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CONSOLIDATED STATEMENT OF SHAREHOLDERS' EQUITY (Parenthetical) - $ / shares	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Common Stock
Common stock, par value (USD per share)	$ 0.01
Class B common stock
Common stock, par value (USD per share)	0.01
Class A Voting common stock of Vimeo OpCo
Common stock, par value (USD per share)	0.01	$ 0.01	$ 0.01
Class B Non-Voting common stock of Vimeo OpCo
Common stock, par value (USD per share)	$ 0.01	$ 0.01	$ 0.01

LEASES - Balance Sheet Information (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Assets:
Right-of-use assets	$ 13,534	$ 1,588
Liabilities:
Current lease liabilities	7,299	642
Long-term lease liabilities	6,709	1,027
Total lease liabilities	$ 14,008	$ 1,669
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Other non-current assets	Other non-current assets
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other long-term liabilities	Other long-term liabilities
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Accrued expenses and other current liabilities	Accrued expenses and other current liabilities

FINANCIAL STATEMENT DETAILS - Cash and Cash Equivalents and Restricted Cash (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Cash and cash equivalents	$ 321,900	$ 110,011	$ 1,939	$ 985
Restricted cash included in other current assets	445	26	24	23
Total cash and cash equivalents and restricted cash as shown on the consolidated statement of cash flows	$ 322,345	$ 110,037	$ 1,963	$ 1,008

CONSOLIDATED STATEMENT OF SHAREHOLDERS' EQUITY - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock Common Stock	Common Stock Class B common stock	Common Stock Class A Voting common stock of Vimeo OpCo	Common Stock Class B Non-Voting common stock of Vimeo OpCo	Additional Paid-in-Capital	Accumulated Deficit	Accumulated Other Comprehensive Loss
Balance at beginning of period at Dec. 31, 2018	$ (75,858)			$ 635	$ 528	$ 48,855	$ (125,722)	$ (154)
Balance at beginning of period (in shares) at Dec. 31, 2018				63,488	52,816
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(75,577)						(75,577)
Other comprehensive income (loss)	(78)							(78)
Stock-based compensation expense	5,291					5,291
Amounts related to settlement of equity awards (in shares)				50
Issuance of Vimeo OpCo common stock to IAC/InterActiveCorp in connection with the funding of the Magisto acquisition	168,474			$ 115	$ 132	168,227
Issuance of common stock to IAC/InterActiveCorp in connection with the funding of the Magisto acquisition (in shares)				11,462	13,205
Other	1,381					1,381
Balance at end of period at Dec. 31, 2019	23,633			$ 750	$ 660	223,754	(201,299)	(232)
Balance at end of period (in shares) at Dec. 31, 2019				75,000	66,021
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(50,628)						(50,628)
Other comprehensive income (loss)	145							145
Stock-based compensation expense	11,665					11,665
Amounts related to settlement of equity awards	(20,959)				$ 3	(20,962)
Amounts related to settlement of equity awards (in shares)					264
Issuance of common stock, net of fees	149,600			$ 87		149,513
Issuance of common stock, net of fees (in shares)				8,656
Dividends	(31,082)						(31,082)
Other	2,706					2,706
Balance at end of period at Dec. 31, 2020	85,080	$ 0	$ 0	$ 837	$ 663	366,676	(283,009)	(87)
Balance at end of period (in shares) at Dec. 31, 2020		0	0	83,656	66,285
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(52,767)						(52,767)
Other comprehensive income (loss)	1							1
Stock-based compensation expense	44,893					44,893
Amounts related to settlement of equity awards	(6,877)	$ 18		$ 1		(6,896)
Amounts related to settlement of equity awards (in shares)		1,856		133
Issuance of common stock, net of fees	299,750			$ 90		299,660
Issuance of common stock, net of fees (in shares)				9,000
Exchange of shares related to Spin-off	0	$ 1,500	$ 94	$ (928)	$ (663)	(3)
Exchange of shares related to Spin-off (in shares)		149,981	9,399	(92,789)	(66,285)
Restricted Stock Award	0	$ 49				(49)
Restricted Stock Award (in shares)		4,871
Other	515					515
Balance at end of period at Dec. 31, 2021	$ 370,595	$ 1,567	$ 94	$ 0	$ 0	$ 704,796	$ (335,776)	$ (86)
Balance at end of period (in shares) at Dec. 31, 2021		156,708	9,399	0	0

FINANCIAL STATEMENT DETAILS - Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accrued employee compensation and benefits	$ 23,082	$ 18,881
Due to IAC	12,554	0
Other accrued expenses and current liabilities	31,749	28,551
Accrued expenses and other current liabilities	67,385	47,432
Related Party Transaction [Line Items]
Current lease liabilities	7,299	$ 642
IAC and HomeAdivsor, Inc.
Related Party Transaction [Line Items]
Current lease liabilities	$ 6,100

- Definition

Carrying amount as of the balance sheet date of obligations due all related parties. For classified balance sheets, represents the current portion of such liabilities (due within one year or within the normal operating cycle if longer).

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+ Details

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Dec. 31, 2021

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS


Description	Balance at Beginning of Period		Charges to Earnings			Charges to Other Accounts			Deductions			Balance at End of Period
	(In thousands)
2021
Allowance for credit losses	$	476	$	1,428	(a)	$	—		$	(580)	(b)	$	1,324
Deferred tax valuation allowance	51,689		20,858		(c)	(20,524)		(d)	—			52,023
Other reserves	—											—

2020
Allowance for credit losses	$	273	$	1,834	(a)	$	—		$	(1,631)	(b)	$	476
Deferred tax valuation allowance	35,745		15,946		(c)	(2)		(e)	—			51,689
Other reserves	3											—

2019
Allowance for credit losses	$	180	$	1,245	(a)	$	—		$	(1,152)	(b)	$	273
Deferred tax valuation allowance	17,476		18,269		(c)	—			—			35,745
Other reserves	807											3

_____________________

(a) Additions to the allowance for credit losses are charged to expense.

(b) Write-off of fully reserved accounts receivable.

(d) Amount is due primarily to the decrease in attributes resulting from the Spin-off allocation, partially offset by the acquisition of foreign NOLs.

(e) Amount is due to currency translation adjustments on foreign NOLs.

BUSINESS COMBINATIONS - Narrative (Details)	Dec. 06, 2021
Wibbitz Ltd. and WIREWAX Ltd.
Business Acquisition [Line Items]
Percentage of voting interests acquired (as a percent)	100.00%

LEASES - Lease Expense Income Statement Classification (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Lessee, Lease, Description [Line Items]
Lease expense, net	$ 4,556	$ 1,312	$ 3,902
Operating lease impairment charges			2,100
Cost of revenue
Lessee, Lease, Description [Line Items]
Lease expense, net	304	31	52
Research and development expense
Lessee, Lease, Description [Line Items]
Lease expense, net	1,984	446	413
Sales and marketing expense
Lessee, Lease, Description [Line Items]
Lease expense, net	1,163	187	173
General and administrative expense
Lessee, Lease, Description [Line Items]
Lease expense, net	$ 1,105	$ 648	$ 3,264

FINANCIAL STATEMENT DETAILS - Other (Expense) Income, Net (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Condensed Statements of Operations
Other income (expense), net	$ 10,241	$ 93	$ (6,441)
Gain on sale of investments			2,000
Disposal Group, Held-for-sale, Not Discontinued Operations \| Hardware Business
Condensed Statements of Operations
Gain (loss) on sale of business	$ 10,200		$ (8,200)

INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Schedule of Earnings before Income Taxes

U.S. and foreign (loss) earnings before income taxes are as follows:


	Years Ended December 31,
	2021		2020		2019
	(In thousands)
U.S.	$	(54,085)	$	(52,007)	$	(76,052)
Foreign	2,146		2,207		820
Loss before income taxes	$	(51,939)	$	(49,800)	$	(75,232)

Schedule of Components of Income Tax Provision

The components of the income tax provision are as follows:


	December 31,
	2021		2020		2019
	(In thousands)
Current income tax provision:
Federal	$	52	$	—	$	—
State	85		64		39
Foreign	761		561		242
Current income tax provision	898		625		281

Deferred income tax (benefit) provision:
Federal	(20)		270		—
State	(5)		—		—
Foreign	(45)		(67)		64
Deferred income tax (benefit) provision	(70)		203		64
Income tax provision	$	828	$	828	$	345

Schedule of Deferred Tax Assets and Liabilities

The tax effects of cumulative temporary differences that give rise to significant deferred tax assets and deferred tax liabilities are as follows:


	December 31,
	2021		2020
	(In thousands)
Deferred tax assets:
Net operating loss carryforwards	$	33,897	$	31,721
Tax credit carryforwards	9,066		6,903
Intangible assets with definite lives	2,247		3,992
Disallowed interest carryforwards	227		3,705
Stock-based compensation	5,467		3,013

Other	8,309		5,477
Total deferred tax assets	59,213		54,811
Less: valuation allowance	(52,023)		(51,689)
Net deferred tax assets	7,190		3,122

Deferred tax liabilities:
Prepaid expenses	(3,835)		(2,345)
Leasehold improvements and equipment	(299)		(415)
Right-of-use assets	(2,561)		(343)
Withholding taxes	(506)		(270)
Total deferred tax liabilities	(7,201)		(3,373)
Net deferred tax liability	$	(11)	$	(251)

Composition of Net Operating Loss Carryforwards

The composition of Vimeo's NOLs as of December 31, 2021 is as follows:


	Federal		State		Foreign		Total
	(In thousands)
Subject to expiration (a)	$	27,324	$	53,867	$	—	$	81,191
Indefinite carryforward (b)	65,765		7,466		46,938		120,169
Total NOLs (c)	$	93,089	$	61,333	$	46,938	$	201,360

____________________

(a) Federal and state NOLs will expire at various times from 2033 through 2037 and 2022 through 2041, respectively.

(b) All indefinite carryforward federal NOLs are subject to the Tax Cuts and Jobs Act 80% taxable income limitation.

(C) Federal and state NOLs of $13.6 million and $12.9 million, respectively, are subject to limitations under IRC Section 382, separate return limitations, and applicable law.

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the income tax provision to the amounts computed by applying the statutory federal income tax rate to loss before income taxes is shown as follows:


	Years Ended December 31,
	2021		2020		2019
	(In thousands)
Income tax benefit at the federal statutory rate of 21%	$	(10,907)	$	(10,458)	$	(15,799)
State income taxes, net of effect of federal tax benefit	(138)		(159)		31
Change in valuation allowance	16,883		14,711		16,464
Stock-based compensation	(4,041)		(2,979)		299
Research credit	(2,163)		(1,439)		(1,049)
Transaction costs	698		573		2
Other, net	496		579		397
Income tax provision	$	828	$	828	$	345

Schedule of Unrecognized Tax Benefits Roll Forward

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:


	Years Ended December 31,
	2021		2020		2019
	(In thousands)
Balance at beginning of period	$	1,921	$	1,475	$	1,026
Additions based on tax positions related to prior years	—		538		—
Settlements	(329)		(645)		—
Additions based on tax positions related to the current year	927		553		449
Balance at end of period	$	2,519	$	1,921	$	1,475

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Oct. 01, 2021
Accounting Policies [Abstract]
Amortization of capitalized contract costs	$ 7,100	$ 7,700	$ 5,000
Current capitalized contract costs	3,500	2,700
Non-current capitalized contract costs	6,200	4,900
Current deferred revenue	173,167	137,436
Non-current deferred revenue	1,300	800
Deferred revenue recognized during period	137,000	84,100
Market capitalization				$ 5,000,000
Amount by which market capitalization exceeds carrying value				$ 4,600,000
Advertising expense	$ 87,100	$ 65,400	$ 60,100

LOSS PER SHARE (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Numerator:
Net loss	$ (52,767)	$ (50,628)	$ (75,577)
Denominator:
Denominator for loss per share—weighted average shares, basic (shares)	159,884	159,381	159,381
Denominator for loss per share—weighted average shares, diluted (shares)	159,884	159,381	159,381
Loss per share attributable to common stock shareholders:
Basic loss per share (USD per share)	$ (0.33)	$ (0.32)	$ (0.47)
Diluted loss per share (USD per share)	$ (0.33)	$ (0.32)	$ (0.47)
Potentially dilutive securities excluded from calculation of diluted earnings per share (shares)	25,700

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

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- Definition

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

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+ Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

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+ Details

RELATED PARTY TRANSACTIONS - Carrying Value and Fair Value of Financial Instruments (Details) - IAC - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Carrying Value
Related Party Transaction [Line Items]
Promissory notes - related party	$ 0	$ 94,565
Carrying Value \| Promissory note due on demand—related party
Related Party Transaction [Line Items]
Promissory notes - related party	0	44,565
Carrying Value \| Promissory note due May 2, 2023—related party
Related Party Transaction [Line Items]
Promissory notes - related party	0	50,000
Fair Value
Related Party Transaction [Line Items]
Promissory notes - related party	0	99,110
Fair Value \| Promissory note due on demand—related party
Related Party Transaction [Line Items]
Promissory notes - related party	0	44,565
Fair Value \| Promissory note due May 2, 2023—related party
Related Party Transaction [Line Items]
Promissory notes - related party	$ 0	$ 54,545

FINANCIAL STATEMENT DETAILS

12 Months Ended

Dec. 31, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

FINANCIAL STATEMENT DETAILS

Cash and Cash Equivalents and Restricted Cash

The reconciliation of cash and cash equivalents and restricted cash reported within the consolidated balance sheet to the total amounts shown in the consolidated statement of cash flows is as follows:


	December 31, 2021		December 31, 2020		December 31, 2019		December 31, 2018
	(In thousands)
Cash and cash equivalents	$	321,900	$	110,011	$	1,939	$	985
Restricted cash included in other current assets	445		26		24		23
Total cash and cash equivalents and restricted cash as shown on the consolidated statement of cash flows	$	322,345	$	110,037	$	1,963	$	1,008

Restricted cash at December 31, 2021 primarily consisted of deposits related to a lease and corporate credit cards.

Restricted cash at December 31, 2020, 2019, and 2018 primarily consisted of a deposit related to corporate credit cards.

Prepaid Expenses and Other Current Assets


	December 31,
	2021		2020
	(In thousands)
Prepaid expenses	$	11,377	$	4,027
Other current assets	7,434		3,905
Prepaid expenses and other current assets	$	18,811	$	7,932

Accrued Expenses and Other Current Liabilities


	December 31,
	2021		2020
	(In thousands)
Accrued employee compensation and benefits	$	23,082	$	18,881
Due to IAC (a)	12,554		—
Other accrued expenses and current liabilities	31,749		28,551
Accrued expenses and other current liabilities	$	67,385	$	47,432

____________________

(a) As of December 31, 2021, includes $6.1 million related to the operating lease agreements as described in "Note 14 —Related Party Transactions."

Other Income (Expense), net


	Years Ended December 31,
	2021		2020		2019
	(In thousands)
Other income (expense), net	$	10,241	$	93	$	(6,441)

Other income (expense), net, generally relates to net foreign exchange gains and losses.

Other income (expense), net in 2021 also included a net gain of $10.2 million related to the sale of Vimeo’s retained interest in its former hardware business. Vimeo previously sold live streaming devices and accessories through its former hardware business. Vimeo retained an interest in its former hardware business after it sold a majority stake on March 29, 2019 that provided it with rights to participate in and receive distributions in the event of positive cash flows or proceeds should there be another sale of the business. In the first quarter of 2021, the former hardware business, inclusive of Vimeo's retained

interest, was sold in exchange for cash consideration which includes amounts held in escrow. Vimeo may receive additional consideration based on the revenue of its former hardware business relative to established targets through December 31, 2021. Such amounts will be recognized as income only if, and at the point in time, any additional consideration is received, or when it becomes probable that additional consideration will be received.

Other income (expense), net in 2019 also included a realized loss of $8.2 million related to the sale of the Company's majority stake in its former hardware business in 2020 and a $2.0 million realized gain on the sale of an investment.

Supplemental Disclosure of Cash Flow Information


	Years Ended December 31,
	2021		2020		2019
	(In thousands)
Cash paid (received) during the year for:
Interest	$	5,064	$	10,653	$	6,529
Income tax payments	$	801	$	957	103
Income tax refunds	$	(62)	$	(70)	—

Geographic Concentrations

Geographic information about revenue and long-lived assets is presented below.

Revenue by geography is based on where the customer is located. The United States is the only country whose revenue is greater than 10 percent of total revenue of the Company for the years ended December 31, 2021, 2020, and 2019.


	Years Ended December 31,
	2021		2020		2019
	(In thousands)
Revenue:
United States	$	197,576	$	139,826	$	100,275
All other countries	194,102		143,392		95,740
Total	$	391,678	$	283,218	$	196,015

Long-lived assets, excluding goodwill, intangible assets with definite lives and ROU assets, at December 31, 2021 and December 31, 2020 relate to "Leasehold improvements and equipment, net."


	December 31,
	2021		2020
	(In thousands)
Leasehold improvements and equipment, net:
United States	$	1,901	$	2,549
All other countries	967		772
Total	$	2,868	$	3,321

FINANCIAL STATEMENT DETAILS (Tables)

12 Months Ended

Dec. 31, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Cash and Cash Equivalents


	December 31, 2021		December 31, 2020		December 31, 2019		December 31, 2018
	(In thousands)
Cash and cash equivalents	$	321,900	$	110,011	$	1,939	$	985
Restricted cash included in other current assets	445		26		24		23
Total cash and cash equivalents and restricted cash as shown on the consolidated statement of cash flows	$	322,345	$	110,037	$	1,963	$	1,008

Schedule of Restricted Cash


	December 31, 2021		December 31, 2020		December 31, 2019		December 31, 2018
	(In thousands)
Cash and cash equivalents	$	321,900	$	110,011	$	1,939	$	985
Restricted cash included in other current assets	445		26		24		23
Total cash and cash equivalents and restricted cash as shown on the consolidated statement of cash flows	$	322,345	$	110,037	$	1,963	$	1,008

Schedule of Prepaid Expenses and Other Current Assets


	December 31,
	2021		2020
	(In thousands)
Prepaid expenses	$	11,377	$	4,027
Other current assets	7,434		3,905
Prepaid expenses and other current assets	$	18,811	$	7,932

Schedule of Accrued Expenses and Other Current Liabilities


	December 31,
	2021		2020
	(In thousands)
Accrued employee compensation and benefits	$	23,082	$	18,881
Due to IAC (a)	12,554		—
Other accrued expenses and current liabilities	31,749		28,551
Accrued expenses and other current liabilities	$	67,385	$	47,432

____________________

(a) As of December 31, 2021, includes $6.1 million related to the operating lease agreements as described in "Note 14 —Related Party Transactions."

Schedule of Other (Expense) Income, Net


	Years Ended December 31,
	2021		2020		2019
	(In thousands)
Other income (expense), net	$	10,241	$	93	$	(6,441)

Schedule of Supplemental Disclosure of Cash Flow Information


	Years Ended December 31,
	2021		2020		2019
	(In thousands)
Cash paid (received) during the year for:
Interest	$	5,064	$	10,653	$	6,529
Income tax payments	$	801	$	957	103
Income tax refunds	$	(62)	$	(70)	—

Schedule of Revenue and Long-lived Assets by Geographic Area

Geographic information about revenue and long-lived assets is presented below.


	Years Ended December 31,
	2021		2020		2019
	(In thousands)
Revenue:
United States	$	197,576	$	139,826	$	100,275
All other countries	194,102		143,392		95,740
Total	$	391,678	$	283,218	$	196,015

Long-lived assets, excluding goodwill, intangible assets with definite lives and ROU assets, at December 31, 2021 and December 31, 2020 relate to "Leasehold improvements and equipment, net."


