Vivint Smart Home (VVNT) 10-K 24 Feb 23 2022 FY Annual report Financial data

Cover

Cover - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Feb. 22, 2023	Jun. 30, 2022
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2022
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	001-38246
Entity Registrant Name	Vivint Smart Home, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	98-1380306
Entity Address, Address Line One	4931 North 300 West
Entity Address, City or Town	Provo
Entity Address, State or Province	UT
Entity Address, Postal Zip Code	84604
City Area Code	801
Local Phone Number	377-9111
Title of 12(b) Security	Class A common stock, par value $0.0001 per share
Trading Symbol	VVNT
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 242.5
Entity Common Stock, Shares Outstanding		214,693,613
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Entity Central Index Key	0001713952

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2022
Audit Information [Abstract]
Auditor Name	Ernst & Young LLP
Auditor Location	Salt Lake City, Utah
Auditor Firm ID	42

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Current Assets:
Cash and cash equivalents	$ 283,852	$ 208,509
Accounts and notes receivable, net of allowance of $16,422 and $13,271	55,694	63,671
Inventories	78,541	51,251
Prepaid expenses and other current assets	29,907	19,385
Total current assets	447,994	342,816
Property, plant and equipment, net	61,636	55,448
Capitalized contract costs, net	1,485,912	1,405,442
Deferred financing costs, net	1,632	2,088
Intangible assets, net	2,223	51,928
Goodwill	817,502	837,153
Operating lease right-of-use assets	36,812	46,000
Long-term notes receivables and other non-current assets, net	24,831	44,753
Total assets	2,878,542	2,785,628
Current Liabilities:
Accounts payable	121,314	96,317
Accrued payroll and commissions	82,649	83,347
Accrued expenses and other current liabilities	199,846	236,250
Deferred revenue	507,658	429,900
Current portion of notes payable, net	13,500	13,500
Current portion of operating lease liabilities	13,048	12,033
Current portion of finance lease liabilities	2,686	2,854
Total current liabilities	940,701	874,201
Notes payable, net	2,235,658	2,347,765
Notes payable, net - related party	454,872	351,080
Finance lease liabilities, net of current portion	5,216	1,416
Deferred revenue, net of current portion	851,764	778,214
Operating lease liabilities, net of current portion	30,232	41,713
Other long-term obligations	58,321	106,135
Warrant derivative liabilities	3,232	24,564
Deferred income tax liabilities	890	640
Total liabilities	4,580,886	4,525,728
Commitments and contingencies (See Note 14)
Stockholders’ deficit:
Preferred stock, $0.0001 par value, 300,000,000 shares authorized; none issued and outstanding as of December 31, 2022 and 2021, respectively	0	0
Class A Common stock, $0.0001 par value, 3,000,000,000 shares authorized; 213,606,672 and 208,734,193 shares issued and outstanding as of December 31, 2022 and 2021, respectively	21	21
Additional paid-in capital	1,766,407	1,703,815
Accumulated deficit	(3,468,772)	(3,417,038)
Accumulated other comprehensive loss	0	(26,898)
Total stockholders’ deficit	(1,702,344)	(1,740,100)
Total liabilities and stockholders’ deficit	$ 2,878,542	$ 2,785,628

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Allowance for credit loss	$ 16,422	$ 13,271
Preferred stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Preferred stock, authorized (in shares)	300,000,000	300,000,000
Preferred stock, issued (in shares)	0	0
Preferred stock, outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, authorized (in shares)	3,000,000,000	3,000,000,000
Common stock, issued (in shares)	213,606,672	208,734,193
Common stock, outstanding (in shares)	213,606,672	208,734,193

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenues:
Revenues	$ 1,682,490	$ 1,479,388	$ 1,252,267
Costs and expenses:
Operating expenses (exclusive of depreciation and amortization shown separately below)	389,921	384,365	352,343
Selling expenses (exclusive of amortization of deferred commissions of $222,097, $212,967 and $197,697, respectively, which are included in depreciation and amortization shown separately below)	351,391	379,497	302,287
General and administrative expenses	247,812	268,312	267,923
Depreciation and amortization	621,822	601,452	570,831
Restructuring and asset impairment charges	0	0	20,941
Total costs and expenses	1,610,946	1,633,626	1,514,325
Income (loss) from operations	71,544	(154,238)	(262,058)
Other expenses (income):
Interest expense	166,755	184,993	221,175
Interest income	(1,438)	(532)	(708)
Change in fair value of warrant liabilities	(21,332)	(50,107)	109,250
Other (income) loss, net	(23,057)	14,489	10,473
Loss before income taxes	(49,384)	(303,081)	(602,248)
Income tax expense	2,350	2,471	1,083
Net loss	$ (51,734)	$ (305,552)	$ (603,331)
Net loss per share attributable to common stockholders:
Basic (in dollars per share)	$ (0.24)	$ (1.47)	$ (3.37)
Diluted (in dollars per share)	$ (0.24)	$ (1.71)	$ (3.37)
Weighted-average shares used in computing net loss per share attributable to common stockholders:
Basic (in shares)	212,501,938	208,265,631	179,071,278
Diluted (in shares)	212,501,938	209,078,167	179,071,278

Consolidated Statements of Op_2

Consolidated Statements of Operations (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Statement [Abstract]
Amortization of deferred commissions	$ 222,097	$ 212,967	$ 197,697

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Statement of Comprehensive Income [Abstract]
Net loss	$ (51,734)	$ (305,552)	$ (603,331)
Other comprehensive (loss) income, net of tax effects:
Foreign currency translation adjustment	879	(89)	657
Total other comprehensive (loss) income	879	(89)	657
Comprehensive loss	$ (50,855)	$ (305,641)	$ (602,674)

Consolidated Statements of Chan

Consolidated Statements of Changes in Equity (Deficit) - USD ($) $ in Thousands	Total	Common Stock	Additional paid-in capital	Accumulated deficit	Accumulated other comprehensive income (loss)
Beginning balance (in shares) at Dec. 31, 2019		94,937,597
Beginning Balance at Dec. 31, 2019	$ (1,795,491)	$ 9	$ 740,121	$ (2,508,155)	$ (27,466)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Recapitalization transaction (in shares)		59,793,021
Recapitalization transaction	422,119	$ 6	422,113
Issuance of earnout shares (in shares)		36,084,141
Issuance of earnout shares		$ 5	(5)
Tax withholdings related to net share settlement of equity awards (in shares)		(468,773)
Tax withholdings related to net share settlement of equity awards	(9,313)		(9,313)
Forfeited shares (in shares)		(188,972)
Warrants exercised (in shares)		10,621,654
Warrants exercised	186,551		186,551
Issuance of common stock upon exercise or vesting of equity awards (in shares)		1,437,673
Net Loss	(603,331)			(603,331)
Foreign currency translation adjustment	657				657
Stock-based compensation	198,213		198,213
Restructuring expenses	11,106		11,106
Ending balance (in shares) at Dec. 31, 2020		202,216,341
Ending Balance at Dec. 31, 2020	(1,589,489)	$ 20	1,548,786	(3,111,486)	(26,809)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of earnout shares (in shares)		1,239,818
Tax withholdings related to net share settlement of equity awards (in shares)		(1,691,254)
Tax withholdings related to net share settlement of equity awards	(29,398)		(29,398)
Forfeited shares (in shares)		(17,198)
Warrants exercised (in shares)		825,016
Warrants exercised	19,743		19,743
Issuance of common stock upon exercise or vesting of equity awards (in shares)		6,161,470
Issuance of common stock upon exercise or vesting of equity awards	1	$ 1
Net Loss	(305,552)			(305,552)
Foreign currency translation adjustment	(89)				(89)
Stock-based compensation	$ 164,684		164,684
Ending balance (in shares) at Dec. 31, 2021	208,734,193	208,734,193
Ending Balance at Dec. 31, 2021	$ (1,740,100)	$ 21	1,703,815	(3,417,038)	(26,898)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Tax withholdings related to net share settlement of equity awards (in shares)		(2,063,857)
Tax withholdings related to net share settlement of equity awards	(15,351)		(15,351)
Issuance of common stock upon exercise or vesting of equity awards (in shares)		6,936,336
Net Loss	(51,734)			(51,734)
Foreign currency translation adjustment	879				879
Reclassification out of Other Comprehensive Income, Canada Sale	26,019				26,019
Stock-based compensation	$ 77,943		77,943
Ending balance (in shares) at Dec. 31, 2022	213,606,672	213,606,672
Ending Balance at Dec. 31, 2022	$ (1,702,344)	$ 21	$ 1,766,407	$ (3,468,772)	$ 0

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Cash flows from operating activities:
Net loss from operations	$ (51,734)	$ (305,552)	$ (603,331)
Adjustments to reconcile net loss to net cash provided by operating activities of operations:
Amortization of capitalized contract costs	556,550	524,981	481,213
Amortization of customer relationships	46,642	58,134	65,908
Gain on fair value changes of equity securities	0	(659)	0
Depreciation and amortization of property, plant and equipment and other intangible assets	18,630	18,337	23,710
Amortization of deferred financing costs and bond premiums and discounts	5,641	4,629	3,956
Gain on sale of Canada Business	(25,051)	0	0
(Gain) loss on warrant derivative liability	(21,332)	(50,107)	109,250
Warrant issuance costs	0	0	723
(Gain) loss on sale or disposal of assets	(1,653)	339	2,579
Loss on early extinguishment of debt	0	30,210	12,710
Stock-based compensation	77,943	164,684	198,213
Provision for doubtful accounts	40,476	31,341	23,778
Deferred income taxes	(3,177)	(3,598)	(1,813)
Restructuring and asset impairment charges	0	0	11,106
Changes in operating assets and liabilities:
Accounts and notes receivable, net	(46,479)	(30,724)	(24,684)
Inventories	(28,186)	(3,950)	17,299
Prepaid expenses and other current assets	(10,540)	(5,102)	(2,336)
Capitalized contract costs, net	(661,313)	(611,547)	(584,151)
Long-term notes receivables and other non-current assets, net	23,389	16,335	28,964
Operating lease right-of-use assets	9,166	6,881	12,440
Accounts payable	27,086	9,627	3,256
Accrued payroll and commissions, accrued expenses, and other current and long-term liabilities	(72,647)	(22,837)	156,784
Current and long-term operating lease liabilities	(10,445)	(8,081)	(13,291)
Deferred revenue	166,457	259,113	304,381
Net cash provided by operating activities	39,423	82,454	226,664
Cash flows from investing activities:
Capital expenditures	(19,369)	(17,275)	(25,245)
Proceeds from the sale of capital assets	2,334	141	18,063
Proceeds from the sale of Canada Business, net of cash sold	86,052	0	0
Acquisition of intangible assets	(323)	(347)	(4,481)
Net cash provided by (used in) investing activities	68,694	(17,481)	(11,663)
Cash flows from financing activities:
Proceeds from notes payable	0	1,758,000	1,241,000
Proceeds from notes payable - related party	0	392,000	309,000
Repayments of notes payable	(13,500)	(1,896,950)	(1,579,499)
Repayments of notes payable - related party	0	(351,300)	(174,800)
Borrowings from revolving line of credit	0	0	359,200
Repayment of revolving line of credit	0	0	(604,200)
Taxes paid related to net share settlements of stock-based compensation awards	(15,351)	(29,398)	(9,171)
Repayments of finance lease obligations	(3,692)	(3,158)	(7,657)
Proceeds from Mosaic recapitalization	0	0	463,522
Proceeds from warrant exercises	0	10,819	120,802
Financing costs	0	(26,351)	(11,191)
Deferred financing costs	0	(23,878)	(12,894)
Net cash (used in) provided by financing activities	(32,543)	(170,216)	94,112
Effect of exchange rate changes on cash and cash equivalents	(231)	(47)	137
Net increase (decrease) in cash and cash equivalents	75,343	(105,290)	309,250
Cash and cash equivalents:
Beginning of period	208,509	313,799	4,549
End of period	283,852	208,509	313,799
Supplemental cash flow disclosures:
Income tax paid	1,860	7,050	537
Interest paid	146,280	173,160	215,223
Supplemental non-cash investing and financing activities:
Finance lease additions	8,575	1,823	855
Capital expenditures included within accounts payable, accrued expenses and other current liabilities	$ 1,787	$ 3,426	$ 2,458

Description of Business

Description of Business	12 Months Ended
	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business	Description of BusinessVivint Smart Home, Inc., and its wholly owned subsidiaries, (collectively the “Company”), is one of the largest smart home companies in the United States. The Company is engaged in the sale, installation, servicing and monitoring of smart home and security systems.

Significant Accounting Policies

Significant Accounting Policies	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Significant Accounting Policies	Significant Accounting Policies Basis of Presentation The Company has prepared the accompanying consolidated financial statements pursuant to generally accepted accounting principles in the United States (“GAAP”). Preparing financial statements requires the Company to make estimates and assumptions that affect the amounts that are reported in the consolidated financial statements and accompanying disclosures. Although these estimates are based on the Company’s best knowledge of current events and actions that the Company may undertake in the future, actual results may be different from the Company’s estimates. The results of operations presented herein are not necessarily indicative of the Company’s results for any future period. On January 17, 2020 (the “Closing Date”), the Company consummated the previously announced merger pursuant to that certain Agreement and Plan of Merger, dated September 15, 2019, by and among the Company, Merger Sub, and Legacy Vivint Smart Home, as amended by Amendment No. 1 to the Agreement and Plan of Merger, dated as of December 18, 2019, by and among the Company, Merger Sub and Legacy Vivint Smart Home. (See Note 6 “Business Combination” for further discussion). Pursuant to the terms of the Merger Agreement, a business combination between the Company and Legacy Vivint Smart Home was effected through the merger of Merger Sub with and into Legacy Vivint Smart Home, with Legacy Vivint Smart Home surviving as the surviving company (the “Business Combination”). Notwithstanding the legal form of the Business Combination pursuant to the Merger Agreement, the Business Combination is accounted for as a reverse recapitalization in accordance with GAAP. Under this method of accounting, Vivint Smart Home, Inc. is treated as the acquired company and Legacy Vivint Smart Home is treated as the acquirer for financial statement reporting and accounting purposes. As a result of Legacy Vivint Smart Home being the accounting acquirer, the financial reports filed with the SEC by the Company subsequent to the Business Combination are prepared “as if” Legacy Vivint Smart Home is the predecessor and legal successor to the Company. The historical operations of Legacy Vivint Smart Home are deemed to be those of the Company. Thus, the financial statements included in this Annual Report reflect (i) the historical operating results of Legacy Vivint Smart Home prior to the Business Combination; (ii) the combined results of the Company and Legacy Vivint Smart Home following the Business Combination on January 17, 2020; (iii) the assets and liabilities of Legacy Vivint Smart Home at their historical cost; and (iv) the Company’s equity structure for all periods presented. The recapitalization of the number of shares of common stock attributable to the purchase of Legacy Vivint Smart Home in connection with the Business Combination is reflected retroactively to the earliest period presented and will be utilized for calculating earnings per share in all prior periods presented. No step-up basis of intangible assets or goodwill was recorded in the Business Combination transaction consistent with the treatment of the transaction as a reverse recapitalization of Legacy Vivint Smart Home. In connection with the Business Combination, Mosaic Acquisition Corp. changed its name to Vivint Smart Home, Inc. The Company’s Common Stock is now listed on the NYSE under the symbol “VVNT”. Prior to the Business Combination, the Company neither engaged in any operations nor generated any revenue. Until the Business Combination, based on the Company’s business activities, it was a “shell company” as defined under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Vivint Flex Pay The Vivint Flex Pay plan (“Vivint Flex Pay”) became the Company’s primary equipment financing model beginning in March 2017. Under Vivint Flex Pay, customers pay separately for the products (including control panel, security peripheral equipment, smart home equipment, and related installation) (“Products”) and Vivint’s smart home and security services (“Services”). The customer has the following three ways to pay for the Products: (1) qualified customers may finance the purchase of Products through third-party financing providers (“Consumer Financing Program” or “CFP”) (2) the Company generally offers a limited number of customers not eligible for the Consumer Financing Program, but who qualify under the Company’s underwriting criteria, the option to enter into a retail installment contract (“RIC”) directly with Vivint, or (3) customers may purchase the Products at the outset of the service contract by check, automatic clearing house payments (“ACH”), credit or debit card or by obtaining short-term financing (generally no more than six-month installment terms) through the Company. Although customers pay separately for Products and Services under Vivint Flex Pay, the Company has determined that the sale of Products and Services are one single performance obligation. As a result, all forms of transactions under Vivint Flex Pay create deferred revenue for the gross amount of Products sold. For RICs, gross deferred revenues are reduced by imputed interest and estimated write-offs. For Products financed through the CFP, gross deferred revenues are reduced by (i) any fees the third-party financing provider (“Financing Provider”) is contractually entitled to receive at the time of loan origination, and (ii) the present value of expected future payments due to the Financing Providers. Under the CFP, qualified customers are eligible for financing offerings (“Loans”) originated by Financing Providers of between $150 and $6,000. The terms of most Loans are determined based on the customer’s credit quality. The annual percentage rates on these loans is either 0% or 9.99%, depending on the customer's credit quality, and the Loans are issued on either an installment or revolving basis with repayment terms ranging from with a 6- to 60-months. For certain Financing Provider Loans: • The Company pays a monthly fee based on either the average daily outstanding balance of the installment loans, or the number of outstanding Loans. • The Company incurs fees at the time of the Loan origination and receives proceeds that are net of these fees. • The Company also shares liability for credit losses, with the Company being responsible for between 2.6% and 100% of lost principal balances. • The Company is responsible for reimbursing certain Financing Providers for merchant transaction fees and other fees associated with the Loans. Because of the nature of these provisions, the Company records a derivative liability at its fair value when the Financing Provider originates Loans to customers, which reduces the amount of estimated revenue recognized on the provision of the services. The derivative liability is reduced as payments are made by the Company to the Financing Provider. Subsequent changes to the fair value of the derivative liability are realized through other expenses (income), net in the Consolidated Statement of Operations. (See Note 10). For certain other Loans, the Company receives net proceeds (net of fees and expected losses) for which the Company has no further obligation to the Financing Provider. The Company records these net proceeds to deferred revenue. Retail Installment Contract Receivables For subscribers that enter into a RIC to finance the purchase of Products, the Company records a receivable for the amount financed. Gross RIC receivables are reduced for (i) expected write-offs of uncollectible balances over the term of the RIC and (ii) a present value discount of the expected cash flows using a risk adjusted market interest rate. Therefore, the RIC receivables equal the present value of the expected cash flows to be received by the Company over the term of the RIC, evaluated on a pool basis. RICs are pooled based on customer credit quality, contract length and geography. At the time of installation, the Company records a long-term note receivable within long-term notes receivables and other assets, net on the consolidated balance sheets for the present value of the receivables that are expected to be collected beyond 12 months of the reporting date. The unbilled receivable amounts that are expected to be collected within 12 months of the reporting date are included as a short-term notes receivable within accounts and notes receivable, net on the consolidated balance sheets. The billed amounts of notes receivables are included in accounts receivable within accounts and notes receivable, net on the consolidated balance sheets. The Company imputes the interest on the RIC receivable using a risk adjusted market interest rate and records it as a reduction to deferred revenue and as an adjustment to the face amount of the related receivable. The risk adjusted interest rate considers a number of factors, including credit quality of the subscriber base and other qualitative considerations such as macro-economic factors. The imputed interest income is recognized over the term of the RIC contract as recurring and other revenue on the consolidated statements of operations. When the Company determines that there are RIC receivables that have become uncollectible, it records an adjustment to the allowance and reduces the related note receivable balance. On a regular basis, the Company also assesses the expected remaining cash flows based on historical RIC write-off trends, current market conditions and both Company and third-party forecast data. If the Company determines there is a change in expected remaining cash flows, the total amount of this change for all RICs is recorded in the current period to the provision for credit losses, which is included in general and administrative expenses in the accompanying consolidated statements of operations. Account balances are written-off if collection efforts are unsuccessful and future collection is unlikely based on the length of time from the day accounts become past due. (See Note 4). Revenue Recognition The Company offers its customers smart home services combining Products, including a proprietary control panel, door and window sensors, door locks, security cameras and smoke alarms; installation; and a proprietary back-end cloud platform software and Services. These together create an integrated system that allows the Company’s customers to monitor, control and protect their home (“Smart Home Services”). The Company’s customers are buying this integrated system that provides them with these Smart Home Services. The number and type of Products purchased by a customer depends on their desired functionality. Because the Products and Services included in the customer’s contract are integrated and highly interdependent, and because they must work together to deliver the Smart Home Services, the Company has concluded that installed Products, related installation and Services contracted for by the customer are generally not distinct within the context of the contract and, therefore, constitute a single, combined performance obligation. Revenues for this single, combined performance obligation are recognized on a straight-line basis over the customer’s contract term, which is the period in which the parties to the contract have enforceable rights and obligations. The Company has determined that certain contracts that do not require a long-term commitment for monitoring services by the customer contain a material right to renew the contract, because the customer does not have to purchase Products upon renewal. Proceeds allocated to the material right are recognized over the period of benefit, which is generally three years. The majority of the Company’s subscription contracts are between three Sales of Products and other one-time fees such as service or installation fees are invoiced to the customer at the time of sale. Revenues for any Products or Services that are considered separate performance obligations are recognized when those Products or Services are delivered. Taxes collected from customers and remitted to governmental authorities are not included in revenue. Payments received or amounts billed in advance of revenue recognition are reported as deferred revenue. Beginning in late 2020, the Company began operating as a third-party dealer for residential solar installers in several states throughout the U.S, whereby the Company earns a commission from the installer for selling their solar services. Because there are no further performance obligations once the installation is complete, revenue is recognized at that time. To date, revenues from the Smart Insurance business have been immaterial to our overall financial results. Deferred Revenue The Company's deferred revenues primarily consist of amounts for sales (including upfront proceeds) of Smart Home Services. Deferred revenues are recognized over the term of the related performance obligation, which is generally three Accounts Receivable Accounts receivable consists primarily of amounts due from subscribers for recurring monthly monitoring Services, amounts due from Financing Providers and the billed portion of RIC receivables. The accounts receivable are recorded at invoiced amounts and are non-interest bearing and are included within accounts and notes receivable, net on the consolidated balance sheets. Accounts receivable totaled $34.8 million and $26.4 million at December 31, 2022 and 2021, respectively net of the allowance for doubtful accounts of $16.4 million and $13.3 million at December 31, 2022 and 2021, respectively. The Company estimates this allowance based on historical collection experience, subscriber attrition rates, current market conditions and both Company and third-party forecast data. When the Company determines that there are accounts receivable that are uncollectible, they are charged off against the allowance for doubtful accounts. The provision for doubtful accounts is included in general and administrative expenses in the accompanying consolidated statements of operations. The changes in the Company’s allowance for doubtful accounts were as follows for the periods ended (in thousands): Year ended December 31, 2022 2021 2020 Beginning balance $ 13,271 $ 9,911 $ 8,118 Provision for doubtful accounts 40,476 31,341 23,778 Write-offs and adjustments (37,325) (27,981) (21,985) Balance at end of period $ 16,422 $ 13,271 $ 9,911 Restructuring and Asset Impairment Charges Restructuring and asset impairment charges represent expenses incurred in relation to activities to exit or dispose of portions of the Company's business that do not qualify as discontinued operations. Liabilities associated with restructuring are measured at their fair value when the liability is incurred. Expenses for related termination benefits are recognized at the date the Company notifies the employee, unless the employee must provide future service, in which case the benefits are expensed ratably over the future service period. Liabilities related to termination of a contract are measured and recognized at fair value when the contract does not have any future economic benefit to the entity and the fair value of the liability is determined based on the present value of the remaining obligation. The Company expenses all other costs related to an exit or disposal activity as incurred (See Note 11). Principles of Consolidation The accompanying consolidated financial statements include the accounts of Vivint Smart Home, Inc. and its subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. Capitalized Contract Costs Capitalized contract costs represent the costs directly related and incremental to the origination of new contracts, modification of existing contracts or to the fulfillment of the related subscriber contracts. These include commissions, other compensation and related costs incurred directly for the origination and installation of new or upgraded customer contracts, as well as the cost of Products installed in the customer home at the commencement or modification of the contract. The Company calculates amortization by accumulating all deferred contract costs into separate portfolios based on the initial month of service and amortizes those deferred contract costs on a straight-line basis over the expected period of benefit that the Company has determined to be five years, consistent with the pattern in which the Company provides services to its customers. The Company believes this pattern of amortization appropriately reduces the carrying value of the capitalized contract costs over time to reflect the decline in the value of the assets as the remaining period of benefit for each monthly portfolio of contracts decreases. The period of benefit of five years is longer than a typical contract term because of anticipated contract renewals. The Company applies this period of benefit to its entire portfolio of contracts. The Company updates its estimate of the period of benefit periodically and whenever events or circumstances indicate that the period of benefit could change significantly. Such changes, if any, are accounted for prospectively as a change in estimate. Amortization of capitalized contract costs is included in “Depreciation and Amortization” on the consolidated statements of operations. The carrying amount of the capitalized contract costs is periodically reviewed for impairment. In performing this review, the Company considers whether the carrying amount of the capitalized contract costs will be recovered. In estimating the amount of consideration the Company expects to receive in the future related to capitalized contract costs, the Company considers factors such as attrition rates, economic factors, and industry developments, among other factors. If it is determined that capitalized contract costs are impaired, an impairment loss is recognized for the amount by which the carrying amount of the capitalized contract costs and the anticipated costs that relate directly to providing the future services exceed the consideration that has been received and that is expected to be received in the future. During the years ended December 31, 2022 and 2021, no impairment losses were recorded. Contract costs not directly related and incremental to the origination of new contracts, modification of existing contracts or to the fulfillment of the related subscriber contracts are expensed as incurred. These costs include those associated with housing, marketing and recruiting, non-direct lead generation costs, certain portions of sales commissions and residuals, overhead and other costs considered not directly and specifically tied to the origination of a particular subscriber. On the consolidated statement of cash flows, capitalized contract costs are classified as operating activities and reported as “Capitalized contract costs - deferred contract costs” as these assets represent deferred costs associated with subscriber contracts. The Company’s depreciation and amortization included in the consolidated statements of operations consisted of the following (in thousands): Year ended December 31, 2022 2021 2020 Amortization of capitalized contract costs $ 556,550 $ 524,981 $ 481,213 Amortization of definite-lived intangibles 47,813 60,004 69,465 Depreciation and amortization of property, plant and equipment 17,459 16,467 20,153 Total depreciation and amortization $ 621,822 $ 601,452 $ 570,831 Inventories Inventories, which are comprised of smart home and security system equipment and parts are stated at the lower of cost or net realizable value with cost determined under the first-in, first-out (FIFO) method. Inventories sold to customers as part of a smart home and security system are generally capitalized as contract costs. The Company adjusts the inventory balance based on anticipated obsolescence, usage and historical write-offs. Deferred Financing Costs Certain costs incurred in connection with obtaining debt financing are deferred and amortized utilizing the straight-line method, which approximates the effective-interest method, over the life of the related financing. Deferred financing costs associated with obtaining the APX Group, Inc.’s (“APX”) revolving credit facility are amortized over the amended maturity dates discussed in Note 5. Deferred financing costs associated with the revolving credit facility reported in the accompanying consolidated balance sheets as deferred financing costs, net at December 31, 2022 and 2021 were $1.6 million and $2.1 million, net of accumulated amortization of $11.9 million and $11.5 million, respectively. Deferred financing costs included in the accompanying consolidated balance sheets within notes payable, net at December 31, 2022 and 2021 were $29.1 million and $34.3 million, net of accumulated amortization of $82.6 million and $77.4 million, respectively. Amortization expense on deferred financing costs recognized and included in interest expense in the accompanying consolidated statements of operations totaled $5.6 million, $6.9 million and $7.9 million for the years ended December 31, 2022, 2021 and 2020, respectively. Residual Income Plans The Company has a program that allows certain third-party sales channel partners to receive additional compensation based on the performance of the underlying contracts they create (the “Channel Partner Plan”). The Company also had a residual sales compensation plan (the “Residual Plan”) during 2018 and 2019 under which the Company's sales personnel (each, a “Plan Participant”) receive compensation based on the performance of certain underlying contracts they created in prior years. For both the Channel Partner Plan and Residual Plan, the Company calculates the present value of the expected future residual payments and records a liability for this amount in the period the subscriber account is originated. These costs are recorded to capitalized contract costs. The Company monitors actual payments and customer attrition on a periodic basis and, when necessary, makes adjustments to the liability. The current portion of the liability included in accrued payroll and commissions was $4.3 million as of December 31, 2022 and 2021, and the noncurrent portion included in other long-term obligations was $21.5 million and $23.2 million at December 31, 2022 and 2021, respectively. Stock-Based Compensation The Company measures compensation expense for all stock-based awards based on the grant-date fair value of the award and recognizes that cost over the requisite service period of the awards. The Company accounts for forfeitures as they occur (See Note 13). Advertising Expense Advertising costs are expensed as incurred. Advertising costs were approximately $63.4 million, $89.9 million and $70.9 million for the years ended December 31, 2022, 2021 and 2020, respectively. Research and Development Research and development costs consist primarily of employee compensation and related expenses, product development expenses, third-party development support costs, facility costs as well as allocated overhead costs and are included in general and administrative expense. The Company incurred $64.5 million, $55.2 million and $50.7 million for the years ended December 31, 2022, 2021 and 2020, respectively. Income Taxes The Company accounts for income taxes based on the asset and liability method. Under the asset and liability method, deferred tax assets and deferred tax liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Valuation allowances are established when necessary to reduce deferred tax assets when it is determined that it is more likely than not that some portion, or all, of the deferred tax asset will not be realized. The Company recognizes the effect of an uncertain income tax position on the income tax return at the largest amount that is more likely than not to be sustained upon audit by the relevant taxing authority. An uncertain income tax position will not be recognized if it has less than a 50% likelihood of being sustained. The Company’s policy for recording interest and penalties is to record such items as a component of the provision for income taxes. Changes in tax laws and rates could also affect recorded deferred tax assets and liabilities in the future. The Company records the effect of a tax rate or law change on the Company’s deferred tax assets and liabilities in the period of enactment. Future tax rate or law changes could have a material effect on the Company’s results of operations, financial condition, or cash flows (See Note 12). Concentrations of Credit Risk Financial instruments that potentially subject the Company to concentration of credit risk consist principally of receivables and cash. At times during the year, the Company maintains cash balances in excess of insured limits. The Company is not dependent on any single customer or geographic location. The loss of a customer would not adversely impact the Company’s operating results or financial position. Concentrations of Supply Risk As of December 31, 2022, approximately 97% of the Company’s installed panels were the Company's proprietary SkyControl or Smart Hub panels and 3% were 2GIG Go!Control panels. The loss of the Company’s SkyControl panel supplier could potentially impact its operating results or financial position. Fair Value Measurement Fair value is based on the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Assets and liabilities subject to on-going fair value measurement are categorized and disclosed into one of three categories depending on observable or unobservable inputs employed in the measurement. These two types of inputs have created the following fair value hierarchy: Level 1: Quoted prices in active markets that are accessible at the measurement date for assets and liabilities. Level 2: Observable prices that are based on inputs not quoted in active markets, but corroborated by market data. Level 3: Unobservable inputs are used when little or no market data is available. This hierarchy requires the Company to minimize the use of unobservable inputs and to use observable market data, if available, when determining fair value. The Company recognizes transfers between levels of the hierarchy based on the fair values of the respective financial measurements at the end of the reporting period in which the transfer occurred. There were no transfers between levels of the fair value hierarchy during the years ended December 31, 2022, 2021, and 2020. The carrying amounts of the Company’s accounts receivable, accounts payable and accrued and other liabilities approximate their fair values due to their short maturities. Goodwill The Company tests goodwill at the reporting unit level for impairment annually as of October 1 and on an interim basis when events occur or circumstances exist that indicate the carrying value may no longer be recoverable. The company compares the fair value of our reporting units with the carrying amount, including goodwill. The Company recognizes an impairment charge for the amount by which the reporting unit’s carrying amount exceeds its fair value. The Company’s reporting units are determined based on its current reporting structure, which as of December 31, 2022 consisted of one reporting unit. As of December 31, 2022, there were no changes in facts and circumstances since the most recent annual impairment analysis to indicate impairment existed. During the years ended December 31, 2022, 2021 and 2020, no impairments to goodwill were recorded. Foreign Currency Translation and Other Comprehensive Income On June 8, 2022, the Company completed the sale of its Canada business to TELUS Communications Inc. (“TELUS”) (“Canada Sale”). Prior to the sale, the functional currency of Vivint Canada, Inc. was the Canadian dollar. Accordingly, Vivint Canada, Inc. assets and liabilities were translated from their respective functional currencies into U.S. dollars at period-end rates and Vivint Canada, Inc. revenue and expenses were translated at the weighted-average exchange rates for the period. Adjustments resulting from this translation process are classified as other comprehensive income or loss and shown as a separate component of equity. When intercompany foreign currency transactions between entities included in the consolidated financial statements are of a long term investment nature (i.e., those for which settlement is not planned or anticipated in the foreseeable future) foreign currency translation adjustments resulting from those transactions are included in stockholders’ (deficit) equity as accumulated other comprehensive loss or income. When intercompany transactions are deemed to be of a short-term nature, translation adjustments are required to be included in the consolidated statement of operations. The Company had determined that settlement of Vivint Canada, Inc. intercompany balances were anticipated and therefore such balances were deemed to be of a short-term nature. Translation activity included in the statement of operations in other (income) expenses, net related to intercompany balances was as follows: (in thousands) For the Years Ended December 31, 2022 December 31, 2021 December 31, 2020 Translation gain $ (1,837) $ (423) $ (602) Derivative Warrant Liabilities The Company does not use derivative instruments to hedge exposures to cash flow, market, or foreign currency risks. The Company evaluates all of its financial instruments, including issued stock purchase warrants, to determine if such instruments are derivatives or contain features that qualify as embedded derivatives, pursuant to ASC 480 and ASC 815-15. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is assessed as part of this evaluation. The Company accounts for its public warrants and private placement warrants as derivative warrant liabilities in accordance with ASC 815-40. Accordingly, the Company recognizes the warrant instruments as liabilities at fair value and adjusts the instruments to fair value at each reporting period. The liabilities are re-measured at each balance sheet date until exercised, and any change in fair value is recognized in the Company’s statement of operations. Accounting Pronouncements Issued But Not Yet Adopted In March 2020 and January 2021 and December 2022, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update “ASU”) No. 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting and ASU No. 2021-01, Reference Rate Reform (Topic 848): Scope and ASU No. 2022-06, Reference Rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848 , respectively. Together, the ASUs provide temporary optional guidance to ease the potential burden in accounting for reference rate reform. The new guidance provides optional expedients and exceptions for applying generally accepted accounting principles to transactions affected by reference rate reform if certain criteria are met. These transactions include contract modifications, hedging relationships, and

