v3.25.1
Segment Information (Tables)
3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following table summarizes financial information by reportable segment regularly provided to the CODM (in thousands):
Three Months Ended March 31,
20252024
Transaction revenue$66,853 $66,317 
Subscription revenue116,257 107,897 
Total revenue183,110 174,214 
Less:
Filings fees25,219 24,813 
Other cost of revenue, excluding depreciation, amortization and stock-based compensation34,966 37,511 
Customer acquisition marketing44,215 40,563 
Other sales and marketing, excluding depreciation, amortization and stock-based compensation11,681 10,812 
Technology and development, excluding depreciation, amortization and stock-based compensation15,078 16,777 
General and administrative, excluding depreciation, amortization, stock-based compensation, and restructuring16,482 15,836 
Stock-based compensation29,756 14,856 
Depreciation and amortization10,406 7,670 
Interest income(1,483)(2,887)
Interest expense182 61 
Restructuring(1)
678 321 
Other segment items(2)
(347)(93)
Provision for income taxes5,487 3,230 
Gain on sale of assets held for sale(14,337)— 
Segment net income5,127 4,744 
Reconciliation of profit or loss
Adjustments and reconciling items$— $— 
Consolidated net income$5,127 $4,744 
(1) For 2025 and 2024, restructuring costs related to the reduction of our U.S. headcount.
(2) Other segment items included in segment net income primarily consist of foreign currency gains or losses related to our intercompany loans which were denominated in British Pound Sterling, or GBP, and included in other income, net on the consolidated statements of operations.