	December 31,
	2021		2020
	(In thousands)
Leasehold improvements and equipment, net:
United States	$	1,901	$	2,549
All other countries	967		772
Total	$	2,868	$	3,321

LEASES (Tables)

12 Months Ended

Dec. 31, 2021

Leases [Abstract]

Schedule of Supplemental Balance Sheet Information of Leases

The ROU assets and lease liabilities on the consolidated balance sheet are as follows:


		December 31,
Leases	Balance Sheet Classification	2021		2020
		(In thousands)
Assets:
Right-of-use assets	Other non-current assets	$	13,534	$	1,588

Liabilities:
Current lease liabilities	Accrued expenses and other current liabilities	$	7,299	$	642
Long-term lease liabilities	Other long-term liabilities	6,709		1,027
Total lease liabilities		$	14,008	$	1,669

Schedule of Lease Cost and Other Information

Components of lease expense are as follows:


	Years Ended December 31,
Lease Expense	2021		2020		2019
	(In thousands)
Fixed (a)	$	3,884	$	957	$	3,770
Short-term	553		273		214
Variable	119		143		72
Sublease income	—		(61)		(154)
Total lease expense, net	$	4,556	$	1,312	$	3,902


	Years Ended December 31,
Lease Expense Income Statement Classification	2021		2020		2019
	(In thousands)
Cost of revenue	$	304	$	31	$	52
Research and development expense	1,984		446		413
Sales and marketing expense	1,163		187		173
General and administrative expense (a)	1,105		648		3,264
Total lease expense, net	$	4,556	$	1,312	$	3,902

_____________________

(a) Fixed lease expense (included in "General and administrative expense") includes approximately $2.1 million of lease impairment charges in the year ended December 31, 2019.

Other information related to leases is as follows:


	Years Ended December 31,
	2021		2020		2019
	(In thousands)
Other Information:
Right-of-use assets obtained in exchange for lease liabilities	$	15,654	$	1,322	$	829
Cash paid for amounts included in the measurement of lease liabilities	$	3,543	$	3,601	$	1,778

Schedule of Maturities of Operating Lease Liabilities

Maturities of lease liabilities as of December 31, 2021 (in thousands) (b) are as follows:


Years Ended December 31,	(In thousands)
2022	$	7,294
2023	4,339
2024	838
2025	860
2026	527
Thereafter	416
Total	14,274
Less: interest	(266)
Total lease liabilities	$	14,008

_____________________

(b) As of December 31, 2021, the Company had no legally binding minimum lease payments for leases signed but not yet commenced.

Schedule of Weighted-Average Lease Term and Discount Rate of Leases

The weighted average assumptions used for lease term and discount rate are as follows:


	December 31,
	2021		2020		2019
Remaining lease term	2.60 years		2.73 years		3.69 years
Discount rate	3.1	%	2.97	%	5.63	%

FINANCIAL STATEMENT DETAILS - Other Current Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Prepaid expenses	$ 11,377	$ 4,027
Other current assets	7,434	3,905
Prepaid expenses and other current assets	$ 18,811	$ 7,932

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

12 Months Ended

Dec. 31, 2021

Accounting Policies [Abstract]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Accounting Estimates

Management of Vimeo is required to make certain estimates, judgments and assumptions during the preparation of its consolidated financial statements in accordance with GAAP that affect the amounts reported in the consolidated financial statements and footnotes thereto. Actual results could differ from these estimates.

Significant estimates and judgments inherent in the preparation of the consolidated financial statements include those related to: the carrying value of accounts receivable, including the determination of the allowance for credit losses; the determination of the estimated customer relationship period for certain costs to obtain a contract with a customer; the carrying value of right-of-use assets ("ROU assets"); the useful lives and recoverability of intangible assets with definite lives; the recoverability of goodwill; contingencies; unrecognized tax benefits; the valuation allowance for deferred income tax assets; and the fair value of and forfeiture rates for stock-based awards, among others. Vimeo bases its estimates, judgments and assumptions on historical experience, its forecasts and budgets and other factors that Vimeo considers relevant.

Revenue Recognition

Vimeo's revenue is derived primarily from SaaS subscription fees paid by customers for self-serve and sales-assisted subscription plans (formerly referred to as "enterprise subscription plans"). Revenue, in the amount that reflects the consideration Vimeo expects to be entitled to, is recognized on a straight-line basis over the contractual term of the arrangement beginning on the date that the service is made available to the customer. Subscription periods generally range from one month to three years with the most common being an annual subscription and are generally non-cancellable.

Vimeo's disaggregated revenue disclosures are presented in "Note 16—Financial Statement Details."

Vimeo accounts for a contract with a customer when it has approval and commitment from all parties, the rights of the parties and payment terms are identified, the contract has commercial substance and collectability of consideration is probable. Revenue is recognized when control of the promised services or goods is transferred to Vimeo's customers and in an amount that reflects the consideration Vimeo expects to be entitled to in exchange for those services or goods.

Practical Expedients and Exemptions

As permitted under the practical expedient available under Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers, Vimeo does not disclose the value of unsatisfied performance obligations for (i) contracts with an original expected length of one year or less, (ii) contracts with variable consideration that is allocated entirely to unsatisfied performance obligations or to a wholly unsatisfied promise accounted for under the series guidance, and (iii) contracts for which Vimeo recognizes revenue at the amount which Vimeo has the right to invoice for services performed.

Transaction Price

The objective of determining the transaction price is to estimate the amount of consideration Vimeo is due in exchange for its services or goods. Vimeo determines the total transaction price at contract inception and reassesses this estimate each reporting period.

Vimeo excludes from the measurement of transaction price all taxes assessed by governmental authorities that are both (i) imposed on and concurrent with a specific revenue-producing transaction and (ii) collected from customers. Accordingly, these taxes are not included as a component of revenue or cost of revenue.

For contracts that have an original duration of one year or less, Vimeo does not consider the time value of money applicable to such contracts.

Arrangements with Multiple Performance Obligations

Vimeo’s contracts with customers may include multiple performance obligations. For such arrangements, Vimeo allocates revenue to each performance obligation based on its relative standalone selling price. Vimeo generally determines

standalone selling prices based on the prices charged to customers, which are directly observable or based on an estimate if not directly observable.

Assets Recognized from the Costs to Obtain a Contract with a Customer

Vimeo has determined that certain costs, primarily commissions paid to employees pursuant to certain sales incentive programs and mobile app store fees, meet the requirements to be capitalized as a cost of obtaining a contract. Commissions paid to employees pursuant to certain sales incentive programs are amortized over the estimated customer relationship period. Vimeo calculates the estimated customer relationship period as the average customer life, which is based on historical data. When customer renewals are expected and the renewal commission is not commensurate with the initial commission, the average customer life includes renewal periods. For sales incentive programs where the customer relationship period is one year or less, Vimeo has elected the practical expedient to expense the costs as incurred. Vimeo capitalizes and amortizes mobile app store fees over the term of the applicable subscription.

During the years ended December 31, 2021, 2020, and 2019, Vimeo recognized expense of $7.1 million, $7.7 million, and $5.0 million related to the amortization of these costs. The current contract asset balances are $3.5 million and $2.7 million at December 31, 2021 and 2020, respectively. The non-current contract asset balances are $6.2 million and $4.9 million at December 31, 2021 and 2020, respectively. The current and non-current contract assets are included in "Prepaid expenses and other current assets" and "Other non-current assets," respectively, in the accompanying consolidated balance sheet.

Deferred Revenue

Deferred revenue consists of payments that are received or are contractually due in advance of Vimeo's performance. Vimeo’s deferred revenue is reported on a contract by contract basis at the end of each reporting period. Vimeo classifies deferred revenue as current when the term of the applicable subscription period or expected completion of its performance obligation is one year or less. The current and non-current deferred revenue balances at December 31, 2021 were $173.2 million and $1.3 million, respectively. Non-current deferred revenue is included in "Other long-term liabilities" in the accompanying consolidated balance sheet. The current and non-current deferred revenue balances at December 31, 2020 were $137.4 million and $0.8 million, respectively. During the year ended December 31, 2021, Vimeo recognized $137.0 million of revenue that was included in the deferred revenue balance as of December 31, 2020. During the year ended December 31, 2020, the Company recognized $84.1 million of revenue that was included in the deferred revenue balance as of December 31, 2019.

Cash and Cash Equivalents

Cash and cash equivalents include cash and short-term investments, with maturities of less than 91 days from the date of purchase. Domestically, cash equivalents primarily consist of AAA rated government money market funds. Internationally, cash equivalents consist of time deposits. Prior to the November 10, 2020 equity sale, Vimeo participated in IAC's centrally managed U.S. treasury function in which IAC swept Vimeo's domestic cash. Cash and cash equivalents are principally maintained with financial institutions and are in excess of Federal Deposit Insurance Corporation insurance limits.

Accounts Receivable, Net of Allowance for Credit Losses

Accounts receivable includes amounts billed and currently due from customers. Vimeo maintains an allowance for credit losses to provide for the estimated amount of accounts receivable that will not be collected. The allowance for credit losses is based upon a number of factors, including the length of time accounts receivable are past due, Vimeo’s previous loss history and the specific customer’s ability to pay its obligation. The time between Vimeo's issuance of an invoice and payment due date is not significant; customer payments that are not collected in advance of the transfer of promised services or goods are generally due no later than 30 days from invoice date.

The changes in the allowance for credit losses are as follows:


	Year Ended December 31, 2021		Year Ended December 31, 2020
	(In thousands)
Balance at beginning of period	$	476	$	273
Provision for credit losses	1,428		1,834
Write-offs charged against the allowance	(1,268)		(1,645)
Recoveries collected	699		14
Other	(11)		—
Balance at end of period	$	1,324	$	476

Leasehold Improvements and Equipment

Leasehold improvements and equipment are recorded at cost. Depreciation of leasehold improvements and equipment is computed using the straight-line method over the estimated useful lives of the assets, or, in the case of leasehold improvements, the lease term, if shorter. Repairs and maintenance costs are expensed as incurred. Leasehold improvements and equipment, net is as follows:


	December 31,				Estimated Useful Lives
	2021		2020
	(In thousands)
Leasehold improvements	$	3,498	$	3,276	Shorter of lease term or 10 Years
Computer and other equipment	961		757		2 to 10 Years
Total leasehold improvements and equipment	4,459		4,033
Accumulated depreciation and amortization	(1,591)		(712)
Leasehold improvements and equipment, net	$	2,868	$	3,321

Leases

Vimeo leases office space used in connection with its operations under various operating leases, the majority of which contain escalation clauses.

ROU assets represent Vimeo’s right to use the underlying assets for the lease term and lease liabilities represent the present value of Vimeo’s obligation to make payments arising from these leases. ROU assets and related lease liabilities are based on the present value of fixed lease payments over the lease term using the Company's incremental borrowing rates on the lease commencement date or January 1, 2019 for leases that commenced prior to that date. Vimeo combines the lease and non-lease components of lease payments in determining ROU assets and related lease liabilities. If the lease includes one or more options to extend the term of the lease, the renewal option is considered in the lease term if it is reasonably certain Vimeo will exercise the option(s). Lease expense is recognized on a straight-line basis over the term of the lease. Vimeo has elected not to record leases with an initial term of twelve months or less on the accompanying consolidated balance sheet.

Variable lease payments consist primarily of common area maintenance, utilities and taxes, which are not included in the recognition of ROU assets and related lease liabilities. Vimeo’s lease agreements do not contain any material residual value guarantees or material restrictive covenants.

Business Combinations

The allocation of purchase price to the assets acquired and liabilities assumed is based upon their fair values on the acquisition date, including identifiable intangible assets that either arise from a contractual or legal right or are separable from goodwill. Vimeo generally uses the assistance of outside valuation experts to assist in the allocation of purchase price to the

identifiable intangible assets acquired. While outside valuation experts may be used, management has ultimate responsibility for the valuation methods, models and inputs used and the resulting purchase price allocation. The excess purchase price over the value of net tangible and identifiable intangible assets acquired is recorded as goodwill.

Goodwill

Vimeo assesses goodwill for impairment annually as of October 1 or more frequently if an event occurs or circumstances change that would more likely than not reduce its fair value below its carrying value. Goodwill is tested for impairment at the reporting unit level which is either an “operating segment,” or one level below, which is referred to as a “component.” The level at which the impairment test is performed requires judgment as to whether there are multiple operating segments and/or components, and if so, whether their operations are similar such that they should be aggregated for purposes of the impairment test. For purposes of performing the 2021 impairment test, management has determined that there is one operating segment and no components below that level, which results in a single reporting unit at the overall Vimeo level for purposes of testing goodwill for impairment.

When Vimeo elects to perform a qualitative assessment and concludes it is not more likely than not that its fair value is less than its carrying value, no further assessment of goodwill is necessary; otherwise, a quantitative assessment is performed and the fair value of Vimeo is determined. If the carrying value of Vimeo exceeds its fair value, an impairment equal to the excess is recorded.

For Vimeo's annual goodwill test at October 1, 2021, a qualitative assessment of goodwill was performed because Vimeo concluded it was more likely than not that its fair value was in excess of its carrying value. The primary factor that the Company considered in determining that no impairment exists was that Vimeo’s October 1, 2021 market capitalization of $5.0 billion exceeded its carrying value by approximately $4.6 billion.

Long-Lived Assets with Definite Lives

Long-lived assets (which consist of ROU assets, leasehold improvements and equipment, and intangible assets) with definite lives, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable. The carrying value of a long-lived asset is not recoverable if it exceeds the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset. If the carrying value is deemed not to be recoverable, an impairment loss is recorded equal to the amount by which the carrying value of the long-lived asset exceeds its fair value. Amortization of definite-lived intangible assets is based on the pattern in which the economic benefits of the asset are expected to be realized, which is generally on a straight-line basis.

Fair Value Measurements

Vimeo categorizes its financial instruments measured at fair value into a fair value hierarchy that prioritizes the inputs used in pricing the asset or liability. The three levels of the fair value hierarchy are:

•Level 1: Observable inputs obtained from independent sources, such as quoted market prices for identical assets and liabilities in active markets.

•Level 2: Other inputs, which are observable directly or indirectly, such as quoted market prices for similar assets or liabilities in active markets, quoted market prices for identical or similar assets or liabilities in markets that are not active and inputs that are derived principally from or corroborated by observable market data. The fair values of Vimeo's Level 2 financial assets are primarily obtained from observable market prices for identical underlying securities that may not be actively traded. Certain of these securities may have different market prices from multiple market data sources, in which case an average market price is used.

•Level 3: Unobservable inputs for which there is little or no market data and for which Vimeo must develop its own assumptions, based on the best information available in the circumstances, about the inputs that market participants would use in pricing the assets or liabilities. See "Note 6—Financial Instruments and Fair Value Measurements" for a discussion of fair value measurements made using Level 3 inputs.

Advertising Costs

Advertising costs are expensed when incurred (when the advertisement first runs for production costs that are initially capitalized) and represent online marketing, including fees paid to search engines, social media sites, e-mail campaigns, display advertising, video advertising and affiliate marketing, and offline marketing, which is primarily conferences and events. Advertising expense was $87.1 million, $65.4 million, and $60.1 million for the years ended December 31, 2021, 2020, and 2019, respectively.

Income Taxes

Vimeo is included within IAC’s tax group for purposes of federal and consolidated state income tax return filings through the Spin-off. For all periods presented, the income tax provision was computed on an as if standalone, separate tax return basis.

Vimeo accounts for income taxes under the liability method, and deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying values of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled. A valuation allowance is provided if it is determined that it is more likely than not that the deferred tax asset will not be realized. Vimeo records interest, net of any applicable related income tax benefit, on potential income tax contingencies as a component of income tax provision.

Vimeo evaluates and accounts for uncertain tax positions using a two-step approach. Recognition (step one) occurs when Vimeo concludes that a tax position, based solely on its technical merits, is more-likely-than-not to be sustainable upon examination. Measurement (step two) determines the amount of benefit that is greater than 50% likely to be realized upon ultimate settlement with a taxing authority that has full knowledge of all relevant information. De-recognition of a tax position that was previously recognized would occur when Vimeo subsequently determines that a tax position no longer meets the more-likely-than-not threshold of being sustained.

Loss per Share

Basic loss or earnings per share is computed by dividing net loss or earnings by the weighted average number of common shares outstanding during the period. Diluted earnings per share reflects the potential dilution that could occur from stock-based awards. Given that Vimeo has reported a loss for each of the years ended December 31, 2021, 2020, and 2019, the effect of any potentially dilutive securities, such as the Company's stock-based awards, would be anti-dilutive, and therefore are excluded from the computation of diluted loss per share. See "Note 11—Loss per Share" for additional information on dilutive securities.

Foreign Currency

The functional currency of foreign entities is generally the local currency. Functional currency denominated (i) assets and liabilities are translated at the rates of exchange as of the balance sheet date, and (ii) revenue and expenses of these operations are translated at average rates of exchange during the period. Translation gains and losses are included in accumulated other comprehensive income as a component of shareholders' equity. Transaction gains and losses resulting from assets and liabilities denominated in a currency other than the functional currency are included in the consolidated statement of operations as a component of "Other income (expense), net".

Stock-Based Compensation

Vimeo measures and recognizes compensation expense, net of estimated forfeitures for all stock‑based awards based on the grant date fair value of the award. Stock-based compensation expense is recognized ratably over the vesting period, and in the case of performance-based SARs, over the vesting period when the performance targets are probable of being achieved. Estimated forfeitures are based on an analysis of historical forfeitures and revised, if necessary, in subsequent periods if actual forfeitures differ from the estimated rate.

The grant-date fair value of a RSU is determined based on the closing sale price of the Company’s common stock on the date of grant. The fair value of a SAR or performance-based SAR is estimated using the Black‑Scholes option‑pricing model, which requires the use of subjective assumptions to determine the inputs to the model, which include estimating the expected term from grant date to exercise, the expected volatility of the underlying shares, the risk‑free interest rates and the expected dividend yield. See "Note 10—Stock-Based Compensation" for additional information.

Recent Accounting Pronouncements

ASU 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers

Vimeo adopted ASU No. 2021-08 effective October 28, 2021. ASU No. 2021-08 amends ASC 805 to add contract assets and contract liabilities to the list of exceptions to the recognition and measurement principles that apply to business combinations and to require that an acquirer recognize and measure contract assets and contract liabilities acquired in a business combination in accordance with Topic 606. The adoption of ASU No. 2021-08 did not have a material impact on Vimeo's consolidated financial statements.

Reclassifications

Certain prior year amounts have been reclassified to conform to the current year presentation.

INCOME TAXES - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
INCOME TAXES - Narrative (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Income Taxes [Line Items]
Tax credit carryforwards	$ 11,500
Increase in valuation allowance	300
Deferred tax assets, valuation allowance	52,023	$ 51,689
Unrecognized tax benefits	2,519	$ 1,921	$ 1,475	$ 1,026
Research Tax Credit Carryforward
Income Taxes [Line Items]
Tax credit carryforwards	9,500
Foreign Tax Credit Carryforward
Income Taxes [Line Items]
Tax credit carryforwards	$ 2,000

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Allowance for credit losses
Movement in Valuation Allowances and Reserves
Balance at beginning of period	$ 476	$ 273	$ 180
Charges to Earnings	1,428	1,834	1,245
Charges to Other Accounts	0	0	0
Deductions	(580)	(1,631)	(1,152)
Balance at end of period	1,324	476	273
Deferred tax valuation allowance
Movement in Valuation Allowances and Reserves
Balance at beginning of period	51,689	35,745	17,476
Charges to Earnings	20,858	15,946	18,269
Charges to Other Accounts	(20,524)	(2)	0
Deductions	0	0	0
Balance at end of period	52,023	51,689	35,745
Other reserves
Movement in Valuation Allowances and Reserves
Balance at beginning of period	0	3	807
Balance at end of period	$ 0	$ 0	$ 3

CONSOLIDATED STATEMENT OF COMPREHENSIVE OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Statement of Comprehensive Income [Abstract]
Net loss	$ (52,767)	$ (50,628)	$ (75,577)
Other comprehensive income (loss):
Change in foreign currency translation adjustments	1	145	(78)
Total other comprehensive income (loss)	1	145	(78)
Comprehensive loss	$ (52,766)	$ (50,483)	$ (75,655)

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

+ Details

- Definition

Amount after tax and reclassification adjustments of other comprehensive income (loss).

