The Company’s segment net loss and significant expenses for the years ended December 31, 2025, 2024, and 2023 consisted of the following (in thousands):


	Year Ended December 31,
	2025		2024		2023
Revenue	$	260,210	$	169,800	$	122,784
Cost of revenue (1)	89,271		66,923		52,813
Employee compensation (2)	129,036		111,221		105,646
Other segment items (3)	54,681		38,793		31,836
Consolidated net loss	$	(12,778)	$	(47,137)	$	(67,511)

(1)Depreciation and amortization included in cost of revenue was $5.0 million, $4.2 million and $3.8 million for the years ended December 31, 2025, 2024 and 2023, respectively.

(2)Employee compensation is part of research and development, sales and marketing and general and administrative expenses and includes salaries, share-based compensation expense, sales commissions, employee bonuses, benefits, and other employee-related expenses.

(3)Other segment items include third-party consulting services and professional services, software and infrastructure, hosting, marketing and advertising, and other income and other expenses.