 $ — $ — Municipal bond 901 — 901 — Money market funds 16,752 16,752 — — Total $ 19,272 $ 18,371 $ 901 $ — As of December 31, 2014 Fair Value Level 1 Level 2 Level 3 Assets Municipal bond $ 942 $ — $ 942 $ — Money market funds 44,575 44,575 — — Total $ 45,517 $ 44,575 $ 942 $ — The Company estimates fair value for its long-term debt based upon rates currently available to the Company for debt with similar terms and remaining maturities. This is a Level 3 measurement. Based upon the terms of the debt, the carrying amount of long term debt approximated fair value at December 31, 2014. The Company’s accounting policy is to recognize transfers between levels of the fair value hierarchy on the date of the event or change in circumstances that caused the transfer. There were no transfers between levels for the three and six months ended June 30, 2015 and 2014. The following methods and assumptions were used to estimate the fair value of each class of financial instruments: • Investment securities: Debt securities classified as available-for-sale are measured using quoted market prices when quoted market prices are available. If quoted market prices in active markets for identical assets are not available to determine fair value, then the Company uses quoted prices of similar instruments and other significant inputs derived from observable market data obtained from third-party data providers. Held-to-maturity securities are carried at amortized cost and the fair value is disclosed in Note 3. Fair value is determined in the same manner as available-for-sale securities and is considered a Level 2 measurement.

Debt

Debt	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	Debt The Company has a revolving line of credit with a bank, which is secured by any and all interest the Company has in assets that are not otherwise restricted. The revolving line of credit bears a variable interest rate equal to the greater of 5.0% or 1.5% plus the prime rate . Interest expense is due monthly on the outstanding principal amount with all amounts outstanding under the revolving line of credit due upon maturity in July 2016. The credit agreement requires the Company to comply with various financial and non-financial covenants. This facility also has a compensating balance requirement of $0.5 million . Borrowings on the revolving line of credit are limited to the lesser of $20.0 million in 2015 and 2014, and the total amount of cash and securities held by American Pet Insurance Company (APIC), less up to $0.5 million for obligations the Company may have outstanding for other ancillary services. During the first quarter of 2015, we repaid our borrowings under this facility and, as of June 30, 2015, we had no outstanding amounts under this facility.

Commitment and Contingencies

Commitment and Contingencies	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	Commitments and Contingencies The Company has entered into strategic marketing and service provider agreements, as well as other agreements with various parties. As of the June 30, 2015, these agreements resulted in an increase in future commitments of $0.8 million in 2015, $1.8 million in 2016 and $0.7 million in 2017. The Company completed a voluntary self-disclosure with the Canada Revenue Agency related to goods and services tax (GST) and harmonized sales tax (HST) owed for 2007 through 2013. During the six months ended June 30, 2015, the Company received the final assessment of GST and HST owed and paid the full amount of $0.8 million to the Canada Revenue Agency. The Company received an inquiry from the Washington State Office of the Insurance Commissioner (OIC) in December 2012 concerning whether subsidiaries of the Company were properly licensed, and whether certain of its employees were properly licensed, under Washington law. A regulatory examination took place during the third and fourth quarters of 2014. As of June 30, 2015 and December 31, 2014, the Company had accrued liabilities of $0.3 million and $0.2 million , respectively, for this matter. Adverse outcomes beyond recorded amounts are reasonably possible. At this stage in the matter, however, the Company is unable to estimate a possible loss or range of possible loss beyond amounts accrued. The outcomes of the Company’s legal proceedings are inherently unpredictable, subject to significant uncertainties, and could be material to our operating results and cash flows for a particular period. The Company makes a provision for a liability relating to legal matters when it is both probable that a liability beyond previously accrued amounts has been incurred and the amount of the loss can be reasonably estimated. These provisions are reviewed at least quarterly and adjusted to reflect the impacts of negotiations, estimated settlements, legal rulings, advice of legal counsel and other information and events pertaining to a particular matter.