+ References

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+ Details

LOSS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Loss per Share

The computation of basic and diluted loss per share attributable to common shareholders is as follows:


	Years Ended December 31,
	2021		2020		2019
	(In thousands, except per share data)
Numerator:
Net loss	$	(52,767)	$	(50,628)	$	(75,577)

Denominator: (a) (b) (c)


Denominator for earnings per share—weighted average shares	159,884		159,381		159,381

Loss per share attributable to common stock shareholders:
Loss per share	$	(0.33)	$	(0.32)	$	(0.47)

_____________________

(a) Vimeo Restricted Shares were included in shares of common stock issued and outstanding at December 31, 2021 in the accompanying consolidated balance sheet, but were excluded from the computation of shares outstanding for EPS purposes because the number of shares that ultimately vest is subject to the satisfaction of the conditions described in "Note 1 0 —Stock-Based Compensation."

(b) For the year ended December 31, 2021, approximately 25.7 million potentially dilutive equity awards were excluded from the computation of diluted EPS because the impact would have been anti-dilutive.

(c) Weighted average basic and dilutive shares outstanding for the years ended December 31, 2020 and 2019 reflect Vimeo's outstanding shares immediately after the completion of the Spin-off as described in "Note 1—Organization and Basis of Presentation."

FAIR VALUE MEASUREMENTS - Schedule of Financial Instruments (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Assets:
Cash equivalents		$ 105,396,000
Liabilities:
Contingent consideration arrangements	$ 12,200,000	0
Quoted Market Prices for Identical Assets in Active Markets (Level 1)
Assets:
Cash equivalents		104,852,000
Liabilities:
Contingent consideration arrangements	0
Significant Other Observable Inputs (Level 2)
Assets:
Cash equivalents		544,000
Liabilities:
Contingent consideration arrangements	0
Significant Unobservable Inputs (Level 3)
Assets:
Cash equivalents		0
Liabilities:
Contingent consideration arrangements	12,200,000
Money market funds
Assets:
Cash equivalents	305,836,000	104,852,000
Money market funds \| Quoted Market Prices for Identical Assets in Active Markets (Level 1)
Assets:
Cash equivalents	305,836,000	104,852,000
Money market funds \| Significant Other Observable Inputs (Level 2)
Assets:
Cash equivalents	0	0
Money market funds \| Significant Unobservable Inputs (Level 3)
Assets:
Cash equivalents	$ 0	0
Time deposits
Assets:
Cash equivalents		544,000
Time deposits \| Quoted Market Prices for Identical Assets in Active Markets (Level 1)
Assets:
Cash equivalents		0
Time deposits \| Significant Other Observable Inputs (Level 2)
Assets:
Cash equivalents		544,000
Time deposits \| Significant Unobservable Inputs (Level 3)
Assets:
Cash equivalents		$ 0

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	Dec. 31, 2021
Accounting Policies [Abstract]
Description of Business	Description of Business Vimeo is the world’s leading all-in-one video software solution, providing the full breadth of video tools through a software-as-a-service model. Vimeo’s comprehensive and cloud-based tools empower its users to create, collaborate and communicate with video on a single, turnkey platform. As used herein, "Vimeo," "we," "our" or "us" and similar terms in these consolidated financial statements refer to Vimeo, Inc. (formerly Vimeo Holdings, Inc.) and its subsidiaries (unless the context requires otherwise).
Basis of Presentation and Consolidation	Basis of Presentation and Consolidation The accompanying consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles ("GAAP") and with the rules and regulations of the Securities and Exchange Commission ("SEC"). The accompanying consolidated financial statements include all the assets, liabilities, revenues, expenses and cash flows of entities in which Vimeo has a controlling interest ("subsidiaries"), and in the opinion of management, include all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation. All intercompany balances and transactions between and among Vimeo and its subsidiaries have been eliminated. All related party balances between Vimeo and IAC and its subsidiaries, other than borrowings from and principal payments to certain IAC subsidiaries, are reflected in the accompanying consolidated balance sheet within "Accrued expenses and other current liabilities" and "Other long-term liabilities". Outstanding borrowings as of December 31, 2020, related to amounts evidenced by notes between Vimeo and certain IAC subsidiaries, are reflected in the accompanying consolidated balance sheet as "Promissory notes due on demand—related party" and "Long-term debt—related party." All related party transactions between Vimeo and IAC and its subsidiaries, other than amounts related to the settlement of equity awards and borrowings from and principal payments to certain IAC subsidiaries, are reflected in the accompanying consolidated statement of cash flows as operating activities. Amounts related to the settlement of equity awards and borrowings from and principal payments to certain IAC subsidiaries, are reflected in the accompanying consolidated statement of cash flows as financing activities. Prior to the Spin-off, the consolidated financial statements of Vimeo OpCo and subsidiaries were prepared on a standalone basis and were derived from the historical accounting records of Vimeo OpCo and IAC. The accompanying consolidated financial statements reflect the historical financial position, results of operations and cash flows of Vimeo and its subsidiaries since their respective dates of acquisition by Vimeo and the allocation to Vimeo of certain IAC corporate expenses relating to Vimeo based on the historical accounting records of IAC. The allocation of certain IAC corporate expenses is reflected in the accompanying consolidated balance sheet within "Additional paid-in-capital." Additionally, income taxes were computed for Vimeo on an as if standalone, separate tax return basis and payments to and refunds from IAC for Vimeo’s share of IAC’s consolidated state tax return liabilities have been reflected within cash flows from operating activities in the accompanying consolidated statement of cash flows. In management’s opinion, the assumptions underlying the historical consolidated financial statements of Vimeo, including the basis on which the expenses have been allocated from IAC, are reasonable. However, these allocations may not reflect the expenses that Vimeo would have incurred as an independent, standalone company for the periods presented.
Accounting Estimates	Accounting Estimates Management of Vimeo is required to make certain estimates, judgments and assumptions during the preparation of its consolidated financial statements in accordance with GAAP that affect the amounts reported in the consolidated financial statements and footnotes thereto. Actual results could differ from these estimates. Significant estimates and judgments inherent in the preparation of the consolidated financial statements include those related to: the carrying value of accounts receivable, including the determination of the allowance for credit losses; the determination of the estimated customer relationship period for certain costs to obtain a contract with a customer; the carrying value of right-of-use assets ("ROU assets"); the useful lives and recoverability of intangible assets with definite lives; the recoverability of goodwill; contingencies; unrecognized tax benefits; the valuation allowance for deferred income tax assets; and the fair value of and forfeiture rates for stock-based awards, among others. Vimeo bases its estimates, judgments and assumptions on historical experience, its forecasts and budgets and other factors that Vimeo considers relevant.
Revenue Recognition	Revenue Recognition Vimeo's revenue is derived primarily from SaaS subscription fees paid by customers for self-serve and sales-assisted subscription plans (formerly referred to as "enterprise subscription plans"). Revenue, in the amount that reflects the consideration Vimeo expects to be entitled to, is recognized on a straight-line basis over the contractual term of the arrangement beginning on the date that the service is made available to the customer. Subscription periods generally range from one month to three years with the most common being an annual subscription and are generally non-cancellable. Vimeo's disaggregated revenue disclosures are presented in "Note 16—Financial Statement Details." Vimeo accounts for a contract with a customer when it has approval and commitment from all parties, the rights of the parties and payment terms are identified, the contract has commercial substance and collectability of consideration is probable. Revenue is recognized when control of the promised services or goods is transferred to Vimeo's customers and in an amount that reflects the consideration Vimeo expects to be entitled to in exchange for those services or goods. Practical Expedients and Exemptions As permitted under the practical expedient available under Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers, Vimeo does not disclose the value of unsatisfied performance obligations for (i) contracts with an original expected length of one year or less, (ii) contracts with variable consideration that is allocated entirely to unsatisfied performance obligations or to a wholly unsatisfied promise accounted for under the series guidance, and (iii) contracts for which Vimeo recognizes revenue at the amount which Vimeo has the right to invoice for services performed. Transaction Price The objective of determining the transaction price is to estimate the amount of consideration Vimeo is due in exchange for its services or goods. Vimeo determines the total transaction price at contract inception and reassesses this estimate each reporting period. Vimeo excludes from the measurement of transaction price all taxes assessed by governmental authorities that are both (i) imposed on and concurrent with a specific revenue-producing transaction and (ii) collected from customers. Accordingly, these taxes are not included as a component of revenue or cost of revenue. For contracts that have an original duration of one year or less, Vimeo does not consider the time value of money applicable to such contracts. Arrangements with Multiple Performance Obligations Vimeo’s contracts with customers may include multiple performance obligations. For such arrangements, Vimeo allocates revenue to each performance obligation based on its relative standalone selling price. Vimeo generally determines standalone selling prices based on the prices charged to customers, which are directly observable or based on an estimate if not directly observable. Assets Recognized from the Costs to Obtain a Contract with a Customer Vimeo has determined that certain costs, primarily commissions paid to employees pursuant to certain sales incentive programs and mobile app store fees, meet the requirements to be capitalized as a cost of obtaining a contract. Commissions paid to employees pursuant to certain sales incentive programs are amortized over the estimated customer relationship period. Vimeo calculates the estimated customer relationship period as the average customer life, which is based on historical data. When customer renewals are expected and the renewal commission is not commensurate with the initial commission, the average customer life includes renewal periods. For sales incentive programs where the customer relationship period is one year or less, Vimeo has elected the practical expedient to expense the costs as incurred. Vimeo capitalizes and amortizes mobile app store fees over the term of the applicable subscription. During the years ended December 31, 2021, 2020, and 2019, Vimeo recognized expense of $7.1 million, $7.7 million, and $5.0 million related to the amortization of these costs. The current contract asset balances are $3.5 million and $2.7 million at December 31, 2021 and 2020, respectively. The non-current contract asset balances are $6.2 million and $4.9 million at December 31, 2021 and 2020, respectively. The current and non-current contract assets are included in "Prepaid expenses and other current assets" and "Other non-current assets," respectively, in the accompanying consolidated balance sheet. Deferred Revenue Deferred revenue consists of payments that are received or are contractually due in advance of Vimeo's performance. Vimeo’s deferred revenue is reported on a contract by contract basis at the end of each reporting period. Vimeo classifies deferred revenue as current when the term of the applicable subscription period or expected completion of its performance obligation is one year or less. The current and non-current deferred revenue balances at December 31, 2021 were $173.2 million and $1.3 million, respectively. Non-current deferred revenue is included in "Other long-term liabilities" in the accompanying consolidated balance sheet. The current and non-current deferred revenue balances at December 31, 2020 were $137.4 million and $0.8 million, respectively. During the year ended December 31, 2021, Vimeo recognized $137.0 million of revenue that was included in the deferred revenue balance as of December 31, 2020. During the year ended December 31, 2020, the Company recognized $84.1 million of revenue that was included in the deferred revenue balance as of December 31, 2019.
Cash and Cash Equivalents	Cash and Cash EquivalentsCash and cash equivalents include cash and short-term investments, with maturities of less than 91 days from the date of purchase. Domestically, cash equivalents primarily consist of AAA rated government money market funds. Internationally, cash equivalents consist of time deposits. Prior to the November 10, 2020 equity sale, Vimeo participated in IAC's centrally managed U.S. treasury function in which IAC swept Vimeo's domestic cash. Cash and cash equivalents are principally maintained with financial institutions and are in excess of Federal Deposit Insurance Corporation insurance limits.
Accounts Receivables, Net of Allowance for Credit Losses	Accounts Receivable, Net of Allowance for Credit Losses Accounts receivable includes amounts billed and currently due from customers. Vimeo maintains an allowance for credit losses to provide for the estimated amount of accounts receivable that will not be collected. The allowance for credit losses is based upon a number of factors, including the length of time accounts receivable are past due, Vimeo’s previous loss history and the specific customer’s ability to pay its obligation. The time between Vimeo's issuance of an invoice and payment due date is not significant; customer payments that are not collected in advance of the transfer of promised services or goods are generally due no later than 30 days from invoice date.
Leasehold Improvements and Equipment	Leasehold Improvements and EquipmentLeasehold improvements and equipment are recorded at cost. Depreciation of leasehold improvements and equipment is computed using the straight-line method over the estimated useful lives of the assets, or, in the case of leasehold improvements, the lease term, if shorter. Repairs and maintenance costs are expensed as incurred.
Leases	Leases Vimeo leases office space used in connection with its operations under various operating leases, the majority of which contain escalation clauses. ROU assets represent Vimeo’s right to use the underlying assets for the lease term and lease liabilities represent the present value of Vimeo’s obligation to make payments arising from these leases. ROU assets and related lease liabilities are based on the present value of fixed lease payments over the lease term using the Company's incremental borrowing rates on the lease commencement date or January 1, 2019 for leases that commenced prior to that date. Vimeo combines the lease and non-lease components of lease payments in determining ROU assets and related lease liabilities. If the lease includes one or more options to extend the term of the lease, the renewal option is considered in the lease term if it is reasonably certain Vimeo will exercise the option(s). Lease expense is recognized on a straight-line basis over the term of the lease. Vimeo has elected not to record leases with an initial term of twelve months or less on the accompanying consolidated balance sheet. Variable lease payments consist primarily of common area maintenance, utilities and taxes, which are not included in the recognition of ROU assets and related lease liabilities. Vimeo’s lease agreements do not contain any material residual value guarantees or material restrictive covenants.
Business Combinations	Business Combinations The allocation of purchase price to the assets acquired and liabilities assumed is based upon their fair values on the acquisition date, including identifiable intangible assets that either arise from a contractual or legal right or are separable from goodwill. Vimeo generally uses the assistance of outside valuation experts to assist in the allocation of purchase price to the identifiable intangible assets acquired. While outside valuation experts may be used, management has ultimate responsibility for the valuation methods, models and inputs used and the resulting purchase price allocation. The excess purchase price over the value of net tangible and identifiable intangible assets acquired is recorded as goodwill.
Goodwill	Goodwill Vimeo assesses goodwill for impairment annually as of October 1 or more frequently if an event occurs or circumstances change that would more likely than not reduce its fair value below its carrying value. Goodwill is tested for impairment at the reporting unit level which is either an “operating segment,” or one level below, which is referred to as a “component.” The level at which the impairment test is performed requires judgment as to whether there are multiple operating segments and/or components, and if so, whether their operations are similar such that they should be aggregated for purposes of the impairment test. For purposes of performing the 2021 impairment test, management has determined that there is one operating segment and no components below that level, which results in a single reporting unit at the overall Vimeo level for purposes of testing goodwill for impairment. When Vimeo elects to perform a qualitative assessment and concludes it is not more likely than not that its fair value is less than its carrying value, no further assessment of goodwill is necessary; otherwise, a quantitative assessment is performed and the fair value of Vimeo is determined. If the carrying value of Vimeo exceeds its fair value, an impairment equal to the excess is recorded. For Vimeo's annual goodwill test at October 1, 2021, a qualitative assessment of goodwill was performed because Vimeo concluded it was more likely than not that its fair value was in excess of its carrying value. The primary factor that the Company considered in determining that no impairment exists was that Vimeo’s October 1, 2021 market capitalization of $5.0 billion exceeded its carrying value by approximately $4.6 billion.
Long-Lived Assets with definite Lives	Long-Lived Assets with Definite Lives Long-lived assets (which consist of ROU assets, leasehold improvements and equipment, and intangible assets) with definite lives, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable. The carrying value of a long-lived asset is not recoverable if it exceeds the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset. If the carrying value is deemed not to be recoverable, an impairment loss is recorded equal to the amount by which the carrying value of the long-lived asset exceeds its fair value. Amortization of definite-lived intangible assets is based on the pattern in which the economic benefits of the asset are expected to be realized, which is generally on a straight-line basis.
Fair Value Measurements	Fair Value Measurements Vimeo categorizes its financial instruments measured at fair value into a fair value hierarchy that prioritizes the inputs used in pricing the asset or liability. The three levels of the fair value hierarchy are: •Level 1: Observable inputs obtained from independent sources, such as quoted market prices for identical assets and liabilities in active markets. •Level 2: Other inputs, which are observable directly or indirectly, such as quoted market prices for similar assets or liabilities in active markets, quoted market prices for identical or similar assets or liabilities in markets that are not active and inputs that are derived principally from or corroborated by observable market data. The fair values of Vimeo's Level 2 financial assets are primarily obtained from observable market prices for identical underlying securities that may not be actively traded. Certain of these securities may have different market prices from multiple market data sources, in which case an average market price is used. •Level 3: Unobservable inputs for which there is little or no market data and for which Vimeo must develop its own assumptions, based on the best information available in the circumstances, about the inputs that market participants would use in pricing the assets or liabilities.
Advertising Costs	Advertising Costs Advertising costs are expensed when incurred (when the advertisement first runs for production costs that are initially capitalized) and represent online marketing, including fees paid to search engines, social media sites, e-mail campaigns, display advertising, video advertising and affiliate marketing, and offline marketing, which is primarily conferences and events.
Income Taxes	Income Taxes Vimeo is included within IAC’s tax group for purposes of federal and consolidated state income tax return filings through the Spin-off. For all periods presented, the income tax provision was computed on an as if standalone, separate tax return basis. Vimeo accounts for income taxes under the liability method, and deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying values of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled. A valuation allowance is provided if it is determined that it is more likely than not that the deferred tax asset will not be realized. Vimeo records interest, net of any applicable related income tax benefit, on potential income tax contingencies as a component of income tax provision. Vimeo evaluates and accounts for uncertain tax positions using a two-step approach. Recognition (step one) occurs when Vimeo concludes that a tax position, based solely on its technical merits, is more-likely-than-not to be sustainable upon examination. Measurement (step two) determines the amount of benefit that is greater than 50% likely to be realized upon ultimate settlement with a taxing authority that has full knowledge of all relevant information. De-recognition of a tax position that was previously recognized would occur when Vimeo subsequently determines that a tax position no longer meets the more-likely-than-not threshold of being sustained.
Loss Per Share	Loss per ShareBasic loss or earnings per share is computed by dividing net loss or earnings by the weighted average number of common shares outstanding during the period. Diluted earnings per share reflects the potential dilution that could occur from stock-based awards. Given that Vimeo has reported a loss for each of the years ended December 31, 2021, 2020, and 2019, the effect of any potentially dilutive securities, such as the Company's stock-based awards, would be anti-dilutive, and therefore are excluded from the computation of diluted loss per share.
Foreign Currency	Foreign Currency The functional currency of foreign entities is generally the local currency. Functional currency denominated (i) assets and liabilities are translated at the rates of exchange as of the balance sheet date, and (ii) revenue and expenses of these operations are translated at average rates of exchange during the period. Translation gains and losses are included in accumulated other comprehensive income as a component of shareholders' equity. Transaction gains and losses resulting from assets and liabilities denominated in a currency other than the functional currency are included in the consolidated statement of operations as a component of "Other income (expense), net".
Stock-Based Compensation	Stock-Based Compensation Vimeo measures and recognizes compensation expense, net of estimated forfeitures for all stock‑based awards based on the grant date fair value of the award. Stock-based compensation expense is recognized ratably over the vesting period, and in the case of performance-based SARs, over the vesting period when the performance targets are probable of being achieved. Estimated forfeitures are based on an analysis of historical forfeitures and revised, if necessary, in subsequent periods if actual forfeitures differ from the estimated rate. The grant-date fair value of a RSU is determined based on the closing sale price of the Company’s common stock on the date of grant. The fair value of a SAR or performance-based SAR is estimated using the Black‑Scholes option‑pricing model, which requires the use of subjective assumptions to determine the inputs to the model, which include estimating the expected term from grant date to exercise, the expected volatility of the underlying shares, the risk‑free interest rates and the expected dividend yield.
Recent Accounting Pronouncements	Recent Accounting Pronouncements ASU 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers Vimeo adopted ASU No. 2021-08 effective October 28, 2021. ASU No. 2021-08 amends ASC 805 to add contract assets and contract liabilities to the list of exceptions to the recognition and measurement principles that apply to business combinations and to require that an acquirer recognize and measure contract assets and contract liabilities acquired in a business combination in accordance with Topic 606. The adoption of ASU No. 2021-08 did not have a material impact on Vimeo's consolidated financial statements.
Reclassifications	Reclassifications Certain prior year amounts have been reclassified to conform to the current year presentation.

