The following tables set forth significant expense categories and other specified amounts included in consolidated net income that are otherwise regularly provided to the CODM for the three months ended March 31, 2025 and 2024:


	Three Months Ended March 31,
	2025		2024
Revenue	$	192,706	$	190,937
Cost of revenue (1)	39,201		41,909
Research and development (1)	38,544		44,658
Sales and marketing (1)	33,750		44,906
General and administrative (1)(2)	22,940		25,212
Provision for transaction losses	2,259		927
Stock-based compensation expense	12,272		16,942
Depreciation and amortization	4,861		3,146
Interest income	(7,098)		(7,685)
Interest expense	686		693

Income tax (benefit) provision	7,277		1,329
Other segment items (3)	284		458
Segment net income	$	37,730	$	18,442

(1) For all periods presented, excludes stock-based compensation and depreciation and amortization included in cost of revenue, research and development, sales and marketing, and general and administrative expenses, as these amounts are regularly provided to the CODM.

(2) For all periods presented, excludes expenses related to the warrant to purchase 500,000 shares of the Company’s common stock at an exercise price of $0.01 per share issued to the Tides Foundation in 2018, which is referred to as the Tides Foundation Warrant.

(3) For all periods presented, the Company incurred $0.2 million of expenses related to the Tides Foundation Warrant.