v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
OPERATING ACTIVITIES:    
Net loss $ (667) $ (10,908)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 2,168 2,140
Stock-based compensation 3,046 5,926
Bad debt expense 0 132
Amortization of debt issuance costs 611 365
Changes in:    
Accounts receivable 4,700 11,600
Prepaid expenses and other assets (958) (1,457)
Accounts payable (174) 752
Revenue share payable (2,462) (3,412)
Accrued expenses and other liabilities 4,138 (2,264)
Operating lease liabilities 9 0
Deferred tax liabilities (1,033) 0
Taxes receivable and payable (964) (855)
Deferred revenue 11 881
NET CASH PROVIDED BY OPERATING ACTIVITIES 8,425 2,900
INVESTING ACTIVITIES:    
Purchase of property and equipment (37) (77)
Capitalized software development costs (91) (161)
NET CASH USED IN INVESTING ACTIVITIES (128) (238)
FINANCING ACTIVITIES:    
Cash paid for employee withholding taxes related to the vesting of restricted stock units (92) (555)
Repayment of long-term debt (5,000) (1,000)
NET CASH USED IN FINANCING ACTIVITIES (5,092) (1,555)
NET INCREASE IN CASH AND CASH EQUIVALENTS 3,205 1,107
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD 13,380 13,852
CASH AND CASH EQUIVALENTS - END OF PERIOD 16,585 14,959
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for interest 2,288 2,710
Cash paid for income taxes $ 1,087 $ 110