BENEFIT PLANS	12 Months Ended
BENEFIT PLANS	Dec. 31, 2021
Retirement Benefits [Abstract]
BENEFIT PLANS	BENEFIT PLANS Until December 31, 2021, Vimeo employees in the United States could elect to participate in the IAC/InterActiveCorp Retirement Savings Plan ("the IAC Plan"), which is a retirement savings program in the United States that qualifies under Section 401(k) of the Internal Revenue Code. Under the IAC Plan, participating employees may contribute up to 50% of their pre-tax earnings, but not more than statutory limits. Prior to July 2019, the Company contributed an amount equal to 50% of the first 6% of compensation that a participant contributes in each payroll period to the IAC Plan. In June 2019, IAC approved a change to the matching contribution to 100% of the first 10% of an employee's eligible compensation, subject to IRS limits on the employer matching contribution maximum, that a participant contributes to the IAC Plan. Vimeo incurred costs related to matching contributions to the IAC Plan of $5.1 million, $3.5 million, and $2.0 million for the years ended December 31, 2021, 2020, and 2019, respectively. Matching contributions are invested in the same manner as each participant's voluntary contributions in the investment options provided under the IAC Plan. An investment option in the IAC Plan is IAC common stock, but neither participant nor matching contributions are required to be invested in IAC common stock. The increase in matching contributions in 2020 is due primarily to the aforementioned change in the employer matching contribution. Beginning January 1, 2022, all investments in the IAC Plan were transferred to the Vimeo Retirement Savings Plan (the “Vimeo Plan”). The employer match under the Vimeo Plan will continue to be 100% of the first 10% of a participant’s eligible earnings, subject to IRS limits on the Company’s matching contribution that a participant contributes to the Vimeo Plan. Under the Vimeo Plan, the Company’s common stock is not an available investment option. Vimeo also has or participates in various benefit plans, primarily defined contribution plans, for its international employees. Vimeo incurred costs related to contributions to these plans of $1.5 million, $0.9 million, and $0.6 million for the years ended December 31, 2021, 2020, and 2019, respectively

SUBSEQUENT EVENTS - Narrative (Details)	Feb. 25, 2022 USD ($)
Subsequent Event
Subsequent Event [Line Items]
Stock repurchase, authorized amount (up to)	$ 50,000,000

INCOME TAXES - Components of Income Tax Provision (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Current income tax provision:
Federal	$ 52
State	85	$ 64	$ 39
Foreign	761	561	242
Current income tax provision	898	625	281
Deferred income tax (benefit) provision:
Federal	(20)	270
State	(5)
Foreign	(45)	(67)	64
Deferred income tax (benefit) provision	(70)	203	64
Income tax provision	$ 828	$ 828	$ 345

RELATED PARTY TRANSACTIONS (Tables)

12 Months Ended

Dec. 31, 2021

Fair Value of Financial Instruments, Related Parties

The carrying value and the estimated fair value of debt—related party, which is measured at fair value only for disclosure purposes, are as follows:


	December 31, 2021				December 31, 2020
	Carrying Value		Fair Value		Carrying Value		Fair Value
	(In thousands)
Promissory note due on demand—related party	$	—	$	—	$	44,565	$	44,565
Promissory note due May 2, 2023—related party	—		—		50,000		54,545
Total debt—related party	$	—	$	—	$	94,565	$	99,110

LOSS PER SHARE

12 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

LOSS PER SHARE

Vimeo common stock and Class B common stock are treated as one class of common stock for earnings per share ("EPS") purposes as both classes of common stock participate in earnings, dividends and other distributions on the same basis. The Vimeo Restricted Shares are participating securities because these shares are unvested and have a non-forfeitable dividend right in the event the Company declares a cash dividend to common shareholders and participates in all other distributions of the Company in the same manner as all other Vimeo common shareholders. No allocation of undistributed losses has been made as the Vimeo Restricted Shares do not participate in losses of the Company.

The computation of basic and diluted loss per share attributable to common shareholders is as follows:


	Years Ended December 31,
	2021		2020		2019
	(In thousands, except per share data)
Numerator:
Net loss	$	(52,767)	$	(50,628)	$	(75,577)

Denominator: (a) (b) (c)


Denominator for earnings per share—weighted average shares	159,884		159,381		159,381

Loss per share attributable to common stock shareholders:
Loss per share	$	(0.33)	$	(0.32)	$	(0.47)

_____________________

SHAREHOLDERS' EQUITY (Details) $ / shares in Units, $ in Millions		1 Months Ended	12 Months Ended
	Nov. 10, 2020 USD ($) $ / shares shares	Jan. 31, 2021 USD ($) $ / shares shares	Dec. 31, 2021 vote shares	May 25, 2021 shares	Dec. 31, 2020 shares
Sale of Equity Capital
Shareholders' Equity [Line Items]
Proceeds raised from sale of equity capital \| $	$ 150.0	$ 300.0
Common Stock
Shareholders' Equity [Line Items]
Percentage of directors that can be elected by holders of Vimeo common stock			0.25
Votes per each share of stock \| vote			1
Common stock authorized (in shares) \| shares			1,600,000,000	1,600,000,000
Class B common stock
Shareholders' Equity [Line Items]
Votes per each share of stock \| vote			10
Common stock authorized (in shares) \| shares			400,000,000	400,000,000
Class A Voting common stock of Vimeo OpCo
Shareholders' Equity [Line Items]
Common stock authorized (in shares) \| shares					150,000,000
Class A Voting common stock of Vimeo OpCo \| Sale of Equity Capital
Shareholders' Equity [Line Items]
Number of shares issued in sale of equity capital (in shares) \| shares	8,700,000
Price per share of stock issued in sale of equity capital (in dollars per share) \| $ / shares	$ 17.33
Enterprise valuation of Vimeo \| $	$ 2,750.0
Class A Voting common stock of Vimeo OpCo \| Sale of Equity Capital, First Raise
Shareholders' Equity [Line Items]
Proceeds raised from sale of equity capital \| $		$ 200.0
Number of shares issued in sale of equity capital (in shares) \| shares		6,200,000
Price per share of stock issued in sale of equity capital (in dollars per share) \| $ / shares		$ 32.41
Enterprise valuation of Vimeo \| $		$ 5,200.0
Class A Voting common stock of Vimeo OpCo \| Sale of Equity Capital, Second Raise
Shareholders' Equity [Line Items]
Proceeds raised from sale of equity capital \| $		$ 100.0
Number of shares issued in sale of equity capital (in shares) \| shares		2,800,000
Price per share of stock issued in sale of equity capital (in dollars per share) \| $ / shares		$ 35.35
Enterprise valuation of Vimeo \| $		$ 5,700.0

ORGANIZATION AND BASIS OF PRESENTATION	12 Months Ended
ORGANIZATION AND BASIS OF PRESENTATION	Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND BASIS OF PRESENTATION	ORGANIZATION AND BASIS OF PRESENTATION Description of Business Vimeo is the world’s leading all-in-one video software solution, providing the full breadth of video tools through a software-as-a-service model. Vimeo’s comprehensive and cloud-based tools empower its users to create, collaborate and communicate with video on a single, turnkey platform. As used herein, "Vimeo," "we," "our" or "us" and similar terms in these consolidated financial statements refer to Vimeo, Inc. (formerly Vimeo Holdings, Inc.) and its subsidiaries (unless the context requires otherwise). Spin-off On May 25, 2021, Vimeo completed its separation from IAC/InterActiveCorp ("IAC") through a series of transactions (which we refer to as the “Spin-off”) that resulted in the pre-transaction stockholders of IAC directly owning shares in both IAC and Vimeo, and in Vimeo becoming a separately traded public company. The Spin-off was structured to include the following steps: •Certain restructuring transactions, including, among other things, the transfer to Vimeo of IAC’s equity interests in Vimeo.com, Inc. ("Vimeo OpCo," formerly known as Vimeo, Inc.), and the repayment by Vimeo OpCo of all outstanding intercompany debt owed to IAC and its subsidiaries (other than Vimeo OpCo’s subsidiaries). •Amending IAC’s certificate of incorporation to provide for: ◦the reclassification of each share of IAC common stock, par value $0.001 into (i) one share of IAC common stock, par value $0.0001 and (ii) 1/100th of a share of IAC Series 1 mandatorily exchangeable preferred stock that was automatically exchanged for a number of shares of Vimeo common stock equal to an exchange ratio of 1.6235 (the "Spin-off Exchange Ratio," with holders receiving cash in lieu of any fractional shares of Vimeo common stock resulting, after aggregation, from the reclassification); and ◦the reclassification of each share of IAC Class B common stock, par value $0.001 into (i) one share of IAC Class B common stock, par value $0.0001 and (ii) 1/100th of a share of IAC Series 2 mandatorily exchangeable preferred stock that was automatically exchanged for a number of shares of Vimeo Class B common stock equal to the Spin-off Exchange Ratio (with holders receiving cash in lieu of any fractional shares of Vimeo Class B common stock resulting, after aggregation, from the reclassification). •The effectiveness of certain other amendments to IAC's certificate of incorporation. Prior to the Spin-off, IAC indirectly owned approximately 88% of Vimeo OpCo's outstanding shares, with the remaining Vimeo OpCo shares held by third parties. In connection with the Spin-off, the Vimeo OpCo shareholders agreement required IAC to cause the conversion of the Vimeo OpCo shares held by such non-IAC Vimeo OpCo stockholders into Vimeo common stock, which we refer to as the “Vimeo minority exchange.” The shareholders agreement also required that the non-IAC Vimeo OpCo stockholders be compensated (in the form of additional Vimeo equity) for dilution resulting from the issuance of Vimeo options in respect of vested IAC employee option awards that were adjusted in the Spin-off. Each such Vimeo OpCo shareholder was compensated for their ratable portion of 50% of the intrinsic value of the Vimeo options so issued, measured at the time of the Spin-off. The Vimeo Merger, as defined below, was completed pre-market on May 25, 2021 and satisfied these obligations. On the terms and subject to the conditions of the Agreement and Plan of Merger, as amended and restated on March 12, 2021 (the “Vimeo Merger Agreement”), following the Spin-off on May 25, 2021, Stream Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Vimeo (“Merger Sub”) merged with and into Vimeo OpCo, with Vimeo OpCo surviving as a wholly-owned subsidiary of Vimeo (the “Vimeo Merger”). Each share of Vimeo OpCo capital stock held prior to the Vimeo Merger by a non-IAC Vimeo OpCo stockholder was converted into 1.0143 ("Vimeo Merger Exchange Ratio") shares of Vimeo common stock (with holders receiving cash in lieu of any fractional shares of Vimeo common stock resulting, after aggregation, from the Vimeo Merger). Additionally, each restricted stock unit ("RSU") corresponding to shares of Vimeo OpCo ("Vimeo OpCo RSU") was converted into an RSU corresponding to shares of Vimeo common stock (“Vimeo RSU”), with the number of shares covered by such Vimeo RSU equal to the number of shares covered by the Vimeo OpCo RSU times the Vimeo Merger Exchange Ratio. Each stock appreciation right ("SAR") corresponding to shares of Vimeo OpCo (“Vimeo OpCo SAR”) was converted into a SAR corresponding to shares of Vimeo common stock (“Vimeo SAR”), with the number of shares covered by such Vimeo SAR equal to the number of shares covered by the Vimeo OpCo SAR times the Vimeo Merger Exchange Ratio and the per share exercise price of such Vimeo SAR equal to the per share exercise price of the Vimeo OpCo SAR divided by the Vimeo Merger Exchange Ratio. Basis of Presentation and Consolidation The accompanying consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles ("GAAP") and with the rules and regulations of the Securities and Exchange Commission ("SEC"). The accompanying consolidated financial statements include all the assets, liabilities, revenues, expenses and cash flows of entities in which Vimeo has a controlling interest ("subsidiaries"), and in the opinion of management, include all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation. All intercompany balances and transactions between and among Vimeo and its subsidiaries have been eliminated. All related party balances between Vimeo and IAC and its subsidiaries, other than borrowings from and principal payments to certain IAC subsidiaries, are reflected in the accompanying consolidated balance sheet within "Accrued expenses and other current liabilities" and "Other long-term liabilities". Outstanding borrowings as of December 31, 2020, related to amounts evidenced by notes between Vimeo and certain IAC subsidiaries, are reflected in the accompanying consolidated balance sheet as "Promissory notes due on demand—related party" and "Long-term debt—related party." All related party transactions between Vimeo and IAC and its subsidiaries, other than amounts related to the settlement of equity awards and borrowings from and principal payments to certain IAC subsidiaries, are reflected in the accompanying consolidated statement of cash flows as operating activities. Amounts related to the settlement of equity awards and borrowings from and principal payments to certain IAC subsidiaries, are reflected in the accompanying consolidated statement of cash flows as financing activities. Prior to the Spin-off, the consolidated financial statements of Vimeo OpCo and subsidiaries were prepared on a standalone basis and were derived from the historical accounting records of Vimeo OpCo and IAC. The accompanying consolidated financial statements reflect the historical financial position, results of operations and cash flows of Vimeo and its subsidiaries since their respective dates of acquisition by Vimeo and the allocation to Vimeo of certain IAC corporate expenses relating to Vimeo based on the historical accounting records of IAC. The allocation of certain IAC corporate expenses is reflected in the accompanying consolidated balance sheet within "Additional paid-in-capital." Additionally, income taxes were computed for Vimeo on an as if standalone, separate tax return basis and payments to and refunds from IAC for Vimeo’s share of IAC’s consolidated state tax return liabilities have been reflected within cash flows from operating activities in the accompanying consolidated statement of cash flows. In management’s opinion, the assumptions underlying the historical consolidated financial statements of Vimeo, including the basis on which the expenses have been allocated from IAC, are reasonable. However, these allocations may not reflect the expenses that Vimeo would have incurred as an independent, standalone company for the periods presented.

SUBSEQUENT EVENT	12 Months Ended
SUBSEQUENT EVENT	Dec. 31, 2021
Subsequent Events [Abstract]
SUBSEQUENT EVENT	SUBSEQUENT EVENT On February 25, 2022, the Board of Directors authorized a stock repurchase program of up to $50 million of the Company’s common stock through open market or private transactions. Under the stock repurchase authorization, we may repurchase shares of our common stock at any time or from time to time, without prior notice, subject to market conditions and other considerations, as determined by our management. Our repurchases may be made through 10b5-1 plans, open market purchases, privately negotiated transactions, block purchases or other transactions. No date has been established for the completion of the stock repurchase program. We intend to fund repurchases under the repurchase program from cash on hand. We have no obligation to repurchase any shares under the repurchase program and may suspend or discontinue it at any time.

GOODWILL AND INTANGIBLE ASSETS WITH DEFINITE LIVES - Intangible Assets with Definite Lives (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Intangible assets with definite lives
Gross Carrying Amount	$ 50,700	$ 44,700
Accumulated Amortization	(39,692)	(33,846)
Total	$ 11,008	$ 10,854
Weighted-Average Useful Life (Years)	3 years 6 months	3 years 7 months 6 days
Developed technology
Intangible assets with definite lives
Gross Carrying Amount	$ 26,500	$ 25,500
Accumulated Amortization	(22,026)	(19,418)
Total	$ 4,474	$ 6,082
Weighted-Average Useful Life (Years)	3 years 6 months	3 years 7 months 6 days
Customer relationships
Intangible assets with definite lives
Gross Carrying Amount	$ 21,200	$ 16,200
Accumulated Amortization	(14,666)	(11,837)
Total	$ 6,534	$ 4,363
Weighted-Average Useful Life (Years)	3 years 9 months 18 days	3 years 10 months 24 days
Trade names
Intangible assets with definite lives
Gross Carrying Amount	$ 3,000	$ 3,000
Accumulated Amortization	$ (3,000)	(2,591)
Total		$ 409
Weighted-Average Useful Life (Years)	1 year 8 months 12 days	1 year 8 months 12 days

FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2021

Fair Value Disclosures [Abstract]

Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis

Vimeo's financial instruments that are measured at fair value on a recurring basis are as follows:


	December 31, 2021
	Quoted Market Prices for Identical Assets in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total Fair Value Measurements
	(In thousands)
Assets:
Cash equivalents:
Money market funds	$	305,836	$	—	$	—	$	305,836



Liabilities:
Contingent consideration arrangements	$	—	$	—	$	12,200	$	12,200


	December 31, 2020
	Quoted Market Prices for Identical Assets in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total Fair Value Measurements
	(In thousands)
Assets:
Cash equivalents:
Money market funds	$	104,852	$	—	$	—	$	104,852
Time deposits	—		544		—		544
Total	$	104,852	$	544	$	—	$	105,396

Schedule of Financial Instruments Measured at Fair Value on a Recurring Basis using Significant Unobservable Inputs

The changes in the Company's financial instruments that are measured at fair value on a recurring basis using significant unobservable inputs (Level 3) are as follows:


	Year Ended December 31, 2021
	(In thousands)
Balance at beginning of period	$	—
Fair value at date of acquisition	12,200
Total net losses (gains):
Included in operating loss	—
Settlements	—
Balance at end of period	$	12,200

INCOME TAXES - Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns
Balance at beginning of period	$ 1,921	$ 1,475	$ 1,026
Additions based on tax positions related to prior years	0	538	0
Settlements	(329)	(645)	0
Additions based on tax positions related to the current year	927	553	449
Balance at end of period	$ 2,519	$ 1,921	$ 1,475

FAIR VALUE MEASUREMENTS

12 Months Ended

Dec. 31, 2021

Fair Value Disclosures [Abstract]

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTSVimeo's financial instruments that are measured at fair value on a recurring basis are as follows:


	December 31, 2021
	Quoted Market Prices for Identical Assets in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total Fair Value Measurements
	(In thousands)
Assets:
Cash equivalents:
Money market funds	$	305,836	$	—	$	—	$	305,836



Liabilities:
Contingent consideration arrangements	$	—	$	—	$	12,200	$	12,200


	December 31, 2020
	Quoted Market Prices for Identical Assets in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total Fair Value Measurements
	(In thousands)
Assets:
Cash equivalents:
Money market funds	$	104,852	$	—	$	—	$	104,852
Time deposits	—		544		—		544
Total	$	104,852	$	544	$	—	$	105,396

Vimeo's non-financial assets, such as goodwill, intangible assets with definite lives, ROU assets and leasehold improvements and equipment, are adjusted to fair value only if an impairment is recognized. Such fair value measurements are based predominantly on Level 3 inputs.

The changes in the Company's financial instruments that are measured at fair value on a recurring basis using significant unobservable inputs (Level 3) are as follows:


	Year Ended December 31, 2021
	(In thousands)
Balance at beginning of period	$	—
Fair value at date of acquisition	12,200
Total net losses (gains):
Included in operating loss	—
Settlements	—
Balance at end of period	$	12,200

Contingent Consideration Arrangements

At December 31, 2021, the Company has two outstanding contingent consideration arrangements related to business combinations. The maximum contingent payments related to these arrangements is $25.0 million.