Revenue and Capitalized Contrac

Revenue and Capitalized Contract Costs	12 Months Ended
	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Revenue and Capitalized Contract Costs	Revenue and Capitalized Contract Costs Customers are typically invoiced for Smart Home Services in advance or at the time the Company delivers the related Smart Home Services. The majority of customers pay at the time of invoice via credit card, debit card or ACH. Deferred revenue relates to the advance consideration received from customers, which precedes the Company’s satisfaction of the associated performance obligation. The Company’s deferred revenues primarily result from customer payments received in advance for recurring monthly monitoring and other Smart Home Services, or other one-time fees, because these performance obligations are satisfied over time. The Company also provides its customers with service warranties associated with product replacement and related services. As of December 31, 2022 and 2021, the Company had warranty service reserves of $6.8 million and $6.0 million, respectively, which are included in accrued expenses and other current liabilities on the consolidated balance sheets. During the years ended December 31, 2022 and 2021, the Company recognized revenues of $437.4 million and $320.0 million, respectively, that were included in the deferred revenue balance as of December 31, 2021 and 2020, respectively. The revenue related to the Company's smart energy business is primarily from commissions received by operating as a sales dealer for third-party residential solar installers. The Company invoices the solar installer, and recognize the associated revenue at the time the solar installation is complete. During the years ended December 31, 2022 and 2021, the Company recognized revenues of $94.4 million and $49.9 million, respectively, related to the Company's smart energy business. The Company did not recognize a material amount of solar revenues for the year ended December 31, 2020. Transaction Price Allocated to the Remaining Performance Obligations As of December 31, 2022, approximately $3.7 billion of revenue is expected to be recognized from remaining performance obligations for subscription contracts. The Company expects to recognize approximately 64% of the revenue related to these remaining performance obligations over the next 24 months, with the remaining balance recognized over an additional 36 months. Timing of Revenue Recognition The Company considers Products, related installation, and its proprietary back-end cloud platform software and services an integrated system that allows the Company’s customers to monitor, control and protect their homes. These Smart Home Services are accounted for as a single performance obligation that is recognized over the customer’s contract term, which is generally three Capitalized Contract Costs Capitalized contract costs generally include commissions, other compensation and related costs paid directly for the generation and installation of new or modified customer contracts, as well as the cost of Products installed in the customer home at the commencement or modification of the contract. The Company defers and amortizes these costs for new or modified subscriber contracts on a straight-line basis over the expected period of benefit of five years.

Retail Installment Contract Rec

Retail Installment Contract Receivables	12 Months Ended
	Dec. 31, 2022
Receivables [Abstract]
Retail Installment Contract Receivables	Retail Installment Contract Receivables Certain subscribers have the option to purchase Products under a RIC, payable over either 42 or 60 months. Short-term RIC receivables are recorded in accounts and notes receivable, net and long-term RIC receivables are recorded in long-term notes receivables and other assets, net in the consolidated balance sheets. The following table summarizes the RIC receivables (in thousands): For the Years Ended December 31, 2022 December 31, 2021 RIC receivables, gross $ 44,909 $ 90,204 RIC allowance (6,685) (12,384) Imputed interest (3,152) (7,469) RIC receivables, net $ 35,072 $ 70,351 Classified on the consolidated balance sheets as: Accounts and notes receivable, net $ 20,887 $ 37,270 Long-term notes receivables and other assets, net 14,185 33,081 RIC receivables, net $ 35,072 $ 70,351 The changes in the Company’s RIC allowance were as follows (in thousands): For the Years Ended December 31, 2022 December 31, 2021 RIC allowance, beginning of period $ 12,384 $ 27,061 Write-offs (7,573) (13,714) Recoveries 2,252 3,446 Additions from RICs originated during the period 2,676 6,795 Change in expected credit losses (1,522) (10,995) Other adjustments (1) (1,532) (209) RIC allowance, end of period $ 6,685 $ 12,384 (1) Other adjustments primarily reflect changes in foreign currency exchange rates related to Canadian RICs and adjustments related to sale of the Canadian business.

Long-Term Debt

Long-Term Debt	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
Long-Term Debt	Long-Term Debt The Company’s debt at December 31, 2022 and 2021 consisted of the following (in thousands): December 31, 2022 Outstanding Unamortized Deferred Financing Costs (1) Net Carrying Long-Term Debt: 6.750% Senior Secured Notes Due 2027 $ 600,000 $ (3,899) $ 596,101 5.750% Senior Notes Due 2029 800,000 (9,683) 790,317 Senior Secured Term Loan - noncurrent 1,319,625 (15,513) 1,304,112 Total Long-Term Debt 2,719,625 (29,095) 2,690,530 Senior Secured Term Loan - current 13,500 — 13,500 Total Debt $ 2,733,125 $ (29,095) $ 2,704,030 December 31, 2021 Outstanding Unamortized Deferred Financing Costs (1) Net Carrying Long-Term Debt: 8.500% Senior Secured Notes Due 2024 $ 600,000 $ (4,835) $ 595,165 6.750% Senior Secured Notes Due 2027 800,000 (11,154) 788,846 Senior Secured Term Loan - noncurrent 1,333,125 (18,291) 1,314,834 Total Long-Term Debt 2,733,125 (34,280) 2,698,845 Senior Secured Term Loan - current 13,500 — 13,500 Total Debt $ 2,746,625 $ (34,280) $ 2,712,345 (1) Unamortized deferred financing costs related to the revolving credit facilities included in deferred financing costs, net on the consolidated balance sheets at December 31, 2022 and 2021 was $1.6 million and $2.1 million, respectively. Notes Payable 2027 Notes As of December 31, 2022, APX had $600.0 million outstanding aggregate principal amount of 6.750% senior secured notes due 2027 (the “2027 notes”). The 2027 notes are secured, on a pari passu basis, by the collateral securing obligations under the existing senior secured notes, the Revolving Credit Facility and the Term Loan Facility (as defined below), in each case, subject to certain exceptions and permitted liens. Interest accrues at the rate of 6.75% per annum for the 2027 notes. Interest on the 2027 notes is payable semiannually in arrears on February 15 and August 15 each year. APX may redeem the Notes at the prices and on the terms specified in the applicable indenture. 2029 Notes As of December 31, 2022, APX had $800.0 million outstanding aggregate principal amount of 5.75% senior notes due 2029 (the “2029 notes” and, together with the 2027 notes the “Notes”). The 2029 notes will mature on July 15, 2029. Interest accrues at the rate of 5.75% per annum for the 2029 notes. Interest on the 2029 notes is payable semiannually in arrears on January 15 and July 15 each year. APX may redeem the Notes at the prices and on the terms specified in the applicable indenture. Senior Secured Credit Facilities In July 2021, APX amended and restated its existing senior secured term loan credit agreement and existing senior secured revolving credit facility with a new senior secured credit agreement (the “Credit Agreement”) that provides for (i) a term loan facility in an aggregate principal amount of $1,350 million (the “Term Loan Facility”, and the loans thereunder, the “Term Loans”) and (ii) a revolving credit facility with commitments in an aggregate principal amount of $370 million (the “Revolving Credit Facility”, and the loans thereunder, the “Revolving Loans”). As of December 31, 2022, APX had outstanding term loans under the Term Loan Facility in an aggregate principal amount of $1,333.1 million. APX is required to make quarterly amortization payments under the Term Loan in an amount equal to 0.25% of the aggregate principal amount of the Term Loan outstanding on the closing date thereof. The remaining outstanding principal amount of the Term Loans will be due and payable in full on July 9, 2028. APX may prepay the Term Loans on the terms specified in the Credit Agreement. No amortization payments are required under the Revolving Credit Facility. In addition to paying interest on outstanding principal under the Revolving Credit Facility, APX is required to pay a quarterly commitment fee of 50 basis points (which will be subject to two interest rate step-downs of 12.5 basis points, based on APX meeting consolidated first lien net leverage ratio tests) to the lenders under the Revolving Credit Facility in respect of the unutilized commitments thereunder. APX also pays customary letter of credit and agency fees. The revolving credit commitments outstanding under the Revolving Credit Facility will be due and payable in full on July 9, 2026. Borrowings under the amended and restated Term Loan Facility and Revolving Credit Facility bear interest, at APX’s option, at a rate per annum equal to either (a)(i) a base rate determined by reference to the highest of (1) the “Prime Rate” in the United States as published in The Wall Street Journal, (2) the federal funds effective rate plus 0.50% and (3) the LIBOR rate for a one month interest period plus 1.00%, plus (ii) 2.50% (or after the delivery of financial statements for the fiscal quarter ending December 31, 2021, between 2.50% and 2.00%, depending on the first lien net leverage ratio of the applicable fiscal quarter) or (b)(i) a LIBOR rate determined by reference to the applicable page for the LIBOR rate for the interest period relevant to such borrowing plus (ii) 3.50% (or after the delivery of financial statements for the fiscal quarter ending December 31, 2021, between 3.50% and 3.00%, depending on the first lien net leverage ratio of the applicable fiscal quarter), subject in each case to an agreed interest rate floor. There were no outstanding borrowings under the Revolving Credit Facility as of December 31, 2022 and December 31, 2021. As of December 31, 2022, the Company had $358.9 million of availability under the Revolving Credit Facility (after giving effect to $11.1 million of letters of credit outstanding and no borrowings). Debt Modifications and Extinguishments The Company performs analyses on a creditor-by-creditor basis for debt modifications and extinguishments to determine if repurchased debt was substantially different than debt issued to determine the appropriate accounting treatment of associated issuance costs. As a result of these analyses, the following amounts of other expense and loss on extinguishment and deferred financing costs were recorded (in thousands): Other expense and loss on extinguishment Deferred financing costs Issuance Original premium extinguished Previously deferred financing costs extinguished New financing costs Total other expense and loss on extinguishment Previously deferred financing rolled over New deferred financing costs Total deferred financing costs For the year ended December 31, 2021 2029 Notes issuance - July 2021 $ (5,656) $ 8,016 $ 17,187 $ 19,547 $ — $ 11,767 $ 11,767 Term Loan issuance - July 2021 — 1,499 9,165 10,664 8,148 11,302 19,450 Total $ (5,656) $ 9,515 $ 26,352 $ 30,211 $ 8,148 $ 23,069 $ 31,217 For the year ended December 31, 2020 2027 Notes issuance - February 2020 $ (2,749) $ 4,033 $ 6,146 $ 7,430 $ 205 $ 6,346 $ 6,551 Term Loan issuance - February 2020 — 235 5,045 5,280 6,973 5,461 12,434 Total $ (2,749) $ 4,268 $ 11,191 $ 12,710 $ 7,178 $ 11,807 $ 18,985 Deferred financing costs are amortized to interest expense over the life of the issued debt. The following tables present deferred financing activity for the years ended December 31, 2022 and 2021 (in thousands): Unamortized Deferred Financing Costs Balance December 31, 2021 Additions Early Extinguishment Amortized Balance December 31, 2022 Revolving Credit Facility $ 2,088 $ — $ — $ (456) $ 1,632 2027 Notes 4,835 — — (936) 3,899 2029 Notes 11,153 — — (1,471) 9,682 Term Loan 18,290 — — (2,777) 15,513 Total Deferred Financing Costs $ 36,366 $ — $ — $ (5,640) $ 30,726 Unamortized Deferred Financing Costs Balance December 31, 2020 Additions Early Extinguishment Amortized Balance December 31, 2021 Revolving Credit Facility $ 1,667 $ 843 $ — $ (422) $ 2,088 2022 Notes 4,697 — (3,314) (1,383) — 2023 Notes 2,241 — (1,681) (560) — 2024 Notes 3,530 — (3,021) (509) — 2027 Notes 5,771 — — (936) 4,835 2029 Notes — 11,767 — (614) 11,153 Term Loan 10,921 11,302 (1,499) (2,434) 18,290 Total Deferred Financing Costs $ 28,827 $ 23,912 $ (9,515) $ (6,858) $ 36,366 Guarantees

