v3.25.2
Business Segments (Tables)
6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following table presents selected financial information with respect to the Company’s single operating segment for the three months ended June 30, 2025 and 2024:
Three Months Ended
June 30,
Six Months Ended
June 30,
2025202420252024
Revenue85,724 70,504 166,404 137,015 
Less:
Cost of revenue (1)
36,935 26,196 68,442 51,172 
Research and development (1)
15,332 13,697 30,234 27,562 
General and administrative (1)
9,295 11,600 20,160 20,938 
Sales and marketing (1)
11,072 11,397 22,951 24,112 
Stock-based compensation expense and related payroll tax expense9,649 10,627 19,481 21,755 
Capitalized internal-use software and intangible amortization
4,159 3,392 8,270 6,413 
Certain litigation-related expenses, net of recoveries— (8,462)— (9,834)
Interest income(4,189)(4,844)(8,386)(9,751)
Other segment items (2)
1,891 1,172 1,866 1,275 
Net income1,580 5,729 $3,386 $3,373 
(1) Amount includes depreciation from property and equipment of $0.1 million, and $0.1 million, respectively, for the three months ended June 30, 2025 and 2024, and $0.3 million, and $0.2 million, respectively, for the six months ended June 30, 2025 and 2024. Amount excludes the following as applicable: Stock-based compensation expense and related payroll tax expense; Capitalized internal-use software amortization, intangible amortization and depreciation; certain litigation-related expenses, net of recoveries; and other non-significant segment expenses, net.
(2) Other segment items also include items (as applicable) such as non-cash impairments, disposals of assets, certain transaction costs associated with the Merger, interest expense, other income (expense), net, and provision (benefit) for income taxes.