v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Income Statement [Abstract]    
Revenues [1],[2] $ 85,709 $ 86,795
Cost of revenues [1],[2],[3],[4] 51,747 50,067
Selling and marketing [3],[4] 14,803 15,364
Research and development [3],[4] 8,118 8,767
General and administrative [3],[4] 12,475 13,213
Amortization of intangible assets 632 801
Restructuring 0 460
Total expenses from operations 87,775 88,672
Loss from operations (2,066) (1,877)
Interest expense, net (1,758) (572)
(Loss) gain from foreign currency transactions (1,743) 963
Other income, net 0 275
Loss before income taxes (5,567) (1,211)
Income tax benefit 1,574 157
Net loss (3,993) (1,054)
Net loss available to common stockholders:    
Net loss (3,993) (1,054)
Convertible redeemable preferred stock dividends [1],[2] (4,439) (4,240)
Total net loss available to common stockholders, basic $ (8,432) $ (5,294)
Net loss per common share :    
Basic (in dollars per share) $ (1.66) $ (1.08)
Diluted (in dollars per share) $ (1.66) $ (1.08)
Weighted-average number of shares used in per share calculation - Common Stock :    
Basic (in shares) 5,088,576 4,895,121
Diluted (in shares) 5,088,576 4,895,121
Comprehensive loss:    
Net loss $ (3,993) $ (1,054)
Other comprehensive loss:    
Foreign currency cumulative translation adjustment 2,639 (1,987)
Total comprehensive loss $ (1,354) $ (3,041)
[1]
Three Months Ended March 31,
20252024
Revenues$2,604 $2,518 
Cost of revenues5,766 7,588 
Convertible redeemable preferred stock dividends(4,439)(4,240)
[2]
(1) Transactions with related parties are included in the line items above as follows. Refer to Footnote 8, Related Party Transactions.
[3]
(3) Stock-based compensation expense is included in the line items above as follows:
Three Months Ended March 31,
20252024
Cost of revenues$162 $243 
Selling and marketing124 140 
Research and development97 180 
General and administrative355 815 
Total stock-based compensation expense$738 $1,378 
[4]
(2) Excludes amortization of intangible assets, which is presented as a separate line item.