Segments

Segments	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	Segments The Company operates in two segments: subscription business and other business. The subscription business segment includes monthly subscriptions related to the Company’s medical plan which are marketed directly to consumers, while the other business segment includes all other business which is not directly marketed to consumers. Prior to January 1, 2015, certain enrollments not marketed directly to consumers were included in the subscription business segment as they were not segregated in reporting used by the chief operating decision maker. As of January 1, 2015, the Company began reporting these pets in its other business segment due to the characteristics of this business being similar to other arrangements within the other business segment. In addition, the chief operating decision maker began using information related to the subscription business segment excluding these pets in order to evaluate the Company's business and operations and make decisions. As such, these pets have been considered a part of the other business segment after January 1, 2015. Prior period segment information presented below has been recast to reflect this change. The chief operating decision maker uses two measures to evaluate segment performance: revenue and gross profit. Corporate operating expenses, interest and other expenses, and income taxes are not allocated to the segments, nor included in the measure of segment profit or loss. The Company does not analyze discrete segment balance sheet information related to long-term assets. Revenue and gross profit of the Company’s segments were as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Revenue: Subscription business $ 32,208 $ 24,912 $ 62,264 $ 47,773 Other business 3,379 3,178 6,633 5,957 35,587 28,090 68,897 53,730 Claims expenses: Subscription business 23,396 17,585 44,898 33,482 Other business 2,091 1,392 3,940 2,530 25,487 18,977 48,838 36,012 Other cost of revenue: Subscription business 3,265 2,688 6,529 5,179 Other business 1,049 1,275 2,162 2,633 4,314 3,963 8,691 7,812 Gross profit: Subscription business 5,547 4,639 10,837 9,112 Other business 239 511 531 794 5,786 5,150 11,368 9,906 Sales and marketing 3,533 2,810 7,184 5,456 Technology and development 2,879 2,553 5,677 4,753 General and administrative 3,996 3,292 7,693 6,078 Operating loss $ (4,622 ) $ (3,505 ) $ (9,186 ) $ (6,381 ) The following table presents the Company’s revenue by geographic region of the member (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 United States $ 27,767 $ 20,925 $ 53,598 $ 39,822 Canada 7,820 7,165 15,299 13,908 Total revenue $ 35,587 $ 28,090 $ 68,897 $ 53,730 Substantially all of the Company’s long-lived assets were located in the United States as of June 30, 2015.

