Schedule of Reconciliation of Revenue from Segments to Consolidated |
The following table summarizes the revenues and significant expenses and regularly provided to the CODM (in thousands):
| | | | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, | | Three Months Ended March 31, | | Year Ended March 31, | | 2022 | | 2023 | | 2024 | | 2025 | | | | | | | | | Total revenues | $ | 135,912 | | | $ | 133,736 | | | $ | 33,740 | | | $ | 362,515 | | Total cost of revenues | 70,919 | | | 66,660 | | | 17,537 | | | 167,978 | | | | | | | | | | | | | | | | | | | | | | | | | | Selling and marketing expenses | 22,964 | | | 24,076 | | | 5,720 | | | 53,048 | | General and administrative expenses | 34,564 | | | 41,303 | | | 15,152 | | | 141,803 | | | | | | | | | | Development costs incurred | 10,641 | | | 12,716 | | | 3,417 | | | 28,881 | | Development costs capitalized | (2,169) | | | (4,336) | | | (1,399) | | | (12,820) | | Depreciation and amortization | 5,964 | | | 5,874 | | | 960 | | | 9,510 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Interest income | 71 | | | 103 | | | 259 | | | 926 | | Interest expense, net | 994 | | | (1,602) | | | (709) | | | (20,330) | | Bargain purchase - Movingdots | — | | | 9,034 | | | — | | | — | | Other income (expense), net | 24 | | | (29) | | | (55) | | | (1,163) | | | | | | | | | | | | | | | | | | | | | | | | | | Income tax expense | (870) | | | (589) | | | (352) | | | (4,517) | | | | | | | | | | Net loss before non-controlling interest | (6,752) | | | (5,640) | | | (8,504) | | | (50,969) | | Non-controlling interest | (2) | | | (35) | | | (11) | | | (18) | | | | | | | | | | | | | | | | | | | | | | | | | | Accretion of preferred stock | (5,906) | | | (7,139) | | | (9,996) | | | — | | Preferred stock dividend | (4,231) | | | (4,493) | | | (1,128) | | | (25) | | | | | | | | | | Net loss attributable to common stockholders | $ | (16,891) | | | $ | (17,307) | | | $ | (19,639) | | | $ | (51,012) | |
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Schedule of Revenues and Long Lived Assets by Geographical Region |
The following table summarizes revenues by geographic region (in thousands):
| | | | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, | | Three Months Ended March 31, | | Year Ended March 31, | | 2022 | | 2023 | | 2024 | | 2025 | | | | | | | | | North America | $ | 70,820 | | | $ | 74,671 | | | $ | 18,090 | | | $ | 121,623 | | Israel | 44,580 | | | 41,689 | | | 11,267 | | | 49,555 | | Africa | 3,241 | | | 3,283 | | | 863 | | | 97,586 | | Europe and Middle East | 3,120 | | | 1,908 | | | 1,016 | | | 43,190 | | Australia | — | | | — | | | — | | | 30,962 | | Other | 14,151 | | | 12,185 | | | 2,504 | | | 19,599 | | | | | | | | | | | $ | 135,912 | | | $ | 133,736 | | | $ | 33,740 | | | $ | 362,515 | |
The following table summarizes long-lived assets by geographic region (in thousands):
| | | | | | | | | | | | | March 31, 2024 | | March 31, 2025 | | | | | | | | | North America | $ | 4,083 | | | $ | 13,051 | | Israel | 3,946 | | | 2,249 | | Africa | 705 | | | 32,391 | | Europe and Middle East | 2,850 | | | 4,824 | | Australia | — | | | 825 | | Other | 1,135 | | | 4,671 | | | | | | | $ | 12,719 | | | $ | 58,011 | |
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