Segment Data (Tables)

3 Months Ended

Mar. 31, 2026

The following table presents the operating financial results of our single reportable segment, including revenue, significant expenses regularly provided to the CODM, and net loss:


	Three Months Ended March 31,
(in thousands)	2026			2025
Revenue	$	55,929		$	59,191
Total cost of revenue		14,279			15,431
Sales and marketing		19,578			20,653
Product development		6,499			9,301
General and administrative		12,084			12,269
Other segment items, net (1)		199,278			167,516
Benefit from income taxes		3,435			10,886
Net loss	$	(192,354	)	$	(155,093	)

(1)

For the three months ended March 31, 2026, other segment items, net includes a goodwill impairment charge of $197.2 million, a TRA remeasurement gain of $6.5 million, depreciation and amortization expense of $8.3 million, interest expense of $2.6 million, interest income of $1.3 million, a transaction integration, and restructuring gain of $0.8 million, and a net foreign currency transaction gain of $0.3 million. For the three months ended March 31, 2025, a goodwill impairment charge of $176.5 million, a TRA remeasurement gain of $20.7 million, depreciation and amortization expense of $8.5 million, interest expense of $2.4 million, interest income of $2.1 million, transaction integration, and restructuring expenses of $1.3 million, net foreign currency transaction losses of $1.0 million, and a loss on the partial extinguishment of debt of $0.5 million.