Nature of Operations and Summ14

Nature of Operations and Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business and Basis of Presentation	Description of Business Trupanion, Inc. (collectively with its wholly-owned subsidiaries, the Company) is a direct-to-consumer monthly subscription service provider of a medical plan for cats and dogs throughout the United States, Canada and Puerto Rico. Basis of Presentation The consolidated balance sheet data as of December 31, 2014 was derived from audited consolidated financial statements. The accompanying unaudited consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (U.S. GAAP) for unaudited consolidated financial information. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. These unaudited consolidated financial statements and notes should be read in conjunction with the Company’s audited consolidated financial statements and accompanying notes for the year ended December 31, 2014 included in the Company’s Annual Report on Form 10-K, filed with the U.S Securities and Exchange Commission on February 24, 2015. The accompanying unaudited consolidated financial statements reflect all adjustments consisting of normal recurring adjustments which, in the opinion of management, are necessary for a fair presentation of the Company’s financial position and results of its operations, as of and for the periods presented. Operating results for the three and six months ended June 30, 2015 are not necessarily indicative of the results that may be expected for the year ending December 31, 2015, or for any other period.
Reclassification, Policy [Policy Text Block]	Reclassifications Certain prior year amounts have been reclassified within the Company’s consolidated financial statements from their original presentation to conform to the current period presentation. In addition, amounts in note 8 related to segments have been recast to reflect a change in the composition of the Company’s segments as described in note 8.
Use of Estimates [Policy Text Block]	Use of Estimates The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingencies and the reported amounts of revenue and expenses. Significant items subject to such estimates and assumptions include the valuation of deferred tax assets, stock-based compensation, claims reserve and useful lives of software developed for internal use. Actual results could differ from the estimates used in preparing the consolidated financial statements.
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Accumulated Other Comprehensive Loss There were no reclassifications out of accumulated other comprehensive loss during the three and six months ended June 30, 2015 and 2014.
Supplementary Insurance Information, for Insurance Companies Disclosure [Text Block]	Insurance Operations Effective January 1, 2015, the Company formed a segregated account in Bermuda as part of Wyndham Insurance Company (SAC) Limited (WICL), and entered into a revised fronting and reinsurance arrangement with Omega General Insurance Company (Omega) to include its newly formed segregated account. The Company maintains all risk with the business written in Canada and consolidates the entity in its financial statements. Contractual requirements restrict dividends from this entity until after 2016, at which time dividends will be allowed subject to the Segregated Accounts Company Act of 2000, which allows for dividends only to the extent that the entity remains solvent and the value of its assets remain greater than the aggregate of its liabilities and its issued share capital and share premium accounts.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (FASB) issued an Accounting Standard Update (ASU) amending revenue recognition guidance and requiring more detailed disclosures to enable users of financial statements to understand the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. Insurance contracts are excluded from the scope of this new guidance. The guidance is effective for annual and interim reporting periods beginning after December 15, 2017, with early adoption prohibited, and must be applied retrospectively or modified retrospectively. The Company does not believe this ASU will have a material impact on its consolidated financial statements. In May 2015, the FASB issued an ASU amending short-term insurance contracts disclosures and requiring more detailed disclosures to enable users of financial statements to understand information relating to liabilities for unpaid claims and claims adjustment expenses. Additionally, the amendments will also require insurance entities to disclose information about significant changes in methodologies and assumptions used to calculate these liabilities. This guidance is effective for annual reporting periods beginning after December 15, 2015 and interim periods beginning after December 15, 2016. Early adoption of this guidance is permitted, and must be applied retrospectively by providing comparative disclosures for each period presented. We plan to adopt this guidance in 2016.

Net Loss per Share (Tables)

Net Loss per Share (Tables)	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]	The following potentially dilutive equity securities are not included in the diluted net loss per common share calculation because they would have had an antidilutive effect: As of June 30, 2015 2014 Stock options 4,632,036 4,959,826 Restricted stock awards and units 592,553 706,514 Warrants 869,999 784,111 Series A convertible preferred stock — 7,553,239 Series B convertible preferred stock — 3,546,384 Series C convertible preferred stock — 3,845,322 Exchangeable shares — 2,247,130

Investment Securities Available

Investment Securities Available-for-Sale (Tables)	6 Months Ended
	Jun. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Investment [Table Text Block]	The amortized cost, gross unrealized holding losses, and fair value of available-for-sale and short-term investments by major security type and class of security were as follows as of June 30, 2015 and December 31, 2014 (in thousands): Amortized Gross Fair As of June 30, 2015 Available-for-sale: Foreign deposits $ 1,619 $ — $ 1,619 Municipal bond $ 1,000 $ (99 ) $ 901 $ 2,619 $ (99 ) $ 2,520 Short-term investments: U.S. Treasury securities $ 5,784 $ (1 ) $ 5,783 Certificates of deposit 800 — 800 U.S. government funds 14,963 — 14,963 $ 21,547 $ (1 ) $ 21,546 Amortized Gross Fair As of December 31, 2014 Available-for-sale: Municipal bond $ 1,000 $ (58 ) $ 942 $ 1,000 $ (58 ) $ 942 Short-term investments: U.S. Treasury securities $ 5,677 $ — $ 5,677 Certificates of deposit 800 — $ 800 U.S. government funds 15,894 — $ 15,894 $ 22,371 $ — $ 22,371
Available-for-sale Securities [Table Text Block]	Maturities of debt securities classified as available-for-sale were as follows (in thousands): June 30, 2015 Amortized Fair Available-for-sale: Due under one year $ — $ — Due after one year through five years 1,619 1,619 Due after five years through ten years 1,000 901 Due after ten years — — $ 2,619 $ 2,520