Business Combination

Business Combination	12 Months Ended
	Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]
Business Combination	Business Combination On January 17, 2020, the Company consummated the previously announced merger pursuant to that certain Agreement and Plan of Merger, dated September 15, 2019, by and among the Company, Merger Sub, and Legacy Vivint Smart Home, as amended by the Merger Agreement, dated as of December 18, 2019, by and among the Company, Maiden Sub and Legacy Vivint Smart Home. Pursuant to the terms of the Merger Agreement, a business combination between the Company and Legacy Vivint Smart Home was effected through the merger of Merger Sub with and into Legacy Vivint Smart Home, with Legacy Vivint Smart Home as the surviving company. At the effective time of the Business Combination (the “Effective Time”), each stockholder of Legacy Vivint Smart Home received 84.5320916792 shares of the Company’s Class A common stock, par value $0.0001 per share (the “Common Stock”), for each share of Legacy Vivint Smart Home common stock, par value $0.01 per share, that such stockholder owned. Pursuant in each case to a Subscription Agreement entered into in connection with the Merger Agreement, certain investment funds managed by affiliates of Fortress Investment Group LLC (“Fortress”) and certain investment funds affiliated with Blackstone Inc. (“Blackstone”) purchased, respectively, 12,500,000 and 10,000,000 newly-issued shares of Common Stock (such purchases, the “Fortress PIPE” and the “Blackstone PIPE,” respectively, and together, the “PIPE”) concurrently with the completion of the Business Combination (the “Closing”) on the Closing Date for an aggregate purchase price of $125.0 million and $100.0 million, respectively. In connection with the Merger, each of the issued and outstanding Founder Shares was converted into approximately 1.20 shares of Common Stock of the Company. The private placement warrants will expire five years after the Closing or earlier upon redemption or liquidation. In connection with the execution of the Amendment, the Company entered into a Subscription and Backstop Agreement (the “Fortress Subscription and Backstop Agreement”) . On the Closing Date, pursuant to the Fortress Subscription and Backstop Agreement, Fortress purchased 2,698,753 shares of Common Stock for an aggregate of $27.8 million. In addition, the Company entered into an additional subscription agreement (the “Additional Forward Purchaser Subscription Agreement”) with one of the forward purchasers (the “Forward Purchaser”). Pursuant to the Additional Forward Purchaser Subscription Agreement, immediately prior to the Effective Time, the Forward Purchaser purchased from us 5,000,000 shares of Common Stock at a purchase price of $10.00 per share. As consideration for the additional investment, concurrently with the Closing, 25% of Mosaic Sponsor LLC’s founder shares (“Forward Shares”) and private placement warrants were forfeited to the Company and the Company issued to the Forward Purchaser a number of shares of Common Stock equal to approximately 1.20 times the number of Founder Shares forfeited and a number of warrants equal to the number of private placement warrants forfeited. At the Closing, certain investors (including an affiliate of Fortress) received an aggregate of 15,789,474 shares of Common Stock at a purchase price of $9.50 per share (the “IPO Forward Purchaser Investment”) pursuant to the terms of the forward purchase agreements the Company entered into in connection with the Company’s initial public offering. In connection with the Closing, 31,074,592 shares of Common Stock were redeemed at a price per share of approximately $10.29. In addition, in connection with the Closing, each Founder Share issued and outstanding immediately prior to the Closing (other than the Founder Shares forfeited in connection with the Additional Forward Purchaser Subscription Agreement) converted into approximately 1.2 shares of Common Stock of the Company. Immediately prior to the Effective Time, each issued and outstanding share of Legacy Vivint Smart Home preferred stock (other than shares owned by Legacy Vivint Smart Home as treasury stock) converted into approximately 1.43 shares of Legacy Vivint Smart Home common stock in accordance with the certificate of designations of the Legacy Vivint Smart Home preferred stock. As part of the Business Combination, the Company assumed the liabilities associated with the outstanding public warrants and private placement warrants. The Company recorded the warrants as a derivative liability at fair value on the date of the Business Combination. The following table reconciles the elements of the Business Combination to the consolidated statement of cash flows and the consolidated statement of changes in equity for the year ended December 31, 2020: Recapitalization (in thousands) Cash - Mosaic (net of redemptions) $ 35,344 Cash - Subscribers and Forward Purchasers 453,221 Less fees to underwriters and other transaction costs (25,043) Net cash received from recapitalization 463,522 Less: Warrant derivative liabilities assumed (40,094) Less: non-cash net liabilities assumed from Mosaic (5) Less: deferred and accrued transaction costs (1,304) Net contributions from recapitalization $ 422,119 The number of shares of Common Stock of Vivint Smart Home Inc. issued immediately following the consummation of the Business Combination is summarized as follows: Number of Shares Common Stock outstanding prior to Business Combination 34,500,000 Less redemption of Mosaic Shares (31,074,592) Common Stock of Mosaic 3,425,408 Shares issued from Fortress PIPE 12,500,000 Shares from Blackstone PIPE 10,000,000 Shares from Additional Forward Purchaser Subscription Agreement 5,000,000 Shares from IPO Forward Purchaser Investment 15,789,474 Shares from Fortress Subscription and Backstop Agreement 2,698,753 Shares from Mosaic Founder Shares 10,379,386 Recapitalization shares 59,793,021 Legacy Vivint Smart Home equity holders 94,937,597 Total shares 154,730,618 Earnout consideration Following the closing of the Merger, holders of Vivint common stock and holders of rollover restricted stock units (“Rollover RSUs”), the rollover stock appreciation rights (“Rollover SARs”), the shares of rollover restricted stock (“Rollover Restricted Stock”) and any awards granted under the Company rollover long-term incentive program (“Rollover LTIP Plans”) (together, “Rollover Equity Awards”) had the contingent right to receive, in the aggregate, up to 37,500,000 shares of Common Stock if, from the closing of the Merger until the fifth anniversary thereof, the dollar volume-weighted average price of Common Stock exceeded certain thresholds. The first issuance of 12,500,000 earnout shares occurred when the volume-weighted average price of Common Stock exceeded $12.50 for any 20 trading days within any 30-trading day period (the “First Earnout”). The second issuance of 12,500,000 earnout shares occurred when the volume weighted average price of Common Stock exceeded $15.00 for any 20 trading days within any 30-trading day period (the “Second Earnout”). The third issuance of 12,500,000 earnout shares occurred when the volume weighted average price of Common Stock exceeded $17.50 for any 20-trading days within any 30-trading day period (the “Third Earnout”) (as further described in the Merger Agreement). Subsequent to the closing of the Merger, the cumulative issuance of 37,323,959 shares of Common Stock occurred after attainment of the First Earnout, Second Earnout and Third Earnout in February, March and September 2020, respectively. The difference in the shares issued in the earnouts and the aggregate amounts defined in the Merger Agreement above are primarily attributable to unissued shares reserved for future issuance to holders of Rollover Equity Awards, which are subject to the same vesting terms and conditions as the underlying Rollover Equity Awards. Additionally, shares were withheld from employees to satisfy the mandatory tax withholding requirements. The Company has determined that the earnout shares issued to non-employee shareholders and to holders of Vivint common stock and vested Rollover Equity Awards qualify for the scope exception in ASC 815-10-15-74(a) and meet the criteria for equity classification under ASC 815-40. These earnout shares were initially measured at fair value at Closing. Upon the attainment of the share price targets, the earnout shares delivered to the equity holders are recorded in equity as shares issued, with the appropriate allocation to common stock at par and additional paid-in capital. Since all earnout shares have determined to be equity-classified, there is no remeasurement unless reclassification is required. For the earnout shares associated with unvested Rollover Equity Awards, the Company has determined that they qualify for equity classification and are subject to stock-based compensation expense under ASC 718.

Balance Sheet Components

Balance Sheet Components	12 Months Ended
	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Balance Sheet Components	Balance Sheet Components The following table presents material balance sheet component balances as of December 31, 2022 and December 31, 2021 (in thousands): December 31, 2022 2021 Prepaid expenses and other current assets Prepaid expenses $ 16,012 $ 12,791 Deposits 987 627 Other 12,908 5,967 Total prepaid expenses and other current assets $ 29,907 $ 19,385 Capitalized contract costs Capitalized contract costs $ 4,562,735 $ 4,103,683 Accumulated amortization (3,076,823) (2,698,241) Capitalized contract costs, net $ 1,485,912 $ 1,405,442 Long-term notes receivables and other assets RIC receivables, gross $ 24,022 $ 52,934 RIC allowance (6,685) (12,384) RIC imputed interest (3,152) (7,469) Deferred income tax assets — 2,022 Other 10,646 9,650 Total long-term notes receivables and other assets, net $ 24,831 $ 44,753 Accrued payroll and commissions Accrued commissions $ 43,163 $ 47,879 Accrued payroll 39,486 35,468 Total accrued payroll and commissions $ 82,649 $ 83,347 Accrued expenses and other current liabilities Accrued interest payable $ 55,155 $ 40,333 Current portion of derivative liability 90,008 140,394 Service warranty accrual 6,750 5,992 Accrued taxes 9,043 10,758 Accrued payroll taxes and withholdings 5,863 14,392 Loss contingencies 22,300 8,150 Other 10,727 16,231 Total accrued expenses and other current liabilities $ 199,846 $ 236,250

Property Plant and Equipment

Property Plant and Equipment	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Property Plant and Equipment	Property Plant and Equipment Property, plant and equipment is recorded at historical cost less accumulated depreciation, which is calculated using the straight-line method over the estimated useful lives of the related assets, as follows (in thousands): December 31, Estimated 2022 2021 Vehicles $ 42,294 $ 40,103 3-5 years Computer equipment and software 74,459 83,479 3-5 years Leasehold improvements 25,041 30,087 2-15 years Office furniture, fixtures and equipment 12,754 22,327 2-7 years Construction in process 18,446 11,089 Property, plant and equipment, gross 172,994 187,085 Accumulated depreciation and amortization (111,358) (131,637) Property, plant and equipment, net $ 61,636 $ 55,448 Property plant and equipment includes approximately $19.8 million and $16.5 million of assets under finance lease obligations, net of accumulated amortization of $23.3 million and $24.5 million at December 31, 2022 and 2021, respectively. Depreciation and amortization expense on all property plant and equipment was $17.5 million, $16.5 million and $20.2 million for the years ended December 31, 2022, 2021 and 2020, respectively. The Company recorded an impairment expense on its internal-use software of $1.8 million during the year ended December 31, 2022 and was included in depreciation and amortization expense. Amortization expense relates to assets under finance leases as included in depreciation and amortization expense.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Goodwill and Intangible Assets Goodwill The change in the carrying amount of goodwill during the year ended December 31, 2022 was the result of the sale of the Canada business. The changes in the carrying amount of goodwill for the years ended December 31, 2022 and 2021, were as follows (in thousands): Balance as of January 1, 2021 $ 837,077 Effect of Foreign Currency Translation 76 Balance as of December 31, 2021 837,153 Sale of Canada business (20,000) Effect of Foreign Currency Translation 349 Balance as of December 31, 2022 $ 817,502 Intangible assets, net The following table presents intangible asset balances as of December 31, 2022 and 2021 (in thousands): December 31, 2022 December 31, 2021 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Estimated Definite-lived intangible assets: Customer contracts $ 892,091 $ (892,091) $ — $ 969,376 $ (920,617) $ 48,759 10 years 2GIG 2.0 technology — — — 17,000 (17,000) — 8 years Other technology 2,917 (2,917) — 4,725 (4,725) — 2 - 7 years Space Monkey technology — — — 7,100 (7,100) — 6 years Patents 11,329 (9,171) 2,158 11,180 (8,076) 3,104 5 years Total definite-lived intangible assets: 906,337 (904,179) 2,158 1,009,381 (957,518) 51,863 Indefinite-lived intangible assets: Domain names 65 — 65 65 — 65 Total Indefinite-lived intangible assets 65 — 65 65 — 65 Total intangible assets, net $ 906,402 $ (904,179) $ 2,223 $ 1,009,446 $ (957,518) $ 51,928 During the years ended December 31, 2022 and 2021, the Company added $0.3 million and $0.4 million of intangible assets related to patents, respectively. Amortization expense related to intangible assets was approximately $47.8 million, $60.0 million and $69.5 million for the years ended December 31, 2022, 2021, and 2020, respectively. As of December 31, 2022, the remaining weighted-average amortization period for definite-lived intangible assets was 1.9 years. Estimated future amortization expense of intangible assets, excluding approximately $0.1 million in patents currently in process, is as follows as of December 31, 2022 (in thousands): 2023 $ 840 2024 640 2025 523 2026 5 2027 1 Thereafter — Total estimated amortization expense $ 2,009

Financial Instruments

Financial Instruments	12 Months Ended
	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Financial Instruments	Financial Instruments Cash and Cash Equivalents Cash equivalents are classified as level 1 assets, as they have readily available market prices in an active market. Cash equivalents include short-term investment funds which consisted of short-term money market instruments that were valued based on quoted prices in active markets. The Company's cash and cash equivalents totaled $283.9 million and $208.5 million as of December 31, 2022 and 2021, respectively. Corporate Securities During the three months ended September 30, 2021, the Company obtained corporate securities, which are classified as Level 2 assets. The fair value of these securities, included in Long-term notes receivables and other non-current assets, net, was $1.7 million and $2.4 million as of December 31, 2022 and 2021, respectively. The fair value of the Company’s Level 2 corporate securities are based on observable prices that are based on inputs not quoted in active markets, but corroborated by market data. Debt Components of the Company's debt including the associated interest rates and related fair values (in thousands, except interest rates) are as follows: Issuance December 31, 2022 December 31, 2021 Stated Interest Face Value Estimated Fair Value Face Value Estimated Fair Value 2027 Notes $ 600,000 $ 576,960 $ 600,000 $ 633,660 6.750 % 2029 Notes 800,000 659,680 800,000 795,680 5.750 % Term Loan 1,333,125 1,333,125 1,346,625 1,346,625 N/A Total $ 2,733,125 $ 2,569,765 $ 2,746,625 $ 2,775,965 The Notes are fixed-rate debt considered Level 2 fair value measurements as the values were determined using observable market inputs, such as current interest rates, prices observable from less active markets, as well as prices observable from comparable securities. The Term Loan is floating-rate debt and approximates the carrying value as interest accrues at floating rates based on market rates. Derivative Financial Instruments Consumer Financing Program Under the Consumer Financing Program, the Company pays a monthly fee to Financing Providers based on either the average daily outstanding balance of the Loans or the number of outstanding Loans. For certain Loans, the Company incurs fees at the time of the loan origination and receives proceeds that are net of these fees. The Company also shares the liability for credit losses, depending on the credit quality of the customer. Because of the nature of certain provisions under the Consumer Financing Program, the Company records a derivative liability that is not designated as a hedging instrument and is adjusted to fair value, measured using the present value of the estimated future payments. Changes to the fair value are recorded through other income • The Company pays either a monthly fee based on the average daily outstanding balance of the Loans, or the number of outstanding Loans, depending on the Financing Provider • The Company shares the liability for credit losses depending on the credit quality of the customer • The Company pays transactional fees associated with customer payment processing The derivative is classified as a Level 3 instrument. The derivative positions are valued using a discounted cash flow model, with inputs consisting of available market data, such as market yield discount rates, as well as unobservable internally derived assumptions, such as collateral prepayment rates, collateral default rates and loss severity rates. These derivatives are priced quarterly using a credit valuation adjustment methodology. In summary, the fair value represents an estimate of the present value of the cash flows the Company will be obligated to pay to the Financing Provider for each component of the derivative. The following table summarizes the fair value and the notional amount of the Company’s outstanding consumer financing program derivative instrument as of December 31, 2022 and 2021 (in thousands): December 31, 2022 2021 Consumer Financing Program Contractual Obligations: Fair value $ 125,798 $ 216,795 Notional amount 859,743 1,160,278 Classified on the consolidated balance sheets as: Accrued expenses and other current liabilities 90,008 140,394 Other long-term obligations 35,790 76,401 Total Consumer Financing Program Contractual Obligation $ 125,798 $ 216,795 Changes in Level 3 Fair Value Measurements - Consumer Financing Program The following table summarizes the change in the fair value of the Level 3 outstanding derivative instrument for the years ended December 31, 2022 and 2021 (in thousands): December 31, 2022 2021 Balance, beginning of period $ 216,795 $ 227,896 Additions 13,019 94,995 Settlements (106,193) (91,826) Losses (Gains) included in earnings 2,177 (14,270) Balance, end of period $ 125,798 $ 216,795 Warrant Liabilities As a result of the Business Combination, the Company assumed a derivative warrant liability related to previously issued private placement warrants and public warrants in connection with Mosaic’s initial public offering. The fair value of the Company’s public warrants were measured based on the market price of such warrants and are considered a Level 1 fair value measurement. As of December 31, 2022 and 2021, there were no outstanding public warrants. The private placement warrants are measured at each reporting period, with changes in fair value recognized in the statement of operations. The change in the fair value of the derivative warrant liabilities for the years ended December 31, 2022 and 2021 is summarized as follows (in thousands): Public Warrants Private Placement Warrants Total Derivative Warrant liability Balance, December 31, 2020 $ 8,063 $ 75,531 $ 83,594 Change in fair value of warrant liability 1,350 (50,967) (49,617) Write-off fair value of unexercised expired warrants (490) — (490) Reclassification of derivative liabilities for exercised warrants (8,923) — (8,923) Balance, December 31, 2021 — 24,564 24,564 Change in fair value of warrant liability — (21,332) (21,332) Balance, December 31, 2022 $ — $ 3,232 $ 3,232 The estimated fair value of the private placement warrant derivative liabilities is determined using Level 3 inputs. Generally, the Company utilizes a Black-Scholes valuation model to estimate the fair value of the warrants. Inherent in a Black-Scholes valuation model are assumptions related to expected stock-price volatility, expiration, risk-free interest rate and dividend yield. The Company estimates the volatility of its common stock based on historical volatility of select peer companies that matches the expected remaining life of the warrants. The risk-free interest rate is based on the U.S. Treasury zero-coupon yield curve on the grant date for a maturity similar to the expiration of the warrants. The dividend yield is based on the historical rate, which the Company anticipates remaining at zero. The following table provides quantitative information regarding Level 3 fair value measurements inputs as their measurement dates: As of December 31, 2022 As of December 31, 2021 Number of private placement warrants 5,933,334 5,933,334 Exercise price $ 11.50 $ 11.50 Stock price $ 11.90 $ 9.78 Expiration term (in years) N/A (1) 3.05 Volatility N/A (1) 70 % Risk-free Rate N/A (1) 0.98 % Dividend yield N/A (1) — %

Restructuring and Asset Impairm

Restructuring and Asset Impairment Charges	12 Months Ended
	Dec. 31, 2022
Restructuring and Related Activities [Abstract]
Restructuring and Asset Impairment Charges	Restructuring and Asset Impairment Charges Restructuring 2020 Cost Reductions In March 2020, the Company announced a number of cost reduction initiatives that are expected to reduce certain of the Company’s General and Administrative, Customer Service, and Sales Support fixed costs. The Company completed the majority of these cost reduction initiatives in the first quarter of 2020. In addition to its meaningful cost reductions, the Company’s initiatives have streamlined operations, engineering, and innovation, and provided a better focus on driving customer satisfaction. These actions resulted in one-time cash employee severance and termination benefits expenses of $20.9 million during the year ended December 31, 2020. These costs included $11.1 million in stock-based compensation expense associated with the accelerated vesting of stock-based awards to certain executives related to separation agreements.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company files a consolidated federal income tax return with its wholly owned U.S. subsidiaries. The income tax expense consisted of the following (in thousands): Year ended December 31, 2022 2021 2020 Current income tax: Federal $ — $ — $ — State 2,531 2,359 2,174 Foreign 1,230 3,641 764 Total 3,761 6,000 2,938 Deferred income tax: Federal — — — State 251 (263) (851) Foreign (1,662) (3,266) (1,004) Total (1,411) (3,529) (1,855) Income tax expense $ 2,350 $ 2,471 $ 1,083 The following reconciles the tax benefit computed at the statutory federal rate and the Company’s tax expense (in thousands): Year ended December 31, 2022 2021 2020 Computed expected tax benefit $ (10,370) $ (63,647) $ (126,472) State income taxes, net of federal tax effect 2,222 1,556 882 Foreign income taxes 20 221 (383) Other reconciling items 1,349 (1,235) (714) Sale of Vivint Canada, Inc. (5,279) — — Capital Loss Limitation (6,831) — — Permanent differences (2,520) (8,753) 36,423 Excess deductible compensation limitation 17,481 10,463 9,667 Change in valuation allowance 6,278 63,866 81,680 Income tax expense $ 2,350 $ 2,471 $ 1,083 The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and liabilities were as follows (in thousands): December 31, 2022 2021 Gross deferred tax assets: Net operating loss carryforwards $ 510,274 $ 546,693 Deferred subscriber income 349,187 326,759 Interest expense limitation 161,408 142,919 Accrued expenses and allowances 52,010 56,495 Capitalized Research and Experimental Expenses 13,917 — Lease liabilities 10,761 13,356 Purchased intangibles and deferred financing costs 8,690 9,687 Inventory reserves 2,083 1,859 Research and development credits 41 41 Deferred capitalized contract costs — 1,800 Property and equipment 1,672 1,888 Valuation allowance (737,374) (740,397) Total 372,669 361,100 Gross deferred tax liabilities: Deferred capitalized contract costs (364,406) (346,887) Right of use assets (9,153) (11,430) Purchased intangibles and deferred financing costs — (959) Property and equipment — (443) Total (373,559) (359,719) Net deferred tax assets (liabilities) $ (890) $ 1,381 The Company had gross operating loss carryforwards as follows (in thousands): December 31, 2022 2021 Net operating loss carryforwards: Federal $ 2,093,641 $ 2,229,000 States 1,827,793 2,036,000 Total $ 3,921,434 $ 4,265,000 U.S. federal net operating loss carryforwards will begin to expire in 2029, if not used. State net operating losses, depending on jurisdiction either expire over varying carryover periods, some of which have already begun to expire, and other states where the Company has net operating loss carryovers have an indefinite carryover provision. The Company had U.S. research and development credits of approximately $41,000 at December 31, 2022, and December 31, 2021, which begin to expire in 2030. Realization of the Company’s federal and state net operating loss carryforwards and tax credits is dependent on generating sufficient taxable income prior to their expiration. The Company performed a study to determine the amount of any limitation on its net operating losses and concluded that as of December 31, 2022 an ownership change had not occurred under the provisions of Internal Revenue Code Section 382, and as of that date the losses were not limited. The future use of the net operating loss carryforwards may have limitations resulting from future ownership changes or other factors under Section 382 of the Internal Revenue Code. At December 31, 2022 and 2021, the Company recorded a valuation allowance against its U.S. federal and state net deferred tax assets as it believes it is more likely than not that these benefits will not be realized. Significant judgment is required in determining the Company’s provision for income taxes, recording valuation allowances against net deferred tax assets and evaluating the Company’s uncertain tax positions. The Company has considered and weighed the available evidence, both positive and negative, to determine whether it is more likely than not that some portion, or all, of the deferred tax assets will not be realized. Based on available information, management does not believe it is more likely than not that all of its deferred tax assets will be utilized. The Company recorded a valuation allowance against U.S. net deferred tax assets of approximately $737.4 million and $740.4 million at December 31, 2022 and 2021, respectively. The Company is no longer subject to income tax examination by the U.S. federal, state or local tax authorities for years ended December 31, 2017 or prior; however, its tax attributes, such as NOL carryforwards and tax credits, are still subject to examination in the year they are used. As of December 31, 2022 and 2021, the Company has not recognized any uncertain tax positions.

