Document And Entity Information - USD ($) | 12 Months Ended | | |
Dec. 31, 2020 | Feb. 28, 2021 | Jun. 30, 2020 |
Document Information Line Items | | | |
Entity Registrant Name | GRID DYNAMICS HOLDINGS, INC. | | |
Trading Symbol | GDYN | | |
Document Type | 10-K/A | | |
Current Fiscal Year End Date | --12-31 | | |
Entity Common Stock, Shares Outstanding | | 53,802,690 | |
Entity Public Float | | | $ 187,000,000 |
Amendment Flag | true | | |
Amendment Description | On
March 5, 2021, Grid Dynamics Holdings, Inc. (“Grid Dynamics,” the “Company,” “we,” “us,”
or “our”) filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2020 (the “Original Filing”)
with the Securities and Exchange Commission (the “SEC”). This Annual Report on Form 10-K/A (the “Amendment”)
is being filed as Amendment No. 1 to the Original Filing for the purposes of including information that was to be incorporated by reference
from our definitive proxy statement pursuant to Regulation 14A of the Securities and Exchange Act of 1934, as amended (the “Exchange
Act”).In
addition, pursuant to the rules of the SEC, we have also included as exhibits currently dated certifications required under Section 302
of The Sarbanes-Oxley Act of 2002. Because no financial statements are contained within this Amendment, we are not including certifications
pursuant to Section 906 of The Sarbanes-Oxley Act of 2002. We are amending and refiling Part IV to reflect the inclusion of
those certifications.Except
as described above, no other changes have been made to the Original Filing. Except as otherwise indicated herein, this Amendment continues
to speak as of the date of the Original Filing, and we have not updated the disclosures contained therein to reflect any events that
occurred subsequent to the date of the Original Filing. The filing of this Amendment is not a representation that any statements contained
in items of the Original Filing other than Part III, Items 10 through 14, are true or complete as of any date subsequent to the
Original Filing.We
note that on April 12, 2021, the Staff of the SEC issued the “Staff Statement on Accounting and Reporting Considerations for Warrants
Issued by Special Purpose Acquisition Companies (“SPACs”)” (the “Staff Statement”). The Staff Statement
provided new guidance for all SPAC-related companies regarding the accounting and reporting for their warrants that could result in the
warrants issued by SPACs being classified as a liability measured at fair value, with non-cash fair value adjustments reported in earnings
at each reporting period. We are in the process of evaluating the applicability and potential impact of the Staff Statement on Grid Dynamics’
approach to accounting for warrants, including the potential impact on our financial statements, and any related impacts to our disclosure
controls and procedures, and internal control over financial reporting. | | |
Entity Central Index Key | 0001743725 | | |
Entity Current Reporting Status | Yes | | |
Entity Voluntary Filers | No | | |
Entity Filer Category | Accelerated Filer | | |
Entity Well-known Seasoned Issuer | No | | |
Document Period End Date | Dec. 31, 2020 | | |
Document Fiscal Year Focus | 2020 | | |
Document Fiscal Period Focus | FY | | |
Entity Small Business | true | | |
Entity Emerging Growth Company | true | | |
Entity Shell Company | false | | |
Entity Ex Transition Period | false | | |
Document Annual Report | true | | |
Document Transition Report | false | | |
Entity File Number | 001-38685 | | |
Entity Incorporation, State or Country Code | DE | | |
Entity Tax Identification Number | 83-0632724 | | |
Entity Address, Address Line One | 5000 Executive Parkway | | |
Entity Address, Address Line Two | Suite 520 | | |
Entity Address, City or Town | San Ramon | | |
Entity Address, State or Province | CA | | |
Entity Address, Postal Zip Code | 94583 | | |
City Area Code | (619) | | |
Local Phone Number | 736-6855 | | |
Title of 12(b) Security | Common Stock, par value $0.0001 per share | | |
Security Exchange Name | NASDAQ | | |
Entity Interactive Data Current | Yes | | |