v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Operating activities:    
Net income $ 9,748 $ 7,661
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and accretion 1,713 2,135
Deferred income tax expense 2,615 2,313
Stock-based compensation 2,493 2,307
Gain on sale of domain name (701) 0
Provisions for credit losses, service credits and other 539 262
Changes in assets and liabilities:    
Accounts receivable (4,415) 223
Prepaid expenses and other assets (18) (1,232)
Net operating lease liabilities (6) (11)
Accounts payable and other liabilities (3,201) (3,046)
Deferred revenue 523 (1,192)
Net cash provided by operating activities 9,290 9,420
Investing activities:    
Purchases of property and equipment (1,791) (1,516)
Proceeds from the sale of domain name 701 0
Net cash used in investing activities (1,090) (1,516)
Financing activities:    
Cash distributions to stockholders (14,424) (13,715)
Proceeds from issuance of common stock under the Employee Stock Purchase Plan 142 131
Purchase of common stock for tax withholding on vested equity awards (2,843) (2,428)
Net cash used in financing activities (17,125) (16,012)
Effect of exchange rate on cash and cash equivalents 22 (6)
Net decrease in cash and cash equivalents (8,903) (8,114)
Cash and cash equivalents, beginning of period 29,145 31,989
Cash and cash equivalents, end of period 20,242 23,875
Supplemental disclosure:    
Income taxes paid $ 114 $ 241