Stock-Based Compensation and Eq

Stock-Based Compensation and Equity	12 Months Ended
	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
Stock-Based Compensation and Equity	Stock-Based Compensation and Equity The Vivint Smart Home, Inc. 2020 Omnibus Incentive Plan (the “Plan”) provides for the issuance of stock-based incentive awards to attract, motivate and retain qualified employees and non-employee directors, and to align their financial interests with those of company stockholders. In addition to the rollover awards converted as part of the Business Combination, the Company utilizes a combination of time-based and performance-based restricted stock units. Tracking Units The Company issued tracking units to certain executives to align their financial interests with those of company stockholders. The tracking units are recognized as expense over the employee's requisite service period. In 2022, the Company approved the acceleration of the unvested Tracking Units to immediately vest. As a result, 1,121,681 tracking units vested. As of December 31, 2022, no tracking units were unvested, and there was no unrecognized compensation expense. Rollover SARs Stock Appreciation Rights (“SARs”) were previously issued to various levels of key employees and board members. As of December 31, 2022, there was no unrecognized compensation expense related to Rollover SARs. A summary of the Rollover SARs activity for the years ended December 31, 2022 and 2021 is presented below: Rollover SARs Weighted Average Weighted Average Aggregate Outstanding, December 31, 2020 2,474,011 17.59 6.60 7.8 Forfeited (409,566) 18.50 Exercised (59,733) 9.32 Outstanding, December 31, 2021 2,004,712 17.65 5.62 — Forfeited (608,481) 18.47 Exercised (56,808) 7.36 Outstanding, December 31, 2022 1,339,423 17.71 4.67 — Exercisable at December 31, 2022 1,339,423 $ 17.71 4.67 — Rollover LTIPs The Company established four incentive compensation pools with a number of hypothetical SARs with awards to certain employees entitling them to a portion of the proceeds of such hypothetical SARs on certain distribution dates (the “Rollover LTIP Plans”). In February 2020, the board of directors approved the 2020 modification with respect to such shares, such that they would be distributed in January 2021, to the extent not then distributed. Each hypothetical Rollover SAR has a strike price of $7.22 per share. In the first quarter of 2021, the Company made the final distribution of shares of Class A common stock pursuant to the Rollover LTIP Plans resulting in the issuance of 1,609,627 shares of Class A common stock to holders of Rollover LTIP Awards. As a result of this distribution, the Company recorded compensation costs totaling $37.2 million, of which $32.7 million and $4.5 million was included in selling expenses and operating expenses, respectively. The fair value of the shares distributed pursuant to the Rollover LTIP Plans values were determined based on the stock price of the Company on the date shares were issued to holders of Rollover LTIP Awards, which was $23.08 per share for the January 2021 distribution. Earnouts During the year ended December 31, 2022, holders of Rollover Equity Awards became entitled to receive share of our Class A Common Stock as a result of the attainment of the First Earnout, Second Earnout and Third Earnout (see Note 6 Business Combination for further discussion). Such shares were issuable in respect to holders of Rollover Equity Awards, subject to the same vesting terms and conditions as the underlying Rollover Equity Awards. Associated with the Rollover LTIP distribution in 2021, 847,141 shares of related earnouts were issued, resulting in $19.6 million expense, of which $17.2 million and $2.4 million was included in selling expenses and operating expenses, respectively. At December 31, 2022, there was an immaterial amount of unrecognized compensation expense related to earnouts granted, which is expected to be recognized over a weighted-average period of 0.5 years. Restricted Stock Units During the year ended December 31, 2022, the Company approved grants under the Plan of time-vesting restricted stock units (the “RSUs”) awards (each representing the right to receive one share of Class A common stock of the Company upon the settlement of each restricted stock unit) to various levels of key employees. The RSUs granted to employees are generally subject to a four-year vesting schedule, and 25% of the units will vest on each of the first four anniversaries of the applicable vesting reference date. Additionally, RSUs were granted to non-employee board members which are subject to a one year vesting schedule. All vesting shall be subject to the recipient’s continued employment with Vivint Smart Home, Inc. or its subsidiaries through the applicable vesting dates. Compensation expense associated with the unvested restricted stock units is recognized on a straight-line basis over the vesting period. At December 31, 2022, there was approximately $77.4 million of unrecognized compensation expense related to restricted stock units, which is expected to be recognized over a weighted-average period of 2.3 years. The following summarizes information about RSU transactions for the year ended December 31, 2022: Units Weighted Average Grant-Date Fair Value per Unit Unvested at December 31, 2021 9,570,667 $ 16.12 Granted 5,359,600 6.56 Vested (2,913,544) 17.14 Forfeited (2,421,196) 15.98 Unvested at December 31, 2022 9,595,527 11.60 Performance Stock Units During the year ended December 31, 2022, the Company approved grants under the Plan of performance-vesting restricted stock units (the “PSUs”) (each representing the right to receive one share of Class A common stock of the Company upon the settlement of each restricted stock unit). The PSUs predominately vest based upon the Company’s achievement of specified performance goals through the performance period and the passage of time. The PSUs granted to employees are generally subject to a four-year vesting schedule, and 25% of the units will vest on each of the first four anniversaries of the applicable vesting reference date, subject to continued employment on the applicable vesting date. During the year ended December 31, 2022, the Company deemed the achievement of certain PSU vesting conditions as being probable, and thus began recognizing stock-based compensation over the service period. At December 31, 2022, there was approximately $51.2 million of unrecognized compensation expense related to PSUs, which is expected to be recognized over a weighted-average period of 2.3 years. The following summarizes information about PSU transactions for the year ended December 31, 2022: Units Weighted Average Grant-Date Fair Value per Unit Unvested at December 31, 2021 9,643,666 $ 17.23 Granted 4,793,506 7.31 Vested (4,022,778) 19.56 Forfeited (1,463,623) 14.15 Unvested at December 31, 2022 8,950,771 11.31 Stock-based compensation expense in connection with all stock-based awards for the years ended December 31, 2022, 2021 and 2020 is allocated as follows (in thousands): Year ended December 31, 2022 2021 2020 Operating expenses $ 7,892 $ 16,567 $ 20,157 Selling expenses 39,584 103,239 101,623 General and administrative expenses 31,258 46,622 76,433 Total stock-based compensation $ 78,734 $ 166,428 $ 198,213 Equity Class A Common Stock—The Company is authorized to issue 3,000,000,000 shares of Class A common stock with a par value of $0.0001 per share. Holders of the Company’s Class A common stock are entitled to one vote for each share on each matter on which they are entitled to vote. At December 31, 2022, there were 213,606,672 shares of Class A common stock issued and outstanding. On January 17, 2020, Mosaic Acquisition Corp. (“MOSC”), the predecessor to the Company, held a special meeting of stockholders (the “MOSC special meeting”) to approve certain matters relating to the business combination between MOSC and Legacy Vivint Smart Home, Inc. One of these matters was a proposal (the “Share Authorization Proposal”) to increase the total number of authorized shares of MOSC’s common stock, par value $0.0001 per share (the “common stock”), from 220,000,000 shares to 3,000,000,000 shares, which included an increase in the number of shares of the series of common stock designated as “Class A common stock” (the “Class A common stock”) from 200,000,000 shares to 3,000,000,000 shares and the elimination of the series of common stock designated as “Class F common stock” following the conversion thereof into Class A common stock at the completion of the business combination (the “Class F common stock”). The Share Authorization Proposal was approved by a majority of the shares of common stock voting together as a single class (95.6% of shares voted), including a majority of the shares of Class A common stock (94.3% of shares voted) and a majority of the shares of Class F common stock (100% of shares voted), that were outstanding as of the record date for the MOSC special meeting. After the MOSC special meeting, MOSC and Legacy Vivint Smart Home, Inc. closed the business combination, and MOSC changed its name to Vivint Smart Home, Inc. A recent ruling by the Delaware Court of Chancery (the “Court of Chancery”) introduces uncertainty as to whether the approval obtained by the Company (and other companies that similarly obtained stockholder approval of proposals akin to the Share Authorization Approval) to approve the Share Authorization Proposal was sufficient under Section 242(b)(2) of the Delaware General Corporation Law (the “DGCL”), which may have required the Share Authorization Proposal to be approved by separate votes of the majority of MOSC’s then-outstanding shares of Class A common stock and the majority of MOSC’s then-outstanding shares of Class F common stock. On February 9, 2023, the Company filed a petition in the Court of Chancery seeking validation of the Company’s Amended and Restated Certificate of Incorporation and the shares issued pursuant thereto to resolve any uncertainty with respect to those matters. The Court of Chancery will hold a final hearing to consider the merits of the petition filed by the Company on February 27, 2023. Based on advice from legal counsel, considering the Company’s facts and circumstances as well as recent rulings by the Court of Chancery with respect to similarly situated companies, the Company has concluded that the Class A common stock is appropriately classified as equity. Preferred stock—The Company is authorized to issue 300,000,000 preferred stock with a par value of $0.0001 per share. At December 31, 2022, there are no preferred stock issued or outstanding. Warrants—As of December 31, 2022, 5,933,334 private placement warrants were outstanding. Each whole private placement warrant entitled the holder to purchase one Class A common stock at an exercise price of $11.50 per share, subject to adjustment. Warrants can only be exercised for a whole number of shares. The private placement warrants will be non-redeemable so long as they are held by the initial purchasers or such purchasers’ permitted transferees. If the private placement warrants are held by someone other than the initial stockholders or their permitted transferees, the private placement warrants will be redeemable by the Company and exercisable by such holders on the same basis as the public warrants. The private placement warrants will expire five years after the completion of the Business Combination or earlier upon redemption or liquidation.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Indemnification Subject to certain limitations, the Company is obligated to indemnify its current and former directors, officers and employees with respect to certain litigation matters and investigations that arise in connection with their service to the Company. These obligations arise under the terms of its certificate of incorporation, its bylaws, applicable contracts, and Delaware and California law. The obligation to indemnify generally means that the Company is required to pay or reimburse these individuals’ reasonable legal expenses and possibly damages and other liabilities incurred in connection with these matters. Legal The Company is named from time to time as a party to lawsuits arising in the ordinary course of business related to its sales, marketing, and the provision of its services and equipment. Actions filed against the Company include commercial, intellectual property, customer, common-law negligence, and labor and employment related claims, including complaints of alleged wrongful termination and potential class action lawsuits regarding alleged violations of federal and state wage and hour and other laws and other types of lawsuits. Loss Contingencies The Company regularly reviews outstanding legal claims, actions, and enforcement matters to determine if accruals for expected negative outcomes of such matters are probable and can be reasonably estimated. On February 17, 2023, a jury in the U.S. District Court, Western District of North Carolina, Charlotte Division, issued a verdict against the Company, in favor of CPI Security Systems, Inc. (“CPI”) for $49.7 million of compensatory damages and an additional $140 million of punitive damages in a lawsuit filed by CPI in 2020 regarding alleged historical practices by certain Vivint sales personnel. Based on advice and analysis by legal counsel, the Company believes the verdict is not legally or factually supported and intends to pursue post-judgment remedies and file an appeal and will continue to examine all legal options available to it. The Company has determined that a range of loss with respect to this litigation is probable (as such term is defined in ASC 450-20-20) and has in the fourth quarter of 2022 accrued an estimated liability of $10.8 million. The accrual reflects the low end of the range of potential loss of $10.8 million up to the verdict amount. This estimated range is based on management’s best judgment after consultation with legal counsel. The Company had accruals for loss contingencies (inclusive of the matter discussed above) of approximately $22.3 million and $8.2 million as of December 31, 2022 and 2021, respectively. The Company evaluates its outstanding legal and regulatory proceedings and other matters each quarter to assess its loss contingency accruals, and makes adjustments in such accruals, upward or downward, as appropriate, based on facts and circumstances and consultation with counsel. The Company’s accruals for loss contingencies will be adjusted in the future based upon developments and in light of the uncertainties involved in such matters, the ultimate resolution of these matters could materially differ from the accruals that the Company has recorded. Regulatory Matters In addition, from time to time the Company is subject to examinations, investigations and/or enforcement actions by federal and state licensing and regulatory agencies and may face the risk of penalties for violation of financial services, consumer protections and other applicable laws and regulations. For example, in 2019, the Company received a subpoena in connection with an investigation by the U.S. Department of Justice (“DOJ”) concerning potential violations of the Financial Institutions Reform, Recovery and Enforcement Act (“FIRREA”). In January 2021, the Company entered into a settlement agreement with the DOJ that resolved this investigation. As part of this settlement, the Company paid $3.2 million to the United States. The Company also has received a civil investigative demand from the staff of the Federal Trade Commission (“FTC”) concerning potential violations of the Fair Credit Reporting Act (“FCRA”) and the “Red Flags Rule” thereunder, and the Federal Trade Commission Act (“FTC Act”). In April 2021, the Company entered into a settlement with the FTC that resolved this investigation. As part of this settlement, which was approved by a federal court on May 3, 2021, the Company paid a total of $20 million to the United States. and agreed to implement various additional compliance related measures. The Company is currently in the process of administering the terms of this settlement, which include multiple undertakings by the Company. The Company has been endeavoring to comply with these undertakings and the demands on management and costs incurred in connection with these undertakings may be substantial. The Company has been engaged in ongoing discussions with the staff of the FTC regarding the Company’s compliance with the terms of the settlement. In addition, in accordance with the settlement, the Company is required to undergo biennial assessments by an independent third-party assessor who will review the Company’s compliance programs and provide a report to the FTC staff on the Company’s ongoing compliance with the settlement (“Stipulated Order”). During the three months ended March 31, 2022, the Company completed its first biennial assessment required by the Stipulated Order and received a report with no findings of non-compliance by the assessor. Further, although Vivint is only required by the Order to conduct biennial assessments, Vivint has voluntarily and proactively elected to conduct quarterly audits utilizing the same appointed Assessor. These quarterly audits will each focus on roughly 25% of the Order's requirements. As of December 31, 2022 the Company has completed the first two quarterly audits, each of which resulted in reports with no findings of non-compliance by the Assessor. U.S. Customs and Border Protection is investigating the Company’s historical compliance with regulations relating to duties and tariffs in connection with its import of certain products from outside the U.S. The Company is cooperating with this investigation.The Company also receives inquiries, including civil investigative demands (“CIDs”), from various State Attorneys General, typically from their respective consumer protection or consumer affairs divisions. In general, litigation and enforcements by regulatory agencies can be expensive and disruptive to normal business operations. Moreover, the results of legal proceedings and enforcement actions are difficult to predict and the costs incurred can be substantial. The Company believes the amounts accrued in its financial statements to cover these matters are adequate in light of the probable and estimated liabilities. Factors that the Company considers in the determination of the likelihood of a loss and the estimate of the range of that loss in respect of legal and enforcement matters include the merits of a particular matter, the nature of the matter, the length of time the matter has been pending, the procedural posture of the matter, how the Company intends to defend the matter, the likelihood of settling the matter and the anticipated range of a possible settlement. Because such matters are subject to many uncertainties, the ultimate outcomes are not predictable and there can be no assurances that the actual amounts required to satisfy alleged liabilities from the matters described above will not exceed the amounts reflected in the Company’s financial statements or that the matters will not have a material adverse effect on the Company’s results of operations, financial condition or cash flows.

Leases

Leases	12 Months Ended
	Dec. 31, 2022
Leases [Abstract]
Leases	Leases The Company has operating leases for corporate offices, warehouse facilities, research and development and other operating facilities and other operating assets. The Company has finance leases for vehicles, office equipment and other warehouse equipment. The leases have remaining terms of 1 year to 6 years, some of which include options to extend the leases for up to 10 years, and some of which include options to terminate the leases within 1 year. The components of lease expense were as follows (in thousands): Year ended December 31, 2022 2021 Operating lease cost $ 15,008 $ 15,689 Finance lease cost: Amortization of right-of-use assets $ 2,337 $ 2,375 Interest on lease liabilities 581 264 Total finance lease cost $ 2,918 $ 2,639 Supplemental cash flow information related to leases was as follows (in thousands): Year ended December 31, 2022 2021 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ (16,299) $ (16,877) Operating cash flows from finance leases (581) (264) Financing cash flows from finance leases (3,692) (3,158) Right-of-use assets obtained in exchange for lease obligations: Operating leases $ 2,236 $ 4,490 Finance leases 8,575 1,808 Supplemental balance sheet information related to leases was as follows (in thousands, except lease term and discount rate): Year ended December 31, 2022 2021 Operating Leases Operating lease right-of-use assets $ 36,812 $ 46,000 Current operating lease liabilities $ 13,048 $ 12,033 Operating lease liabilities 30,232 41,713 Total operating lease liabilities $ 43,280 $ 53,746 Finance Leases Property, plant and equipment, gross $ 43,136 $ 40,939 Accumulated depreciation (23,345) (24,465) Property, plant and equipment, net $ 19,791 $ 16,474 Current finance lease liabilities $ 2,686 $ 2,854 Finance lease liabilities 5,216 1,416 Total finance lease liabilities $ 7,902 $ 4,270 Weighted Average Remaining Lease Term Operating leases 4 years 5 years Finance leases 2.9 years 2.7 years Weighted Average Discount Rate Operating leases 7 % 7 % Finance leases 5 % 4 % Maturities of lease liabilities were as follows (in thousands): Operating Leases Finance Leases Year Ending December 31, 2023 $ 16,083 $ 3,143 2024 15,025 2,802 2025 9,286 2,535 2026 5,073 165 2027 3,277 — Thereafter 1,232 — Total lease payments 49,976 8,645 Less imputed interest (6,696) (743) Total $ 43,280 $ 7,902
Leases	Leases The Company has operating leases for corporate offices, warehouse facilities, research and development and other operating facilities and other operating assets. The Company has finance leases for vehicles, office equipment and other warehouse equipment. The leases have remaining terms of 1 year to 6 years, some of which include options to extend the leases for up to 10 years, and some of which include options to terminate the leases within 1 year. The components of lease expense were as follows (in thousands): Year ended December 31, 2022 2021 Operating lease cost $ 15,008 $ 15,689 Finance lease cost: Amortization of right-of-use assets $ 2,337 $ 2,375 Interest on lease liabilities 581 264 Total finance lease cost $ 2,918 $ 2,639 Supplemental cash flow information related to leases was as follows (in thousands): Year ended December 31, 2022 2021 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ (16,299) $ (16,877) Operating cash flows from finance leases (581) (264) Financing cash flows from finance leases (3,692) (3,158) Right-of-use assets obtained in exchange for lease obligations: Operating leases $ 2,236 $ 4,490 Finance leases 8,575 1,808 Supplemental balance sheet information related to leases was as follows (in thousands, except lease term and discount rate): Year ended December 31, 2022 2021 Operating Leases Operating lease right-of-use assets $ 36,812 $ 46,000 Current operating lease liabilities $ 13,048 $ 12,033 Operating lease liabilities 30,232 41,713 Total operating lease liabilities $ 43,280 $ 53,746 Finance Leases Property, plant and equipment, gross $ 43,136 $ 40,939 Accumulated depreciation (23,345) (24,465) Property, plant and equipment, net $ 19,791 $ 16,474 Current finance lease liabilities $ 2,686 $ 2,854 Finance lease liabilities 5,216 1,416 Total finance lease liabilities $ 7,902 $ 4,270 Weighted Average Remaining Lease Term Operating leases 4 years 5 years Finance leases 2.9 years 2.7 years Weighted Average Discount Rate Operating leases 7 % 7 % Finance leases 5 % 4 % Maturities of lease liabilities were as follows (in thousands): Operating Leases Finance Leases Year Ending December 31, 2023 $ 16,083 $ 3,143 2024 15,025 2,802 2025 9,286 2,535 2026 5,073 165 2027 3,277 — Thereafter 1,232 — Total lease payments 49,976 8,645 Less imputed interest (6,696) (743) Total $ 43,280 $ 7,902

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2022
Related Party Transactions [Abstract]
Related Party Transactions	Related Party TransactionsThe Company incurred expenses during the years ended December 31, 2022, 2021 and 2020, of approximately $0.7 million, $0.9 million, $0.6 million, respectively, for related-party transactions including contributions to the charitable organization Vivint Gives Back, facility costs, and other services. These expenses were included in selling and general and administrative expenses in the accompanying consolidated statement of operations. Accrued expenses and other current liabilities included on the Company's balance sheets associated with these related-party transactions at December 31, 2022 and 2021 were $0.1 million. Transactions with Blackstone On November 16, 2012, the Company was acquired by an investor group comprised of certain investment funds affiliated with Blackstone Capital Partners VI L.P., and certain co-investors and management investors through certain mergers and related reorganization transactions (collectively, the “Reorganization”). In connection with the Reorganization, the Company engaged Blackstone Management Partners L.L.C. (“BMP”) to provide monitoring, advisory and consulting services on an ongoing basis. In consideration for these services, the Company agreed to pay an annual monitoring fee equal to the greater of (i) a minimum base fee of $2.7 million subject to adjustments if the Company engages in a business combination or disposition that is deemed significant and (ii) the amount of the monitoring fee paid in respect of the immediately preceding fiscal year, without regard to any post-fiscal year “true-up” adjustments as determined by the agreement. The Company incurred expenses for such services of approximately $5.7 million and $8.1 million during the years ended December 31, 2021 and 2020, respectively and was included in general and administrative expense in the accompanying consolidated statement of operations. Accounts payable and accrued expenses and other current liabilities at December 31, 2022 and 2021 included liabilities of $0.7 million to BMP related to the monitoring fee. Under the support and services agreement, the Company also engaged BMP to arrange for Blackstone’s portfolio operations group to provide support services customarily provided by Blackstone’s portfolio operations group to Blackstone’s private equity portfolio companies of a type and amount determined by such portfolio services group to be warranted and appropriate. BMP will invoice the Company for such services based on the time spent by the relevant personnel providing such services during the applicable period but in no event shall the Company be obligated to pay more than $1.5 million during any calendar year. During the years ended December 31, 2022, 2021 and 2020 the Company incurred no costs associated with such services. In connection with the execution of the Merger Agreement, the Company and the parties to the support and services agreement entered into an amended and restated support and services agreement with BMP. The amended and restated support and services agreement became effective upon the consummation of the Merger and amended and restated the existing support and services agreement to, upon the consummation of the merger, (a) eliminate the requirement to pay a milestone payment to BMP upon the occurrence of an IPO, (b) for any fiscal year beginning after 2021, (i) eliminate the Minimum Annual Fee and (ii) decrease the “true-up” of the annual Monitoring Fee payment to BMP to 1% of consolidated EBITDA and (c) beginning after 2021, the annual Monitoring Fee payment to BMP otherwise payable in connection with the agreement ceased and no other milestone payment or other similar payment is owed by the Company to BMP. Under the amended and restated support and services agreement, the Company and Legacy Vivint Smart Home have, through the Exit Date (or an earlier date determined by BMP), engaged BMP to arrange for Blackstone’s portfolio operations group to provide support services customarily provided by Blackstone’s portfolio operations group to Blackstone’s private equity portfolio companies of a type and amount determined by such portfolio services group to be warranted and appropriate. BMP may, at any time, choose not to provide any such services. Such services are provided without charge, other than for the reimbursement of out-of-pocket expenses as set forth in the amended and restated support and services agreement. From time to time, the Company does business with a number of other companies affiliated with Blackstone. Related Party Debt Affiliates of Blackstone participated as initial purchasers, arrangers, or creditors of the 2027 notes and term loan facility amendment and restatement in February 2020 and again in the 2029 notes and term loan facility amendment and restatement in July 2021 and received approximately $1.3 million and $3.0 million, respectively, of fees associated with these transactions. As of December 31, 2022, affiliates of Blackstone held $284.4 million in the Term Loan Facility. As of December 31, 2021, affiliates of Blackstone held $201.2 million and $18.5 million in the Term Loan Facility and 2029 Notes, respectively. In February 2020 and July 2021, an affiliate of Fortress participated as a lender in the amended and restated term loan facility and received approximately $0.9 million and $0.8 million in lender fees, respectively. As of December 31, 2022, Fortress held $11.7 million, $23.0 million, and $135.8 million in the 2027 Notes, 2029 Notes and Term Loan Facility, respectively. As of December 31, 2021, Fortress held $11.7 million and $119.7 million in the 2027 Notes and Term Loan Facility, respectively. Transactions involving related parties cannot be presumed to be carried out at an arm’s-length basis.

Segment Reporting and Business

Segment Reporting and Business Concentrations	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
Segment Reporting and Business Concentrations	Segment Reporting and Business Concentrations For the years ended December 31, 2022, 2021 and 2020, the Company conducted business through one operating segment, Vivint. The Company primarily operated in two geographic regions: United States and Canada. Revenues by geographic region were as follows (in thousands): United States Canada Total Revenue from external customers Year ended December 31, 2022 $ 1,659,617 $ 22,873 $ 1,682,490 Year ended December 31, 2021 $ 1,418,700 $ 60,688 $ 1,479,388 Year ended December 31, 2020 $ 1,186,218 $ 66,049 $ 1,252,267 Divestiture of Subsidiary On June 8, 2022, the Company completed the sale of its Canada business to TELUS. The sale was effected through TELUS’ purchase of the common shares of two wholly-owned subsidiaries of Vivint, Inc. for a transaction price of approximately $104.2 million. The Company received cash proceeds of $94.2 million and entered into an escrow agreement for approximately $10.0 million, included in long-term notes receivables and other assets, net on the unaudited condensed consolidated balance sheet, to be delivered 18 months from the date of the sale. In connection with the Canada Sale, the Company entered into a service agreement whereby the Company will provide certain transition services to TELUS, with an initial period of 24 months. As a result of the aforementioned sale, the Company will cease conducting operations in Canada, except for certain obligations pursuant to a transition services agreement entered into with TELUS. The Company’s financial position and results of operations include Vivint Canada, Inc. through June 8, 2022. The following table summarizes the net gain recognized in connection with this divestiture (in thousands): Sales price $ 104,236 Vivint Canada net assets (including cash of $2,548 and net intercompany balances) (23,639) Accumulated other comprehensive income (26,019) Vivint Inc. net intercompany balances (23,814) Other (5,713) Net gain on divestiture (Included in Other (income) loss, net) $ 25,051

Employee Benefit Plan

Employee Benefit Plan	12 Months Ended
	Dec. 31, 2022
Postemployment Benefits [Abstract]
Employee Benefit Plan	Employee Benefit Plan The Company offers eligible employees the opportunity to contribute a percentage of their earned income into company-sponsored 401(k) plans. From January 1, 2018 through May 2, 2020, participants in the 401(k) plans were eligible for the Company's matching program. This matching program was suspended, effective May 2, 2020 and reinstated, effective January 1, 2021. Additionally, at the end of 2020, the Company made a one-time contribution to the matching program. Under this reinstated program, the Company matches an employee’s contributions to the 401(k) savings plan dollar-for-dollar up to 3% of such employee’s eligible earnings and $0.50 for every $1.00 for the next 2% of such employee’s eligible earnings. The maximum match available under the 401(k) plan is 4% of the employee’s eligible earnings. All contributions under the reinstated program vest immediately.

