| ACCRUED AND OTHER LIABILITIES |
ACCRUED AND OTHER LIABILITIES Accrued and other liabilities consisted of the following (in thousands):
| | | | | | | | | | | | | December 31, | | 2025 | | 2024 | | Commissions payable to sending agents | $ | 16,381 | | | $ | 18,080 | | | Accrued salaries and benefits | 3,785 | | | 5,581 | | | Accrued bank charges | 3,225 | | | 1,839 | | | Lease liability, current portion | 6,207 | | | 6,468 | | | Accrued professional fees | 2,156 | | | 1,092 | | | Accrued taxes | 1,940 | | | 2,965 | | | Deferred revenue loyalty program | — | | | 2,692 | | | Contingent consideration liability | — | | | 1,158 | | Acquisition related liabilities | 150 | | | 1,244 | | | Accrued transaction costs | 84 | | | 1,600 | | | Other | 4,172 | | | 4,715 | | | $ | 38,100 | | | $ | 47,434 | |
The following table shows the changes in the deferred revenue loyalty program liability (in thousands):
| | | | | | | | | | Balance, December 31, 2022 | | $ | 4,212 | | | Revenue deferred during the year | | 3,230 | | | Revenue recognized during the year | | (2,671) | | | Balance, December 31, 2023 | | 4,771 | | | Revenue deferred during the year | | 2,783 | | | Revenue recognized during the year | | (4,862) | | | Balance, December 31, 2024 | | 2,692 | | | Revenue deferred during the year | | 141 | | | Revenue recognized during the year | | (2,833) | | | Balance, December 31, 2025 | | $ | — | |
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