These contingent consideration arrangements are based upon financial performance and the satisfaction of certain integration milestones. The fair value of each of these contingent consideration arrangements is sensitive to changes in the expected achievement of the financial targets and integration milestones, if applicable. The fair value of each of the contingent consideration arrangements was determined by using probability weighted analyses to determine the amount of estimated payments, discounted to fair value by applying a discount rate that appropriately captures the risk associated with the obligation. The Company remeasures the fair value of each contingent consideration arrangement each reporting period and any adjustments are recognized in "General and administrative expense" in the accompanying consolidated statement of operations. The non-current contingent consideration liability balance at December 31, 2021 was $12.2 million and is included in "Other long-term liabilities" in the accompanying consolidated balance sheet. There is no contingent consideration liability outstanding at December 31, 2020.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

ACCUMULATED OTHER COMPREHENSIVE LOSS

12 Months Ended

Dec. 31, 2021

Equity [Abstract]

ACCUMULATED OTHER COMPREHENSIVE LOSS

Accumulated other comprehensive loss consists of foreign currency translation adjustments is shown as follows:


	Years Ended December 31,
	2021		2020		2019
	(In thousands)
Balance at beginning of period	$	(87)	$	(232)	$	(154)
Other comprehensive income (loss)	1		145		(78)
Balance at end of period	$	(86)	$	(87)	$	(232)

At December 31, 2021, 2020, and 2019, there was no tax benefit or provision on the accumulated other comprehensive loss.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2021

Accounting Policies [Abstract]

Schedule of Changes in Allowance for Credit Losses

The changes in the allowance for credit losses are as follows:


	Year Ended December 31, 2021		Year Ended December 31, 2020
	(In thousands)
Balance at beginning of period	$	476	$	273
Provision for credit losses	1,428		1,834
Write-offs charged against the allowance	(1,268)		(1,645)
Recoveries collected	699		14
Other	(11)		—
Balance at end of period	$	1,324	$	476

Schedule of Leasehold Improvements and Equipment, net

Leasehold improvements and equipment, net is as follows:


	December 31,				Estimated Useful Lives
	2021		2020
	(In thousands)
Leasehold improvements	$	3,498	$	3,276	Shorter of lease term or 10 Years
Computer and other equipment	961		757		2 to 10 Years
Total leasehold improvements and equipment	4,459		4,033
Accumulated depreciation and amortization	(1,591)		(712)
Leasehold improvements and equipment, net	$	2,868	$	3,321

BUSINESS COMBINATIONS	12 Months Ended
BUSINESS COMBINATIONS	Dec. 31, 2021
Business Combination and Asset Acquisition [Abstract]
BUSINESS COMBINATIONS	BUSINESS COMBINATIONSOn November 10, 2021 and December 6, 2021, Vimeo completed the acquisitions of 100% of the equity interests of Wibbitz Ltd. ("Wibbitz"), a leading enterprise video creation suite, and WIREWAX Ltd. ("WIREWAX"), a leader in interactive and shoppable video, respectively. The aggregate purchase price of both acquisitions consisted of cash consideration and contingent consideration, based on a combination of certain financial metrics and integration milestones. Due to the timing of the acquisitions, the Company’s purchase accounting related to the valuation of the contingent consideration arrangements, intangible assets, and goodwill, is not yet complete and subject to revision.

GOODWILL AND INTANGIBLE ASSETS WITH DEFINITE LIVES

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND INTANGIBLE ASSETS WITH DEFINITE LIVES

Goodwill and intangible assets with definite lives, net are as follows:


	December 31,
	2021		2020
	(In thousands)
Goodwill	$	242,586	$	219,337
Intangible assets with definite lives, net of accumulated amortization	11,008		10,854
Total goodwill and intangible assets with definite lives, net	$	253,594	$	230,191

The changes in the carrying value of goodwill for the years ended December 31, 2021 and 2020 are as follows:


	Years Ended December 31,
	2021		2020
	(In thousands)
Balance at beginning of period	$	219,337	$	219,374
Additions (a)	23,249		—
Deductions	—		(37)
Balance at end of period	$	242,586	$	219,337

____________________

(a) 2021 additions relate to the acquisitions of Wibbitz and WIREWAX.

At December 31, 2021 and 2020, intangible assets with definite lives are as follows:


	December 31, 2021
	Gross Carrying Amount		Accumulated Amortization		Net		Weighted-Average Useful Life (Years)
	(In thousands)
Developed technology	$	26,500	$	(22,026)	$	4,474	3.5
Customer relationships	21,200		(14,666)		6,534		3.8


Trade names	3,000		(3,000)		—		1.7

Total	$	50,700	$	(39,692)	$	11,008	3.5


	December 31, 2020
	Gross Carrying Amount		Accumulated Amortization		Net		Weighted-Average Useful Life (Years)
	(In thousands)
Developed technology	$	25,500	$	(19,418)	$	6,082	3.6
Customer relationships	16,200		(11,837)		4,363		3.9


Trade names	3,000		(2,591)		409		1.7

Total	$	44,700	$	(33,846)	$	10,854	3.6

At December 31, 2021, amortization of intangible assets with definite lives is estimated to be as follows:


Years Ending December 31,	(In thousands)
2022	$	5,906
2023	3,116
2024	1,361
2025	625


Total	$	11,008

CONTINGENCIES - Narrative (Details)				1 Months Ended	72 Months Ended
CONTINGENCIES - Narrative (Details)	Jun. 02, 2019 EUR (€)	Jan. 15, 2019 EUR (€)	Sep. 18, 2013 video	Dec. 31, 2009 lawsuit video	Dec. 31, 2017 lawsuit
EMI/Capitol Records Copyright Infringement Litigation
Contingencies [Line Items]
Number of lawsuits \| lawsuit				2
Number of videos			199	199
EMI/Capitol Records Copyright Infringement Litigation \| Partial Summary Judgement
Contingencies [Line Items]
Number of videos			144
EMI/Capitol Records Copyright Infringement Litigation \| Judicial Ruling
Contingencies [Line Items]
Number of videos			20
Amended number of videos			1,500
EMI/Capitol Records Copyright Infringement Litigation \| Denied Summary Judgement
Contingencies [Line Items]
Number of videos			35
RTI Copyright Litigation
Contingencies [Line Items]
Number of lawsuits \| lawsuit					4
Damages awarded, value \| €	€ 4,746,273	€ 8,500,000

CONSOLIDATED BALANCE SHEET - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
ASSETS
Cash and cash equivalents	$ 321,900	$ 110,011
Accounts receivable, net of allowance of $1,324 and $476 at December 31, 2021 and December 31, 2020, respectively	29,451	12,785
Prepaid expenses and other current assets	18,811	7,932
Total current assets	370,162	130,728
Leasehold improvements and equipment, net	2,868	3,321
Goodwill	242,586	219,337
Intangible assets with definite lives, net	11,008	10,854
Other non-current assets	22,737	6,839
TOTAL ASSETS	649,361	371,079
LIABILITIES:
Accounts payable, trade	17,501	3,324
Promissory notes due on demand—related party	0	44,565
Deferred revenue	173,167	137,436
Accrued expenses and other current liabilities	67,385	47,432
Total current liabilities	258,053	232,757
Long-term debt—related party	0	50,000
Other long-term liabilities	20,713	3,242
Commitments and contingencies
SHAREHOLDERS' EQUITY:
Preferred stock, value	0	0
Additional paid-in-capital	704,796	366,676
Accumulated deficit	(335,776)	(283,009)
Accumulated other comprehensive loss	(86)	(87)
Total shareholders' equity	370,595	85,080
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	649,361	371,079
Common Stock
SHAREHOLDERS' EQUITY:
Common stock, value	1,567
Class B common stock
SHAREHOLDERS' EQUITY:
Common stock, value	$ 94
Class A Voting common stock of Vimeo OpCo
SHAREHOLDERS' EQUITY:
Common stock, value		837
Class B Non-Voting common stock of Vimeo OpCo
SHAREHOLDERS' EQUITY:
Common stock, value		$ 663

RELATED PARTY TRANSACTIONS - Narrative (Details)	1 Months Ended	12 Months Ended
RELATED PARTY TRANSACTIONS - Narrative (Details)	Jan. 31, 2021 USD ($)	Dec. 31, 2021 USD ($) period	Dec. 31, 2020 USD ($)	Dec. 31, 2019 USD ($)
Related Party Transaction [Line Items]
Current lease liabilities		$ 7,299,000	$ 642,000
Long-term lease liabilities		6,709,000	1,027,000
Repayment of outstanding related party debt		94,565,000	35,457,000	$ 0
IAC
Related Party Transaction [Line Items]
Due to related party		6,400,000	0
Current lease liabilities		6,100,000
Long-term lease liabilities		3,400,000
Allocated costs		1,000,000	6,100,000	2,500,000
Repayment of outstanding related party debt	$ 99,500,000
Payment of accrued interest	$ 4,900,000
Accrued interest payable, related parties			4,200,000
IAC \| Promissory note due on demand—related party
Related Party Transaction [Line Items]
Stated interest rate (as a percent)	10.00%
IAC \| Promissory note due May 2, 2023—related party
Related Party Transaction [Line Items]
Stated interest rate (as a percent)	10.00%
IAC \| IAC Health and Welfare Benefit Plans and Other Non-Occupancy
Related Party Transaction [Line Items]
Expenses incurred with related party		12,800,000	10,300,000	9,300,000
IAC \| IAC Headquarters Occupancy
Related Party Transaction [Line Items]
Expenses incurred with related party		$ 4,400,000	$ 3,800,000	$ 3,800,000
Number of consecutive periods to have the right to extend the term \| period		4
Operating lease, extension term		1 year
HomeAdvisor, Inc.
Related Party Transaction [Line Items]
Sublease term		1 year

GOODWILL AND INTANGIBLE ASSETS WITH DEFINITE LIVES - Changes in the Carrying Value of Goodwill (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Goodwill
Balance at beginning of period	$ 219,337	$ 219,374
Additions (a)	23,249	0
Deductions	0	(37)
Balance at end of period	$ 242,586	$ 219,337

GOODWILL AND INTANGIBLE ASSETS WITH DEFINITE LIVES - Expected Amortization of Intangible Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
2022	$ 5,906
2023	3,116
2024	1,361
2025	625
Total	$ 11,008	$ 10,854

ACCUMULATED OTHER COMPREHENSIVE LOSS (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Accumulated Other Comprehensive Loss
Balance at beginning of period	$ 85,080,000	$ 23,633,000	$ (75,858,000)
Other comprehensive income (loss)	1,000	145,000	(78,000)
Balance at end of period	370,595,000	85,080,000	23,633,000
Income tax provision (benefit)	828,000	828,000	345,000
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss
Balance at beginning of period	(87,000)	(232,000)	(154,000)
Other comprehensive income (loss)	1,000	145,000	(78,000)
Balance at end of period	(86,000)	(87,000)	(232,000)
Income tax provision (benefit)	0	0	0
Foreign Currency Translation Adjustments
Accumulated Other Comprehensive Loss
Other comprehensive income (loss)	$ 1,000	$ 145,000	$ (78,000)

- Definition

Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.

+ References + Details

- Definition

Amount after tax and reclassification adjustments of other comprehensive income (loss).

+ References

+ Details

- Definition

Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
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-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
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Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 852
-SubTopic 10
-Section 55
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-URI http://asc.fasb.org/extlink&oid=84165509&loc=d3e56426-112766

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
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-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 4.E)
-URI http://asc.fasb.org/extlink&oid=122038336&loc=d3e74512-122707

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
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-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(31))
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-Section S99
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-Subparagraph (SX 210.5-02(29))
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Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
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-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(30))
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
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Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571

+ Details

STOCK-BASED COMPENSATION - Restricted Stock Units (Details) - Restricted Stock Units (RSUs) - $ / shares	5 Months Ended	7 Months Ended	12 Months Ended
	May 24, 2021	Dec. 31, 2021	Dec. 31, 2020
Number of Shares
Unvested, beginning balance (in shares)	88,000	1,844,000
Granted (in shares)	1,734,000	1,619,000
Released (in shares)		(2,000)
Forfeited (in shares)	(5,000)	(117,000)
Unvested, ending balance (in shares)	1,817,000	3,344,000	88,000
Weighted Average Grant Date Fair Value
Unvested, weighted average grant date fair value, beginning balance (in USD per share)	$ 17.33	$ 34.70
Granted (in USD per share)	35.35	26.11	$ 17.33
Released (in dollars per share)		33.33
Forfeited (in USD per share)	35.35	36.23
Unvested, weighted average grant date fair value, ending balance (in USD per share)	$ 34.48	$ 30.49	$ 17.33

CONSOLIDATED BALANCE SHEET (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Accounts receivable, allowance for credit loss	$ 1,324	$ 476
Preferred stock, par value (USD per share)	$ 0.01	$ 0.01
Preferred stock authorized (in shares)	100,000,000	50,000,000
Preferred stock issued (shares)	0	0
Preferred stock outstanding (shares)	0	0
Common Stock
Common stock, par value (USD per share)	$ 0.01
Common stock authorized (in shares)	1,600,000,000
Common stock issued (shares)	156,708,000
Common stock outstanding (shares)	156,708,000
Class B common stock
Common stock, par value (USD per share)	$ 0.01
Common stock authorized (in shares)	400,000,000
Common stock issued (shares)	9,399,000
Common stock outstanding (shares)	9,399,000
Class A Voting common stock of Vimeo OpCo
Common stock, par value (USD per share)	$ 0.01	$ 0.01
Common stock authorized (in shares)		150,000,000
Common stock issued (shares)		83,656,000
Common stock outstanding (shares)		83,656,000
Class B Non-Voting common stock of Vimeo OpCo
Common stock, par value (USD per share)	$ 0.01	$ 0.01
Common stock authorized (in shares)		150,000,000
Common stock issued (shares)		66,285,000
Common stock outstanding (shares)		66,285,000

LEASES - Other Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Leases [Abstract]
Right-of-use assets obtained in exchange for lease liabilities	$ 15,654	$ 1,322	$ 829
Cash paid for amounts included in the measurement of lease liabilities	$ 3,543	$ 3,601	$ 1,778

CONSOLIDATED STATEMENT OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Revenue	$ 391,678	$ 283,218	$ 196,015
Cost of revenue (exclusive of depreciation shown separately below)	102,537	89,077	77,665
Gross profit	289,141	194,141	118,350
Operating expenses:
Research and development expense	105,586	64,238	46,946
Sales and marketing expense	152,691	105,630	87,337
General and administrative expense	85,111	49,846	34,189
Depreciation	923	460	478
Amortization of intangibles	5,846	14,744	9,653
Total operating expenses	350,157	234,918	178,603
Operating loss	(61,016)	(40,777)	(60,253)
Interest expense	(438)	0	0
Interest expense—related party	(726)	(9,116)	(8,538)
Other income (expense), net	10,241	93	(6,441)
Loss before income taxes	(51,939)	(49,800)	(75,232)
Income tax provision	(828)	(828)	(345)
Net loss	$ (52,767)	$ (50,628)	$ (75,577)
Per share information:
Basic loss per share (USD per share)	$ (0.33)	$ (0.32)	$ (0.47)
Diluted loss per share (USD per share)	(0.33)	(0.32)	(0.47)
Dividends declared per share (USD per share)	$ 0	$ 0.22	$ 0
Stock-based compensation expense by function:
Compensation expense	$ 44,893	$ 11,665	$ 5,291
Cost of revenue
Stock-based compensation expense by function:
Compensation expense	493	73	13
Research and development expense
Stock-based compensation expense by function:
Compensation expense	16,114	2,931	1,439
Sales and marketing expense
Stock-based compensation expense by function:
Compensation expense	4,693	603	543
General and administrative expense
Stock-based compensation expense by function:
Compensation expense	$ 23,593	$ 8,058	$ 3,296

STOCK-BASED COMPENSATION

12 Months Ended

Dec. 31, 2021

Share-based Payment Arrangement [Abstract]

STOCK-BASED COMPENSATION

Vimeo currently has one active plan, the 2021 Stock and Annual Incentive Plan (the "2021 Plan"), including an Israeli Appendix, which was adopted in connection with the Spin-off. The 2021 Plan replaced the Vimeo, LLC 2012 Incentive Plan, the Vimeo, Inc. 2017 Incentive Plan and the Vimeo, Inc. 2019 Incentive Plan (including an Israeli Appendix), collectively referred to as the “Prior Plans.” The Prior Plans were automatically terminated and replaced and superseded by the 2021 Plan upon the completion of the Spin-off. Any and all awards granted under the Prior Plans, remain in effect on their pre Spin-off terms pursuant to the 2021 Plan, subject to adjustment in connection with the Spin-off and the Vimeo Merger. The 2021 Plan also covers vested IAC stock options that were converted into Vimeo stock options in connection with the Spin-off.

The 2021 Plan authorizes the Company to grant equity awards to its employees, officers, directors and consultants covering an aggregate of up to 10.0 million shares of the Company's common stock (in addition to previously-awarded shares). At December 31, 2021, there are 8.4 million shares available for grant under the 2021 Plan.

Equity awards provided for in the 2021 Plan include SARs, stock options, RSUs, and other stock-based awards related to shares of Vimeo common stock. The exercise price of stock options and SARs cannot be less than the market value of Vimeo common stock on the grant date. In connection with the settlement of stock-based awards, shares of Vimeo common stock may be issued either from authorized but unissued shares or from treasury stock. SARs issued to date generally vest in four equal annual installments over a four‑year period. RSUs issued to date generally cliff vest in either one year or three years from the grant date.

Vimeo recorded stock-based compensation expense of $44.9 million, $11.7 million, and $5.3 million for the years ended December 31, 2021, 2020, and 2019 respectively. Included in stock-based compensation expense in the year ended December 31, 2021 is a modification charge of $9.5 million in connection with the Spin-off and Vimeo Merger. The form of awards granted to the Company’s employees and non-employee directors in 2021 were generally restricted stock units (“RSUs”) and in the case of the Chairman of the Vimeo Board of Directors, 4,870,500 shares of Vimeo common stock (“Vimeo Restricted Shares”); and in prior years, generally stock appreciation rights ("SARs") and in the case of certain executives, performance-based SARs.

At December 31, 2021, there was $78.1 million of unrecognized compensation cost, net of estimated forfeitures, related to all outstanding SARs and RSUs which is expected to be recognized over a weighted-average period of 2.3 years. Additionally, there was $81.7 million of unrecognized compensation cost related to the Vimeo Restricted Shares, which is expected to be recognized over the remaining vesting period of 8.8 years. For more information on the impact of the Spin-off and the Vimeo Merger on equity awards refer to "Note 1 —Organizatio n and Basis of Presentatio n."

Vimeo is currently in an NOL position with a full valuation allowance. Therefore, no income tax benefit was recognized in the accompanying consolidated statement of operations for the years ended December 31, 2021, 2020, and 2019 related to equity awards.

Stock appreciation rights and stock options

The weighted average grant date fair value for SARs granted during the years ended December 31, 2020 and 2019 is $2.16 and $2.14, respectively. Stock options outstanding as of December 31, 2021 relate solely to the conversion of vested IAC stock options into Vimeo stock options in connection with the Spin-off as more fully described in "Note 1—Organizatio n and Basis of Presentatio n. The summary of the weighted average assumptions used to value SARs at their grant date for the years ended December 21, 2020 and 2019 is as follows.


	Years Ended December 31,
	2020		2019
Expected volatility	38	%	41	%
Risk-free interest rate	1.0	%	1.8	%
Expected term	3.3 years		3.4 years
Dividend yield	—	%	—	%

The total intrinsic value of awards exercised during the years ended December 31, 2021, 2020, and 2019 is $49.4 million, $23.9 million, and $0.6 million, respectively. Total cash received from the exercise of stock options for the year ended December 31, 2021 was $3.4 million. There was no cash received from exercises of SARs, as by their nature, are settled net of the exercise price with the award holder entitled to receive value equal to any appreciation in the award.

