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INVESTMENTS
12 Months Ended
Dec. 31, 2025
Equity Method Investments and Joint Ventures [Abstract]  
INVESTMENTS INVESTMENTS
Other Equity Investments
Other equity investments represent equity investments without readily determinable fair values. We have elected to record equity investments without readily determinable fair values at cost adjusted for observable price changes in orderly transactions and impairments. As of December 31, 2025 and 2024, SumUp is the only equity investment with a positive carrying value. As of December 31, 2025 and 2024, the Company holds a 1% to 19% ownership percentage in equity investments that have a zero carrying value.
As of December 31, 2025, we hold a 1.79% non-controlling equity interest in SumUp, a privately-held mobile payments company. During the third quarter of 2023, we recorded a remeasurement of our investment in SumUp, resulting in a decline of $25.8 million based on a preliminary Share Purchase Agreement. This remeasurement represents non-cash investing activity. The loss was driven by a share price reduction on a Euro basis as well as foreign currency depreciation of U.S. dollars versus Euros. The loss on the remeasurement is classified within Other income (expense), net on the Consolidated Statement of Operations for the year ended December 31, 2023.
During the year ended December 31, 2023, the Company sold approximately 21.1% of its interest in SumUp and received cash of $19.0 million. As a result, our non-controlling equity interest in SumUp decreased from 2.29% to 1.79%.
TodayTix Sale
In September 2025, the Company received notice from a third-party of its intent to buy our minority investment in TodayTix in exchange for cash consideration. On October 20, 2025, the Company sold its noncontrolling interest in TodayTix resulting in a gain recognized in the fourth quarter of 2025 of $6.0 million, equal to the cash consideration received as the investment's carrying value prior to the sale was $0 due to a previous impairment in-full in 2019. The gain is presented in Other income (expense), net in the Consolidated Statement of Operations. The related cash activity is presented within Net cash provided by (used in) investing activities from continuing operations for the year ended December 31, 2025.

Available-for-Sale Securities
Our available-for-sale securities had a fair value of $0 as of December 31, 2025 and 2024 and no financial statement activity was recorded for the years ended December 31, 2025, 2024 and 2023.
Fair Value Option Investments    
In connection with the dispositions of controlling stakes in Ticket Monster and Groupon India in prior periods, we obtained minority investments in Monster LP and in Nearbuy. We made an irrevocable election to account for both of those investments at fair value with changes in fair value reported in earnings. We elected to apply fair value accounting to those investments because we believe that fair value is the most relevant measurement attribute for those investments, as well as to reduce operational and accounting complexity. Our election to apply fair value accounting to those investments has and may continue to cause fluctuations in our earnings from period to period.
The fair value of both of these investments was $0 as of December 31, 2025 and 2024 and no financial statement activity was recorded for the years ended December 31, 2025, 2024 and 2023. As of December 31, 2025 and 2024, the Company holds a 10% to 19% ownership percentage in our fair value option investments.