Basic and Diluted Net Loss Per

Basic and Diluted Net Loss Per Share	12 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
Basic and Diluted Net Loss Per Share	Basic and Diluted Net Loss Per Share The Company computes basic loss per share by dividing loss attributable to common stockholders by the weighted-average number of common shares outstanding for the period. Diluted earnings per share reflects the potential dilution of securities that could be exercised or converted into common shares, and is computed by dividing net earnings available to common stockholders by the weighted-average number of common shares outstanding plus the effect of potentially dilutive shares to purchase common stock. The calculation of diluted loss per share requires that, to the extent the average market price of the underlying shares for the reporting period exceeds the exercise price of the warrants, and the presumed exercise of such securities are dilutive to net loss per share for the period, an adjustment to net loss available to common stockholders used in the calculation is required to remove the change in fair value of the warrants from the numerator for the period. Likewise, an adjustment to the denominator is required to reflect the related dilutive shares, if any, under the treasury stock method. As a result of the Business Combination, the Company has retrospectively adjusted the weighted average number of common shares outstanding prior to January 17, 2020 by multiplying them by the exchange ratio used to determine the number of common shares into which they converted. The following table sets forth the computation of the Company’s basic and diluted net loss attributable per share to common stockholders for the years ended December 31, 2022, 2021 and 2020: Year ended December 31, 2022 2021 2020 Numerator: Net loss attributable to common stockholders $ (51,734) $ (305,552) $ (603,331) Gain on change in fair value of warrants, diluted — (50,967) — Net loss attributable to common stockholders, diluted (in thousands) $ (51,734) $ (356,519) $ (603,331) Denominator: Shares used in computing net loss attributable per share to common stockholders, basic and diluted 212,501,938 208,265,631 179,071,278 Weighted-average effect of potentially dilutive shares to purchase common stock — 812,536 — Shares used in computing net loss attributable per share to common stockholders, diluted 212,501,938 209,078,167 179,071,278 Net loss attributable per share to common stockholders: Basic $ (0.24) $ (1.47) $ (3.37) Diluted $ (0.24) $ (1.71) $ (3.37) The following table discloses securities that could potentially dilute basic net loss per share in the future that were not included in the computation of diluted net loss per share because to do so would have been antidilutive for all periods presented: As of December 31, 2022 2021 2020 Rollover SARs 1,339,423 2,004,712 2,474,011 Rollover LTIPs — — 2,316,869 RSUs 9,595,527 9,570,667 8,692,347 PSUs 8,950,771 9,643,666 4,877,277 Public warrants — — 878,346 Private placement warrants 5,933,334 — 5,933,334 Earnout shares reserved for future issuance 21,507 24,060 1,260,281

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The Company has prepared the accompanying consolidated financial statements pursuant to generally accepted accounting principles in the United States (“GAAP”). Preparing financial statements requires the Company to make estimates and assumptions that affect the amounts that are reported in the consolidated financial statements and accompanying disclosures. Although these estimates are based on the Company’s best knowledge of current events and actions that the Company may undertake in the future, actual results may be different from the Company’s estimates. The results of operations presented herein are not necessarily indicative of the Company’s results for any future period. On January 17, 2020 (the “Closing Date”), the Company consummated the previously announced merger pursuant to that certain Agreement and Plan of Merger, dated September 15, 2019, by and among the Company, Merger Sub, and Legacy Vivint Smart Home, as amended by Amendment No. 1 to the Agreement and Plan of Merger, dated as of December 18, 2019, by and among the Company, Merger Sub and Legacy Vivint Smart Home. (See Note 6 “Business Combination” for further discussion). Pursuant to the terms of the Merger Agreement, a business combination between the Company and Legacy Vivint Smart Home was effected through the merger of Merger Sub with and into Legacy Vivint Smart Home, with Legacy Vivint Smart Home surviving as the surviving company (the “Business Combination”). Notwithstanding the legal form of the Business Combination pursuant to the Merger Agreement, the Business Combination is accounted for as a reverse recapitalization in accordance with GAAP. Under this method of accounting, Vivint Smart Home, Inc. is treated as the acquired company and Legacy Vivint Smart Home is treated as the acquirer for financial statement reporting and accounting purposes. As a result of Legacy Vivint Smart Home being the accounting acquirer, the financial reports filed with the SEC by the Company subsequent to the Business Combination are prepared “as if” Legacy Vivint Smart Home is the predecessor and legal successor to the Company. The historical operations of Legacy Vivint Smart Home are deemed to be those of the Company. Thus, the financial statements included in this Annual Report reflect (i) the historical operating results of Legacy Vivint Smart Home prior to the Business Combination; (ii) the combined results of the Company and Legacy Vivint Smart Home following the Business Combination on January 17, 2020; (iii) the assets and liabilities of Legacy Vivint Smart Home at their historical cost; and (iv) the Company’s equity structure for all periods presented. The recapitalization of the number of shares of common stock attributable to the purchase of Legacy Vivint Smart Home in connection with the Business Combination is reflected retroactively to the earliest period presented and will be utilized for calculating earnings per share in all prior periods presented. No step-up basis of intangible assets or goodwill was recorded in the Business Combination transaction consistent with the treatment of the transaction as a reverse recapitalization of Legacy Vivint Smart Home. In connection with the Business Combination, Mosaic Acquisition Corp. changed its name to Vivint Smart Home, Inc. The Company’s Common Stock is now listed on the NYSE under the symbol “VVNT”. Prior to the Business Combination, the Company neither engaged in any operations nor generated any revenue. Until the Business Combination, based on the Company’s business activities, it was a “shell company” as defined under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).
Vivint Flex Pay	Vivint Flex Pay The Vivint Flex Pay plan (“Vivint Flex Pay”) became the Company’s primary equipment financing model beginning in March 2017. Under Vivint Flex Pay, customers pay separately for the products (including control panel, security peripheral equipment, smart home equipment, and related installation) (“Products”) and Vivint’s smart home and security services (“Services”). The customer has the following three ways to pay for the Products: (1) qualified customers may finance the purchase of Products through third-party financing providers (“Consumer Financing Program” or “CFP”) (2) the Company generally offers a limited number of customers not eligible for the Consumer Financing Program, but who qualify under the Company’s underwriting criteria, the option to enter into a retail installment contract (“RIC”) directly with Vivint, or (3) customers may purchase the Products at the outset of the service contract by check, automatic clearing house payments (“ACH”), credit or debit card or by obtaining short-term financing (generally no more than six-month installment terms) through the Company. Although customers pay separately for Products and Services under Vivint Flex Pay, the Company has determined that the sale of Products and Services are one single performance obligation. As a result, all forms of transactions under Vivint Flex Pay create deferred revenue for the gross amount of Products sold. For RICs, gross deferred revenues are reduced by imputed interest and estimated write-offs. For Products financed through the CFP, gross deferred revenues are reduced by (i) any fees the third-party financing provider (“Financing Provider”) is contractually entitled to receive at the time of loan origination, and (ii) the present value of expected future payments due to the Financing Providers. Under the CFP, qualified customers are eligible for financing offerings (“Loans”) originated by Financing Providers of between $150 and $6,000. The terms of most Loans are determined based on the customer’s credit quality. The annual percentage rates on these loans is either 0% or 9.99%, depending on the customer's credit quality, and the Loans are issued on either an installment or revolving basis with repayment terms ranging from with a 6- to 60-months. For certain Financing Provider Loans: • The Company pays a monthly fee based on either the average daily outstanding balance of the installment loans, or the number of outstanding Loans. • The Company incurs fees at the time of the Loan origination and receives proceeds that are net of these fees. • The Company also shares liability for credit losses, with the Company being responsible for between 2.6% and 100% of lost principal balances. • The Company is responsible for reimbursing certain Financing Providers for merchant transaction fees and other fees associated with the Loans. Because of the nature of these provisions, the Company records a derivative liability at its fair value when the Financing Provider originates Loans to customers, which reduces the amount of estimated revenue recognized on the provision of the services. The derivative liability is reduced as payments are made by the Company to the Financing Provider. Subsequent changes to the fair value of the derivative liability are realized through other expenses (income), net in the Consolidated Statement of Operations. (See Note 10).
Retail Installment Contract Receivables	Retail Installment Contract Receivables For subscribers that enter into a RIC to finance the purchase of Products, the Company records a receivable for the amount financed. Gross RIC receivables are reduced for (i) expected write-offs of uncollectible balances over the term of the RIC and (ii) a present value discount of the expected cash flows using a risk adjusted market interest rate. Therefore, the RIC receivables equal the present value of the expected cash flows to be received by the Company over the term of the RIC, evaluated on a pool basis. RICs are pooled based on customer credit quality, contract length and geography. At the time of installation, the Company records a long-term note receivable within long-term notes receivables and other assets, net on the consolidated balance sheets for the present value of the receivables that are expected to be collected beyond 12 months of the reporting date. The unbilled receivable amounts that are expected to be collected within 12 months of the reporting date are included as a short-term notes receivable within accounts and notes receivable, net on the consolidated balance sheets. The billed amounts of notes receivables are included in accounts receivable within accounts and notes receivable, net on the consolidated balance sheets. The Company imputes the interest on the RIC receivable using a risk adjusted market interest rate and records it as a reduction to deferred revenue and as an adjustment to the face amount of the related receivable. The risk adjusted interest rate considers a number of factors, including credit quality of the subscriber base and other qualitative considerations such as macro-economic factors. The imputed interest income is recognized over the term of the RIC contract as recurring and other revenue on the consolidated statements of operations. When the Company determines that there are RIC receivables that have become uncollectible, it records an adjustment to the allowance and reduces the related note receivable balance. On a regular basis, the Company also assesses the expected remaining cash flows based on historical RIC write-off trends, current market conditions and both Company and third-party forecast data. If the Company determines there is a change in expected remaining cash flows, the total amount of this change for
Revenue Recognition	Revenue Recognition The Company offers its customers smart home services combining Products, including a proprietary control panel, door and window sensors, door locks, security cameras and smoke alarms; installation; and a proprietary back-end cloud platform software and Services. These together create an integrated system that allows the Company’s customers to monitor, control and protect their home (“Smart Home Services”). The Company’s customers are buying this integrated system that provides them with these Smart Home Services. The number and type of Products purchased by a customer depends on their desired functionality. Because the Products and Services included in the customer’s contract are integrated and highly interdependent, and because they must work together to deliver the Smart Home Services, the Company has concluded that installed Products, related installation and Services contracted for by the customer are generally not distinct within the context of the contract and, therefore, constitute a single, combined performance obligation. Revenues for this single, combined performance obligation are recognized on a straight-line basis over the customer’s contract term, which is the period in which the parties to the contract have enforceable rights and obligations. The Company has determined that certain contracts that do not require a long-term commitment for monitoring services by the customer contain a material right to renew the contract, because the customer does not have to purchase Products upon renewal. Proceeds allocated to the material right are recognized over the period of benefit, which is generally three years. The majority of the Company’s subscription contracts are between three Sales of Products and other one-time fees such as service or installation fees are invoiced to the customer at the time of sale. Revenues for any Products or Services that are considered separate performance obligations are recognized when those Products or Services are delivered. Taxes collected from customers and remitted to governmental authorities are not included in revenue. Payments received or amounts billed in advance of revenue recognition are reported as deferred revenue. Beginning in late 2020, the Company began operating as a third-party dealer for residential solar installers in several states throughout the U.S, whereby the Company earns a commission from the installer for selling their solar services. Because there are no further performance obligations once the installation is complete, revenue is recognized at that time. To date, revenues from the Smart Insurance business have been immaterial to our overall financial results. Deferred Revenue The Company's deferred revenues primarily consist of amounts for sales (including upfront proceeds) of Smart Home Services. Deferred revenues are recognized over the term of the related performance obligation, which is generally three
Accounts Receivable	Accounts Receivable Accounts receivable consists primarily of amounts due from subscribers for recurring monthly monitoring Services, amounts due from Financing Providers and the billed portion of RIC receivables. The accounts receivable are recorded at invoiced amounts and are non-interest bearing and are included within accounts and notes receivable, net on the consolidated balance sheets. Accounts receivable totaled $34.8 million and $26.4 million at December 31, 2022 and 2021, respectively net of the allowance for doubtful accounts of $16.4 million and $13.3 million at December 31, 2022 and 2021, respectively. The Company estimates this allowance based on historical collection experience, subscriber attrition rates, current market conditions and both Company and third-party forecast data. When the Company determines that there are accounts receivable that are uncollectible, they are charged off against the allowance for doubtful accounts. The provision for doubtful accounts is included in general and administrative expenses in the accompanying consolidated statements of operations.
Restructuring and Asset Impairment Charges	Restructuring and Asset Impairment ChargesRestructuring and asset impairment charges represent expenses incurred in relation to activities to exit or dispose of portions of the Company's business that do not qualify as discontinued operations. Liabilities associated with restructuring are measured at their fair value when the liability is incurred. Expenses for related termination benefits are recognized at the date the Company notifies the employee, unless the employee must provide future service, in which case the benefits are expensed ratably over the future service period. Liabilities related to termination of a contract are measured and recognized at fair value when the contract does not have any future economic benefit to the entity and the fair value of the liability is determined based on the present value of the remaining obligation. The Company expenses all other costs related to an exit or disposal activity as incurred
Principles of Consolidation	Principles of Consolidation The accompanying consolidated financial statements include the accounts of Vivint Smart Home, Inc. and its subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation.
Capitalized Contract Costs	Capitalized Contract Costs Capitalized contract costs represent the costs directly related and incremental to the origination of new contracts, modification of existing contracts or to the fulfillment of the related subscriber contracts. These include commissions, other compensation and related costs incurred directly for the origination and installation of new or upgraded customer contracts, as well as the cost of Products installed in the customer home at the commencement or modification of the contract. The Company calculates amortization by accumulating all deferred contract costs into separate portfolios based on the initial month of service and amortizes those deferred contract costs on a straight-line basis over the expected period of benefit that the Company has determined to be five years, consistent with the pattern in which the Company provides services to its customers. The Company believes this pattern of amortization appropriately reduces the carrying value of the capitalized contract costs over time to reflect the decline in the value of the assets as the remaining period of benefit for each monthly portfolio of contracts decreases. The period of benefit of five years is longer than a typical contract term because of anticipated contract renewals. The Company applies this period of benefit to its entire portfolio of contracts. The Company updates its estimate of the period of benefit periodically and whenever events or circumstances indicate that the period of benefit could change significantly. Such changes, if any, are accounted for prospectively as a change in estimate. Amortization of capitalized contract costs is included in “Depreciation and Amortization” on the consolidated statements of operations. The carrying amount of the capitalized contract costs is periodically reviewed for impairment. In performing this review, the Company considers whether the carrying amount of the capitalized contract costs will be recovered. In estimating the amount of consideration the Company expects to receive in the future related to capitalized contract costs, the Company considers factors such as attrition rates, economic factors, and industry developments, among other factors. If it is determined that capitalized contract costs are impaired, an impairment loss is recognized for the amount by which the carrying amount of the capitalized contract costs and the anticipated costs that relate directly to providing the future services exceed the consideration that has been received and that is expected to be received in the future. During the years ended December 31, 2022 and 2021, no impairment losses were recorded. Contract costs not directly related and incremental to the origination of new contracts, modification of existing contracts or to the fulfillment of the related subscriber contracts are expensed as incurred. These costs include those associated with housing, marketing and recruiting, non-direct lead generation costs, certain portions of sales commissions and residuals, overhead and other costs considered not directly and specifically tied to the origination of a particular subscriber.
Inventories	Inventories Inventories, which are comprised of smart home and security system equipment and parts are stated at the lower of cost or net realizable value with cost determined under the first-in, first-out (FIFO) method. Inventories sold to customers as part of a smart home and security system are generally capitalized as contract costs. The Company adjusts the inventory balance based on anticipated obsolescence, usage and historical write-offs.
Deferred Financing Costs	Deferred Financing Costs
Residual Income Plans	Residual Income Plans The Company has a program that allows certain third-party sales channel partners to receive additional compensation based on the performance of the underlying contracts they create (the “Channel Partner Plan”). The Company also had a residual sales compensation plan (the “Residual Plan”) during 2018 and 2019 under which the Company's sales personnel (each, a “Plan Participant”) receive compensation based on the performance of certain underlying contracts they created in prior years.
Stock-Based Compensation	Stock-Based Compensation
Advertising Expense	Advertising Expense
Research and Development	Research and DevelopmentResearch and development costs consist primarily of employee compensation and related expenses, product development expenses, third-party development support costs, facility costs as well as allocated overhead costs and are included in general and administrative expense.
Income Taxes	Income Taxes The Company accounts for income taxes based on the asset and liability method. Under the asset and liability method, deferred tax assets and deferred tax liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Valuation allowances are established when necessary to reduce deferred tax assets when it is determined that it is more likely than not that some portion, or all, of the deferred tax asset will not be realized. The Company recognizes the effect of an uncertain income tax position on the income tax return at the largest amount that is more likely than not to be sustained upon audit by the relevant taxing authority. An uncertain income tax position will not be recognized if it has less than a 50% likelihood of being sustained. The Company’s policy for recording interest and penalties is to record such items as a component of the provision for income taxes.
Concentrations of Credit Risk	Concentrations of Credit Risk Financial instruments that potentially subject the Company to concentration of credit risk consist principally of receivables and cash. At times during the year, the Company maintains cash balances in excess of insured limits. The Company is not dependent on any single customer or geographic location. The loss of a customer would not adversely impact the Company’s operating results or financial position.
Concentrations of Supply Risk	Concentrations of Supply Risk As of December 31, 2022, approximately 97% of the Company’s installed panels were the Company's proprietary SkyControl or Smart Hub panels and 3% were 2GIG Go!Control panels. The loss of the Company’s SkyControl panel supplier could potentially impact its operating results or financial position.
Fair Value Measurement	Fair Value Measurement Fair value is based on the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Assets and liabilities subject to on-going fair value measurement are categorized and disclosed into one of three categories depending on observable or unobservable inputs employed in the measurement. These two types of inputs have created the following fair value hierarchy: Level 1: Quoted prices in active markets that are accessible at the measurement date for assets and liabilities. Level 2: Observable prices that are based on inputs not quoted in active markets, but corroborated by market data. Level 3: Unobservable inputs are used when little or no market data is available. This hierarchy requires the Company to minimize the use of unobservable inputs and to use observable market data, if available, when determining fair value. The Company recognizes transfers between levels of the hierarchy based on the fair values of the respective financial measurements at the end of the reporting period in which the transfer occurred. There were no transfers between levels of the fair value hierarchy during the years ended December 31, 2022, 2021, and 2020.
Goodwill	GoodwillThe Company tests goodwill at the reporting unit level for impairment annually as of October 1 and on an interim basis when events occur or circumstances exist that indicate the carrying value may no longer be recoverable. The company compares the fair value of our reporting units with the carrying amount, including goodwill. The Company recognizes an impairment charge for the amount by which the reporting unit’s carrying amount exceeds its fair value. The Company’s reporting units are determined based on its current reporting structure, which as of December 31, 2022 consisted of one reporting unit. As of December 31, 2022, there were no changes in facts and circumstances since the most recent annual impairment analysis to indicate impairment existed.
Foreign Currency Translation and Other Comprehensive Income	Foreign Currency Translation and Other Comprehensive Income On June 8, 2022, the Company completed the sale of its Canada business to TELUS Communications Inc. (“TELUS”) (“Canada Sale”). Prior to the sale, the functional currency of Vivint Canada, Inc. was the Canadian dollar. Accordingly, Vivint Canada, Inc. assets and liabilities were translated from their respective functional currencies into U.S. dollars at period-end rates and Vivint Canada, Inc. revenue and expenses were translated at the weighted-average exchange rates for the period. Adjustments resulting from this translation process are classified as other comprehensive income or loss and shown as a separate component of equity. When intercompany foreign currency transactions between entities included in the consolidated financial statements are of a long term investment nature (i.e., those for which settlement is not planned or anticipated in the foreseeable future) foreign currency translation adjustments resulting from those transactions are included in stockholders’ (deficit) equity as accumulated other comprehensive loss or income. When intercompany transactions are deemed to be of a short-term nature, translation adjustments are required to be included in the consolidated statement of operations. The Company had determined that settlement of Vivint Canada, Inc. intercompany balances were anticipated and therefore such balances were deemed to be of a short-term nature. Translation activity included in the statement of operations in other (income) expenses, net related to intercompany balances was as follows: (in thousands) For the Years Ended December 31, 2022 December 31, 2021 December 31, 2020 Translation gain $ (1,837) $ (423) $ (602)
Derivative Warrant Liabilities	Derivative Warrant Liabilities The Company does not use derivative instruments to hedge exposures to cash flow, market, or foreign currency risks. The Company evaluates all of its financial instruments, including issued stock purchase warrants, to determine if such instruments are derivatives or contain features that qualify as embedded derivatives, pursuant to ASC 480 and ASC 815-15. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is assessed as part of this evaluation.
Accounting Pronouncements Issued But Not Yet Adopted	Accounting Pronouncements Issued But Not Yet Adopted In March 2020 and January 2021 and December 2022, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update “ASU”) No. 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting and ASU No. 2021-01, Reference Rate Reform (Topic 848): Scope and ASU No. 2022-06, Reference Rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848 , respectively. Together, the ASUs provide temporary optional guidance to ease the potential burden in accounting for reference rate reform. The new guidance provides optional expedients and exceptions for applying generally accepted accounting principles to transactions affected by reference rate reform if certain criteria are met. These transactions include contract modifications, hedging relationships, and

Significant Accounting Polici_3

Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Schedule of Changes in Company's Allowance for Accounts Receivable	The changes in the Company’s allowance for doubtful accounts were as follows for the periods ended (in thousands): Year ended December 31, 2022 2021 2020 Beginning balance $ 13,271 $ 9,911 $ 8,118 Provision for doubtful accounts 40,476 31,341 23,778 Write-offs and adjustments (37,325) (27,981) (21,985) Balance at end of period $ 16,422 $ 13,271 $ 9,911
Schedule Of Depreciation And Amortization Expense	The Company’s depreciation and amortization included in the consolidated statements of operations consisted of the following (in thousands): Year ended December 31, 2022 2021 2020 Amortization of capitalized contract costs $ 556,550 $ 524,981 $ 481,213 Amortization of definite-lived intangibles 47,813 60,004 69,465 Depreciation and amortization of property, plant and equipment 17,459 16,467 20,153 Total depreciation and amortization $ 621,822 $ 601,452 $ 570,831
Schedule of Intercompany Foreign Currency Balances	Translation activity included in the statement of operations in other (income) expenses, net related to intercompany balances was as follows: (in thousands) For the Years Ended December 31, 2022 December 31, 2021 December 31, 2020 Translation gain $ (1,837) $ (423) $ (602)

Retail Installment Contract R_2

Retail Installment Contract Receivables (Tables)	12 Months Ended
	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Schedule of Changes in Company's Allowance for Accounts Receivable	The changes in the Company’s allowance for doubtful accounts were as follows for the periods ended (in thousands): Year ended December 31, 2022 2021 2020 Beginning balance $ 13,271 $ 9,911 $ 8,118 Provision for doubtful accounts 40,476 31,341 23,778 Write-offs and adjustments (37,325) (27,981) (21,985) Balance at end of period $ 16,422 $ 13,271 $ 9,911
Retail Installment Contracts
Accounts, Notes, Loans and Financing Receivable [Line Items]
Schedule of Changes in Company's Allowance for Accounts Receivable	The following table summarizes the RIC receivables (in thousands): For the Years Ended December 31, 2022 December 31, 2021 RIC receivables, gross $ 44,909 $ 90,204 RIC allowance (6,685) (12,384) Imputed interest (3,152) (7,469) RIC receivables, net $ 35,072 $ 70,351 Classified on the consolidated balance sheets as: Accounts and notes receivable, net $ 20,887 $ 37,270 Long-term notes receivables and other assets, net 14,185 33,081 RIC receivables, net $ 35,072 $ 70,351
Schedule of Allowance for Credit Losses on Financing Receivables	The changes in the Company’s RIC allowance were as follows (in thousands): For the Years Ended December 31, 2022 December 31, 2021 RIC allowance, beginning of period $ 12,384 $ 27,061 Write-offs (7,573) (13,714) Recoveries 2,252 3,446 Additions from RICs originated during the period 2,676 6,795 Change in expected credit losses (1,522) (10,995) Other adjustments (1) (1,532) (209) RIC allowance, end of period $ 6,685 $ 12,384 (1) Other adjustments primarily reflect changes in foreign currency exchange rates related to Canadian RICs and adjustments related to sale of the Canadian business.