Fair Value (Tables)

Fair Value (Tables)	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair value, asset & liabilities measured on recurring basis [Table Text Block]	The following table presents the placement in the fair value hierarchy of assets and liabilities that are measured at fair value on a recurring basis (in thousands): As of June 30, 2015 Fair Value Level 1 Level 2 Level 3 Assets Foreign deposits $ 1,619 $ 1,619 $ — $ — Municipal bond 901 — 901 — Money market funds 16,752 16,752 — — Total $ 19,272 $ 18,371 $ 901 $ — As of December 31, 2014 Fair Value Level 1 Level 2 Level 3 Assets Municipal bond $ 942 $ — $ 942 $ — Money market funds 44,575 44,575 — — Total $ 45,517 $ 44,575 $ 942 $ —

Stock-based Compensation (Table

Stock-based Compensation (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	The following table presents information regarding stock options granted, exercised and forfeited for the periods presented: Number Of Options Weighted-Average Exercise Price Aggregate Intrinsic Value (in thousands) December 31, 2014 5,112,556 $ 3.19 $ 21,116 Granted 152,624 7.79 Exercised (454,613 ) 1.76 2,814 Forfeited (178,531 ) 8.96 June 30, 2015 4,632,036 3.26 23,831 Vested and exercisable at June 30, 2015 3,455,067 $ 2.06 $ 21,521 As of June 30, 2015, the stock options outstanding had a remaining contractual life of 6.32 years.
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	Stock-Based Compensation The following table presents information regarding stock options granted, exercised and forfeited for the periods presented: Number Of Options Weighted-Average Exercise Price Aggregate Intrinsic Value (in thousands) December 31, 2014 5,112,556 $ 3.19 $ 21,116 Granted 152,624 7.79 Exercised (454,613 ) 1.76 2,814 Forfeited (178,531 ) 8.96 June 30, 2015 4,632,036 3.26 23,831 Vested and exercisable at June 30, 2015 3,455,067 $ 2.06 $ 21,521 As of June 30, 2015, the stock options outstanding had a remaining contractual life of 6.32 years. Stock-based compensation expense includes stock options and restricted stock granted to employees and non-employees and has been reported in the Company’s statements of operations in claims expenses, other cost of revenue, sales and marketing, technology and development, and general and administrative expenses depending on the function performed by the employee or non-employee. The Company measures compensation expense on a straight-line basis except for restricted stock with a performance condition which is measured on a graded vesting schedule. The remaining 584,385 shares of unvested restricted stock measured on a graded vesting schedule are expected to vest over the remaining service term of approximately 4.25 years. As of June 30, 2015, the Company had unrecognized stock-based compensation of $5.6 million related to stock options and restricted stock held by employees and non-employees, which is expected to vest over a weighted-average period of approximately 2.30 years. As of June 30, 2015, the Company had 1,176,969 unvested stock options and 592,553 restricted stock awards that are expected to vest. No net tax benefits related to the stock-based compensation costs have been recognized since the Company’s inception. The expense recognized in each category is provided in the table below: Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 (in thousands) Claims expenses $ 49 $ 51 $ 102 $ 108 Other cost of revenue 9 13 25 37 Sales and marketing 110 144 240 293 Technology and development 93 98 214 196 General and administrative 636 320 1,019 559 Total stock-based compensation $ 897 $ 626 $ 1,600 $ 1,193
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]	The expense recognized in each category is provided in the table below: Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 (in thousands) Claims expenses $ 49 $ 51 $ 102 $ 108 Other cost of revenue 9 13 25 37 Sales and marketing 110 144 240 293 Technology and development 93 98 214 196 General and administrative 636 320 1,019 559 Total stock-based compensation $ 897 $ 626 $ 1,600 $ 1,193

Segments (Tables)

