v3.25.2
RELATED-PARTY TRANSACTIONS
6 Months Ended
Jun. 30, 2025
Related Party Transactions [Abstract]  
RELATED-PARTY TRANSACTIONS RELATED-PARTY TRANSACTIONS
EQUITY INVESTMENTS
As of June 30, 2025, and December 31, 2024, the impacts of the arrangements with the Spiegel Venture and Nebula on the Company’s consolidated balance sheets were as follows:
(in thousands)
June 30,
2025
December 31,
2024
Accounts receivable$162 $248 
Accounts payable$$— 
Accrued expenses and other liabilities $$
For the three and six months ended June 30, 2025, and 2024, the impacts of arrangements with the Spiegel Venture and Nebula on the Company’s consolidated statements of operations were as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
(in thousands)
2025202420252024

Revenues$$— $$111 
Cost of revenues$$15 $18 $30 
OPERATING LEASE
The Company sublets a portion of its office space to Hendricks Investment Holdings, LLC, which is considered a related party as it is managed by various members of the Company’s Board of Directors. The Company accounts for the arrangement as an operating lease. Refer to Note 11 - Leases for additional information.