SARs and stock options outstanding at December 31, 2021 and changes during the year ended December 31, 2021 are as follows:


	SARs and stock options	Weighted average exercise price		Weighted average remaining contractual term in years	Aggregate intrinsic value
	(Shares and intrinsic value in thousands)
Outstanding Vimeo OpCo SARs at December 31, 2020	13,897	$	6.42
Granted	63	35.35
Exercised	(305)	5.52
Forfeited or Expired	(178)	6.56
Outstanding Vimeo OpCo SARs prior to Spin-off	13,477	6.57

Outstanding Vimeo SARs after Spin-off (a)	13,686	6.49
Conversion of Vested IAC Stock Options (b)	6,201	4.33
Exercised	(2,162)	4.87
Forfeited or Expired	(238)	7.01
Outstanding Vimeo SARs and Stock Options at December 31, 2021	17,487	5.91		6.1	$	210,640
Exercisable Vimeo SARs and Stock Options at December 31, 2021	13,350	$	5.38	5.5	$	167,984

____________________

(a) Reflects the conversion of unvested Vimeo OpCo SARs into Vimeo SARs by multiplying each award of Unvested Vimeo OpCo SARs prior to Spin-off by the Vimeo Merger Exchange Ratio.

(b) Reflects the conversion of vested IAC stock options into vested Vimeo stock options by multiplying each vested award of IAC stock options prior to the Spin-off by the Spin-off Exchange Ratio.

As of December 31, 2021, the number, weighted-average exercise price, weighted-average remaining contractual term, and aggregate intrinsic value of Vimeo SARs and stock options that either had vested or are expected to vest approximate the corresponding amounts for Vimeo SARs and stock options outstanding.

Restricted stock units

The weighted-average fair value of Vimeo RSUs granted in 2021 was $26.11. The weighted average fair value of Vimeo OpCo RSUs granted (prior to the Spin-off) in the years ended December 31, 2021 and 2020 was $35.35 and $17.33, respectively. There were no Vimeo OpCo RSUs granted in the year ended December 31, 2019.

The intrinsic value of RSUs that vested during the year ended December 31, 2021 was less than $0.1 million. There were no RSUs that vested during the years ended December 31, 2020 and 2019.

Unvested RSUs outstanding at December 31, 2021 and changes during the year ended December 31, 2021 are as follows:


	Number of Shares	Weighted Average Grant Date Fair Value
	(Shares in thousands)
Unvested Vimeo OpCo RSUs at December 31, 2020	88	$	17.33
Granted	1,734	35.35
Forfeited	(5)	35.35
Unvested Vimeo OpCo RSUs prior to Spin-off	1,817	34.48

Unvested Vimeo RSUs after Spin-off (a)	1,844	34.70
Granted	1,619	26.11
Released	(2)	$	33.33
Forfeited	(117)	$	36.23
Unvested Vimeo RSUs at December 31, 2021	3,344	$	30.49

_____________________

(a) Reflects the conversion of unvested Vimeo OpCo RSUs into Vimeo RSUs by multiplying each award of Unvested Vimeo OpCo RSUs prior to Spin-off by the Vimeo Merger Exchange Ratio.

Vimeo Restricted Shares

In connection with the Spin-off, pursuant to which Vimeo equity awards were issued as part of the adjustment of certain outstanding IAC equity awards, Vimeo entered into a Restricted Stock Agreement (the “RSA”) with Joseph Levin, Chairman of the Vimeo Board of Directors and IAC’s Chief Executive Officer. The terms of the RSA were determined pursuant to the existing requirements of Mr. Levin’s restricted stock agreement with IAC as in effect prior to the Spin-off.

Vimeo Restricted Shares granted pursuant to the RSA will cliff vest on November 5, 2030 based on satisfaction of certain Vimeo stock price targets and Mr. Levin’s continuous service as a Vimeo director through the vesting date. The number of Vimeo Restricted Shares subject to the RSA is the result of the 3,000,000 shares of IAC Restricted common stock, subject to Mr. Levin’s restricted stock agreement with IAC, multiplied by the Spin-off Exchange Ratio.

Mr. Levin may elect to accelerate vesting of the Vimeo Restricted Shares, effective on the 6th, 7th, 8th, or 9th anniversary of the original effective date of the IAC restricted stock agreement (November 5, 2020) (the “Effective Date”), in which case performance will be measured through such date, and Mr. Levin will receive a pro-rated portion of the award (based on the years elapsed from the Effective Date) and any remaining shares will be forfeited. The applicable stock price goals are proportionately lower on the earlier vesting dates.

The value of the Vimeo Restricted Shares was determined using a lattice model that incorporated a Monte Carlo simulation of Vimeo's stock price and IAC’s stock price as this award contains a market condition. The attribution of the estimated fair values of the awards (the sum of the fair value of the original IAC award as of the Effective Date, plus any incremental value as a result of the modification to the original IAC award) between IAC and Vimeo, was determined on a proportional basis as a function of the estimated fair value of each respective award as of the date of the Spin-off. The amount allocated to Vimeo was $87.3 million and is expected to be recognized over the remaining requisite service period through November 2030 subject to Mr. Levin’s continuous service as a Vimeo director.

Modification

In connection with the Spin-off and Vimeo Merger, the Company modified certain equity awards resulting in a modification charge of $14.0 million, of which $9.5 million was recognized as stock-based compensation expense in the year ended December 31, 2021. The remaining charge, net of forfeitures, is expected to be recognized over the remaining requisite service period of the modified awards.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Estimated Useful Lives and Components of Property and Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Total leasehold improvements and equipment	$ 4,459	$ 4,033
Accumulated depreciation and amortization	(1,591)	(712)
Leasehold improvements and equipment, net	2,868	3,321
Leasehold improvements
Property, Plant and Equipment [Line Items]
Total leasehold improvements and equipment	$ 3,498	3,276
Leasehold improvements \| Maximum
Property, Plant and Equipment [Line Items]
Estimated useful lives (in years)	10 years
Computer and other equipment
Property, Plant and Equipment [Line Items]
Total leasehold improvements and equipment	$ 961	$ 757
Computer and other equipment \| Minimum
Property, Plant and Equipment [Line Items]
Estimated useful lives (in years)	2 years
Computer and other equipment \| Maximum
Property, Plant and Equipment [Line Items]
Estimated useful lives (in years)	10 years

LEASES

12 Months Ended

Dec. 31, 2021

Leases [Abstract]

LEASES

The ROU assets and lease liabilities on the consolidated balance sheet are as follows:


		December 31,
Leases	Balance Sheet Classification	2021		2020
		(In thousands)
Assets:
Right-of-use assets	Other non-current assets	$	13,534	$	1,588

Liabilities:
Current lease liabilities	Accrued expenses and other current liabilities	$	7,299	$	642
Long-term lease liabilities	Other long-term liabilities	6,709		1,027
Total lease liabilities		$	14,008	$	1,669

Components of lease expense are as follows:


	Years Ended December 31,
Lease Expense	2021		2020		2019
	(In thousands)
Fixed (a)	$	3,884	$	957	$	3,770
Short-term	553		273		214
Variable	119		143		72
Sublease income	—		(61)		(154)
Total lease expense, net	$	4,556	$	1,312	$	3,902


	Years Ended December 31,
Lease Expense Income Statement Classification	2021		2020		2019
	(In thousands)
Cost of revenue	$	304	$	31	$	52
Research and development expense	1,984		446		413
Sales and marketing expense	1,163		187		173
General and administrative expense (a)	1,105		648		3,264
Total lease expense, net	$	4,556	$	1,312	$	3,902

_____________________

(a) Fixed lease expense (included in "General and administrative expense") includes approximately $2.1 million of lease impairment charges in the year ended December 31, 2019.

Maturities of lease liabilities as of December 31, 2021 (in thousands) (b) are as follows:


Years Ended December 31,	(In thousands)
2022	$	7,294
2023	4,339
2024	838
2025	860
2026	527
Thereafter	416
Total	14,274
Less: interest	(266)
Total lease liabilities	$	14,008

_____________________

(b) As of December 31, 2021, the Company had no legally binding minimum lease payments for leases signed but not yet commenced.

The weighted average assumptions used for lease term and discount rate are as follows:


	December 31,
	2021		2020		2019
Remaining lease term	2.60 years		2.73 years		3.69 years
Discount rate	3.1	%	2.97	%	5.63	%

Other information related to leases is as follows:


	Years Ended December 31,
	2021		2020		2019
	(In thousands)
Other Information:
Right-of-use assets obtained in exchange for lease liabilities	$	15,654	$	1,322	$	829
Cash paid for amounts included in the measurement of lease liabilities	$	3,543	$	3,601	$	1,778

STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2021

Share-based Payment Arrangement [Abstract]

Schedule of Weighted Average Assumptions

The summary of the weighted average assumptions used to value SARs at their grant date for the years ended December 21, 2020 and 2019 is as follows.


	Years Ended December 31,
	2020		2019
Expected volatility	38	%	41	%
Risk-free interest rate	1.0	%	1.8	%
Expected term	3.3 years		3.4 years
Dividend yield	—	%	—	%

Stock Appreciation Rights and Stock Options

SARs and stock options outstanding at December 31, 2021 and changes during the year ended December 31, 2021 are as follows:


	SARs and stock options	Weighted average exercise price		Weighted average remaining contractual term in years	Aggregate intrinsic value
	(Shares and intrinsic value in thousands)
Outstanding Vimeo OpCo SARs at December 31, 2020	13,897	$	6.42
Granted	63	35.35
Exercised	(305)	5.52
Forfeited or Expired	(178)	6.56
Outstanding Vimeo OpCo SARs prior to Spin-off	13,477	6.57

Outstanding Vimeo SARs after Spin-off (a)	13,686	6.49
Conversion of Vested IAC Stock Options (b)	6,201	4.33
Exercised	(2,162)	4.87
Forfeited or Expired	(238)	7.01
Outstanding Vimeo SARs and Stock Options at December 31, 2021	17,487	5.91		6.1	$	210,640
Exercisable Vimeo SARs and Stock Options at December 31, 2021	13,350	$	5.38	5.5	$	167,984

____________________

(a) Reflects the conversion of unvested Vimeo OpCo SARs into Vimeo SARs by multiplying each award of Unvested Vimeo OpCo SARs prior to Spin-off by the Vimeo Merger Exchange Ratio.

(b) Reflects the conversion of vested IAC stock options into vested Vimeo stock options by multiplying each vested award of IAC stock options prior to the Spin-off by the Spin-off Exchange Ratio.

Summary of Restricted Stock Unit Activity

Unvested RSUs outstanding at December 31, 2021 and changes during the year ended December 31, 2021 are as follows:


	Number of Shares	Weighted Average Grant Date Fair Value
	(Shares in thousands)
Unvested Vimeo OpCo RSUs at December 31, 2020	88	$	17.33
Granted	1,734	35.35
Forfeited	(5)	35.35
Unvested Vimeo OpCo RSUs prior to Spin-off	1,817	34.48

Unvested Vimeo RSUs after Spin-off (a)	1,844	34.70
Granted	1,619	26.11
Released	(2)	$	33.33
Forfeited	(117)	$	36.23
Unvested Vimeo RSUs at December 31, 2021	3,344	$	30.49

_____________________

(a) Reflects the conversion of unvested Vimeo OpCo RSUs into Vimeo RSUs by multiplying each award of Unvested Vimeo OpCo RSUs prior to Spin-off by the Vimeo Merger Exchange Ratio.

ORGANIZATION AND BASIS OF PRESENTATION (Details) - $ / shares	Dec. 31, 2021	May 25, 2021	May 24, 2021
Organization and Basis of Presentation [Line Items]
Percentage of the intrinsic value of options compensated		0.50
Conversion of Vimeo OpCo capital into Vimeo common stock, exchange ratio (in shares)		1.0143
IAC
Organization and Basis of Presentation [Line Items]
Ownership interest (as a percent)		88.00%
Common Stock
Organization and Basis of Presentation [Line Items]
Common stock, par value (USD per share)	$ 0.01	$ 0.0001	$ 0.001
Number of shares issued upon Spin-off per preferred stock exchanged (in shares)		1.6235
Class B common stock
Organization and Basis of Presentation [Line Items]
Common stock, par value (USD per share)	$ 0.01	$ 0.0001	$ 0.001
Series 2 Mandatorily Exchangeable Preferred Stock
Organization and Basis of Presentation [Line Items]
Number of preferred stock issued upon reclassification of common stock (in shares)		0.01
Series 1 Mandatorily Exchangeable Preferred Stock
Organization and Basis of Presentation [Line Items]
Number of preferred stock issued upon reclassification of common stock (in shares)		0.01

LEASES - Weighted-Average Remaining Term and Discount Rate (Details)	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Leases [Abstract]
Remaining lease term (in years)	2 years 7 months 6 days	2 years 8 months 23 days	3 years 8 months 8 days
Discount rate (as a percent)	3.10%	2.97%	5.63%

BENEFIT PLANS (Details) - USD ($) $ in Millions		6 Months Ended	12 Months Ended			30 Months Ended
BENEFIT PLANS (Details) - USD ($) $ in Millions	Jan. 01, 2022	Jun. 30, 2019	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2021
United States \| IAC Plan
Defined Contribution Plan Disclosure
Employee contribution limit per calendar year (up to) (as a percent of pre-tax earnings)			50.00%
Employer contribution per dollar employee contributes up to contribution limit		50.00%				100.00%
Employer contribution limit per calendar year (as a percent of compensation)		6.00%				10.00%
Defined contribution plan contributions			$ 5.1	$ 3.5	$ 2.0
United States \| Subsequent Event \| Vimeo Plan
Defined Contribution Plan Disclosure
Employer contribution per dollar employee contributes up to contribution limit	100.00%
Employer contribution limit per calendar year (as a percent of compensation)	10.00%
All Other Countries \| IAC Plan
Defined Contribution Plan Disclosure
Defined contribution plan contributions			$ 1.5	$ 0.9	$ 0.6

INCOME TAXES - Earnings before Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Tax Disclosure [Abstract]
U.S.	$ (54,085)	$ (52,007)	$ (76,052)
Foreign	2,146	2,207	820
Loss before income taxes	$ (51,939)	$ (49,800)	$ (75,232)

- Definition

Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.

+ References

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+ Details

COMMITMENTS AND CONTINGENCIES - Commitments Outstanding (Details) $ in Thousands	Dec. 31, 2021 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Less Than 1 Year	$ 58,475
1-3 Years	10,623
3-5 Years	0
More Than 5 Years	0
Total Amounts Committed	$ 69,098

INCOME TAXES - Effective Income Tax Rate Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Income tax benefit at the federal statutory rate of 21%	$ (10,907)	$ (10,458)	$ (15,799)
State income taxes, net of effect of federal tax benefit	(138)	(159)	31
Change in valuation allowance	16,883	14,711	16,464
Stock-based compensation	(4,041)	(2,979)	299
Research credit	(2,163)	(1,439)	(1,049)
Transaction costs	698	573	2
Other, net	496	579	397
Income tax provision	$ 828	$ 828	$ 345

- Definition

Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.

+ References + Details

COMMITMENTS AND CONTINGENCIES

12 Months Ended

Dec. 31, 2021

Commitments and Contingencies Disclosure [Abstract]

COMMITMENTS AND CONTINGENCIES

Commitments

Vimeo has entered into certain off-balance sheet commitments that require the future purchase of services ("purchase obligations"). Future payments under non-cancelable unconditional purchase obligations as of December 31, 2021, principally consist of payments for various cloud computing contracts and are as follows:


	Amount of Commitment Expiration Per Period
	Less Than 1 Year		1-3 Years		3-5 Years		More Than 5 Years		Total Amounts Committed
	(In thousands)
Purchase obligations	$	58,475	$	10,623	$	—	$	—	$	69,098

Contingencies

In the ordinary course of business, Vimeo is, and from time to time may become, a party to various legal proceedings. Vimeo establishes reserves for specific legal matters when it determines that the likelihood of an unfavorable outcome is probable and the loss is reasonably estimable. Management has also identified certain other legal matters where it believes an unfavorable outcome is not probable and, therefore, no reserve is established. Although management currently believes that resolving claims against Vimeo, including claims where an unfavorable outcome is reasonably possible, will not have a material impact on the liquidity, results of operations or financial condition of Vimeo, these matters are subject to inherent uncertainties and management's view of these matters may change in the future. Vimeo also evaluates other contingent matters, including income and non-income tax contingencies, to assess the likelihood of an unfavorable outcome and estimated extent of potential loss. It is possible that an unfavorable outcome of one or more of these lawsuits or other contingencies could have a material impact on the liquidity, results of operations or financial condition of Vimeo. See "Note 3—Income Taxes" for additional information related to income tax contingencies.

EMI/Capitol Records Copyright Infringement Litigation

In December 2009, a group of music publishers owned by EMI Music Publishing (now owned by Sony/ATV Music Publishing, a subsidiary of Sony Entertainment) and a group of then EMI-affiliated record companies, including Capitol Records (now owned by Universal Music Group), filed two lawsuits against Vimeo and its former owner, Connected Ventures, in the U.S. District Court for the Southern District of New York. See Capitol Records, LLC v. Vimeo, LLC, No. 09 Civ. 10101 (S.D.N.Y.) and EMI Blackwood Music, Inc. v. Vimeo, LLC, No. 09 Civ. 10105 (S.D.N.Y.). In both cases, plaintiffs allege that Vimeo infringed their music copyrights (in the publishers’ musical compositions and the record companies’ sound recordings) by hosting and streaming videos uploaded by users (and in certain cases, former employees) featuring their musical works. Plaintiffs seek, among other things, injunctive relief and monetary damages. The initial complaints identified 199 videos as infringing (which Vimeo removed post-suit).

Prior to suit, plaintiffs did not avail themselves of their right to submit a takedown notice to Vimeo pursuant to the online safe harbor provisions of the Digital Millennium Copyright Act of 1998 ("DMCA"), which limits the liability of online service providers for copyright infringement of their users when the provider takes certain measures. Vimeo asserts that the DMCA limits its liability because it complies with the DMCA and plaintiffs failed to submit takedown notices. Plaintiffs disagree, asserting various theories as to why the DMCA may not apply to some or all of the videos-in-suit.

The district court bifurcated proceedings and required the parties to first litigate the issue of whether Vimeo satisfied the DMCA’s safe harbor provisions. On September 18, 2013, the district court granted partial summary judgment to Vimeo on 144 of the 199 original videos-in-suit on the ground that Vimeo complied with the threshold requirements of the DMCA and that there was no evidence that a Vimeo employee had watched the videos in question such that Vimeo had actual or "red flag" knowledge of infringement, which would disqualify the DMCA’s application. The court denied summary judgment as to 35 videos-in-suit on the ground that there was a material question of fact as to whether Vimeo had "red flag" knowledge of infringement based upon employees having watched all or part of these videos. The court further held that the DMCA did not apply to the record companies’ state-law claims regarding sound recordings fixed before February 1972; a trial was necessary to determine whether Vimeo was liable for employees who uploaded approximately 20 videos; and that plaintiffs should be

permitted to amend their complaints to add over 1,500 videos allegedly infringing their copyrights (which Vimeo removed after receiving plaintiffs’ proposed amended complaint).

Vimeo sought and obtained the right to appeal certain issues on an interlocutory basis to the U.S. Court of Appeals for the Second Circuit. On June 16, 2016, the Second Circuit held that (1) the district court had applied the incorrect summary-judgment standard for "red flag" infringement and that evidence that an employee watched all or part of a video containing plaintiffs’ music did not raise a genuine issue of fact as to whether Vimeo had "red flag" knowledge in such video; (2) the DMCA applies to state-law copyright infringement claims predicated on pre-1972 sound recordings; and (3) on an issue raised by plaintiffs in their cross-appeal, the record did not show that Vimeo was willfully blind towards infringing activity taking place on its platform. As a result of these rulings, the Second Circuit partially vacated the district court’s ruling and remanded the case for further proceedings consistent with its judgment.