Segments (Tables)	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Revenue and Gross Profit from Segments [Table Text Block]	Revenue and gross profit of the Company’s segments were as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Revenue: Subscription business $ 32,208 $ 24,912 $ 62,264 $ 47,773 Other business 3,379 3,178 6,633 5,957 35,587 28,090 68,897 53,730 Claims expenses: Subscription business 23,396 17,585 44,898 33,482 Other business 2,091 1,392 3,940 2,530 25,487 18,977 48,838 36,012 Other cost of revenue: Subscription business 3,265 2,688 6,529 5,179 Other business 1,049 1,275 2,162 2,633 4,314 3,963 8,691 7,812 Gross profit: Subscription business 5,547 4,639 10,837 9,112 Other business 239 511 531 794 5,786 5,150 11,368 9,906 Sales and marketing 3,533 2,810 7,184 5,456 Technology and development 2,879 2,553 5,677 4,753 General and administrative 3,996 3,292 7,693 6,078 Operating loss $ (4,622 ) $ (3,505 ) $ (9,186 ) $ (6,381 )
Revenue from External Customers by Geographic Areas [Table Text Block]	The following table presents the Company’s revenue by geographic region of the member (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 United States $ 27,767 $ 20,925 $ 53,598 $ 39,822 Canada 7,820 7,165 15,299 13,908 Total revenue $ 35,587 $ 28,090 $ 68,897 $ 53,730

Nature of Operations and Summ20

Nature of Operations and Summary of Significant Accounting Policies (Details) OCI - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax			$ 0	$ 0
Accumulated other comprehensive loss: unrealized loss on available for sale securities	$ (99,000)		(99,000)		$ (58,000)
Unrealized foreign currency gain (loss)	$ 55,000	$ (27,000)	$ (74,000)	$ 24,000

Net Loss per Share (Details) Sc

Net Loss per Share (Details) Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share - shares	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	4,632,036	5,112,556	4,959,826
Unvested restricted stock, expected to vest	592,553		706,514
Common shares attributable to dilutive effect of warrants	869,999		784,111
Common shares attributable to dilutive effect of exchangeable shares	0
Series A convertible preferred stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Common shares attributable to dilutive effect of preferred stock	0		7,553,239
Series B convertible preferred stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Common shares attributable to dilutive effect of preferred stock	0		3,546,384
Series C convertible preferred stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Common shares attributable to dilutive effect of preferred stock	0		3,845,322
Exchangeable shares
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Common shares attributable to dilutive effect of exchangeable shares			2,247,130

Investment Securities (Details)

Investment Securities (Details) Investment Schedule - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Investment [Line Items]
Held-to-maturity securities, amortized cost	$ 21,547	$ 22,371
Held-to-maturity securities, gross unrealized holding losses	(1)	0
Held-to-maturity securities, fair value	21,546	22,371
Available-for-sale securities, amortized cost	2,619	1,000
Available-for-sale securities, gross unrealized holding losses	99	58
Available-for-sale securities, fair value	2,520	942
Deposits [Member]
Investment [Line Items]
Available-for-sale securities, amortized cost	1,619
Available-for-sale securities, gross unrealized holding losses	0
Available-for-sale securities, fair value	1,619
Municipal Bonds [Member]
Investment [Line Items]
Available-for-sale securities, amortized cost	1,000	1,000
Available-for-sale securities, gross unrealized holding losses	99	58
Available-for-sale securities, fair value	901	942
U.S. Treasury securities
Investment [Line Items]
Held-to-maturity securities, amortized cost	5,784	5,677
Held-to-maturity securities, gross unrealized holding losses	(1)	0
Held-to-maturity securities, fair value	5,783	5,677
Certificates of deposit
Investment [Line Items]
Held-to-maturity securities, amortized cost	800	800
Held-to-maturity securities, gross unrealized holding losses	0	0
Held-to-maturity securities, fair value	800	800
US government debt securities
Investment [Line Items]
Held-to-maturity securities, amortized cost	14,963	15,894
Held-to-maturity securities, gross unrealized holding losses	0	0
Held-to-maturity securities, fair value	$ 14,963	$ 15,894

