v3.25.1
SEGMENT INFORMATION
 3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
The Company’s CODM manages the business and evaluates operating performance based on consolidated net loss. The Company’s CODM uses consolidated net loss to monitor budget versus actual results. The Company operates as one operating segment and has one reportable segment that constitutes consolidated results.
The following table sets forth the Company’s segment information for revenue and significant expenses for the three months ended March 31, 2025 and 2024 (in thousands):
Three Months Ended
March 31,
20252024
Revenue$32,512 $25,469 
Less (add):
Cost of revenue21,974 49,660 
Compensation expense excluding stock-based compensation14,282 21,309 
Stock-based compensation4,317 8,374 
Depreciation and amortization4,240 4,344 
Other segment expenses, net (1)
12,641 13,936 
Provision for income taxes58 153 
Net loss$(25,000)$(72,307)
(1) Other segment expenses, net includes interest expense and other income, net.