Long-Term Debt (Tables)

Long-Term Debt (Tables)	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
Summary of Debt	The Company’s debt at December 31, 2022 and 2021 consisted of the following (in thousands): December 31, 2022 Outstanding Unamortized Deferred Financing Costs (1) Net Carrying Long-Term Debt: 6.750% Senior Secured Notes Due 2027 $ 600,000 $ (3,899) $ 596,101 5.750% Senior Notes Due 2029 800,000 (9,683) 790,317 Senior Secured Term Loan - noncurrent 1,319,625 (15,513) 1,304,112 Total Long-Term Debt 2,719,625 (29,095) 2,690,530 Senior Secured Term Loan - current 13,500 — 13,500 Total Debt $ 2,733,125 $ (29,095) $ 2,704,030 December 31, 2021 Outstanding Unamortized Deferred Financing Costs (1) Net Carrying Long-Term Debt: 8.500% Senior Secured Notes Due 2024 $ 600,000 $ (4,835) $ 595,165 6.750% Senior Secured Notes Due 2027 800,000 (11,154) 788,846 Senior Secured Term Loan - noncurrent 1,333,125 (18,291) 1,314,834 Total Long-Term Debt 2,733,125 (34,280) 2,698,845 Senior Secured Term Loan - current 13,500 — 13,500 Total Debt $ 2,746,625 $ (34,280) $ 2,712,345 (1) Unamortized deferred financing costs related to the revolving credit facilities included in deferred financing costs, net on the consolidated balance sheets at December 31, 2022 and 2021 was $1.6 million and $2.1 million, respectively.
Schedule Of Other Expense And Loss On Extinguishment And Deferred Financing Costs	As a result of these analyses, the following amounts of other expense and loss on extinguishment and deferred financing costs were recorded (in thousands): Other expense and loss on extinguishment Deferred financing costs Issuance Original premium extinguished Previously deferred financing costs extinguished New financing costs Total other expense and loss on extinguishment Previously deferred financing rolled over New deferred financing costs Total deferred financing costs For the year ended December 31, 2021 2029 Notes issuance - July 2021 $ (5,656) $ 8,016 $ 17,187 $ 19,547 $ — $ 11,767 $ 11,767 Term Loan issuance - July 2021 — 1,499 9,165 10,664 8,148 11,302 19,450 Total $ (5,656) $ 9,515 $ 26,352 $ 30,211 $ 8,148 $ 23,069 $ 31,217 For the year ended December 31, 2020 2027 Notes issuance - February 2020 $ (2,749) $ 4,033 $ 6,146 $ 7,430 $ 205 $ 6,346 $ 6,551 Term Loan issuance - February 2020 — 235 5,045 5,280 6,973 5,461 12,434 Total $ (2,749) $ 4,268 $ 11,191 $ 12,710 $ 7,178 $ 11,807 $ 18,985
Schedule of Deferred Finance Activity	The following tables present deferred financing activity for the years ended December 31, 2022 and 2021 (in thousands): Unamortized Deferred Financing Costs Balance December 31, 2021 Additions Early Extinguishment Amortized Balance December 31, 2022 Revolving Credit Facility $ 2,088 $ — $ — $ (456) $ 1,632 2027 Notes 4,835 — — (936) 3,899 2029 Notes 11,153 — — (1,471) 9,682 Term Loan 18,290 — — (2,777) 15,513 Total Deferred Financing Costs $ 36,366 $ — $ — $ (5,640) $ 30,726 Unamortized Deferred Financing Costs Balance December 31, 2020 Additions Early Extinguishment Amortized Balance December 31, 2021 Revolving Credit Facility $ 1,667 $ 843 $ — $ (422) $ 2,088 2022 Notes 4,697 — (3,314) (1,383) — 2023 Notes 2,241 — (1,681) (560) — 2024 Notes 3,530 — (3,021) (509) — 2027 Notes 5,771 — — (936) 4,835 2029 Notes — 11,767 — (614) 11,153 Term Loan 10,921 11,302 (1,499) (2,434) 18,290 Total Deferred Financing Costs $ 28,827 $ 23,912 $ (9,515) $ (6,858) $ 36,366

Business Combination (Tables)

Business Combination (Tables)	12 Months Ended
	Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]
Schedule of Information Related to Business Combination	The following table reconciles the elements of the Business Combination to the consolidated statement of cash flows and the consolidated statement of changes in equity for the year ended December 31, 2020: Recapitalization (in thousands) Cash - Mosaic (net of redemptions) $ 35,344 Cash - Subscribers and Forward Purchasers 453,221 Less fees to underwriters and other transaction costs (25,043) Net cash received from recapitalization 463,522 Less: Warrant derivative liabilities assumed (40,094) Less: non-cash net liabilities assumed from Mosaic (5) Less: deferred and accrued transaction costs (1,304) Net contributions from recapitalization $ 422,119 The number of shares of Common Stock of Vivint Smart Home Inc. issued immediately following the consummation of the Business Combination is summarized as follows: Number of Shares Common Stock outstanding prior to Business Combination 34,500,000 Less redemption of Mosaic Shares (31,074,592) Common Stock of Mosaic 3,425,408 Shares issued from Fortress PIPE 12,500,000 Shares from Blackstone PIPE 10,000,000 Shares from Additional Forward Purchaser Subscription Agreement 5,000,000 Shares from IPO Forward Purchaser Investment 15,789,474 Shares from Fortress Subscription and Backstop Agreement 2,698,753 Shares from Mosaic Founder Shares 10,379,386 Recapitalization shares 59,793,021 Legacy Vivint Smart Home equity holders 94,937,597 Total shares 154,730,618

Balance Sheet Components (Table

Balance Sheet Components (Tables)	12 Months Ended
	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Balance Sheet Component Balances	The following table presents material balance sheet component balances as of December 31, 2022 and December 31, 2021 (in thousands): December 31, 2022 2021 Prepaid expenses and other current assets Prepaid expenses $ 16,012 $ 12,791 Deposits 987 627 Other 12,908 5,967 Total prepaid expenses and other current assets $ 29,907 $ 19,385 Capitalized contract costs Capitalized contract costs $ 4,562,735 $ 4,103,683 Accumulated amortization (3,076,823) (2,698,241) Capitalized contract costs, net $ 1,485,912 $ 1,405,442 Long-term notes receivables and other assets RIC receivables, gross $ 24,022 $ 52,934 RIC allowance (6,685) (12,384) RIC imputed interest (3,152) (7,469) Deferred income tax assets — 2,022 Other 10,646 9,650 Total long-term notes receivables and other assets, net $ 24,831 $ 44,753 Accrued payroll and commissions Accrued commissions $ 43,163 $ 47,879 Accrued payroll 39,486 35,468 Total accrued payroll and commissions $ 82,649 $ 83,347 Accrued expenses and other current liabilities Accrued interest payable $ 55,155 $ 40,333 Current portion of derivative liability 90,008 140,394 Service warranty accrual 6,750 5,992 Accrued taxes 9,043 10,758 Accrued payroll taxes and withholdings 5,863 14,392 Loss contingencies 22,300 8,150 Other 10,727 16,231 Total accrued expenses and other current liabilities $ 199,846 $ 236,250

Property Plant and Equipment (T

Property Plant and Equipment (Tables)	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Summary of Components of Property and Equipment	Property, plant and equipment is recorded at historical cost less accumulated depreciation, which is calculated using the straight-line method over the estimated useful lives of the related assets, as follows (in thousands): December 31, Estimated 2022 2021 Vehicles $ 42,294 $ 40,103 3-5 years Computer equipment and software 74,459 83,479 3-5 years Leasehold improvements 25,041 30,087 2-15 years Office furniture, fixtures and equipment 12,754 22,327 2-7 years Construction in process 18,446 11,089 Property, plant and equipment, gross 172,994 187,085 Accumulated depreciation and amortization (111,358) (131,637) Property, plant and equipment, net $ 61,636 $ 55,448

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Changes in Carrying Amount of Goodwill	The change in the carrying amount of goodwill during the year ended December 31, 2022 was the result of the sale of the Canada business. The changes in the carrying amount of goodwill for the years ended December 31, 2022 and 2021, were as follows (in thousands): Balance as of January 1, 2021 $ 837,077 Effect of Foreign Currency Translation 76 Balance as of December 31, 2021 837,153 Sale of Canada business (20,000) Effect of Foreign Currency Translation 349 Balance as of December 31, 2022 $ 817,502
Schedule of Intangible Asset Balances	The following table presents intangible asset balances as of December 31, 2022 and 2021 (in thousands): December 31, 2022 December 31, 2021 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Estimated Definite-lived intangible assets: Customer contracts $ 892,091 $ (892,091) $ — $ 969,376 $ (920,617) $ 48,759 10 years 2GIG 2.0 technology — — — 17,000 (17,000) — 8 years Other technology 2,917 (2,917) — 4,725 (4,725) — 2 - 7 years Space Monkey technology — — — 7,100 (7,100) — 6 years Patents 11,329 (9,171) 2,158 11,180 (8,076) 3,104 5 years Total definite-lived intangible assets: 906,337 (904,179) 2,158 1,009,381 (957,518) 51,863 Indefinite-lived intangible assets: Domain names 65 — 65 65 — 65 Total Indefinite-lived intangible assets 65 — 65 65 — 65 Total intangible assets, net $ 906,402 $ (904,179) $ 2,223 $ 1,009,446 $ (957,518) $ 51,928
Schedule of Indefinite-Lived Intangible Assets	The following table presents intangible asset balances as of December 31, 2022 and 2021 (in thousands): December 31, 2022 December 31, 2021 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Estimated Definite-lived intangible assets: Customer contracts $ 892,091 $ (892,091) $ — $ 969,376 $ (920,617) $ 48,759 10 years 2GIG 2.0 technology — — — 17,000 (17,000) — 8 years Other technology 2,917 (2,917) — 4,725 (4,725) — 2 - 7 years Space Monkey technology — — — 7,100 (7,100) — 6 years Patents 11,329 (9,171) 2,158 11,180 (8,076) 3,104 5 years Total definite-lived intangible assets: 906,337 (904,179) 2,158 1,009,381 (957,518) 51,863 Indefinite-lived intangible assets: Domain names 65 — 65 65 — 65 Total Indefinite-lived intangible assets 65 — 65 65 — 65 Total intangible assets, net $ 906,402 $ (904,179) $ 2,223 $ 1,009,446 $ (957,518) $ 51,928
Schedule of Estimated Future Amortization Expense of Intangible Assets Excluding Patents Currently in Process	Estimated future amortization expense of intangible assets, excluding approximately $0.1 million in patents currently in process, is as follows as of December 31, 2022 (in thousands): 2023 $ 840 2024 640 2025 523 2026 5 2027 1 Thereafter — Total estimated amortization expense $ 2,009

Financial Instruments (Tables)

Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Summary of Components of Long-Term Debt Including Associated Interest Rates and Related Fair Values	Components of the Company's debt including the associated interest rates and related fair values (in thousands, except interest rates) are as follows: Issuance December 31, 2022 December 31, 2021 Stated Interest Face Value Estimated Fair Value Face Value Estimated Fair Value 2027 Notes $ 600,000 $ 576,960 $ 600,000 $ 633,660 6.750 % 2029 Notes 800,000 659,680 800,000 795,680 5.750 % Term Loan 1,333,125 1,333,125 1,346,625 1,346,625 N/A Total $ 2,733,125 $ 2,569,765 $ 2,746,625 $ 2,775,965
Schedule of Derivative Liabilities at Fair Value	The following table summarizes the fair value and the notional amount of the Company’s outstanding consumer financing program derivative instrument as of December 31, 2022 and 2021 (in thousands): December 31, 2022 2021 Consumer Financing Program Contractual Obligations: Fair value $ 125,798 $ 216,795 Notional amount 859,743 1,160,278 Classified on the consolidated balance sheets as: Accrued expenses and other current liabilities 90,008 140,394 Other long-term obligations 35,790 76,401 Total Consumer Financing Program Contractual Obligation $ 125,798 $ 216,795
Schedule of Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation	The following table summarizes the change in the fair value of the Level 3 outstanding derivative instrument for the years ended December 31, 2022 and 2021 (in thousands): December 31, 2022 2021 Balance, beginning of period $ 216,795 $ 227,896 Additions 13,019 94,995 Settlements (106,193) (91,826) Losses (Gains) included in earnings 2,177 (14,270) Balance, end of period $ 125,798 $ 216,795
Schedule of Fair Value of Derivative Warranty Liabilities	The change in the fair value of the derivative warrant liabilities for the years ended December 31, 2022 and 2021 is summarized as follows (in thousands): Public Warrants Private Placement Warrants Total Derivative Warrant liability Balance, December 31, 2020 $ 8,063 $ 75,531 $ 83,594 Change in fair value of warrant liability 1,350 (50,967) (49,617) Write-off fair value of unexercised expired warrants (490) — (490) Reclassification of derivative liabilities for exercised warrants (8,923) — (8,923) Balance, December 31, 2021 — 24,564 24,564 Change in fair value of warrant liability — (21,332) (21,332) Balance, December 31, 2022 $ — $ 3,232 $ 3,232
Schedule of Quantitative Information Regarding Level 3 Fair Value Measurements Inputs	The following table provides quantitative information regarding Level 3 fair value measurements inputs as their measurement dates: As of December 31, 2022 As of December 31, 2021 Number of private placement warrants 5,933,334 5,933,334 Exercise price $ 11.50 $ 11.50 Stock price $ 11.90 $ 9.78 Expiration term (in years) N/A (1) 3.05 Volatility N/A (1) 70 % Risk-free Rate N/A (1) 0.98 % Dividend yield N/A (1) — %

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Schedule of Income Tax Provision	The income tax expense consisted of the following (in thousands): Year ended December 31, 2022 2021 2020 Current income tax: Federal $ — $ — $ — State 2,531 2,359 2,174 Foreign 1,230 3,641 764 Total 3,761 6,000 2,938 Deferred income tax: Federal — — — State 251 (263) (851) Foreign (1,662) (3,266) (1,004) Total (1,411) (3,529) (1,855) Income tax expense $ 2,350 $ 2,471 $ 1,083
Schedule of Reconciliation of Tax Expense Computed at Statutory Federal Rate and Company's Tax Expense	The following reconciles the tax benefit computed at the statutory federal rate and the Company’s tax expense (in thousands): Year ended December 31, 2022 2021 2020 Computed expected tax benefit $ (10,370) $ (63,647) $ (126,472) State income taxes, net of federal tax effect 2,222 1,556 882 Foreign income taxes 20 221 (383) Other reconciling items 1,349 (1,235) (714) Sale of Vivint Canada, Inc. (5,279) — — Capital Loss Limitation (6,831) — — Permanent differences (2,520) (8,753) 36,423 Excess deductible compensation limitation 17,481 10,463 9,667 Change in valuation allowance 6,278 63,866 81,680 Income tax expense $ 2,350 $ 2,471 $ 1,083
Schedule of Significant Portions of Deferred Tax Assets and Liabilities	The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and liabilities were as follows (in thousands): December 31, 2022 2021 Gross deferred tax assets: Net operating loss carryforwards $ 510,274 $ 546,693 Deferred subscriber income 349,187 326,759 Interest expense limitation 161,408 142,919 Accrued expenses and allowances 52,010 56,495 Capitalized Research and Experimental Expenses 13,917 — Lease liabilities 10,761 13,356 Purchased intangibles and deferred financing costs 8,690 9,687 Inventory reserves 2,083 1,859 Research and development credits 41 41 Deferred capitalized contract costs — 1,800 Property and equipment 1,672 1,888 Valuation allowance (737,374) (740,397) Total 372,669 361,100 Gross deferred tax liabilities: Deferred capitalized contract costs (364,406) (346,887) Right of use assets (9,153) (11,430) Purchased intangibles and deferred financing costs — (959) Property and equipment — (443) Total (373,559) (359,719) Net deferred tax assets (liabilities) $ (890) $ 1,381
Summary of Net Operating Loss Carryforwards	The Company had gross operating loss carryforwards as follows (in thousands): December 31, 2022 2021 Net operating loss carryforwards: Federal $ 2,093,641 $ 2,229,000 States 1,827,793 2,036,000 Total $ 3,921,434 $ 4,265,000

Stock-Based Compensation and _2

Stock-Based Compensation and Equity (Tables)	12 Months Ended
	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
Summary of the SAR Activity	A summary of the Rollover SARs activity for the years ended December 31, 2022 and 2021 is presented below: Rollover SARs Weighted Average Weighted Average Aggregate Outstanding, December 31, 2020 2,474,011 17.59 6.60 7.8 Forfeited (409,566) 18.50 Exercised (59,733) 9.32 Outstanding, December 31, 2021 2,004,712 17.65 5.62 — Forfeited (608,481) 18.47 Exercised (56,808) 7.36 Outstanding, December 31, 2022 1,339,423 17.71 4.67 — Exercisable at December 31, 2022 1,339,423 $ 17.71 4.67 —
Summary of Restricted Stock Unit Activity	The following summarizes information about RSU transactions for the year ended December 31, 2022: Units Weighted Average Grant-Date Fair Value per Unit Unvested at December 31, 2021 9,570,667 $ 16.12 Granted 5,359,600 6.56 Vested (2,913,544) 17.14 Forfeited (2,421,196) 15.98 Unvested at December 31, 2022 9,595,527 11.60
Summary of Performance Stock Unit Activity	The following summarizes information about PSU transactions for the year ended December 31, 2022: Units Weighted Average Grant-Date Fair Value per Unit Unvested at December 31, 2021 9,643,666 $ 17.23 Granted 4,793,506 7.31 Vested (4,022,778) 19.56 Forfeited (1,463,623) 14.15 Unvested at December 31, 2022 8,950,771 11.31
Schedule of Stock-Based Compensation Expense	Stock-based compensation expense in connection with all stock-based awards for the years ended December 31, 2022, 2021 and 2020 is allocated as follows (in thousands): Year ended December 31, 2022 2021 2020 Operating expenses $ 7,892 $ 16,567 $ 20,157 Selling expenses 39,584 103,239 101,623 General and administrative expenses 31,258 46,622 76,433 Total stock-based compensation $ 78,734 $ 166,428 $ 198,213

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2022
Leases [Abstract]
Schedule of Lease Expense and Supplemental Cash Flow Information	The components of lease expense were as follows (in thousands): Year ended December 31, 2022 2021 Operating lease cost $ 15,008 $ 15,689 Finance lease cost: Amortization of right-of-use assets $ 2,337 $ 2,375 Interest on lease liabilities 581 264 Total finance lease cost $ 2,918 $ 2,639 Supplemental cash flow information related to leases was as follows (in thousands): Year ended December 31, 2022 2021 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ (16,299) $ (16,877) Operating cash flows from finance leases (581) (264) Financing cash flows from finance leases (3,692) (3,158) Right-of-use assets obtained in exchange for lease obligations: Operating leases $ 2,236 $ 4,490 Finance leases 8,575 1,808
Schedule of Supplemental Balance Sheet Information Related to Leases	Supplemental balance sheet information related to leases was as follows (in thousands, except lease term and discount rate): Year ended December 31, 2022 2021 Operating Leases Operating lease right-of-use assets $ 36,812 $ 46,000 Current operating lease liabilities $ 13,048 $ 12,033 Operating lease liabilities 30,232 41,713 Total operating lease liabilities $ 43,280 $ 53,746 Finance Leases Property, plant and equipment, gross $ 43,136 $ 40,939 Accumulated depreciation (23,345) (24,465) Property, plant and equipment, net $ 19,791 $ 16,474 Current finance lease liabilities $ 2,686 $ 2,854 Finance lease liabilities 5,216 1,416 Total finance lease liabilities $ 7,902 $ 4,270 Weighted Average Remaining Lease Term Operating leases 4 years 5 years Finance leases 2.9 years 2.7 years Weighted Average Discount Rate Operating leases 7 % 7 % Finance leases 5 % 4 %
Schedule of Maturities of Financing Leases Liabilities	Maturities of lease liabilities were as follows (in thousands): Operating Leases Finance Leases Year Ending December 31, 2023 $ 16,083 $ 3,143 2024 15,025 2,802 2025 9,286 2,535 2026 5,073 165 2027 3,277 — Thereafter 1,232 — Total lease payments 49,976 8,645 Less imputed interest (6,696) (743) Total $ 43,280 $ 7,902
Schedule of Maturities of Operating Leases Liabilities	Maturities of lease liabilities were as follows (in thousands): Operating Leases Finance Leases Year Ending December 31, 2023 $ 16,083 $ 3,143 2024 15,025 2,802 2025 9,286 2,535 2026 5,073 165 2027 3,277 — Thereafter 1,232 — Total lease payments 49,976 8,645 Less imputed interest (6,696) (743) Total $ 43,280 $ 7,902

Segment Reporting and Busines_2

Segment Reporting and Business Concentrations (Tables)	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
Revenues and Long-Lived Assets by Geographic Region	Revenues by geographic region were as follows (in thousands): United States Canada Total Revenue from external customers Year ended December 31, 2022 $ 1,659,617 $ 22,873 $ 1,682,490 Year ended December 31, 2021 $ 1,418,700 $ 60,688 $ 1,479,388 Year ended December 31, 2020 $ 1,186,218 $ 66,049 $ 1,252,267
Summarizes the Net Gain recognized in Divestiture	The following table summarizes the net gain recognized in connection with this divestiture (in thousands): Sales price $ 104,236 Vivint Canada net assets (including cash of $2,548 and net intercompany balances) (23,639) Accumulated other comprehensive income (26,019) Vivint Inc. net intercompany balances (23,814) Other (5,713) Net gain on divestiture (Included in Other (income) loss, net) $ 25,051

Basic and Diluted Net Loss Pe_2

Basic and Diluted Net Loss Per Share (Tables)	12 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The following table sets forth the computation of the Company’s basic and diluted net loss attributable per share to common stockholders for the years ended December 31, 2022, 2021 and 2020: Year ended December 31, 2022 2021 2020 Numerator: Net loss attributable to common stockholders $ (51,734) $ (305,552) $ (603,331) Gain on change in fair value of warrants, diluted — (50,967) — Net loss attributable to common stockholders, diluted (in thousands) $ (51,734) $ (356,519) $ (603,331) Denominator: Shares used in computing net loss attributable per share to common stockholders, basic and diluted 212,501,938 208,265,631 179,071,278 Weighted-average effect of potentially dilutive shares to purchase common stock — 812,536 — Shares used in computing net loss attributable per share to common stockholders, diluted 212,501,938 209,078,167 179,071,278 Net loss attributable per share to common stockholders: Basic $ (0.24) $ (1.47) $ (3.37) Diluted $ (0.24) $ (1.71) $ (3.37)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	The following table discloses securities that could potentially dilute basic net loss per share in the future that were not included in the computation of diluted net loss per share because to do so would have been antidilutive for all periods presented: As of December 31, 2022 2021 2020 Rollover SARs 1,339,423 2,004,712 2,474,011 Rollover LTIPs — — 2,316,869 RSUs 9,595,527 9,570,667 8,692,347 PSUs 8,950,771 9,643,666 4,877,277 Public warrants — — 878,346 Private placement warrants 5,933,334 — 5,933,334 Earnout shares reserved for future issuance 21,507 24,060 1,260,281

Significant Accounting Polici_4

Significant Accounting Policies - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2022 USD ($) reporting_unit performance_obligation payment_option	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Dec. 31, 2019 USD ($)
Basis Of Presentation And Significant Accounting Policies [Line Items]
Number of performance obligations | performance_obligation	1
Material right to renew contract, term	3 years
Accounts receivable	$ 34,800,000	$ 26,400,000
Allowance for doubtful accounts	$ 16,422,000	13,271,000	$ 9,911,000	$ 8,118,000
Capitalized contract cost, amortization period	5 years
Capitalized contract costs, expected period of benefit	5 years
Capitalized contract cost, impairment loss	$ 0	0
Amortization of deferred financing costs and bond premiums and discounts	5,641,000	4,629,000	3,956,000
Sales commission included in accrued payroll and commissions	4,300,000	4,300,000
Other long-term obligations	21,500,000	23,200,000
Advertising expenses incurred	63,400,000	89,900,000	70,900,000
Research and development expense	$ 64,500,000	55,200,000	50,700,000
Uncertain income tax position percentage	50%
Number of reporting units | reporting_unit	1
Goodwill, impairment loss	$ 0	0	0
Vivint Sky Control Panels
Basis Of Presentation And Significant Accounting Policies [Line Items]
Percentage of installed panels	97%
2GIG Sale
Basis Of Presentation And Significant Accounting Policies [Line Items]
Percentage of installed panels	3%
Minimum
Basis Of Presentation And Significant Accounting Policies [Line Items]
Liability percentage	260%
Maximum
Basis Of Presentation And Significant Accounting Policies [Line Items]
Liability percentage	100%
Interest Expense
Basis Of Presentation And Significant Accounting Policies [Line Items]
Amortization of deferred financing costs and bond premiums and discounts	$ 5,600,000	6,900,000	$ 7,900,000
Notes Payable
Basis Of Presentation And Significant Accounting Policies [Line Items]
Deferred financing cost, net	29,100,000	34,300,000
Deferred financing cost, accumulated amortization	82,600,000	77,400,000
Revolving Credit Facility
Basis Of Presentation And Significant Accounting Policies [Line Items]
Issued and unused letters of credit	358,900,000
Revolving Credit Facility | Line of Credit
Basis Of Presentation And Significant Accounting Policies [Line Items]
Deferred financing cost, net	1,600,000	2,100,000
Deferred financing cost, accumulated amortization	$ 11,900,000	$ 11,500,000
Vivint Flex Pay
Basis Of Presentation And Significant Accounting Policies [Line Items]
Number of payment options | payment_option	3
Vivint Flex Pay | Minimum
Basis Of Presentation And Significant Accounting Policies [Line Items]
Installment loans available to qualified customers, amount provided by third party	$ 150
Installment loans available to qualified customers, annual percentage rate	0%
Loans available to qualified customers, term of loan	6 months
Vivint Flex Pay | Maximum
Basis Of Presentation And Significant Accounting Policies [Line Items]
Installment loans available to qualified customers, amount provided by third party	$ 6,000
Installment loans available to qualified customers, annual percentage rate	9.99%
Loans available to qualified customers, term of loan	60 months
Subscriber Contracts | Minimum
Basis Of Presentation And Significant Accounting Policies [Line Items]
Contract with customer, term	3 years
Subscriber Contracts | Maximum
Basis Of Presentation And Significant Accounting Policies [Line Items]
Contract with customer, term	5 years