Investment Securities (Detail23

Investment Securities (Details) Narrative - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Investments, Debt and Equity Securities [Abstract]
Available-for-sale securities, continuous unrealized loss position, fair value	$ 0.1	$ 0.1
Available-for-sale securities, debt maturities, fair value	$ 0.9	$ 0.9

Investment Securities (Detail24

Investment Securities (Details) Held-to-Maturity - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Investments, Debt and Equity Securities [Abstract]
Held-to-maturity securities, amortized cost	$ 21,547	$ 22,371
Held-to-maturity securities, fair value	$ 21,546	$ 22,371

Investment Securities (Detail25

Investment Securities (Details) Available-for-Sale - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Investments, Debt and Equity Securities [Abstract]
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	$ 100	$ 100
Available-for-sale securities, debt maturities, next twelve months, amortized cost basis	0
Available-for-sale securities, debt maturities, next twelve months, fair value	0
Available-for-sale securities, debt maturities, year two through five, amortized cost basis	1,619
Available-for-sale securities, debt maturities, year two through five, fair value	1,619
Available-for-sale securities, debt maturities, year six through ten, amortized cost basis	1,000
Available-for-sale securities, debt maturities, year six through ten, fair value	901
Available-for-sale securities, debt maturities, after ten years, amortized cost basis	0
Available-for-sale securities, debt maturities, after ten years, fair value	0
Available-for-sale securities, amortized cost	2,619	1,000
Available-for-sale securities, debt maturities, fair value	$ 900	$ 900

Fair Value (Details) Unobservab

Fair Value (Details) Unobservable - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable Securities, Noncurrent	$ 2,520	$ 942
Assets, Fair Value Disclosure	19,272	45,517
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	18,371	44,575
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	901	942
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	0	0
Money Market Funds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	16,752	44,575
Money Market Funds [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	16,752	44,575
Money Market Funds [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	0	0
Money Market Funds [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	0	0
Municipal bond
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable Securities, Noncurrent	901	942
Municipal bond | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable Securities, Noncurrent	0	0
Municipal bond | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable Securities, Noncurrent	901	942
Municipal bond | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable Securities, Noncurrent	0	$ 0
Deposits [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable Securities, Noncurrent	1,619
Deposits [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable Securities, Noncurrent	1,619
Deposits [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable Securities, Noncurrent	0
Deposits [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable Securities, Noncurrent	$ 0

Fair Value (Details) Narrative

Fair Value (Details) Narrative $ in Millions	6 Months Ended
	Jun. 30, 2015USD ($)
Fair Value Hierarchy [Abstract]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers, Net	$ 0

Fair Value (Details) Rollforwar

Fair Value (Details) Rollforward of Level 3 - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Fair Value Disclosures [Abstract]
Fair value adjustment of warrants	$ 0	$ 480

Debt (Details) Narrative

Debt (Details) Narrative - USD ($)	6 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Line of credit facility, interest rate description	greater of 5.0% or 1.5% plus the prime rate
Compensating balance	$ 500,000
Line of Credit Facility, Maximum Amount Outstanding During Period	20,000,000	$ 20,000,000
Line of Credit, Current	$ 0

Commitment and Contingencies (D

Commitment and Contingencies (Details) Narrative - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Jun. 30, 2015	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Long-term Purchase Commitment, Amount	$ 0.7	$ 1.8	$ 0.8
GST/HST Paid				$ 0.8
Loss contingency accrual				$ 0.3	$ 0.2