On March 31, 2018, the district court granted Vimeo’s motion to dismiss plaintiffs’ state-law unfair competition claims on the grounds that they were state-law copyright claims covered by the DMCA per the Second Circuit’s judgment. On May 28, 2021, the district court granted Vimeo summary judgment as to videos for which the sole remaining basis of liability the assertion that Vimeo had “red flag” knowledge of infringement. On August 26, 2021, the district court approved a stipulation whereby plaintiffs agreed to conditionally dismiss all remaining claims to allow a final judgment to issue. Under the stipulation, plaintiffs may refile their claims regarding the alleged employee-uploaded videos if the Second Circuit reverses the district court’s other rulings in whole or in part. On November 1, 2021, the district court entered a final judgment adopting the terms of the parties' stipulation. On November 29, 2021, plaintiffs filed an appeal to the U.S. Court of Appeals for the Second Circuit.

Vimeo believes that the allegations in these lawsuits are without merit and will defend vigorously against them.

RTI Copyright Litigation

Between 2012 and 2017, Italian broadcaster Reti Televisive Italiane s.p.a. and an affiliate thereof (collectively, "RTI") filed four lawsuits for copyright infringement against Vimeo in the Civil Court of Rome. See Reti Televisive Italiane s.p.a. v. Vimeo, LLC, Cause Nos. 23732/12, 62343/2015, and 59780/2017 (Rome Civil Court), and Medusa Film v. Vimeo, Inc., Cause No. 74775/2017 (Rome Civil Court). In each case, RTI asserts that Vimeo infringed its copyrights by hosting and streaming user-uploaded videos that allegedly contain RTI’s television or film programming, and seeks, among other things, injunctive relief and monetary damages.

On January 15, 2019, the Civil Court of Rome concluded the first case (No. 23732/12) and entered a judgment against Vimeo, awarding RTI damages of EUR 8,500,000 plus interest and entering an injunction against Vimeo with respect to further acts of infringement. Vimeo filed an appeal and petitioned to stay the judgment pending appeal. On May 13, 2019, the Rome Court of Appeal stayed the judgment pending appeal. The appeal is currently pending.

On June 2, 2019, the Civil Court of Rome concluded the second case (No. 62343/2015) and entered a judgment against Vimeo, awarding RTI damages of EUR 4,746,273 plus interest and entering an injunction against Vimeo as to further acts infringement. Vimeo filed an appeal and petitioned to stay the judgment pending appeal. The Rome Court of Appeal declined to stay the judgment. The appeal is currently pending. On October 26, 2020, RTI commenced a lawsuit against Vimeo in the U.S. District Court for the Southern District of New York to enforce the damages award of the June 2019 judgment. See Reti Televisive Italiane s.p.a. v. Vimeo, LLC, No. 20 Civ. 8954 (S.D.N.Y.). On December 22, 2020, Vimeo and RTI filed, and the district court entered, a stipulation and order staying the U.S. proceedings pending the final outcome of the appeals from the Italian judgment at issue.

Proceedings in the third and fourth cases (Nos. 59780/2017 and 74775/2017, respectively) are pending before the Civil Court of Rome.

Vimeo believes that the allegations in these lawsuits are without merit and will defend vigorously against them.

Sony/Universal/Warner Copyright Litigation

In March 2021, Sony Music Entertainment Italy (a subsidiary of Sony Music Entertainment Group), Warner Music Italia (a subsidiary of Warner Music Group), Universal Music Italia (a subsidiary of Universal Music Group), and Warner Music International Services (a subsidiary of Warner Music Group) filed a lawsuit against Vimeo in the Court of Milan alleging violations of Italian copyright and unfair competition laws. See Sony Music Entertainment Italy s.p.a. et al. v. Vimeo, Inc., Case No. 10977/2021 (Court of Milan, Business Division). The complaint alleges that Vimeo infringed plaintiffs’ copyrights by hosting and streaming user-uploaded videos that contain plaintiffs’ copyrighted works and that, upon notification of the alleged infringement, Vimeo employed a takedown process that did not comply with Italian law. The complaint seeks, among other

things, injunctive relief. On November 3, 2021, Vimeo filed its initial brief. On November 23, the parties attended the initial hearing with the Court of Milan where the court set forth a briefing schedule. Vimeo believes that the allegations in this lawsuit are without merit and will defend vigorously against them.

Illinois Biometric Information Privacy Act Litigation

On September 9, 2019, Bradley Acaley filed, on behalf of himself and other similarly situated individuals, a putative class action complaint against Vimeo in the Circuit Court of Cook County, Illinois. Vimeo thereafter removed the case to the U.S. District Court for the Northern District of Illinois, where it is now pending. See Bradley Acaley v. Vimeo, Inc., No. 19 Civ. 7164 (N.D. Ill.). In his complaint, plaintiff asserts that Vimeo’s Magisto mobile application collected facial biometric information in a manner that violated his rights under the Illinois Biometric Information Privacy Act ("BIPA"), and he seeks, among other things, injunctive relief and monetary damages.

Vimeo moved to compel arbitration of the case. On June 1, 2020, the district court denied Vimeo’s motion. On June 18, 2020, Vimeo filed an appeal to the U.S. Court of Appeals for the Seventh Circuit. The parties subsequently fully briefed the appeal. At a mediation held on January 7, 2022, the parties reached a settlement in principle. On January 24, 2022, the parties filed a joint motion, inter alia, to hold the appeal in abeyance pending finalization of the settlement in principle.

Vimeo denies liability in connection with this lawsuit.

FAIR VALUE MEASUREMENTS - Unobservable Input Reconciliation (Details) - Contingent Consideration Liability - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Contingent Consideration Arrangements
Fair value at date of acquisition	$ 12,200	$ 0
Fair value at date of acquisition	12,200
Included in operating loss	0
Settlements	0
Ending balance	$ 12,200

RELATED PARTY TRANSACTIONS

12 Months Ended

Dec. 31, 2021

RELATED PARTY TRANSACTIONS

Relationship with IAC following the Spin-off

Following the Spin-off, the relationship between Vimeo and IAC has been governed by a number of agreements. These agreements include: a separation agreement; a tax matters agreement; a transition services agreement; an employee matters agreement; and a data protection agreement. These agreements were entered into as of May 24, 2021 and are filed as exhibits to the Annual Report on Form 10-K of which these financial statements form a part, and the summaries of these documents that follow are qualified in their entirety by reference to the full text of those documents.

Through December 31, 2021, Vimeo (i) participated in IAC's health and welfare benefit plans, (ii) obtained certain services through contracts that are held in IAC's name, for which Vimeo reimbursed IAC and (iii) obtained from IAC (or provided to) certain corporate support services. The total related charges for the years ended December 31, 2021, 2020, and 2019 were $12.8 million, $10.3 million, and $9.3 million, respectively. At December 31, 2021, Vimeo had a current payable due to IAC of $6.4 million, which was included in "Accrued expenses and other current liabilities" in the accompanying consolidated balance sheet and was subsequently paid in January 2022. At December 31, 2020, there was no amount due to IAC. Certain of the services subject to these agreements have continued into 2022.

Upon the completion of the Spin-off, Vimeo entered into an operating lease agreement with IAC for the space Vimeo occupies in IAC's headquarters at 555 West 18th Street in New York City. The term of the lease expires on May 31, 2022, at which point Vimeo has the right to extend the term for four consecutive periods of one year each on the same terms set forth in the lease. Additionally, in November 2021 Vimeo entered into a sublease agreement with HomeAdvisor, Inc., an indirect subsidiary of IAC, whereby Vimeo agreed to sublease from HomeAdvisor the 10th floor at 330 West 34th Street in New York City. The initial term of the sublease is one year and expires on October 31, 2022 and will automatically renew unless earlier terminated by either party. At December 31, 2021 Vimeo had a current lease liability of $6.1 million included in "Accrued expenses and other current liabilities" and a non-current lease liability of $3.4 million included in "Other long-term liabilities" in the accompanying consolidated balance sheet related to these leases. Prior to the Spin-off, IAC allocated rent expense to Vimeo for the space it occupied in IAC' s headquarters building. The total rent expense for the years ended December 31, 2021, 2020, and 2019 were $4.4 million, $3.8 million, and $3.8 million, respectively.

For periods prior to the Spin-off, Vimeo’s consolidated statement of operations includes allocations of costs, including stock-based compensation expense, related to IAC’s accounting, treasury, legal, tax, corporate support, financial systems, and internal audit functions. These allocations were based on Vimeo's revenue as a percentage of IAC's total revenue. Allocated costs were $1.0 million, $6.1 million and $2.5 million for the years ended December 31, 2021, 2020 and 2019, respectively. These allocations are reflected in the accompanying consolidated balance sheet within "Additional paid-in-capital." It is not practicable to determine the actual expenses that would have been incurred for these services had Vimeo operated as a standalone entity during the periods presented. Management considers the allocation method to be reasonable.

Separation Agreement

The separation agreement provided for restructuring transactions including, among other things, the transfer to Vimeo of IAC’s equity interests in Vimeo OpCo and the repayment by Vimeo OpCo of all outstanding intercompany debt owed to IAC and its subsidiaries (other than Vimeo OpCo’s subsidiaries). The separation agreement also provided for the pre-Spin-off adoption of the certificate of incorporation and by-laws of Vimeo that came into effect at the time of the Spin-off.

Tax Matters Agreement

In connection with the Spin-off, IAC and Vimeo entered into a tax matters agreement that governs the parties’ respective rights, responsibilities and obligations with respect to taxes (including taxes arising in the ordinary course of business and taxes, if any, incurred as a result of any failure of the Distribution to qualify as tax-free for U.S. federal income tax purposes), entitlement to refunds, allocation of tax attributes, preparation of tax returns, control of tax contests and other tax matters.

In addition, the tax matters agreement imposes certain restrictions on Vimeo and its subsidiaries (including restrictions on share issuances, business combinations, sales of assets and similar transactions) designed to preserve the tax-free status of the Distribution. The tax matters agreement provides special rules that allocate tax liabilities in the event the Distribution fails to qualify as a transaction that is generally tax-free for U.S. federal income tax purposes under Sections 355(a) and 368(a)(1)(D) of the Code. Under the tax matters agreement, IAC and Vimeo generally are responsible for any taxes and related amounts imposed on either of the parties as a result of a failure to so qualify to the extent that the failure to so qualify is attributable to a breach of the relevant representations or covenants made by that party in the tax matters agreement or an acquisition of such party’s equity securities or assets.

Employee Matters Agreement

The employee matters agreement covers a range of compensation and benefit matters related to the Spin-off. In general, under the employee matters agreement IAC assumed or retained (i) all liabilities with respect to IAC employees, former IAC employees and their dependents and beneficiaries under all IAC employee benefit plans, and (ii) all liabilities with respect to the employment or termination of employment of all IAC employees, former IAC employees and other service providers. Vimeo assumed or retained (i) all liabilities under its employee benefit plans, and (ii) all liabilities with respect to the employment or termination of employment of all Vimeo employees, former employees and other service providers.

Subject to a transition period through December 31, 2021, after the Spin-off, Vimeo no longer participates in IAC employee benefit plans, but has established its own employee benefit plans that are substantially similar to the plans sponsored by IAC prior to the Spin-off. Through the end of 2021, IAC continued to provide benefits under the IAC health and welfare plans and flexible benefits plan to Vimeo employees and Vimeo bore the cost of this coverage with respect to its employees. Assets and liabilities from the IAC Retirement Savings Plan relating to the accounts of Vimeo employees were be transferred to the comparable Vimeo plan following the Spin-off.

Transition Services Agreement

Under the transition services agreement, each of IAC and Vimeo provides to the other party on an interim, transitional basis, various support services, which includes support with governmental affairs, finance and accounting services, corporate sourcing, legal affairs, systems support, and any such other support services as to which IAC and Vimeo mutually agree. The charges for these services is generally on an actual cost basis (without markup), except as otherwise agreed upon prior to the completion of the Spin-off.

In general, the services began on the date of the completion of the Spin-off and cover a period generally not expected to exceed 12 months following the Spin-off. Each of IAC and Vimeo, as recipient of services, has the right to terminate the transition services agreement with respect to one or more particular services upon 90 days’ prior written notice.

In September 2021, Vimeo and IAC entered into an allocation agreement whereby Vimeo maintains coverage under IAC's membership with a patent risk management service, RPX Corporation ("RPX"), and whereby Vimeo shares the costs of IAC's membership with RPX for the period through September 18, 2023.

Debt—Related Party

The carrying value and the estimated fair value of debt—related party, which is measured at fair value only for disclosure purposes, are as follows:


	December 31, 2021				December 31, 2020
	Carrying Value		Fair Value		Carrying Value		Fair Value
	(In thousands)
Promissory note due on demand—related party	$	—	$	—	$	44,565	$	44,565
Promissory note due May 2, 2023—related party	—		—		50,000		54,545
Total debt—related party	$	—	$	—	$	94,565	$	99,110

In January 2021, Vimeo OpCo repaid its outstanding related party debt to IAC in the amount of $99.5 million, which included accrued interest of $4.9 million, using a portion of the proceeds from the January 2021 primary equity raise described in "Note 8—Shareholders' Equity." Each promissory note bore interest at 10% per annum. Accrued interest on debt—related party at December 31, 2020 was $4.2 million and is included in "Accrued expenses and other current liabilities" in the accompanying consolidated balance sheet. The estimated fair value of debt—related party was based on Level 3 inputs and was determined by discounting the future cash flows based on current market conditions.

INCOME TAXES - Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Deferred tax assets:
Net operating loss carryforwards	$ 33,897	$ 31,721
Tax credit carryforwards	9,066	6,903
Intangible assets with definite lives	2,247	3,992
Disallowed interest carryforwards	227	3,705
Stock-based compensation	5,467	3,013
Other	8,309	5,477
Total deferred tax assets	59,213	54,811
Less: valuation allowance	(52,023)	(51,689)
Net deferred tax assets	7,190	3,122
Deferred tax liabilities:
Prepaid expenses	(3,835)	(2,345)
Leasehold improvements and equipment	(299)	(415)
Right-of-use assets	(2,561)	(343)
Withholding taxes	(506)	(270)
Total deferred tax liabilities	(7,201)	(3,373)
Net deferred tax liability	$ (11)	$ (251)

REVOLVING CREDIT FACILITY	12 Months Ended
REVOLVING CREDIT FACILITY	Dec. 31, 2021
Debt Disclosure [Abstract]
REVOLVING CREDIT FACILITY	REVOLVING CREDIT FACILITYOn February 12, 2021, Vimeo OpCo entered into a $100 million revolving credit facility (the "Credit Facility"), which expires on February 12, 2026. Any borrowings under the Credit Facility are guaranteed by Vimeo's wholly-owned material domestic subsidiaries, if any, and are secured by substantially all assets of Vimeo and any guarantors, subject to certain exceptions. At December 31, 2021, the commitment fee, which is based on the consolidated net leverage ratio most recently reported and the average daily amount of the available revolving commitments, was 20 basis points. Any borrowings under the Credit Facility would bear interest, at Vimeo's option, at either a base rate or LIBOR, in each case plus an applicable margin, which is determined by reference to a pricing grid based on Vimeo’s consolidated net leverage ratio. The financial covenants require Vimeo to maintain a minimum liquidity of not less than $50.0 million until December 31, 2022 and, thereafter, at the end of each quarterly test period, a consolidated net leverage ratio (as defined in the agreement) of not more than 5.5 to 1.0. The Credit Facility also contains customary affirmative and negative covenants, including covenants that would limit Vimeo’s ability to pay dividends or make distributions on or repurchase certain equity interests in the event a default has occurred or Vimeo’s consolidated net leverage ratio exceeds 4.0 to 1.0. At December 31, 2021, there were no outstanding borrowings under the Credit Facility. In December 2021, Vimeo agreed to cease any borrowings under certain non-USD currencies and certain USD tenors due to the applicable LIBOR benchmark rates no longer being available publicly from and after December 31, 2021 and until an amendment is made to the Credit Facility to replace LIBOR with an alternative benchmark.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References

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-Name Accounting Standards Codification
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-Subparagraph (h)
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-Name Accounting Standards Codification
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-Subparagraph (SX 210.4-08(c))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Changes in Allowance of Credit Losses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 476	$ 273
Provision for credit losses	1,428	1,834	$ 1,245
Write-offs charged against the allowance	(1,268)	(1,645)
Recoveries collected	699	14
Other	(11)	0
Balance at end of period	$ 1,324	$ 476	$ 273

GOODWILL AND INTANGIBLE ASSETS WITH DEFINITE LIVES (Tables)

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill and Intangible Assets, Net

Goodwill and intangible assets with definite lives, net are as follows:


	December 31,
	2021		2020
	(In thousands)
Goodwill	$	242,586	$	219,337
Intangible assets with definite lives, net of accumulated amortization	11,008		10,854
Total goodwill and intangible assets with definite lives, net	$	253,594	$	230,191

Schedule of Changes in the Carrying Value of Goodwill

The changes in the carrying value of goodwill for the years ended December 31, 2021 and 2020 are as follows:


	Years Ended December 31,
	2021		2020
	(In thousands)
Balance at beginning of period	$	219,337	$	219,374
Additions (a)	23,249		—
Deductions	—		(37)
Balance at end of period	$	242,586	$	219,337

____________________

(a) 2021 additions relate to the acquisitions of Wibbitz and WIREWAX.