Significant Accounting Polici_5

Significant Accounting Policies - Accounts Receivable (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	$ 13,271	$ 9,911	$ 8,118
Provision for doubtful accounts	40,476	31,341	23,778
Write-offs and adjustments	(37,325)	(27,981)	(21,985)
Balance at end of period	$ 16,422	$ 13,271	$ 9,911

Significant Accounting Polici_6

Significant Accounting Policies - Depreciation and Amortization (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Total depreciation and amortization	$ 621,822	$ 601,452	$ 570,831
Depreciation and amortization of property, plant and equipment
Property, Plant and Equipment [Line Items]
Total depreciation and amortization	17,459	16,467	20,153
Amortization of capitalized contract costs
Property, Plant and Equipment [Line Items]
Total depreciation and amortization	556,550	524,981	481,213
Amortization of definite-lived intangibles
Property, Plant and Equipment [Line Items]
Total depreciation and amortization	$ 47,813	$ 60,004	$ 69,465

Significant Accounting Polici_7

Significant Accounting Policies - Statement of Operations in Other (Income) Expenses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Accounting Policies [Abstract]
Translation gain	$ (1,837)	$ (423)	$ (602)

Revenue and Capitalized Contr_2

Revenue and Capitalized Contract Costs - (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Capitalized Contract Cost [Line Items]
Service warranty accrual	$ 6,750	$ 5,992
Revenue recognized that were included in deferred revenue	437,400	320,000
Revenue expected to be recognized from remaining performance obligations for subscription contracts	$ 3,700,000
Capitalized contract cost, amortization period	5 years
Subscriber Contracts | Minimum
Capitalized Contract Cost [Line Items]
Contract with customer, term	3 years
Subscriber Contracts | Maximum
Capitalized Contract Cost [Line Items]
Contract with customer, term	5 years
Smart energy business
Capitalized Contract Cost [Line Items]
Revenue recognized that were included in deferred revenue	$ 94,400	$ 49,900

Revenue and Capitalized Contr_3

Revenue and Capitalized Contract Costs - Performance Obligation, Expected Timing (Details)	Dec. 31, 2022
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Percentage revenue of related to remaining performance obligation expected to recognized over the next 24 months	64%
Revenue, remaining performance obligation, expected timing of satisfaction, period	24 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, expected timing of satisfaction, period	36 months

Retail Installment Contract R_3

Retail Installment Contract Receivables - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Retail Installment Contracts
Accounts, Notes, Loans and Financing Receivable [Line Items]
Interest income	$ 4.1	$ 7.6	$ 10.6
Vivint Flex Pay | Minimum
Accounts, Notes, Loans and Financing Receivable [Line Items]
Installment loans available to qualified customers, term of loan	42 months
Vivint Flex Pay | Maximum
Accounts, Notes, Loans and Financing Receivable [Line Items]
Installment loans available to qualified customers, term of loan	60 months

Retail Installment Contract R_4

Retail Installment Contract Receivables - Installment Receivables (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
RIC allowance	$ (6,685)	$ (12,384)
Imputed interest	(3,152)	(7,469)
Classified on the consolidated balance sheets as:
Accounts and notes receivable, net	55,694	63,671
Long-term notes receivables and other assets, net	24,831	44,753
Retail Installment Contracts
Accounts, Notes, Loans and Financing Receivable [Line Items]
RIC receivables, gross	44,909	90,204
RIC allowance	(6,685)	(12,384)	$ (27,061)
RIC receivables, net	35,072	70,351
Classified on the consolidated balance sheets as:
Accounts and notes receivable, net	20,887	37,270
Long-term notes receivables and other assets, net	$ 14,185	$ 33,081

Retail Installment Contract R_5

Retail Installment Contract Receivables - Allowance for Credit Losses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Financing Receivable, Allowance for Credit Loss [Roll Forward]
RIC allowance, beginning of period	$ 12,384
Recoveries	2,252	$ 3,446
RIC allowance, end of period	6,685	12,384
Retail Installment Contracts
Financing Receivable, Allowance for Credit Loss [Roll Forward]
RIC allowance, beginning of period	12,384	27,061
Write-offs	(7,573)	(13,714)
Additions from RICs originated during the period	2,676	6,795
Change in expected credit losses	(1,522)	(10,995)
Other adjustments	(1,532)	(209)
RIC allowance, end of period	$ 6,685	$ 12,384

Long-Term Debt - Summary of Deb

Long-Term Debt - Summary of Debt (Detail) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Total long-term debt	$ 2,719,625,000
Outstanding Principal, total debt	2,733,125,000	$ 2,746,625,000
Unamortized Deferred Financing Costs	(29,095,000)	(34,280,000)
Net Carrying Amount, noncurrent	2,690,530,000
Net Carrying Amount	2,704,030,000	2,712,345,000
Long-term Debt
Debt Instrument [Line Items]
Total long-term debt		2,733,125,000
Unamortized Deferred Financing Costs		(34,280,000)
Net Carrying Amount, noncurrent		2,698,845,000
Revolving Credit Facility
Debt Instrument [Line Items]
Net Carrying Amount	0	0
Deferred financing costs, net	$ 1,600,000	$ 2,100,000
Senior Notes | 6.750% Senior Secured Notes Due 2027
Debt Instrument [Line Items]
Debt instrument interest rate (percentage)	6.75%	6.75%
Total long-term debt	$ 600,000,000	$ 800,000,000
Unamortized Deferred Financing Costs	(3,899,000)	(11,154,000)
Net Carrying Amount, noncurrent	$ 596,101,000	$ 788,846,000
Senior Notes | 5.750% Senior Notes Due 2029
Debt Instrument [Line Items]
Debt instrument interest rate (percentage)	5.75%
Total long-term debt	$ 800,000,000
Unamortized Deferred Financing Costs	(9,683,000)
Net Carrying Amount, noncurrent	790,317,000
Senior Notes | 8.500% Senior Secured Notes Due 2024
Debt Instrument [Line Items]
Debt instrument interest rate (percentage)		8.50%
Total long-term debt		$ 600,000,000
Unamortized Deferred Financing Costs		(4,835,000)
Net Carrying Amount, noncurrent		595,165,000
Term Loan | Term Loan
Debt Instrument [Line Items]
Total long-term debt		1,333,125,000
Unamortized Deferred Financing Costs		(18,291,000)
Net Carrying Amount, noncurrent		1,314,834,000
Net carrying amount, current		13,500,000
Term Loan | Term Loan
Debt Instrument [Line Items]
Total long-term debt	1,319,625,000
Outstanding principal, current debt	13,500,000	$ 13,500,000
Unamortized Deferred Financing Costs	(15,513,000)
Net Carrying Amount, noncurrent	1,304,112,000
Net carrying amount, current	$ 13,500,000

Long-Term Debt - Notes Payable

Long-Term Debt - Notes Payable (Detail)	12 Months Ended
	Dec. 31, 2022 USD ($) step-down	Dec. 31, 2021 USD ($)	Jul. 31, 2021 USD ($)
Debt Instrument [Line Items]
Long-term Debt, Gross, Excluding Current Maturities	$ 2,719,625,000
Face Value	$ 2,704,030,000	$ 2,712,345,000
Revolving Credit Facility
Debt Instrument [Line Items]
Basis percentage	0.50%
Number of interest rate step downs | step-down	2
Commitment fee, step down (percentage)	0.125%
Face Value	$ 0	0
Available borrowing capacity	358,900,000
Letters of credit outstanding	11,100,000
Senior Notes | 6.750% Senior Secured Notes Due 2027
Debt Instrument [Line Items]
Long-term Debt, Gross, Excluding Current Maturities	$ 600,000,000	$ 800,000,000
Debt instrument interest rate (percentage)	6.75%	6.75%
Senior Notes | 5.750% Senior Notes Due 2029
Debt Instrument [Line Items]
Long-term Debt, Gross, Excluding Current Maturities	$ 800,000,000
Debt instrument interest rate (percentage)	5.75%
Term Loan | Term Loan
Debt Instrument [Line Items]
Long-term Debt, Gross, Excluding Current Maturities		$ 1,333,125,000
Principal amount	$ 1,333,100,000		$ 1,350,000,000
Debt instrument, redemption price, percentage of principal amount redeemed (as a percentage)	0.25%
Term Loan | Term Loan | Revolving Credit Facility
Debt Instrument [Line Items]
Principal amount			$ 370,000,000
Federal Funds Effective Swap Rate | Credit Agreement
Debt Instrument [Line Items]
Variable Interest rate (percentage)	0.50%
LIBOR | Credit Agreement
Debt Instrument [Line Items]
Variable Interest rate (percentage)	1%
LIBOR plus 1% | Credit Agreement
Debt Instrument [Line Items]
Variable Interest rate (percentage)	2.50%
LIBOR plus 1% | Credit Agreement | Maximum
Debt Instrument [Line Items]
Variable Interest rate (percentage)	2.50%
LIBOR plus 1% | Credit Agreement | Minimum
Debt Instrument [Line Items]
Variable Interest rate (percentage)	2%
LIBOR Referenced to Applicable Page for LIBOR Rate for the Interest Period Relevant to Such Borrowings | Credit Agreement | Maximum
Debt Instrument [Line Items]
Variable Interest rate (percentage)	3.50%
LIBOR Referenced to Applicable Page for LIBOR Rate for the Interest Period Relevant to Such Borrowings | Credit Agreement | Minimum
Debt Instrument [Line Items]
Variable Interest rate (percentage)	3%

Long-Term Debt - Other Expense

Long-Term Debt - Other Expense and Loss on Extinguishment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Original premium extinguished		$ (5,656)	$ (2,749)
Previously deferred financing costs extinguished	$ 0	9,515	4,268
New financing costs		26,352	11,191
Total other expense and loss on extinguishment		30,211	12,710
Previously deferred financing rolled over		8,148	7,178
New deferred financing costs		23,069	11,807
Total deferred financing costs		31,217	18,985
Term Loan | Term Loan
Debt Instrument [Line Items]
Previously deferred financing costs extinguished	0	1,499
Term Loan | Term Loan issuance - July 2021 | Term Loan
Debt Instrument [Line Items]
Original premium extinguished		0
Previously deferred financing costs extinguished		1,499
New financing costs		9,165
Total other expense and loss on extinguishment		10,664
Previously deferred financing rolled over		8,148
New deferred financing costs		11,302
Total deferred financing costs		19,450
Term Loan | Term Loan issuance - February 2020 | Term Loan
Debt Instrument [Line Items]
Original premium extinguished			0
Previously deferred financing costs extinguished			235
New financing costs			5,045
Total other expense and loss on extinguishment			5,280
Previously deferred financing rolled over			6,973
New deferred financing costs			5,461
Total deferred financing costs			12,434
Senior Notes | 2029 Notes
Debt Instrument [Line Items]
Previously deferred financing costs extinguished	$ 0	0
Senior Notes | 8.500% Senior Secured Notes Due 2024
Debt Instrument [Line Items]
Previously deferred financing costs extinguished		3,021
Senior Notes | 2029 Notes issuance - July 2021 | 2029 Notes
Debt Instrument [Line Items]
Original premium extinguished		(5,656)
Previously deferred financing costs extinguished		8,016
New financing costs		17,187
Total other expense and loss on extinguishment		19,547
Previously deferred financing rolled over		0
New deferred financing costs		11,767
Total deferred financing costs		$ 11,767
Senior Notes | 2027 Notes issuance - February 2020 | 6.750% Senior Secured Noes Due 2027
Debt Instrument [Line Items]
Original premium extinguished			(2,749)
Previously deferred financing costs extinguished			4,033
New financing costs			6,146
Total other expense and loss on extinguishment			7,430
Previously deferred financing rolled over			205
New deferred financing costs			6,346
Total deferred financing costs			$ 6,551

Long-Term Debt - Deferred Finan

Long-Term Debt - Deferred Financing Activity (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Deferred Financing Activity [Roll Forward]
Beginning balance	$ 36,366	$ 28,827
Additions	0	23,912
Early Extinguishment	0	(9,515)	$ (4,268)
Amortized	(5,640)	(6,858)
Ending balance	30,726	36,366	28,827
Senior Notes | 2022 Notes
Deferred Financing Activity [Roll Forward]
Beginning balance	0	4,697
Additions		0
Early Extinguishment		(3,314)
Amortized		(1,383)
Ending balance		0	4,697
Senior Notes | 2023 Notes
Deferred Financing Activity [Roll Forward]
Beginning balance	0	2,241
Additions		0
Early Extinguishment		(1,681)
Amortized		(560)
Ending balance		0	2,241
Senior Notes | 2024 Notes
Deferred Financing Activity [Roll Forward]
Beginning balance	0	3,530
Additions		0
Early Extinguishment		(3,021)
Amortized		(509)
Ending balance		0	3,530
Senior Notes | 2027 Notes
Deferred Financing Activity [Roll Forward]
Beginning balance	4,835	5,771
Additions	0	0
Early Extinguishment	0	0
Amortized	(936)	(936)
Ending balance	3,899	4,835	5,771
Senior Notes | 2029 Notes
Deferred Financing Activity [Roll Forward]
Beginning balance	11,153	0
Additions	0	11,767
Early Extinguishment	0	0
Amortized	(1,471)	(614)
Ending balance	9,682	11,153	0
Term Loan | Term Loan
Deferred Financing Activity [Roll Forward]
Beginning balance	18,290	10,921
Additions	0	11,302
Early Extinguishment	0	(1,499)
Amortized	(2,777)	(2,434)
Ending balance	15,513	18,290	10,921
Revolving Credit Facility | Line of Credit
Deferred Financing Activity [Roll Forward]
Beginning balance	2,088	1,667
Additions	0	843
Early Extinguishment	0	0
Amortized	(456)	(422)
Ending balance	$ 1,632	$ 2,088	$ 1,667

Business Combination (Details)

Business Combination (Details) $ / shares in Units, $ in Millions	Jan. 17, 2020 USD ($) $ / shares shares	Jan. 16, 2020 $ / shares	Dec. 31, 2022 $ / shares	Dec. 31, 2021 $ / shares
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Common stock, par value (in dollars per share) | $ / shares			$ 0.0001	$ 0.0001
Fortress Investment Group
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Shares from Fortress Subscription And Backstop Agreement (in shares)	2,698,753
Merger
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Common stock, par value (in dollars per share) | $ / shares	$ 0.0001
Conversion ratio for founder shares	1.2
Warrants, expiration period	5 years
Shares from Fortress Subscription And Backstop Agreement (in shares)	2,698,753
Shares from Additional Forward Purchaser Subscription Agreement (in shares)	5,000,000
Forward Purchase Agreement, share purchase price (in dollars per share) | $ / shares		$ 10
Common stock issued per share of founder, shares forfeited	1.20
Shares from IPO Forward Purchaser Investment (in shares)	15,789,474
Conversion ratio of preferred stock to common stock		1.43
Merger | Fortress Investment Group
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Purchase price of shares | $	$ 27.8
Shares redeemed (in shares)	31,074,592
Price of shares redeemed (in dollars per share) | $ / shares	$ 10.29
Merger | Legacy Vivint Smart Home
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Common stock, par value (in dollars per share) | $ / shares	$ 0.01
Merger | Fortress Investment Group
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Shares issued from PIPE (in shares)	12,500,000
Purchase price of shares | $	$ 125
Merger | Blackstone Management Partners L.L.C.
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Shares issued from PIPE (in shares)	10,000,000
Purchase price of shares | $	$ 100
Merger | Mosaic Sponsor LLC
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Percentage of Mosaic Sponsor LLC's founder shares and private placement warrants forfeited (percent)		25%
Merger | Certain Investors
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Shares from IPO Forward Purchaser Investment (in shares)	15,789,474
IPO Forward Purchase Investment, share purchase price (in dollars per share) | $ / shares	$ 9.50
Common Class A
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Common stock, par value (in dollars per share) | $ / shares			$ 0.0001
Common Class A | Merger
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Conversion ratio for legacy shares	84.5320916792
Conversion ratio for founder shares	1.20

Business Combination - Schedule

Business Combination - Schedule of Net Impact (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Net cash received from recapitalization	$ 0	$ 0	$ 463,522
Merger
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Cash - Mosaic (net of redemptions)			35,344
Cash - Subscribers and Forward Purchasers			453,221
Less fees to underwriters and other transaction costs			(25,043)
Net cash received from recapitalization			463,522
Less: Warrant derivative liabilities assumed			(40,094)
Less: non-cash net liabilities assumed from Mosaic			(5)
Less: deferred and accrued transaction costs			(1,304)
Net contributions from recapitalization			$ 422,119

Business Combination - Schedu_2

Business Combination - Schedule of Shares Issued (Details) - shares	Jan. 17, 2020	Dec. 31, 2022	Dec. 31, 2021
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Common stock, outstanding (in shares)	154,730,618	213,606,672	208,734,193
Merger
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Shares from Additional Forward Purchaser Subscription Agreement (in shares)	5,000,000
Shares from IPO Forward Purchaser Investment (in shares)	15,789,474
Shares from Fortress Subscription And Backstop Agreement (in shares)	2,698,753
Shares from Mosaic Founder Shares (in shares)	10,379,386
Recapitalization transaction (in shares)	59,793,021
Mosaic | Merger
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Common Stock outstanding prior to Business Combination (in shares)	34,500,000
Less redemption of Mosaic Shares (in shares)	(31,074,592)
Common Stock of Mosaic (in shares)	3,425,408
Fortress Investment Group | Merger
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Shares issued from PIPE (in shares)	12,500,000
Blackstone Management Partners L.L.C. | Merger
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Shares issued from PIPE (in shares)	10,000,000
Legacy Vivint Smart Home | Merger
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Common stock, outstanding (in shares)	94,937,597

Business Combination - Earnout

Business Combination - Earnout Consideration (Details) - $ / shares		1 Months Ended
	Jan. 17, 2020	Feb. 29, 2020
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Earnout consideration, shares issued (in shares)		37,323,959
Merger
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Earnout consideration, contingent shares (in shares)	37,500,000
First Share Issuance | Merger
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Earnout consideration, contingent stock, first issuance (in shares)	12,500,000
Earnout consideration, threshold share price (in dollars per share)	$ 12.50
Earnout consideration, threshold trading days	20 days
Earnout consideration, threshold trading day period	30 days
Second Share Issuance | Merger
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Earnout consideration, contingent stock, first issuance (in shares)	12,500,000
Earnout consideration, threshold share price (in dollars per share)	$ 15
Earnout consideration, threshold trading days	20 days
Earnout consideration, threshold trading day period	30 days
Third Share Issuance | Merger
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Earnout consideration, contingent stock, first issuance (in shares)	12,500,000
Earnout consideration, threshold share price (in dollars per share)	$ 17.50
Earnout consideration, threshold trading days	20 days
Earnout consideration, threshold trading day period	30 days

Balance Sheet Components - Sche

Balance Sheet Components - Schedule of Balance Sheet Component Balances (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Prepaid expenses and other current assets
Prepaid expenses	$ 16,012	$ 12,791
Deposits	987	627
Other	12,908	5,967
Total prepaid expenses and other current assets	29,907	19,385
Capitalized contract costs
Capitalized contract costs	4,562,735	4,103,683
Accumulated amortization	(3,076,823)	(2,698,241)
Capitalized contract costs, net	1,485,912	1,405,442
Long-term notes receivables and other assets
RIC receivables, gross	24,022	52,934
RIC allowance	(6,685)	(12,384)
RIC imputed interest	(3,152)	(7,469)
Deferred income tax assets	0	2,022
Other	10,646	9,650
Total long-term notes receivables and other assets, net	24,831	44,753
Accrued payroll and commissions
Accrued commissions	43,163	47,879
Accrued payroll	39,486	35,468
Total accrued payroll and commissions	82,649	83,347
Accrued expenses and other current liabilities
Accrued interest payable	55,155	40,333
Current portion of derivative liability	90,008	140,394
Service warranty accrual	6,750	5,992
Accrued taxes	9,043	10,758
Accrued payroll taxes and withholdings	5,863	14,392
Loss contingencies	22,300	8,150
Other	10,727	16,231
Total accrued expenses and other current liabilities	$ 199,846	$ 236,250

Property Plant and Equipment -

Property Plant and Equipment - Components of Property and Equipment (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 172,994	$ 187,085
Accumulated depreciation and amortization	(111,358)	(131,637)
Property, plant and equipment, net	61,636	55,448
Vehicles
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 42,294	40,103
Vehicles | Minimum
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	3 years
Vehicles | Maximum
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	5 years
Computer equipment and software
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 74,459	83,479
Computer equipment and software | Minimum
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	3 years
Computer equipment and software | Maximum
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	5 years
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 25,041	30,087
Leasehold improvements | Minimum
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	2 years
Leasehold improvements | Maximum
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	15 years
Office furniture, fixtures and equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 12,754	22,327
Office furniture, fixtures and equipment | Minimum
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	2 years
Office furniture, fixtures and equipment | Maximum
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	7 years
Construction in process
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 18,446	$ 11,089

Property Plant and Equipment _2

Property Plant and Equipment - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Finance lease, right-of-use asset, net	$ 19,791	$ 16,474
Accumulated amortization	23,345	24,465
Depreciation and amortization expense	17,500	$ 16,500	$ 20,200
Internal-use software
Property, Plant and Equipment [Line Items]
Impairment expense	$ 1,800

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Changes in Carrying Amount of Goodwill (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Goodwill [Roll Forward]
Goodwill beginning balance	$ 837,153	$ 837,077
Sale of Canada business	(20,000)
Effect of Foreign Currency Translation	349	76
Goodwill ending balance	$ 817,502	$ 837,153

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Schedule of Intangible Asset Balances (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Definite-lived intangible assets, gross carrying amount	$ 906,337	$ 1,009,381
Accumulated Amortization	(904,179)	(957,518)
Definite-lived intangible assets, net carrying amount	2,158	51,863
Indefinite-lived intangible assets:	65	65
Total intangible assets, gross carrying amount	906,402	1,009,446
Total intangible assets, net carrying amount	2,223	51,928
Domain names
Finite-Lived Intangible Assets [Line Items]
Indefinite-lived intangible assets:	65	65
Customer contracts
Finite-Lived Intangible Assets [Line Items]
Definite-lived intangible assets, gross carrying amount	892,091	969,376
Accumulated Amortization	(892,091)	(920,617)
Definite-lived intangible assets, net carrying amount	$ 0	48,759
Estimated Useful Lives	10 years
2GIG 2.0 technology
Finite-Lived Intangible Assets [Line Items]
Definite-lived intangible assets, gross carrying amount	$ 0	17,000
Accumulated Amortization	0	(17,000)
Definite-lived intangible assets, net carrying amount	$ 0	0
Estimated Useful Lives	8 years
Other technology
Finite-Lived Intangible Assets [Line Items]
Definite-lived intangible assets, gross carrying amount	$ 2,917	4,725
Accumulated Amortization	(2,917)	(4,725)
Definite-lived intangible assets, net carrying amount	$ 0	0
Other technology | Minimum
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Lives	2 years
Other technology | Maximum
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Lives	7 years
Space Monkey technology
Finite-Lived Intangible Assets [Line Items]
Definite-lived intangible assets, gross carrying amount	$ 0	7,100
Accumulated Amortization	0	(7,100)
Definite-lived intangible assets, net carrying amount	$ 0	0
Estimated Useful Lives	6 years
Patents
Finite-Lived Intangible Assets [Line Items]
Definite-lived intangible assets, gross carrying amount	$ 11,329	11,180
Accumulated Amortization	(9,171)	(8,076)
Definite-lived intangible assets, net carrying amount	$ 2,158	$ 3,104
Estimated Useful Lives	5 years

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Finite-Lived Intangible Assets [Line Items]
Amortization expense related to intangible assets	$ 47.8	$ 60	$ 69.5
Definite-lived intangible assets, remaining amortization period	1 year 10 months 24 days
Finite-lived patents, gross	$ 0.1
Patents
Finite-Lived Intangible Assets [Line Items]
Acquisition of intangible assets	$ 0.3	$ 0.4

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets - Schedule of Estimated Future Amortization Expense of Intangible Assets Excluding Patents Currently in Process (Detail) $ in Thousands	Dec. 31, 2022 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2023	$ 840
2024	640
2025	523
2026	5
2027	1
Thereafter	0
Total estimated amortization expense	$ 2,009

Financial Instruments - Additio

Financial Instruments - Additional Information (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Fair Value Disclosures [Abstract]
Cash and cash equivalents	$ 283,852	$ 208,509	$ 313,799	$ 4,549
Corporate securities, fair value	$ 1,700	$ 2,400

