| Summary of Segment Reporting Financial Information, by Segment |
The following table presents selected financial information with respect to the Company’s single operating segment:
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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(in thousands) |
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2025 |
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2024 |
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2025 |
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2024 |
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Total Revenue |
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$ |
48,863 |
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$ |
49,169 |
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$ |
97,855 |
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$ |
95,973 |
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Costs and Expenses: |
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Cost of revenue |
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13,875 |
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15,361 |
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26,485 |
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28,813 |
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General and administrative |
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4,771 |
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6,055 |
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11,039 |
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10,749 |
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Marketing expense |
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2,182 |
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1,770 |
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4,519 |
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3,381 |
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Employee-related costs |
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12,795 |
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13,708 |
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25,460 |
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25,765 |
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Depreciation and amortization |
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849 |
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|
864 |
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1,695 |
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1,614 |
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Other income expense, net |
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4,690 |
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16,528 |
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(3,075 |
) |
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30,279 |
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Income tax expense |
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2,150 |
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73 |
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3,766 |
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2,475 |
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Other segment items(1) |
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3,626 |
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5,178 |
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8,202 |
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|
8,991 |
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Net income (loss) |
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$ |
3,925 |
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$ |
(10,368 |
) |
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$ |
19,764 |
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$ |
(16,094 |
) |
(1)Other segment items include other operating and maintenance costs and outsourcing costs, such as rent, utilities, merchant fees, contract labor and consulting fees.
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