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]    
Revenue $ 31,272 $ 40,092
Cost of revenue (excluding depreciation and amortization) 23,283 30,741
Gross profit 7,989 9,351
Operating expenses:    
Research and development 1,968 4,243
Sales and marketing 703 2,019
Operations and support 2,411 4,321
General and administrative 4,368 6,014
Depreciation and amortization 986 1,102
Total operating expenses 10,436 17,699
Operating loss (2,447) (8,348)
Other income (expense), net:    
Interest expense (3,297) (4,152)
Interest income 20 363
Change in fair value of derivative liability 37  
Change in fair value of contingent purchase consideration 77 821
Loss on debt extinguishment   (1,405)
Income from equity method investment 150  
Other expense (5) (255)
Total other expense, net (3,018) (4,628)
Loss before income taxes (5,465) (12,976)
Provision for income taxes 19 39
Net loss attributable to common stockholders (5,484) (13,015)
Other comprehensive income:    
Foreign currency translation adjustments   132
Unrealized gains on marketable securities   10
Other comprehensive income   142
Comprehensive loss $ (5,484) $ (12,873)
Loss per share attributable to common stockholders:    
Basic $ (4.69) $ (11.69)
Diluted $ (4.69) $ (11.69)
Weighted average shares outstanding:    
Basic 1,169,354 1,113,267
Diluted 1,169,354 1,113,267