v3.25.2
Financial and Other Income and Expenses
 6 Months Ended
Jun. 30, 2025
Other Income and Expenses [Abstract]  
Financial and Other Income and Expenses Financial and Other Income and Expenses
The condensed consolidated statements of income line item “Financial and Other Income” can be broken down as follows:
Three Months EndedSix Months Ended
June 30, 2025June 30, 2024June 30, 2025June 30, 2024
(in thousands)
Financial income from cash equivalents$1,190 $1,640 $2,871 $3,829 
Interest and fees(657)(409)(1,088)(832)
Foreign exchange loss
(2,239)(1,437)(1,167)(559)
Discounting impact— 12 — (1,766)
Other financial income (expense)(95)(90)(115)225 
Total Financial and Other (Expense) Income $(1,801)$(284)$501 $897 
The $0.5 million in financial and other income for the six months ended June 30, 2025, were mainly driven by financial income from cash equivalents and a positive impact of foreign exchange losses, partially offset by interests and fees.