Stock-based Compensation (Detai

Stock-based Compensation (Details) Options Granted, Exercised and Forfeited - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Unvested restricted stock, expected to vest	592,553		706,514
Stock-based compensation, options, forfeited, weighted-average exercise price	$ 8.96
Stock-based compensation, options, outstanding, number of shares	4,632,036	5,112,556	4,959,826
Stock-based compensation, options, outstanding, weighted-average exercise price	$ 3.26	$ 3.19
Stock-based compensation, options, outstanding, aggregate intrinsic value	$ 23,831	$ 21,116
Stock-based compensation, options, granted, number of options	152,624
Stock-based compensation, options, granted, weighted-average exercise price	$ 7.79
Stock-based compensation, options, exercised, weighted-average exercise price	$ 1.76
Stock-based compensation, options, exercised	(454,613)
Stock-based compensation, options, exercised, aggregate intrinsic value	$ 2,814
Stock-based compensation, options, forfeited	(178,531)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable, Number	3,455,067
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price	$ 2.06
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable, Aggregate Intrinsic Value	$ 21,521

Stock-based Compensation (Det32

Stock-based Compensation (Details) Expense Category - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Stock-based Compensation
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost	$ 897	$ 626	$ 1,600	$ 1,193
Claims expense
Stock-based Compensation
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost	49	51	102	108
Other Expense [Member]
Stock-based Compensation
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost	9	13	25	37
Sales and marketing
Stock-based Compensation
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost	110	144	240	293
Technology services costs [Member]
Stock-based Compensation
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost	93	98	214	196
General and administrative
Stock-based Compensation
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost	$ 636	$ 320	$ 1,019	$ 559

Stock-based Compensation (Det33

Stock-based Compensation (Details) Narrative - Jun. 30, 2015 - USD ($) $ in Millions	Total
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Unvested Portion of Restricted Stock Grant with IPO Performance Condition	584,385
Employee service share-based compensation, nonvested awards, compensation cost not yet recognized	$ 5.6
Unvested RSUs with IPO Performance Condition, Remaining Vesting Period	4 years 2 months 30 days
Remaining contractual life, share-based payments, weighted average	6 years 3 months 25 days
Share-based compensation arrangement , non-employee, weighted average remaining vesting period	2 years 3 months 20 days
Share-based compensation arrangement by share-based payment award, options, nonvested, number of shares	1,176,969

Segments (Details) Business Seg

Segments (Details) Business Segment - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Segment Reporting Information [Line Items]
Revenue	$ 35,587	$ 28,090	$ 68,897	$ 53,730
Claims expenses	25,487	18,977	48,838	36,012
Other cost of revenue	4,314	3,963	8,691	7,812
Gross profit	5,786	5,150	11,368	9,906
Sales and marketing	3,533	2,810	7,184	5,456
Technology Services Costs	2,879	2,553	5,677	4,753
General and administrative	3,996	3,292	7,693	6,078
Operating loss	(4,622)	(3,505)	(9,186)	(6,381)
Subscription business
Segment Reporting Information [Line Items]
Revenue	32,208	24,912	62,264	47,773
Claims expenses	23,396	17,585	44,898	33,482
Other cost of revenue	3,265	2,688	6,529	5,179
Gross profit	5,547	4,639	10,837	9,112
Other business
Segment Reporting Information [Line Items]
Revenue	3,379	3,178	6,633	5,957
Claims expenses	2,091	1,392	3,940	2,530
Other cost of revenue	1,049	1,275	2,162	2,633
Gross profit	$ 239	$ 511	$ 531	$ 794

Segments (Details) Revenue by G

Segments (Details) Revenue by Geography - Segments [Domain] - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Segment Reporting Information [Line Items]
Revenues	$ 35,587	$ 28,090	$ 68,897	$ 53,730
CANADA
Segment Reporting Information [Line Items]
Revenues	7,820	7,165	15,299	13,908
UNITED STATES
Segment Reporting Information [Line Items]
Revenues	$ 27,767	$ 20,925	$ 53,598	$ 39,822

Subsequent Events (Details)

Subsequent Events (Details) - $ / shares	Jul. 24, 2015	Jun. 30, 2015
Subsequent Event [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross		152,624
Subsequent Event [Member]
Subsequent Event [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	426,549
Investment Options, Exercise Price	$ 7.78