Schedule of Intangible Assets with Definite Lives

At December 31, 2021 and 2020, intangible assets with definite lives are as follows:


	December 31, 2021
	Gross Carrying Amount		Accumulated Amortization		Net		Weighted-Average Useful Life (Years)
	(In thousands)
Developed technology	$	26,500	$	(22,026)	$	4,474	3.5
Customer relationships	21,200		(14,666)		6,534		3.8


Trade names	3,000		(3,000)		—		1.7

Total	$	50,700	$	(39,692)	$	11,008	3.5


	December 31, 2020
	Gross Carrying Amount		Accumulated Amortization		Net		Weighted-Average Useful Life (Years)
	(In thousands)
Developed technology	$	25,500	$	(19,418)	$	6,082	3.6
Customer relationships	16,200		(11,837)		4,363		3.9


Trade names	3,000		(2,591)		409		1.7

Total	$	44,700	$	(33,846)	$	10,854	3.6

Schedule of Expected Amortization of Intangible Assets

At December 31, 2021, amortization of intangible assets with definite lives is estimated to be as follows:


Years Ending December 31,	(In thousands)
2022	$	5,906
2023	3,116
2024	1,361
2025	625


Total	$	11,008

STOCK-BASED COMPENSATION - Narrative (Details) $ / shares in Units, $ in Thousands		5 Months Ended	7 Months Ended	12 Months Ended
	May 25, 2021 USD ($)	May 24, 2021 $ / shares	Dec. 31, 2021 USD ($) $ / shares shares	Dec. 31, 2021 USD ($) plan shares	Dec. 31, 2020 USD ($) $ / shares	Dec. 31, 2019 USD ($) $ / shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of plans \| plan				1
Compensation expense				$ 44,893	$ 11,665	$ 5,291
Incremental compensation cost from modification recognized in current period in connection with Spin-off				9,500
Proceeds from exercise of stock options				$ 3,364	$ 0	$ 0
Incremental compensation cost	$ 14,000
2021 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate number of shares covered under the plan (up to) \| shares			10,000,000	10,000,000
Stock Appreciation Rights (SARs) and Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for grant (shares) \| shares			8,400,000	8,400,000
Unrecognized compensation cost, net			$ 78,100	$ 78,100
Unrecognized compensation cost, period for recognition (in years)				2 years 3 months 18 days
Stock Appreciation Rights (SARs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period				4 years
Awards granted (in USD per share) \| $ / shares					$ 2.16	$ 2.14
Stock Appreciation Rights (SARs) and Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
SARs and Options exercised, intrinsic value				$ 49,400	$ 23,900	$ 600
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards granted (in USD per share) \| $ / shares		$ 35.35	$ 26.11		$ 17.33
RSUs vested, intrinsic value (less than)				$ 100
Restricted Stock Units (RSUs) \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period				1 year
Restricted Stock Units (RSUs) \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period				3 years
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost, net			$ 81,700	$ 81,700
Unrecognized compensation cost, period for recognition (in years)				8 years 9 months 18 days
Director \| Restricted Stock \| Restricted Stock Agreement
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized for issuance (in shares) \| shares			3,000,000	3,000,000
Unrecognized compensation cost, net			$ 87,300	$ 87,300

COMMITMENTS AND CONTINGENCIES (Tables)

12 Months Ended

Dec. 31, 2021

Commitments and Contingencies Disclosure [Abstract]

Schedule of Future Payments under Non-cancelable Unconditional Purchase Obligations

Future payments under non-cancelable unconditional purchase obligations as of December 31, 2021, principally consist of payments for various cloud computing contracts and are as follows:


	Amount of Commitment Expiration Per Period
	Less Than 1 Year		1-3 Years		3-5 Years		More Than 5 Years		Total Amounts Committed
	(In thousands)
Purchase obligations	$	58,475	$	10,623	$	—	$	—	$	69,098

STOCK-BASED COMPENSATION - SARs and Options (Details) - Stock Appreciation Rights (SARs) and Options - USD ($) $ / shares in Units, $ in Thousands	5 Months Ended	7 Months Ended	12 Months Ended
	May 24, 2021	Dec. 31, 2021	Dec. 31, 2021
SARs and stock options
Outstanding, beginning balance (in shares)	13,897,000	13,686,000	13,897,000
Granted (in shares)	63,000
Conversion of Vested IAC Stock Options (in shares)		6,201,000
Exercised (in shares)	(305,000)	(2,162,000)
Forfeited (in shares)	(178,000)	(238,000)
Outstanding, ending balance (in shares)	13,477,000	17,487,000	17,487,000
Weighted average exercise price
Outstanding, weighted average exercise price beginning balance (in USD per share)	$ 6.42	$ 6.49	$ 6.42
Granted (in USD per share)	35.35
Conversion of Vested IAC Stock Options (in USD per share)		4.33
Exercised (in USD per share)	5.52	4.87
Forfeited (in USD per share)	6.56	7.01
Outstanding, weighted average exercise price ending balance (in USD per share)	$ 6.57	$ 5.91	$ 5.91
Outstanding, Weighted average remaining contractual life (in years)			6 years 1 month 6 days
Outstanding, Aggregate intrinsic value (in USD)		$ 210,640	$ 210,640
Exercisable, number exercisable at end of period (in shares)		13,350,000	13,350,000
Exercisable, weighted average exercise price at end of period (in USD per share)		$ 5.38	$ 5.38
Exercisable, weighted average remaining contractual life (in years)			5 years 6 months
Exercisable, aggregate intrinsic value at end of period (in USD)		$ 167,984	$ 167,984

INCOME TAXES

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

INCOME TAXES

Vimeo is included within IAC’s tax group for purposes of federal and consolidated state income tax return filings through the Spin-off. For all periods presented, current and deferred income tax provision have been computed on an as if standalone, separate tax return basis. Payments to and refunds from IAC for Vimeo's share of IAC’s consolidated state tax return liabilities have been reflected within cash flows from operating activities in the accompanying consolidated statement of cash flows.

U.S. and foreign (loss) earnings before income taxes are as follows:


	Years Ended December 31,
	2021		2020		2019
	(In thousands)
U.S.	$	(54,085)	$	(52,007)	$	(76,052)
Foreign	2,146		2,207		820
Loss before income taxes	$	(51,939)	$	(49,800)	$	(75,232)

The income tax provisions for the years ended December 31, 2021, 2020, and 2019 primarily relate to international and state taxes for jurisdictions in which Vimeo conducts business. The components of the income tax provision are as follows:


	December 31,
	2021		2020		2019
	(In thousands)
Current income tax provision:
Federal	$	52	$	—	$	—
State	85		64		39
Foreign	761		561		242
Current income tax provision	898		625		281

Deferred income tax (benefit) provision:
Federal	(20)		270		—
State	(5)		—		—
Foreign	(45)		(67)		64
Deferred income tax (benefit) provision	(70)		203		64
Income tax provision	$	828	$	828	$	345

Vimeo is in a net operating loss ("NOL") position for U.S. federal and state income tax purposes and certain foreign jurisdictions. The largest deferred tax assets are NOLs. Vimeo has recorded a valuation allowance for the majority of its net deferred tax assets because it has concluded that it is more likely than not that the NOLs will not be utilized due to its history of pre-tax losses. The tax effects of cumulative temporary differences that give rise to significant deferred tax assets and deferred tax liabilities are as follows:


	December 31,
	2021		2020
	(In thousands)
Deferred tax assets:
Net operating loss carryforwards	$	33,897	$	31,721
Tax credit carryforwards	9,066		6,903
Intangible assets with definite lives	2,247		3,992
Disallowed interest carryforwards	227		3,705
Stock-based compensation	5,467		3,013

Other	8,309		5,477
Total deferred tax assets	59,213		54,811
Less: valuation allowance	(52,023)		(51,689)
Net deferred tax assets	7,190		3,122

Deferred tax liabilities:
Prepaid expenses	(3,835)		(2,345)
Leasehold improvements and equipment	(299)		(415)
Right-of-use assets	(2,561)		(343)
Withholding taxes	(506)		(270)
Total deferred tax liabilities	(7,201)		(3,373)
Net deferred tax liability	$	(11)	$	(251)

In connection with the Spin-off, Vimeo was allocated an estimated portion of tax attributes related to the IAC consolidated federal and state tax filings pursuant to the Internal Revenue Code ("IRC") and applicable state law. Vimeo's net deferred tax position (computed on an as if standalone, separate return basis) was adjusted to reflect the estimated allocation with a corresponding adjustment to the valuation allowance. The allocation of tax attributes will be finalized following the

completion of the 2021 U.S. federal and state tax filings which will be impacted by multiple factors, including, but not limited to, the amount of taxable income or loss generated by the IAC consolidated tax group in the year ended December 31, 2021.

The composition of Vimeo's NOLs as of December 31, 2021 is as follows:


	Federal		State		Foreign		Total
	(In thousands)
Subject to expiration (a)	$	27,324	$	53,867	$	—	$	81,191
Indefinite carryforward (b)	65,765		7,466		46,938		120,169
Total NOLs (c)	$	93,089	$	61,333	$	46,938	$	201,360

____________________

(a) Federal and state NOLs will expire at various times from 2033 through 2037 and 2022 through 2041, respectively.

(b) All indefinite carryforward federal NOLs are subject to the Tax Cuts and Jobs Act 80% taxable income limitation.

(C) Federal and state NOLs of $13.6 million and $12.9 million, respectively, are subject to limitations under IRC Section 382, separate return limitations, and applicable law.

At December 31, 2021, Vimeo has tax credit carryforwards of $11.5 million. Of this amount, $9.5 million relates to credits for research activities and $2.0 million relates to credits for foreign taxes. These credit carryforwards will expire between 2026 and 2041.

Vimeo regularly assesses the realizability of deferred tax assets considering all available evidence including, to the extent applicable, the nature, frequency and severity of prior cumulative losses, forecasts of future taxable income, tax filing status, the duration of statutory carryforward periods, available tax planning, and historical experience. During 2021, Vimeo's valuation allowance increased by $0.3 million, primarily due to an increase in federal, state, and acquired foreign NOLs, partially offset by a decrease in attributes resulting from the Spin-off allocation. At December 31, 2021, Vimeo has a valuation allowance of $52.0 million related to the portion of tax loss carryforwards and other items for which it is more likely than not that the tax benefit will not be realized.

A reconciliation of the income tax provision to the amounts computed by applying the statutory federal income tax rate to loss before income taxes is shown as follows:


	Years Ended December 31,
	2021		2020		2019
	(In thousands)
Income tax benefit at the federal statutory rate of 21%	$	(10,907)	$	(10,458)	$	(15,799)
State income taxes, net of effect of federal tax benefit	(138)		(159)		31
Change in valuation allowance	16,883		14,711		16,464
Stock-based compensation	(4,041)		(2,979)		299
Research credit	(2,163)		(1,439)		(1,049)
Transaction costs	698		573		2
Other, net	496		579		397
Income tax provision	$	828	$	828	$	345

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:


	Years Ended December 31,
	2021		2020		2019
	(In thousands)
Balance at beginning of period	$	1,921	$	1,475	$	1,026
Additions based on tax positions related to prior years	—		538		—
Settlements	(329)		(645)		—
Additions based on tax positions related to the current year	927		553		449
Balance at end of period	$	2,519	$	1,921	$	1,475

Vimeo recognizes interest and penalties related to unrecognized tax benefits, if applicable, in the "Income tax provision" in the accompanying consolidated statement of operations.

At December 31, 2021, 2020, and 2019, unrecognized tax benefits were $2.5 million, $1.9 million, and $1.5 million, respectively. A portion of unrecognized tax benefits as of December 31, 2021 relate to tax positions included in IAC's consolidated tax return filings. If unrecognized tax benefits at December 31, 2021, 2020, and 2019 were subsequently recognized, there would be no impact to income tax expense due to the valuation allowance on deferred tax assets. Vimeo does not expect any settlements or changes to the existing unrecognized tax benefits by December 31, 2022.

Vimeo is routinely under audit by federal, state, local, and foreign authorities as a result of previously filed separate company and consolidated tax returns with IAC. These audits include questioning the timing, amount, and allocation of income and deductions among various tax jurisdictions. The Internal Revenue Service ("IRS") has substantially completed its audit of IAC's federal income tax returns for the years ended December 31, 2013 through 2017 and has begun its audit of the years ended December 31, 2018 and 2019, which includes the operations of the Company. The statute of limitations for the years 2013 through 2019 have been extended to December 31, 2023. Various other jurisdictions are open to examination for tax years beginning with 2009. Income taxes payable, which is included in "Accrued expenses and other current liabilities" in the accompanying consolidated balance sheet, include unrecognized tax benefits that are considered to be sufficient to pay assessments that may result from the examination of prior year tax returns. Vimeo considers many factors when evaluating and estimating its tax positions and tax benefits, which may not accurately anticipate actual outcomes and, therefore, may require periodic adjustment. Although management currently believes changes in unrecognized tax benefits from period to period and differences between amounts paid, if any, upon resolution of issues raised in audits and amounts previously provided will not have a material impact on the liquidity, results of operations, or financial condition of Vimeo, these matters are subject to inherent uncertainties and management’s view of these matters may change in the future.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

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+ Details

LEASES - Operating Lease Liabilities Maturities (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Leases [Abstract]
2022	$ 7,294
2023	4,339
2024	838
2025	860
2026	527
Thereafter	416
Total	14,274
Less: interest	(266)
Total lease liabilities	$ 14,008	$ 1,669

ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)

12 Months Ended

Dec. 31, 2021

Equity [Abstract]

Schedule of Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss consists of foreign currency translation adjustments is shown as follows:


	Years Ended December 31,
	2021		2020		2019
	(In thousands)
Balance at beginning of period	$	(87)	$	(232)	$	(154)
Other comprehensive income (loss)	1		145		(78)
Balance at end of period	$	(86)	$	(87)	$	(232)

INCOME TAXES - Operating Loss Carryforwards (Details) $ in Thousands	Dec. 31, 2021 USD ($)
Income Taxes [Line Items]
Subject to expiration	$ 81,191
Indefinite carryforward	120,169
Total NOLs	201,360
Federal
Income Taxes [Line Items]
Subject to expiration	27,324
Indefinite carryforward	65,765
Total NOLs	93,089
Net operating loss carryforwards, subject to limitations under IRC section 382	13,600
State
Income Taxes [Line Items]
Subject to expiration	53,867
Indefinite carryforward	7,466
Total NOLs	61,333
Net operating loss carryforwards, subject to limitations under IRC section 382	12,900
Foreign
Income Taxes [Line Items]
Subject to expiration	0
Indefinite carryforward	46,938
Total NOLs	$ 46,938

GOODWILL AND INTANGIBLE ASSETS WITH DEFINITE LIVES - Summary (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	$ 242,586	$ 219,337	$ 219,374
Intangible assets with definite lives, net of accumulated amortization	11,008	10,854
Total goodwill and intangible assets with definite lives, net	$ 253,594	$ 230,191

FAIR VALUE MEASUREMENTS - Narrative (Details)	Dec. 31, 2021 USD ($) arrangement	Dec. 31, 2020 USD ($)
Business Acquisition [Line Items]
Number of outstanding consideration arrangements \| arrangement	2
Non-current portion of contingent consideration arrangement liability	$ 12,200,000
Contingent consideration arrangements	12,200,000	$ 0
Wibbitz Ltd. and WIREWAX Ltd.
Business Acquisition [Line Items]
Maximum contingent payment	$ 25,000,000

FINANCIAL STATEMENT DETAILS - Revenue and Long-Lived Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disaggregation of Revenue [Line Items]
Revenue	$ 391,678	$ 283,218	$ 196,015
Leasehold improvements and equipment, net	2,868	3,321
United States
Disaggregation of Revenue [Line Items]
Revenue	197,576	139,826	100,275
Leasehold improvements and equipment, net	$ 1,901	$ 2,549
United States \| Revenue Benchmark \| Geographic Concentration Risk
Disaggregation of Revenue [Line Items]
Concentration risk, percent (greater than)	10.00%	10.00%
All other countries
Disaggregation of Revenue [Line Items]
Revenue	$ 194,102	$ 143,392	$ 95,740
Leasehold improvements and equipment, net	$ 967	$ 772

- Definition

Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.

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+ Details

STOCK-BASED COMPENSATION - Weighted Average Assumptions (Details) - Stock Appreciation Rights (SARs)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility (as a percent)	38.00%	41.00%
Risk-free interest rate (as a percent)	1.00%	1.80%
Expected term	3 years 3 months 18 days	3 years 4 months 24 days
Dividend yield (as a percent)	0.00%	0.00%

REVOLVING CREDIT FACILITY (Details) - Revolving Credit Facility - Vimeo Credit Facility - USD ($)	12 Months Ended
	Dec. 31, 2021	Feb. 12, 2021
Revolving Credit Facility [Line Items]
Maximum borrowing capacity		$ 100,000,000
Commitment fee rate (as a percent)	0.20%
Covenant term, minimum liquidity requirement	$ 50,000,000
Maximum leverage ratio (not more than)	5.5
Net leverage ratio affecting ability to pay dividends, make distributions, or repurchase stock	4.0
Credit facility, borrowings outstanding	$ 0

- Definition

The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

+ References + Details

CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Cash flows from operating activities:
Net loss	$ (52,767)	$ (50,628)	$ (75,577)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Stock-based compensation expense	44,893	11,665	5,291
Amortization of intangibles	5,846	14,744	9,653
Depreciation	923	460	478
Provision for credit losses	1,428	1,834	1,245
(Gain) loss on the sale of an asset	(10,151)	(288)	6,237
Other adjustments, net	542	3,681	3,464
Changes in assets and liabilities, net of effects of acquisitions and dispositions:
Accounts receivable	(19,204)	(7,413)	(1,465)
Prepaid expenses and other assets	(6,400)	(3,707)	(1,308)
Accounts payable and other liabilities	14,146	(12,778)	7,519
Deferred revenue	36,698	56,291	17,285
Net cash provided by (used in) operating activities	15,954	13,861	(27,178)
Cash flows from investing activities:
Acquisitions, net of cash acquired	(14,241)	500	(168,139)
Capital expenditures	(445)	(844)	(2,801)
Proceeds from the sale of an asset	7,862	288	2,215
Other, net		98	(3,471)
Net cash (used in) provided by investing activities	(6,824)	42	(172,196)
Cash flows from financing activities:
Proceeds from sale of common stock, net of fees	299,750	149,600	0
Principal payments on related-party debt	(94,565)	(35,457)	0
Proceeds from issuance of related-party debt	0	32,563	32,249
Deferred financing costs	(1,440)	0	0
Dividends	0	(31,079)	0
Withholding taxes paid related to equity awards	(4,051)	(10,125)	(266)
Issuance of Vimeo OpCo common stock to IAC/InterActiveCorp in connection with the funding of the Magisto acquisition	0	0	168,474
Proceeds from exercise of stock options	3,364	0	0
Reimbursement to IAC/InterActiveCorp for IAC common shares issued to settle Vimeo OpCo stock appreciation rights	0	(11,634)	0
Net cash provided by financing activities	203,058	93,868	200,457
Total cash provided	212,188	107,771	1,083
Effect of exchange rate changes on cash and cash equivalents and restricted cash	120	303	(128)
Net increase in cash and cash equivalents and restricted cash	212,308	108,074	955
Cash and cash equivalents and restricted cash at beginning of period	110,037	1,963	1,008
Cash and cash equivalents and restricted cash at end of period	$ 322,345	$ 110,037	$ 1,963

LEASES - Lease Expense (Details) - USD ($) $ in Thousands	12 Months Ended
LEASES - Lease Expense (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Leases [Abstract]
Fixed	$ 3,884	$ 957	$ 3,770
Short-term	553	273	214
Variable	119	143	72
Sublease income	0	(61)	(154)
Total lease expense, net	$ 4,556	$ 1,312	$ 3,902

FINANCIAL STATEMENT DETAILS - Supplemental Disclosure of Cash Flow Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Cash paid (received) during the year for:
Interest	$ 5,064	$ 10,653	$ 6,529
Income tax payments	801	957	103
Income tax refunds	$ (62)	$ (70)	$ 0

SHAREHOLDERS' EQUITY	12 Months Ended
SHAREHOLDERS' EQUITY	Dec. 31, 2021
Equity [Abstract]
SHAREHOLDERS' EQUITY	SHAREHOLDERS' EQUITY Description of Vimeo Common Stock and Vimeo Class B Common Stock Except as described herein, shares of Vimeo common stock and Vimeo Class B common stock are identical. In general, the holders of Vimeo common stock vote together as a single class with the holders of Vimeo Class B common stock on all matters, including the election of directors; provided, however, that the holders of Vimeo common stock, acting as a single class, are entitled to elect twenty-five percent (25%) of the total number of Vimeo directors, rounded up to the next whole number in the event of a fraction. Each outstanding share of Vimeo common stock and Vimeo Class B common stock entitles the holder to one vote per share and ten votes per share, respectively. The holders of shares of Vimeo common stock and the holders of shares of Vimeo Class B common stock are entitled to receive, share for share, such dividends as may be declared by Vimeo's Board of Directors out of funds legally available for the payment of dividends. In the event of a liquidation, dissolution, distribution of assets or winding-up of Vimeo, the holders of shares of Vimeo common stock and Vimeo Class B common stock are entitled to receive, share for share, all the assets available for distribution after payment of a proper amount to the holders of any series of Vimeo preferred stock, including any series that may be issued in the future. Upon completion of the Spin-off, Vimeo amended and restated its certificate of incorporation such that it is authorized to issue 1,600,000,000 shares of Vimeo common stock and 400,000,000 shares of Vimeo Class B common stock. Description of Preferred Stock Vimeo's Board of Directors is authorized to provide for the issuance of shares of preferred stock, and any class or series thereof, and to assign the designations, powers, preferences and rights to each such class or series and any qualifications, limitations or restrictions. There have been no preferred stock issuances to date. Sale of Common Stock In January 2021, Vimeo OpCo raised $300 million of equity capital via the sale of approximately 6.2 million shares of its Class A Voting common stock for $200 million, or $32.41 per share, at a $5.2 billion pre-money valuation, and approximately 2.8 million shares of its Class A Voting common stock for $100 million, or $35.35 per share, at a $5.7 billion pre-money valuation. On November 10, 2020, Vimeo OpCo raised $150 million of equity capital via the sale of approximately 8.7 million shares of its Class A Voting common stock at a price of $17.33 per share, based on an enterprise value of approximately $2.75 billion.

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

+ References

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+ Details