v3.26.1
Segment Information (Tables)
3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following is the information used by the CODM in assessing segment performance:
Three Months Ended March 31,
20262025
Net revenue$165,798 $139,073 
Cost of revenue48,206 40,394 
Gross profit117,592 98,679 
Significant expenses:
Employee compensation and benefits58,001 60,135 
Share based compensation20,017 25,915 
Technology18,090 14,811 
Depreciation and amortization8,854 5,331 
Professional services4,631 5,695 
Occupancy
1,179 917 
Marketing and advertising1,160 469 
Other operating expenses3,566 3,944 
Income (loss) from operations
2,094 (18,538)
Interest income5,363 10,487 
Other income
570 26 
Income tax expense
193 235 
Segment and consolidated net income (loss)(1)
$7,834 $(8,260)
(1) The Company operates as a single reportable segment that is managed on a consolidated basis, therefore the Company’s segment net income (loss) is the same as the Company’s consolidated net income (loss).