Financial Instruments - Debt Fa

Financial Instruments - Debt Fair Value and Carrying Value (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Face Value	$ 2,704,030	$ 2,712,345
Senior Notes | 2027 Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Stated Interest Rate	6.75%	6.75%
Senior Notes | 2029 Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Stated Interest Rate	5.75%
Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Face Value	$ 2,733,125	$ 2,746,625
Estimated Fair Value	2,569,765	2,775,965
Level 2 | Senior Notes | 2027 Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Face Value	600,000	600,000
Estimated Fair Value	576,960	633,660
Level 2 | Senior Notes | 2029 Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Face Value	800,000	800,000
Estimated Fair Value	659,680	795,680
Level 2 | Term Loan
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Face Value	1,333,125	1,346,625
Estimated Fair Value	$ 1,333,125	$ 1,346,625

Financial Instruments - Derivat

Financial Instruments - Derivative Fair Value (Details) - Level 2 - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Derivatives, Fair Value [Line Items]
Fair value	$ 125,798	$ 216,795
Notional amount	859,743	1,160,278
Accrued expenses and other current liabilities
Derivatives, Fair Value [Line Items]
Fair value	90,008	140,394
Other long-term obligations
Derivatives, Fair Value [Line Items]
Fair value	$ 35,790	$ 76,401

Financial Instruments - Level 3

Financial Instruments - Level 3 (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Fair Value, Net Derivative Asset (Liability), Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]		Other Nonoperating Income (Expense)
Fair Value, Inputs, Level 3
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Balance, beginning of period	$ 216,795	$ 227,896
Additions	13,019	94,995
Settlements	(106,193)	(91,826)
Losses (Gains) included in earnings	2,177	(14,270)
Balance, end of period	$ 125,798	$ 216,795

Financial Instruments - Change

Financial Instruments - Change in Fair Value of Derivative Warrant Liabilities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Warrant Derivative Liabilities [Roll Forward]
Beginning Balance	$ 24,564
Ending Balance	3,232	$ 24,564
Change in fair value of warrant liability	(21,332)	49,617
Beginning Balance	24,564	83,594
Write-off fair value of unexercised expired warrants		(490)
Reclassification of derivative liabilities for exercised warrants		(8,923)
Ending Balance	3,232	24,564
Public Warrants
Warrant Derivative Liabilities [Roll Forward]
Beginning Balance	0	8,063
Change in fair value of warrant liability	0	(1,350)
Write-off fair value of unexercised expired warrants		(490)
Reclassification of derivative liabilities for exercised warrants		(8,923)
Ending Balance	0	0
Private Placement Warrants
Warrant Derivative Liabilities [Roll Forward]
Beginning Balance	24,564	75,531
Change in fair value of warrant liability	(21,332)	50,967
Write-off fair value of unexercised expired warrants		0
Reclassification of derivative liabilities for exercised warrants		0
Ending Balance	$ 3,232	$ 24,564

Financial Instruments - Quantit

Financial Instruments - Quantitative Information Regarding Level 3 Measurements Inputs (Details) - Private placement warrants	Dec. 31, 2022 $ / shares shares	Dec. 31, 2021 $ / shares shares
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants outstanding (shares) | shares	5,933,334
Expiration term (in years)	5 years
Warrant
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants outstanding (shares) | shares	5,933,334	5,933,334
Warrant | Exercise price
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants outstanding, measurement input | $ / shares	11.50	11.50
Warrant | Stock price
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants outstanding, measurement input | $ / shares	11.90	9.78
Warrant | Expiration term (in years)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Expiration term (in years)		3 years 18 days
Warrant | Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants outstanding, measurement input		0.70
Warrant | Risk-free Rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants outstanding, measurement input		0.0098
Warrant | Dividend yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants outstanding, measurement input		0

Restructuring and Asset Impai_2

Restructuring and Asset Impairment Charges - Additional Information (Detail) - 2020 Cost Reductions $ in Millions	12 Months Ended
	Dec. 31, 2020 USD ($)
Severance and Termination Benefits Expenses
Restructuring Cost and Reserve [Line Items]
Cash-based restructuring charges	$ 20.9
Stock-based Compensation Expense
Restructuring Cost and Reserve [Line Items]
Share-based payment arrangement, accelerated cost	$ 11.1

Income Taxes - Income Tax Provi

Income Taxes - Income Tax Provision (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Current income tax:
Federal	$ 0	$ 0	$ 0
State	2,531	2,359	2,174
Foreign	1,230	3,641	764
Total	3,761	6,000	2,938
Deferred income tax:
Federal	0	0	0
State	251	(263)	(851)
Foreign	(1,662)	(3,266)	(1,004)
Total	(1,411)	(3,529)	(1,855)
Income tax expense	$ 2,350	$ 2,471	$ 1,083

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Tax Expense Computed at Statutory Federal Rate and Company's Tax Expense (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Computed expected tax benefit	$ (10,370)	$ (63,647)	$ (126,472)
State income taxes, net of federal tax effect	2,222	1,556	882
Foreign income taxes	20	221	(383)
Other reconciling items	1,349	(1,235)	(714)
Sale of Vivint Canada, Inc.	(5,279)	0	0
Capital Loss Limitation	(6,831)	0	0
Permanent differences	(2,520)	(8,753)	36,423
Excess deductible compensation limitation	17,481	10,463	9,667
Change in valuation allowance	6,278	63,866	81,680
Income tax expense	$ 2,350	$ 2,471	$ 1,083

Income Taxes - Significant Port

Income Taxes - Significant Portions of Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Gross deferred tax assets:
Net operating loss carryforwards	$ 510,274	$ 546,693
Deferred subscriber income	349,187	326,759
Interest expense limitation	161,408	142,919
Accrued expenses and allowances	52,010	56,495
Capitalized Research and Experimental Expenses	13,917	0
Lease liabilities	10,761	13,356
Purchased intangibles and deferred financing costs	8,690	9,687
Inventory reserves	2,083	1,859
Research and development credits	41	41
Deferred capitalized contract costs	0	1,800
Property and equipment	1,672	1,888
Valuation allowance	(737,374)	(740,397)
Total	372,669	361,100
Gross deferred tax liabilities:
Deferred capitalized contract costs	(364,406)	(346,887)
Right of use assets	(9,153)	(11,430)
Purchased intangibles and deferred financing costs	0	(959)
Property and equipment	0	(443)
Total	(373,559)	(359,719)
Net deferred tax assets (liabilities)	$ (890)
Net deferred tax assets (liabilities)		$ 1,381

Income Taxes - Summary of Net O

Income Taxes - Summary of Net Operating Loss Carryforwards (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	$ 3,921,434	$ 4,265,000
Internal Revenue Service (IRS) | Federal
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	2,093,641	2,229,000
Internal Revenue Service (IRS) | States
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	$ 1,827,793	$ 2,036,000

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Income Taxes And Tax Related [Line Items]
Net operating loss carry forwards	$ 3,921,434,000	$ 4,265,000,000
Valuation allowance	737,374,000	740,397,000
Uncertain tax positions	0	0
Federal
Income Taxes And Tax Related [Line Items]
Research and development credits	$ 41,000	$ 41,000

Stock-Based Compensation and _3

Stock-Based Compensation and Equity - Additional Information (Detail)		3 Months Ended	12 Months Ended
	Jan. 17, 2020 $ / shares shares	Mar. 31, 2021 USD ($) shares	Dec. 31, 2022 USD ($) shares vote incentive_compensation_pool anniversary $ / shares	Dec. 31, 2021 USD ($) $ / shares shares	Dec. 31, 2020 USD ($) shares	Nov. 30, 2020 $ / shares	Jan. 16, 2020 shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized stock compensation expense | $			$ 19,600,000
Share-based compensation expense | $		$ 37,200,000	$ 78,734,000	$ 166,428,000	$ 198,213,000
Common stock, authorized (in shares)			3,000,000,000	3,000,000,000
Common stock, par value (in dollars per share) | $ / shares			$ 0.0001	$ 0.0001
Common stock, issued (in shares)			213,606,672	208,734,193
Common stock, outstanding (in shares)	154,730,618		213,606,672	208,734,193
Preferred stock, authorized (in shares)			300,000,000	300,000,000
Preferred stock, par value (in dollars per share) | $ / shares			$ 0.0001	$ 0.0001
Preferred stock, issued (in shares)			0	0
Preferred stock, outstanding (in shares)			0	0
Number of common shares called by each warrant (shares)			1
Warrant exercise price (dollars per share) | $ / shares			$ 11.50
Proceeds from warrant exercises | $			$ 0	$ 10,819,000	120,802,000
Mosaic Acquisition Corp.
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, authorized (in shares)	3,000,000,000						220,000,000
Common stock, par value (in dollars per share) | $ / shares	$ 0.0001
Share Authorization Proposal approval (percent)	95.60%
Private placement warrants
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Warrants outstanding (shares)			5,933,334
Expiration term (in years)			5 years
Common Class A
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, authorized (in shares)			3,000,000,000
Common stock, par value (in dollars per share) | $ / shares			$ 0.0001
Number of votes per share | vote			1
Common stock, issued (in shares)			213,606,672
Common stock, outstanding (in shares)			213,606,672
Warrants exercised (in shares)			0	825,016
Common Class A | Mosaic Acquisition Corp.
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, authorized (in shares)	3,000,000,000						200,000,000
Share Authorization Proposal approval (percent)	94.30%
Common Class F | Mosaic Acquisition Corp.
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share Authorization Proposal approval (percent)	100%
Selling expenses
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense | $			$ 39,584,000	$ 103,239,000	101,623,000
Operating expenses
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense | $			$ 7,892,000	$ 16,567,000	$ 20,157,000
Rollover LTIPs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of incentive compensation pools | incentive_compensation_pool			4
LTIP, strike price (in dollars per share) | $ / shares			$ 7.22
Shares issued (shares)		1,609,627
Share price (in dollars per share) | $ / shares						$ 23.08
Rollover LTIPs | Selling expenses
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense | $		$ 32,700,000
Rollover LTIPs | Operating expenses
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense | $		$ 4,500,000
Incentive Units | Ratable Vesting from the Applicable Reference Date
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation, award vesting rights, annual vesting percentage	33.33%
Incentive Units | Subject to Achievement of Certain Return Thresholds by The Blackstone GroupInc. and Its Affiliates
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation, award vesting rights, annual vesting percentage	33.33%
Incentive Units | Ratable Vesting from June 2018 for Grants Prior to the Modification or from the Applicable Reference Date for Grants after Modification
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation, award vesting rights, annual vesting percentage	33.33%
Tracking Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares outstanding (in shares)			0
Unrecognized stock compensation expense | $			$ 0
Tracking Units | Holdback Executives
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares outstanding (in shares)			1,121,681
Rollover SARs | Vivint
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares outstanding (in shares)			1,339,423	2,004,712	2,474,011
Unrecognized stock compensation expense | $			$ 0
Earnout Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized stock compensation, recognition period			6 months
Granted (shares)			847,141
Earnout Shares | Selling expenses
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense | $				$ 17,200,000
Earnout Shares | Operating expenses
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense | $				$ 2,400,000
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares outstanding (in shares)			9,595,527	9,570,667
Vested (shares)			2,913,544
Granted (shares)			5,359,600
Restricted Stock Units (RSUs) | 2020 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized stock compensation expense | $			$ 77,400,000
Number of vesting installments | anniversary			4
Unrecognized stock compensation, recognition period			2 years 3 months 18 days
Award vesting period			4 years
Number of shares each equity instrument has the right to receive			1
Share based compensation, award vesting rights, annual vesting percentage			25%
Restricted Stock Units (RSUs) | 2020 Plan | Non-employee Board Member
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period			1 year
PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares outstanding (in shares)			8,950,771	9,643,666
Unrecognized stock compensation expense | $			$ 51,200,000
Number of vesting installments | anniversary			4
Vested (shares)			4,022,778
Unrecognized stock compensation, recognition period			2 years 3 months 18 days
Award vesting period			4 years
Granted (shares)			4,793,506
Number of shares each equity instrument has the right to receive			1
Share based compensation, award vesting rights, annual vesting percentage			25%

Stock-Based Compensation and _4

Stock-Based Compensation and Equity - Summary of the SARs Activity (Detail) - Vivint - Rollover SARs - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Rollover SARs
Outstanding, Beginning Balance (shares)	2,004,712	2,474,011
Forfeited (shares)	(608,481)	(409,566)
Exercised (shares)	(56,808)	(59,733)
Outstanding, Ending Balance (shares)	1,339,423	2,004,712	2,474,011
Exercisable (shares)	1,339,423
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted average exercise price per share, outstanding, beginning balance (in dollars per share)	$ 17.65	$ 17.59
Weighted average exercise price per share, forfeited (in dollars per share)	18.47	18.50
Weighted average exercise price per share, exercised (in dollars per share)	7.36	9.32
Weighted average exercise price per share, outstanding, ending balance (in dollars per share)	17.71	$ 17.65	$ 17.59
Weighted average exercise price per share, Exercisable (in dollars per share)	$ 17.71
Outstanding, weighted average remaining contractual life	4 years 8 months 1 day	5 years 7 months 13 days	6 years 7 months 6 days
Exercisable at end of period, weighted average remaining contractual life	4 years 8 months 1 day
Outstanding, aggregate intrinsic value	$ 0	$ 0	$ 7.8
Exercisable, aggregate intrinsic value	$ 0

Stock-Based Compensation and _5

Stock-Based Compensation and Equity - Summary of Incentive Unit Activity (Detail) - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Restricted Stock Units (RSUs)
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Shares outstanding (in shares)	9,595,527	9,570,667
Granted (shares)	5,359,600
Vested (shares)	(2,913,544)
Forfeited (shares)	(2,421,196)
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted average exercise price per share, outstanding, beginning balance (in dollars per share)	$ 16.12
Weighted average exercise price per share, granted (in dollars per share)	6.56
Weighted average exercise price per share, vested (in dollars per share)	17.14
Weighted average exercise price per share, forfeited (in dollars per share)	15.98
Weighted average exercise price per share, outstanding, ending balance (in dollars per share)	$ 11.60	$ 16.12
PSUs
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Shares outstanding (in shares)	8,950,771	9,643,666
Granted (shares)	4,793,506
Vested (shares)	(4,022,778)
Forfeited (shares)	(1,463,623)
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted average exercise price per share, outstanding, beginning balance (in dollars per share)	$ 17.23
Weighted average exercise price per share, granted (in dollars per share)	7.31
Weighted average exercise price per share, vested (in dollars per share)	19.56
Weighted average exercise price per share, forfeited (in dollars per share)	14.15
Weighted average exercise price per share, outstanding, ending balance (in dollars per share)	$ 11.31	$ 17.23

Stock-Based Compensation and _6

Stock-Based Compensation and Equity - Stock-Based Compensation Expense (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation	$ 37,200	$ 78,734	$ 166,428	$ 198,213
Operating expenses
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation		7,892	16,567	20,157
Selling expenses
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation		39,584	103,239	101,623
General and administrative expenses
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation		$ 31,258	$ 46,622	$ 76,433

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) $ in Millions			1 Months Ended	12 Months Ended
	Feb. 17, 2023 USD ($)	May 03, 2021 USD ($)	Jan. 31, 2021 USD ($)	Dec. 31, 2022 USD ($) audit	Dec. 31, 2021 USD ($)
Loss Contingencies [Line Items]
Loss contingency accrual				$ 22.3	$ 8.2
Number of quarterly audits completed | audit				2
CPI Security Systems, Inc
Loss Contingencies [Line Items]
Loss contingency accrual				$ 10.8
CPI Security Systems, Inc | Subsequent Event
Loss Contingencies [Line Items]
Loss contingency, damages sought value	$ 49.7
Punitive damages sought, additional value	$ 140
DOJ FIRREA Investigation
Loss Contingencies [Line Items]
Payment for legal settlement			$ 3.2
FTC Investigation
Loss Contingencies [Line Items]
Payment for legal settlement		$ 20
Order's requirements				25%

Leases - Components of Lease Ex

Leases - Components of Lease Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Lessee, Lease, Description [Line Items]
Operating and finance leases, renewal term	10 years
Operating and finance leases, options to terminate lease, term	1 year
Operating lease cost	$ 15,008	$ 15,689
Finance lease cost:
Amortization of right-of-use assets	2,337	2,375
Interest on lease liabilities	581	264
Total finance lease cost	$ 2,918	$ 2,639
Minimum
Lessee, Lease, Description [Line Items]
Operating and finance leases, remaining lease term	1 year
Maximum
Lessee, Lease, Description [Line Items]
Operating and finance leases, remaining lease term	6 years

Leases - Supplemental Cash Flow

Leases - Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ (16,299)	$ (16,877)
Operating cash flows from finance leases	(581)	(264)
Financing cash flows from finance leases	(3,692)	(3,158)	$ (7,657)
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	2,236	4,490
Finance leases	$ 8,575	$ 1,808

Leases - Supplemental Balance S

Leases - Supplemental Balance Sheet Information (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Operating Leases
Operating lease right-of-use assets	$ 36,812	$ 46,000
Current operating lease liabilities	13,048	12,033
Operating lease liabilities	30,232	41,713
Total operating lease liabilities	43,280	53,746
Finance Leases
Property, plant and equipment, gross	43,136	40,939
Accumulated depreciation	(23,345)	(24,465)
Property, plant and equipment, net	19,791	16,474
Current finance lease liabilities	2,686	2,854
Finance lease liabilities	5,216	1,416
Total finance lease liabilities	$ 7,902	$ 4,270
Weighted Average Remaining Lease Term
Operating leases	4 years	5 years
Finance leases	2 years 10 months 24 days	2 years 8 months 12 days
Weighted Average Discount Rate
Operating leases	7%	7%
Finance leases	5%	4%
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Property, plant and equipment, net	Property, plant and equipment, net

Leases - Maturities of Lease Li

Leases - Maturities of Lease Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Operating Leases
2023	$ 16,083
2024	15,025
2025	9,286
2026	5,073
2027	3,277
Thereafter	1,232
Total lease payments	49,976
Less imputed interest	(6,696)
Total	43,280	$ 53,746
Finance Leases
2023	3,143
2024	2,802
2025	2,535
2026	165
2027	0
Thereafter	0
Total lease payments	8,645
Less imputed interest	(743)
Total	$ 7,902	$ 4,270

Related Party Transactions (Det

Related Party Transactions (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Jul. 31, 2021	Feb. 29, 2020	Jan. 17, 2020
Related Party Transaction [Line Items]
Additional expenses incurred for other related-party transactions	$ 700,000	$ 900,000	$ 600,000
Accrued expenses and other current liabilities	199,846,000	236,250,000
Monitoring fees		700,000
Face Value	2,704,030,000	2,712,345,000
Blackstone Management Partners L.L.C.
Related Party Transaction [Line Items]
Monitoring fee (percent)						1%
Vivint Gives Back
Related Party Transaction [Line Items]
Accrued expenses and other current liabilities	100,000	100,000
Blackstone Management Partners L.L.C. | Affiliated Entity
Related Party Transaction [Line Items]
Prepaid expenses and other current assets		5,700,000	8,100,000
Blackstone Management Partners L.L.C. | Affiliated Entity | Minimum
Related Party Transaction [Line Items]
Annual monitoring base fee, minimum	2,700,000
Blackstone Management Partners L.L.C. | Blackstone Management Partners LLC Support And Services Agreement | Affiliated Entity
Related Party Transaction [Line Items]
Fee paid for support services by BMP to Company	1,500,000
Expenses from transactions with related party	0	0	$ 0
Blackstone Advisory Partners L.P. | Senior Notes | Affiliated Entity | 2029 Notes
Related Party Transaction [Line Items]
Deferred financing cost, net	3,000,000
Blackstone Advisory Partners L.P. | Senior Notes | Blackstone Management Partners LLC Support And Services Agreement | 2029 Notes
Related Party Transaction [Line Items]
Face Value		18,500,000
Blackstone Advisory Partners L.P. | Term Loan | Affiliated Entity
Related Party Transaction [Line Items]
Deferred financing cost, net				$ 1,300,000
Face Value	284,400,000	201,200,000
Fortress Investment Group | Senior Notes | Affiliated Entity | 2029 Notes
Related Party Transaction [Line Items]
Face Value	23,000,000
Fortress Investment Group | Senior Notes | Affiliated Entity | 2027 Notes
Related Party Transaction [Line Items]
Face Value	11,700,000	11,700,000
Fortress Investment Group | Term Loan | Affiliated Entity
Related Party Transaction [Line Items]
Face Value	$ 135,800,000	$ 119,700,000
Fortress Investment Group | Term Loan | Affiliated Entity | 2029 Notes
Related Party Transaction [Line Items]
Deferred financing cost, net				$ 800,000
Fortress Investment Group | Term Loan | Affiliated Entity | 6.750% Senior Secured Noes Due 2027
Related Party Transaction [Line Items]
Deferred financing cost, net					$ 900,000

Segment Reporting and Busines_3

Segment Reporting and Business Concentrations - (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) Country Segment	Dec. 31, 2021 USD ($) Segment Country	Dec. 31, 2020 USD ($) Segment Country
Segment Reporting Information [Line Items]
Number of operating segments | Segment	1	1	1
Number of geographic regions | Country	2	2	2
Revenues	$ 1,682,490	$ 1,479,388	$ 1,252,267
United States
Segment Reporting Information [Line Items]
Revenues	1,659,617	1,418,700	1,186,218
Canada
Segment Reporting Information [Line Items]
Revenues	$ 22,873	$ 60,688	$ 66,049

Segment Reporting and Busines_4

Segment Reporting and Business Concentrations - Divestiture of Subsidiary (Details) $ in Thousands		12 Months Ended
	Jun. 08, 2022 USD ($) business	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash proceeds received		$ 86,052	$ 0	$ 0
Net gain on divestiture (Included in Other (income) loss, net)		$ 25,051	$ 0	$ 0
Canada Business | Discontinued Operations, Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of businesses sold | business	2
Sales price	$ 104,236
Cash proceeds received	94,200
Escrow deposit	$ 10,000
Escrow agreement period	18 months
Transition service agreement period	24 months
Vivint Canada net assets (including cash of $2,548 and net intercompany balances)	$ (23,639)
Cash divested	2,548
Accumulated other comprehensive income	(26,019)
Vivint Inc. net intercompany balances	(23,814)
Other	(5,713)
Net gain on divestiture (Included in Other (income) loss, net)	$ 25,051

Employee Benefit Plan (Detail)

Employee Benefit Plan (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Postemployment Benefits [Abstract]
Employer matching contribution, percent of employees' gross pay	3%
Employer matching contribution, amount for every employees' dollar contributed	$ 0.50
Employer matching contribution, percent of employees' gross pay for 50% matching for every dollar contributed	2%
Maximum annual contributions per employee, percent	4%
Matching contributions to the plan	$ 7,900,000	$ 10,300,000	$ 4,300,000

Basic and Diluted Net Loss Pe_3

Basic and Diluted Net Loss Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Numerator:
Net loss attributable to common stockholders	$ (51,734)	$ (305,552)	$ (603,331)
Gain on change in fair value of warrants, diluted	0	(50,967)	0
Net loss attributable to common stockholders, diluted (in thousands)	$ (51,734)	$ (356,519)	$ (603,331)
Denominator:
Shares used in computing net loss attributable per share to common stockholders, basic and diluted (in shares)	212,501,938	208,265,631	179,071,278
Weighted-average effect of potentially dilutive shares to purchase common stock (in shares)	0	812,536	0
Shares used in computing net loss attributable per share to common stockholders, diluted	212,501,938	209,078,167	179,071,278
Net loss attributable per share to common stockholders:
Basic (in dollars per share)	$ (0.24)	$ (1.47)	$ (3.37)
Diluted (in dollars per share)	$ (0.24)	$ (1.71)	$ (3.37)

Basic and Diluted Net Loss Pe_4

Basic and Diluted Net Loss Per Share - Schedule of Potentially Antidilutive Securities (Details) - shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Rollover SARs | Rollover Awards
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive shares excluded from computation of basic and diluted earnings per share (in shares)	1,339,423	2,004,712	2,474,011
Rollover LTIPs | Rollover Awards
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive shares excluded from computation of basic and diluted earnings per share (in shares)	0	0	2,316,869
RSUs
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive shares excluded from computation of basic and diluted earnings per share (in shares)	9,595,527	9,570,667	8,692,347
PSUs
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive shares excluded from computation of basic and diluted earnings per share (in shares)	8,950,771	9,643,666	4,877,277
Public warrants
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive shares excluded from computation of basic and diluted earnings per share (in shares)	0	0	878,346
Private placement warrants
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive shares excluded from computation of basic and diluted earnings per share (in shares)	5,933,334	0	5,933,334
Earnout shares reserved for future issuance
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially dilutive shares excluded from computation of basic and diluted earnings per share (in shares)	21,507	24,060	1,260,281