v3.25.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 162,152 $ 371,063
Short-term deposits 5,000 5,000
Accounts receivable, net 48,453 47,803
Prepaid expenses and other current assets 9,825 9,830
Short-term investments 130,428 0
Total current assets 355,858 433,696
Property and equipment, net 10,970 12,704
Operating lease right-of-use assets 21,203 25,310
Deferred contract acquisition costs 15,587 16,558
Other assets, noncurrent 6,953 7,593
Total assets 410,571 495,861
Current liabilities:    
Accounts payable 1,911 2,309
Accrued compensation and benefits 27,532 26,365
Guarantee obligations 12,278 13,061
Provision for chargebacks, net 10,458 9,434
Operating lease liabilities, current 6,075 5,590
Accrued expenses and other current liabilities 12,466 13,780
Total current liabilities 70,720 70,539
Operating lease liabilities, noncurrent 18,947 21,940
Other liabilities, noncurrent 26,145 21,078
Total liabilities 115,812 113,557
Commitments and Contingencies
Shareholders’ equity:    
Treasury shares at cost, 52,025,888 and 30,049,351 ordinary shares as of December 31, 2025 and 2024, respectively (260,451) (154,223)
Additional paid-in capital 1,029,328 982,131
Accumulated other comprehensive profit (loss) (62) 887
Accumulated deficit (474,056) (446,491)
Total shareholders’ equity 294,759 382,304
Total liabilities and shareholders’ equity 410,571 495,861
Common Class A    
Shareholders’ equity:    
Common stock, value, issued 0 0
Common Class B    
Shareholders’ equity:    
Common stock, value, issued $ 0 $ 0